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Featured local agent — New Port Richey, FL

Sarah Mitchell

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Compass Real Estate · New Port Richey, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Port Richey, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Port Richey, FL Housing Market & Real Estate

Buyer's market-10.3% YoY

Housing market overview · Updated monthly ·

$176,800median sale price

How is the New Port Richey, FL housing market right now?

The median home sale price in New Port Richey, FL is $176,800, down 10.3% year-over-year. Homes sell in an average of 29 days with 126 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is New Port Richey a buyer's or seller's market?

Buyer's market5.5 months of supply29 avg. days on market

New Port Richey, FL is currently a buyer's market, based on 5.5 months of supply and homes selling in about 29 days. How we determine this →

Homes sold

23

Last 12 weeks

Days on market

29

Average pace

Active listings

126

5.5 months supply

Sale-to-list

94.8%

Below asking

What does the New Port Richey housing market data show?

Current housing market statistics for New Port Richey, FL
MetricValue
Median sale price$176,800
Median list price$284,450
Year-over-year price change-10.3%
Average days on market29 days
Active inventory126 listings
Months of supply5.5 months
Sale-to-list price ratio94.8%
Median price per sq ft$178/sq ft
Homes sold (latest month)23
New listings (latest month)40
Listings with a price cut42.1%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in New Port Richey by property type?

How the New Port Richey, FL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in New Port Richey, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$249,000$194/sq ft1427 days
Condo / Co-op$87,250$111/sq ft6263 days
Townhouse$155,000$86/sq ft1

Source: Redfin · Updated monthly

The New Port Richey housing market is currently classified as a buyer's market with a median sale price of $176,800. Prices have fallen 10.3% compared to last year, with homes spending an average of 29 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.3x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in New Port Richey

There are currently 126 homes listed for sale in New Port Richey, Florida. The median listing price is $284K. Featured listings range from $50,000 to $484,500.

land for sale at 6981 Edgewater Dr New Port Richey 34652 - $50,000
New Listing
9
$50,000

6981 Edgewater Dr

New Port Richey, FL 34652

Land3,485 sqft lot

FLORIDA LUXURY REALTY INC

View photos & details
1 bedroom condo for sale at 11832 Boynton Ln Unit 24B New Port Richey 34654 - $97,000
New Listing
43
$97,000

11832 Boynton Ln Unit 24B

New Port Richey, FL 34654

1 bd2 ba779 sqft$125/ft²
Condo871 sqft lot

BHHS FLORIDA PROPERTIES GROUP

View photos & details
land for sale at 8519 Adonis Rd New Port Richey 34654 - $159,900
New Listing
8
$159,900

8519 Adonis Rd

New Port Richey, FL 34654

Land1.00 acres

FLORIDA FAMILY R E SER INC

View photos & details
2 bedroom house for sale at 3521 Teeside Dr New Port Richey 34655 - $165,000
New Listing
73
$165,000

3521 Teeside Dr

New Port Richey, FL 34655

2 bd2 ba1,034 sqft$160/ft²
House871 sqft lot

CHARLES RUTENBERG REALTY INC

View photos & details
2 bedroom condo for sale at 4833 Myrtle Oak Dr Unit 12 New Port Richey 34653 - $172,000
New Listing
54
$172,000

4833 Myrtle Oak Dr Unit 12

New Port Richey, FL 34653

2 bd2 ba935 sqft$184/ft²
Condo871 sqft lot

HOMEFRONT REALTY

View photos & details
2 bedroom house for sale at 11621 Holly Ann Dr New Port Richey 34654 - $269,000
New Listing
59
$269,000

11621 Holly Ann Dr

New Port Richey, FL 34654

2 bd2 ba1,400 sqft$192/ft²
House6,098 sqft lot

RE/MAX CHAMPIONS

View photos & details
2 bedroom townhouse for sale at 5523 Yellowfin Ct New Port Richey 34652 - $274,999
New Listing
58
$274,999

5523 Yellowfin Ct

New Port Richey, FL 34652

2 bd3 ba1,509 sqft$182/ft²
Townhouse1,307 sqft lot

JULIAO REAL ESTATE, LLC

View photos & details
2 bedroom house for sale at 6686 Latitude Bnd New Port Richey 34655 - $326,290
New Build
18
$326,290

