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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pasco County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pasco County was a Seller's Market.

Key Takeaway

Pasco County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pasco County, FL

How much do homes in Pasco County, FL cost?

Median Sold Price

$339,910

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,769(+3.6%)

Key Takeaway

Homes in Pasco County have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Pasco County was $339,910 in October 2024, up 3.6% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K$113.5K
-1.3%
2 $230K$238.1K
+3.5%
3 $329.9K$329.9K
0.0%
4 $444.2K$459.9K
+3.5%
5+ $599K$515.8K
-13.9%

Summary: Pasco County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 3.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 13.9%.

Median Sold Price Compared To Nearby Counties

Pinellas County
+5.6%
Pasco County
+3.6%
Hernando County
+3.1%
Hillsborough County
+3.1%
Sumter County
+1.9%

Housing Supply in Pasco County, FL

How many homes are available in Pasco County, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4,8764,632-5.0%

Summary: The Pasco County real estate market had 4,632 homes for sale in October 2024, a 5.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 7673
-3.9%
2 1,2621,230
-2.5%
3 1,9951,916
-4.0%
4 1,0821,003
-7.3%
5+ 461410
-11.1%

Summary: The Pasco County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.9%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
815660-19.0%

Asking Price vs. Sold Price

354 Homes Were Sold
Under Asking

221 Homes Were Sold
At Asking

85 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pasco County, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 660 homes were sold or pending in Pasco County in October 2024, down by 19.0% month-over-month. Of the 660 sold homes, 54% were sold under asking, 33% 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

Oct 2023Oct 2024CHANGE
29 Days56 Days+87.8%

Summary: Homes in Pasco County had an average of 56 days on market in Oct 2024, up by 87.8% compared to last year.

Breakdown of Home Sale Times

261 Homes Were Sold
Under 30 Days

254 Homes Were Sold
In 30 - 90 Days

145 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 660 homes were sold in Pasco County; 40% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 22% 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 20 Days Ago

Newest Listings in Pasco County, FL

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