
6981 Edgewater Dr
New Port Richey, FL 34652
FLORIDA LUXURY REALTY INC
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Compass Real Estate · New Port Richey, FL
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Housing market overview · Updated monthly ·
$176,800median sale price
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.)
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
| Metric | Value |
|---|---|
| Median sale price | $176,800 |
| Median list price | $284,450 |
| Year-over-year price change | -10.3% |
| Average days on market | 29 days |
| Active inventory | 126 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 94.8% |
| Median price per sq ft | $178/sq ft |
| Homes sold (latest month) | 23 |
| New listings (latest month) | 40 |
| Listings with a price cut | 42.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How the New Port Richey, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $249,000 | $194/sq ft | 14 | 27 days |
| Condo / Co-op | $87,250 | $111/sq ft | 6 | 263 days |
| Townhouse | $155,000 | $86/sq ft | 1 | — |
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.
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.

New Port Richey, FL 34652
FLORIDA LUXURY REALTY INC

New Port Richey, FL 34654
BHHS FLORIDA PROPERTIES GROUP

New Port Richey, FL 34654
FLORIDA FAMILY R E SER INC

New Port Richey, FL 34655
CHARLES RUTENBERG REALTY INC

New Port Richey, FL 34653
HOMEFRONT REALTY

New Port Richey, FL 34654
RE/MAX CHAMPIONS

New Port Richey, FL 34652
JULIAO REAL ESTATE, LLC

New Port Richey, FL 34655

New Port Richey, FL 34655

New Port Richey, FL 34655

New Port Richey, FL 34655

New Port Richey, FL 34655
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Active listings
126
Homes on market
Median list price
$284K
Avg. days on market
29
Days until sale
New this week
40
Newly listed
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
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
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.
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
GULF HIGH SCHOOL
Grades 9-12 · 1,532 students
RIVER RIDGE MIDDLE SCHOOL
Grades 6-8 · 1,066 students
ODESSA ELEMENTARY SCHOOL
Grades PK-5 · 1,046 students
DAYSPRING ACADEMY
Grades K-12 · 943 students
GULF MIDDLE SCHOOL
Grades 6-8 · 858 students
RICHEY ELEMENTARY SCHOOL
Grades PK-5 · 767 students
WENDELL KRINN TECHNICAL HIGH SCHOOL
Grades 9-12 · 711 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare New Port Richey side-by-side with any other U.S. city using our market-comparison tool.
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.
The median home sale price in New Port Richey is $176,800, down 10.3% from last year.
Homes typically spend 29 days on market before going under contract.
The median household income is $46,160 per year.
With 5.5 months of supply, New Port Richey is currently a buyer's market.
There are currently 126 homes listed for sale in New Port Richey, FL.
The Zillow Home Value Index (ZHVI) for New Port Richey is $292,045, representing the typical home value in the area.
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.
The median single-family home price in New Port Richey, FL is $249,000 (about $194 per square foot).
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