Is Pasco County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pasco County has remained a Seller's Market.
Housing Prices in Pasco County, FL
How much do homes in Pasco County, FL cost?
Median Sold Price
$331,067
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pasco County was $331,067 in May 2024, up 0.4% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $116K | $111K | -4.3% |
2 Bedrooms | $231.9K | $234.8K | +1.3% |
3 Bedrooms | $334.9K | $333.9K | -0.3% |
4 Bedrooms | $456.4K | $459K | +0.6% |
5+ Bedrooms | $614.1K | $551.2K | -10.2% |
Summary: Pasco County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 10.2%.
Median Sold Price Compared To Nearby Counties
Pinellas County | $386.2K | $409.5K | +6.0% |
Hillsborough County | $390.7K | $400.1K | +2.4% |
Hernando County | $315K | $319.9K | +1.6% |
Pasco County | $329.6K | $331K | 0.4% |
Sumter County | $359.9K | $355.9K | -1.1% |
Housing Supply in Pasco County, FL
How many homes are available in Pasco County, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5,423 | 5,398 | -0.5% |
Summary: The Pasco County real estate market had 5,398 homes for sale in May 2024, a 0.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 84 | 86 | +2.4% |
2 Bedrooms | 1,631 | 1,571 | -3.7% |
3 Bedrooms | 2,172 | 2,163 | -0.4% |
4 Bedrooms | 1,078 | 1,109 | +2.9% |
5+ Bedrooms | 458 | 469 | +2.4% |
Summary: The Pasco County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.4%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 2.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,075 | 1,185 | +10.2% |
Asking Price vs. Sold Price
594 Homes Were Sold
Under Asking
437 Homes Were Sold
At Asking
154 Homes Were Sold
Over Asking
Summary: A total of 1,185 homes were sold or pending in Pasco County in May 2024, up by 10.2% month-over-month. Of the 1,185 sold homes, 50% were sold under asking, 37% were sold at asking, and 13% were sold over asking.
Days on Market for Pasco County, FL
How long does it take to sell a home in Pasco County, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 44 Days | +13.4% |
Summary: Homes in Pasco County had an average of 44 days on market in May 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
640 Homes Were Sold
Under 30 Days
378 Homes Were Sold
In 30 - 90 Days
167 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1185 homes were sold in Pasco County; 54% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.