$4,038 Closing Credit*
$340,000
1,572 SqFt
4 Beds
•2 Full Baths
Mariel Calderon, Listing Office: FUTURE HOME REALTY INC
Is Southeast New Port Richey, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Southeast New Port Richey was a Buyer's Market.
Key Takeaway
Southeast New Port Richey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southeast New Port Richey, FL
How much do homes in Southeast New Port Richey, FL cost?
Median Sold Price
$240,000
$181/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$47,500(+24.7%)
Key Takeaway
Homes in Southeast New Port Richey have sold for 24.7% more than they did a month ago.
Summary: The median home sold price in Southeast New Port Richey was $240,000 in October 2024, up 24.7% from last month, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $227.4K | +82.0% |
| 3 Bedrooms | $260K | - | N/A |
| 4 Bedrooms | - | $310K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Southeast New Port Richey housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 82%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Southeast New Port Richey | $192.5K | $240K | +24.7% |
| East Madison | $162.1K | $174.5K | +7.6% |
Housing Supply in Southeast New Port Richey, FL
How many homes are available in Southeast New Port Richey, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The Southeast New Port Richey real estate market had 29 homes for sale in October 2024, a 20.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 19 | 0.0% |
| 3 Bedrooms | 4 | 9 | +125.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Southeast New Port Richey housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 125%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast New Port Richey, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Southeast New Port Richey in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Southeast New Port Richey, FL
How long does it take to sell a home in Southeast New Port Richey, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 Days | 31 Days | -42.5% |
Summary: Homes in Southeast New Port Richey had an average of 31 days on market in Oct 2024, down by 42.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Southeast New Port Richey has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Southeast New Port Richey; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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