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Featured local agent — Port Richey, FL
Sarah Mitchell
Compass Real Estate · Port Richey, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Port Richey, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$181,500median sale price
How is the Port Richey, FL housing market right now?
The median home sale price in Port Richey, FL is $181,500, down 27.4% year-over-year. Homes sell in an average of 91 days with 60 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 Port Richey a buyer's or seller's market?
Port Richey, FL is currently a buyer's market, based on 30.0 months of supply and homes selling in about 91 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
91
Average pace
Active listings
60
30.0 months supply
Sale-to-list
97.6%
Below asking
What does the Port Richey housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $181,500 |
| Median list price | $295,500 |
| Year-over-year price change | -27.4% |
| Average days on market | 91 days |
| Active inventory | 60 listings |
| Months of supply | 30.0 months |
| Sale-to-list price ratio | 97.6% |
| Median price per sq ft | $169/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 16 |
| Listings with a price cut | 33.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Port Richey by property type?
How the 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 | $311,500 | $207/sq ft | 8 | 106 days |
| Condo / Co-op | $181,500 | $169/sq ft | 2 | 91 days |
| Townhouse | $220,000 | $171/sq ft | 2 | 188 days |
Source: Redfin · Updated monthly
The Port Richey housing market is currently classified as a buyer's market with a median sale price of $181,500. Prices have fallen 27.4% compared to last year, with homes spending an average of 91 days on market, indicating 30.0 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 5.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Port Richey
There are currently 60 homes listed for sale in Port Richey, Florida. The median listing price is $296K.
Active listings
60
Homes on market
Median list price
$296K
Avg. days on market
91
Days until sale
New this week
16
Newly listed
Who lives in Port Richey?
Population
3,229
Median income
$45,435/yr
Median age
49.4 years
Owner-occupied
60.4%
College grads
29.9%
Avg commute
28.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Port Richey?
Zillow home value
$229,394
Zillow rent index
$1,708/mo
Price-to-rent ratio
11.2x
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Port Richey?
Port Richey is a community of approximately 3K residents with a median age of 49.4 years.The median household income is $45,435, which represents a working-class community with solid middle-income opportunities. 29.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 60.4%, showing a blend of owner and renter-occupied properties. The average commute time is 28.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Port Richey offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Port Richey?
5 schools tracked · 2,955 students
The largest public schools serving 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.
GULF HIGHLANDS ELEMENTARY SCHOOL
Grades PK-5 · 742 students
FOX HOLLOW ELEMENTARY SCHOOL
Grades PK-5 · 683 students
CHASCO ELEMENTARY SCHOOL
Grades PK-5 · 636 students
CHASCO MIDDLE SCHOOL
Grades 6-8 · 632 students
DAYSPRING JAZZ
Grades K-5 · 262 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 Port Richey, FL?
Want a head-to-head view? Compare Port Richey side-by-side with any other U.S. city using our market-comparison tool.
Is Port Richey a good real estate investment market?
For investors evaluating Port Richey, the price-to-rent ratio of 11.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 27.4% 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 Port Richey's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Port Richey's median home price.
Frequently asked questions
What is the average home price in Port Richey?
The median home sale price in Port Richey is $181,500, down 27.4% from last year.
How long do homes stay on market in Port Richey?
Homes typically spend 91 days on market before going under contract.
What is the median income in Port Richey?
The median household income is $45,435 per year.
Is Port Richey a buyer's or seller's market?
With 30.0 months of supply, Port Richey is currently a buyer's market.
What is the Zillow home value estimate for Port Richey?
The Zillow Home Value Index (ZHVI) for Port Richey is $229,394, representing the typical home value in the area.
What is the median condo price in Port Richey?
The median condo/co-op sale price in Port Richey, FL is $181,500, compared to $311,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Port Richey?
The median single-family home price in Port Richey, FL is $311,500 (about $207 per square foot).
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