Home Values

New Port Richey Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$123,100

  • 7.9% 1-year change
  • 3.4% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold

Buyers' Market
Sellers' Market

The median home value in New Port Richey is $123,100. New Port Richey home values have gone up 7.9% over the past year and Zillow predicts they will rise 3.4% within the next year. The median list price per square foot in New Port Richey is None.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in New Port Richey is 11.2%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of New Port Richey homeowners underwater on their mortgage is 21.9%, which is higher than Tampa Metro at 19.2%.

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Relative ZHVI
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New Port Richey Market Overview

Data through May 31, 2015
  • $123,100 ZHVI
  • 3.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $131,360 Median sale price
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New Port Richey Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 21.9% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 11.2% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Odessa $349,200
Westchase $284,200
Tarpon Springs $181,900
Name Median ZHVI
Palm Harbor $181,300
Land O Lakes $178,700
Shady Hills $126,500
Name Median ZHVI
Hudson $112,600
Port Richey $60,200
Holiday $57,600

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $85 Median sale price / sq ft
  • No data Listings with price cut
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New Port Richey Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,109 New Port Richey
    $1,283 Tampa Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $0.80 Rent list price / sq ft
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