Is Central Pasco, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Central Pasco is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Central Pasco has remained a Seller's Market.

Key Takeaway

Central Pasco is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Central Pasco, FL

How much do homes in Central Pasco, FL cost?

Median Sold Price

$414,309

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,687(+1.4%)

Key Takeaway

Homes in Central Pasco have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Central Pasco was $414,309 in November 2024, up 1.4% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $110K$198K
+80.0%
2 $310K$300K
-3.2%
3 $359.1K$351.8K
-2.0%
4 $479.8K$489.6K
+2.0%
5+ $639.9K$579.7K
-9.4%

Summary: Central Pasco housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 9.4%.

Median Sold Price Compared To Nearby Cities

Wesley Chapel
+5.0%
San Antonio
+4.5%
Dade City
+4.1%
Central Pasco
+1.4%

Housing Supply in Central Pasco, FL

How many homes are available in Central Pasco, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,5711,525-2.9%

Summary: The Central Pasco real estate market had 1,525 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 46
+50.0%
2 146155
+6.2%
3 685647
-5.5%
4 494464
-6.1%
5+ 242253
+4.5%

Summary: The Central Pasco housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
264275+4.2%

Asking Price vs. Sold Price

145 Homes Were Sold
Under Asking

108 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Central Pasco, you may be able to get a good deal. 52.7% of homes here sold below asking price last month.

Summary: A total of 275 homes were sold or pending in Central Pasco in November 2024, up by 4.2% month-over-month. Of the 275 sold homes, 53% were sold under asking, 39% were sold at asking, and 8% were sold over asking.

Days on Market for Central Pasco, FL

How long does it take to sell a home in Central Pasco, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days47 Days+37.8%

Summary: Homes in Central Pasco had an average of 47 days on market in Nov 2024, up by 37.8% compared to last year.

Breakdown of Home Sale Times

136 Homes Were Sold
Under 30 Days

91 Homes Were Sold
In 30 - 90 Days

47 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Central Pasco are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 275 homes were sold in Central Pasco; 49% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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