New Listing
9
$50,000
6981 Edgewater Dr
New Port Richey, FL 34652
Land3,485 sqft lot
FLORIDA LUXURY REALTY INC
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Compass Real Estate · New Port Richey, FL
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New Port Richey, FL(512) 555-0184TX License #0512847
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New Port Richey, FL Housing Market
Buyer's market-1.7% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The typical home in New Port Richey, FL is worth $290,911, fell 1.7% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $176,800, -10.3% year over year (through May 2026). With 5.5 months of supply and homes going under contract in about 29 days, New Port Richey is a buyer's market. At today's 6.66% 30-year fixed rate, 20% down on a $290,911 home is about $1,496/mo in principal and interest.
Key numbers for New Port Richey, FL
Typical home value
$290,911
-1.7% in 12 months
Zillow, July 2026
Typical asking rent
$1,787/mo
Zillow Observed Rent Index
Zillow, July 2026
Median sale price
$176,800
-10.3% year over year
Redfin, through May 2026
Days on market
29
Average pace
Redfin, through May 2026
Active listings
126
5.5 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$46,160
Home costs 6.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.8%
Selling below asking
Redfin, through May 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is New Port Richey a buyer's or seller's market?
Buyer's market5.5 months of supply29 days on market94.8% of asking
New Port Richey, FL is a buyer's market, based on 5.5 months of supply and homes selling in about 29 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the New Port Richey housing market data show?
Every row below is Redfin's final published month for New Port Richey, FL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $176,800 |
| Median list price | $284,450 |
| Year-over-year price change | -10.3% |
| Median price per sq ft | $178/sq ft |
| Median days on market | 29 days |
| Active inventory | 126 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 94.8% |
| Homes sold (that month) | 23 |
| New listings (that month) | 40 |
| Listings with a price cut | 42.1% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for New Port Richey is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in New Port Richey is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have New Port Richey home prices moved?
Over the last three years the median sale price in New Port Richey, FL fell 32.0%, from $260,000 to $176,800. The live Zillow value series has fell 1.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 42.1% of New Port Richey listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.5 months while the sale-to-list ratio slips below its current 94.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in New Port Richey?
Priced off the typical home value of $290,911 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $58,182 | $232,728 | $1,496/mo |
| 5% | $14,546 | $276,365 | $1,776/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,496, that implies roughly $64,096 a year before you add taxes and insurance. The median household in New Port Richey earns $46,160, about $17,936 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.3x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in New Port Richey in the next 12 months?
Tell us your timeline. We send the New Port Richey market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in New Port Richey?
Typical asking rent in New Port Richey, FL is $1,787/mo, against a typical home value of $290,911. That is a price-to-rent ratio of 13.6x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,496 a month — $291 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, July 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in New Port Richey?
Active listings in New Port Richey, FL went from 163 in May 2025 to 126 in May 2026, a -22.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 164 | 44 |
| July 2025 | 147 | 31 |
| August 2025 | 143 | 36 |
| September 2025 | 142 | 35 |
| October 2025 | 141 | 38 |
| November 2025 | 144 | 29 |
| December 2025 | 128 | 25 |
| January 2026 | 128 | 37 |
| February 2026 | 126 | 33 |
| March 2026 | 124 | 43 |
| April 2026 | 121 | 39 |
| May 2026 | 126 | 40 |
Redfin, through May 2026
How does New Port Richey compare to Florida and the U.S.?
New Port Richey homes sell for $176,800 — 58% below the Florida median of $421,500. Against the national median of $410,700, New Port Richey runs 57% lower. Year-over-year, New Port Richey moved -10.3% against Florida's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| New Port Richey, FL | $176,800 | -10.3% | 29 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in New Port Richey
What buyers should watch
- Months of supply, currently 5.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 42.1%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $280 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $290,911 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median New Port Richey listing goes under contract in 29 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month New Port Richey added 40 new listings against 23 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -1.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside New Port Richey varies more than the citywide median suggests — check the ZIP pages below before you set a number.
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.
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
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
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
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
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
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
New Build
18
$326,290
6686 Latitude Bnd
New Port Richey, FL 34655
2 bd2 ba1,683 sqft$194/ft²
House
View photos & details
New Build
17
$330,090
8347 Driveable Way
New Port Richey, FL 34655
2 bd2 ba1,783 sqft$185/ft²
House
View photos & details
New Build
21
$425,650
6687 Latitude Bnd
New Port Richey, FL 34655
3 bd2 ba2,350 sqft$181/ft²
House
View photos & details
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
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%
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. Redfin, through May 2026
| 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 | not published |
Who lives in New Port Richey?
American Community Survey estimates for New Port Richey. U.S. Census ACS, 2023
Population
17,057
Households
8,056
Median income
$46,160/yr
Median age
53.5 years
Owner-occupied
57.5%
Median home value
$164,600
Median gross rent
$1,154/mo
Mean commute
27.6 min
57.5% of occupied homes in New Port Richey are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $164,600 against Zillow's $290,911 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,154/mo, below Zillow's $1,787/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
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
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.
Which cities are near New Port Richey, FL?
Ordered by distance from New Port Richey, not by size. Compare New Port Richey side by side with any of them.
Which ZIP codes are in New Port Richey?
These are the ZIP codes we see on active New Port Richey listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
New Port Richey housing market FAQ
Is New Port Richey a buyer's or seller's market?
New Port Richey, FL is currently a buyer's market. That read comes from 5.5 months of supply, homes going under contract in about 29 days, and sellers getting 94.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in New Port Richey?
The typical home in New Port Richey, FL is worth $290,911 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $176,800, about $178 per square foot.
Is New Port Richey cheaper than the rest of Florida?
New Port Richey's median sale price of $176,800 is 58% lower than the Florida statewide median of $421,500, and 57% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in New Port Richey?
Homes in New Port Richey, FL spent a median of 29 days on market before going under contract, versus 66 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in New Port Richey?
At the current 30-year fixed rate of 6.66%, 20% down on a $290,911 home is about $1,496 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $64,096 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $46,160.
Are home prices rising in New Port Richey?
The typical home value in New Port Richey, FL fell 1.7% over the last 12 months, from $295,816 to $290,911 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in New Port Richey?
New Port Richey ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in New Port Richey?
That depends on your timeline, not on a headline. What the data says today: New Port Richey, FL is a buyer's market with 5.5 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 13.6x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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