Is New Port Richey, FL 34653 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

New Port Richey is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score33/ 100

More competitive than 30% of U.S. ZIP codes, and #126 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.3Under 4 months = seller’s market
Sold above original list12.9%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$185▼ −3.2% vs. last year

The New Port Richey housing market right now

In the three months ending August 31, 2026, 13% of homes in New Port Richey, FL 34653 sold above their list price, the typical home went under contract in 34 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 143 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold faster (40 days then) and the median sale price fell 7% to $247,393. Overall, New Port Richey is about as competitive as it was a year ago.

Within Pasco County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 67%. On our competition score, New Port Richey ranks #126 of 796 FL ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at San Antonio 33576 (4% sold over asking) or New Port Richey 34654 (5% sold over asking), while Holiday 34690 (28% sold over asking) and Zephyrhills 33540 (23% sold over asking) are even more competitive.

Nearby markets

Aripeka 34679 — /sq ftDade City 33523Seller’s market $205 /sq ftDade City 33525Balanced $185 /sq ftHoliday 34690Buyer’s market $205 /sq ft Browse all markets →

Where New Port Richey is

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Questions about New Port Richey real estate

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

A balanced market: there were 4.3 months of supply in New Port Richey, FL 34653 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in New Port Richey?

The typical home went under contract in 34 days in the latest three months.

Do homes in New Port Richey sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.

What are property taxes in New Port Richey?

About 0.73% of a home’s value a year in Pasco County, or roughly $2,920 on a $400,000 home.

What is the median home price in New Port Richey?

The median sale price was $247,393 in the three months ending August 31, 2026, about $185 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology