Market Overview
Home Prices in New Port Richey, FL
The median home value in New Port Richey, FL is $290,296 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.3% compared to a year ago and down 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Port Richey are priced29% below average. New Port Richey is part of the Tampa-St. Petersburg-Clearwater, FL metro area.
Over the past five years, New Port Richey home values have risen by approximately23.2%, reflecting strong long-term appreciation in this market.
Price History
New Port Richey Home Price Trend
City Comparison
New Port Richey vs. National Median
At $290,296, homes in New Port Richey cost 29% below the national median of $410,000. This makes New Port Richey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Port Richey?
20% Down Payment
$58,059
on $290,296
Monthly P&I
$1,514/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,923/mo
incl. taxes & insurance
Income Needed
$76,920
gross annual (30% rule)
10% Down Option
$29,030
+ PMI applies
Loan Amount (20% dn)
$232,237
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in New Port Richey, FL?
The median home value in New Port Richey is $290,296 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.3% year-over-year.
How much have home prices changed in New Port Richey?
Over the past year, home values in New Port Richey have decreased by 2.3%. Over five years, prices have risen approximately 23.2%.
How much do I need to earn to buy a home in New Port Richey?
To comfortably afford the median home price of $290,296 with a 20% down payment ($58,059) at today's rates (6.8%), you'd need a gross annual income of approximately $76,920. This assumes keeping total housing costs at or below 30% of gross income.
How does New Port Richey compare to the national average home price?
The national median home value is approximately $410,000. At $290,296, homes in New Port Richey are 29% below the national average.
What metro area is New Port Richey part of?
New Port Richey is part of the Tampa-St. Petersburg-Clearwater, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.