6686 Latitude Bnd

New Port Richey, FL 34655

2 bd2 ba1,683 sqft$194/ft²
House
View photos & details
2 bedroom house for sale at 8347 Driveable Way New Port Richey 34655 - $330,090
New Build
17
$330,090

8347 Driveable Way

New Port Richey, FL 34655

2 bd2 ba1,783 sqft$185/ft²
House
View photos & details
3 bedroom house for sale at 6687 Latitude Bnd New Port Richey 34655 - $425,650
New Build
21
$425,650

6687 Latitude Bnd

New Port Richey, FL 34655

3 bd2 ba2,350 sqft$181/ft²
House
View photos & details
4 bedroom house for sale at 10803 El Radabob Way New Port Richey 34655 - $429,500
New Build
23
$429,500

10803 El Radabob Way

New Port Richey, FL 34655

4 bd3 ba2,023 sqft$212/ft²
House
View photos & details
4 bedroom house for sale at 10753 Apalachicola Dr New Port Richey 34655 - $484,500
New Build
24
$484,500

10753 Apalachicola Dr

New Port Richey, FL 34655

4 bd3 ba2,404 sqft$202/ft²
House
View photos & details

Looking to buy in New Port Richey?

Get connected with a local real estate expert — free, no obligation.

Active listings

126

Homes on market

Median list price

$284K

Avg. days on market

29

Days until sale

New this week

40

Newly listed

Price drops:42.1%of listings
Sale-to-list:94.8%

Who lives in New Port Richey?

Population

17,057

Median income

$46,160/yr

Median age

53.5 years

Owner-occupied

57.5%

College grads

15.7%

Avg commute

27.6 min

Source: U.S. Census Bureau ACS

What are homes worth in New Port Richey?

Zillow home value

$292,045

Zillow rent index

$1,800/mo

Price-to-rent ratio

13.5x

Price-to-income

6.3x

Source: Zillow Research

What is it like to live in New Port Richey?

New Port Richey is a community of approximately 17K residents with a median age of 53.5 years.The median household income is $46,160, which represents a working-class community with solid middle-income opportunities. 15.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 57.5%, showing a blend of owner and renter-occupied properties. The average commute time is 27.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Port Richey offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve New Port Richey?

29 schools tracked · 17,152 students

The largest public schools serving New Port Richey, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

RIVER RIDGE HIGH SCHOOL

Grades 9-12 · 1,814 students

Public

GULF HIGH SCHOOL

Grades 9-12 · 1,532 students

Public

RIVER RIDGE MIDDLE SCHOOL

Grades 6-8 · 1,066 students

Public

ODESSA ELEMENTARY SCHOOL

Grades PK-5 · 1,046 students

Public

DAYSPRING ACADEMY

Grades K-12 · 943 students

Charter

GULF MIDDLE SCHOOL

Grades 6-8 · 858 students

Public

RICHEY ELEMENTARY SCHOOL

Grades PK-5 · 767 students

Public

WENDELL KRINN TECHNICAL HIGH SCHOOL

Grades 9-12 · 711 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near New Port Richey, FL?

Want a head-to-head view? Compare New Port Richey side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in New Port Richey?

Is New Port Richey a good real estate investment market?

For investors evaluating New Port Richey, the price-to-rent ratio of 13.5x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 10.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on New Port Richey's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using New Port Richey's median home price.

Frequently asked questions

What is the average home price in New Port Richey?

The median home sale price in New Port Richey is $176,800, down 10.3% from last year.

How long do homes stay on market in New Port Richey?

Homes typically spend 29 days on market before going under contract.

What is the median income in New Port Richey?

The median household income is $46,160 per year.

Is New Port Richey a buyer's or seller's market?

With 5.5 months of supply, New Port Richey is currently a buyer's market.

How many homes are for sale in New Port Richey?

There are currently 126 homes listed for sale in New Port Richey, FL.

What is the Zillow home value estimate for New Port Richey?

The Zillow Home Value Index (ZHVI) for New Port Richey is $292,045, representing the typical home value in the area.

What is the median condo price in New Port Richey?

The median condo/co-op sale price in New Port Richey, FL is $87,250, compared to $249,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in New Port Richey?

The median single-family home price in New Port Richey, FL is $249,000 (about $194 per square foot).

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