2025 Real Estate Market in Pasco County, FL — A Comprehensive Guide
· Median sold price in Pasco County was $355,000 in June 2025, representing a 1.4% year‑over‑year decline.
· Median listing price stood at approximately $364,900 in June 2025, up modestly over past months.
· Average home value (Zillow ZHVI) was around $337,426, down 5.3% from June 2024, with average ~33 days to pending.
· Total active listings reached about 5,348 homes in June 2025.
· Median days on market was 57 days in May 2025, an increase of ~13% year over year.
· Median listing to sale ratio was around 98.2%, meaning most homes sold within ~2% of the asking price.
· Approximately 63% of sales closed below list price, while 16% sold over asking.
· Median sold price: $410,648 in June 2025, down 2.7% year over year
· Inventory: 1,599 homes listed, a 2.9% decrease from May 2025
· Sales volume: 267 homes sold or pending, with 58% sold below ask, 31% at ask, and 11% above
· Average days on market: 60 days, up from 46 days in June 2024 (+30.3%)
· Median sold price: $243,000, down 0.8% year over year
· Active listings: 503 homes, down 4.2% from May
· Sales: 86 homes sold/pending; 58% under ask, 20% at ask, 22% over ask
· Average days on market: 55 days, up ~29.7% year over year
· Median sold price: $282,750, down 5.2% year over year
· Inventory: 1,291 homes for sale, up 1.9% month over month
· Sales: 185 homes sold/pending, down 5.6%; 63% sold below asking
· Average days on market: 60 days, up ~22% year over year
Home prices in Pasco County show minor year-over-year decline (−1% to −2%), with Zillow tracking a −5.3% average dip.
More homes are hitting the market, and rising days on market (57 avg) signal buyers are taking more time to decide.
Over 63% of homes sell below list price, a clear indicator that buyers have negotiation power.
Central Pasco is more stable, while Port Richey and New Port Richey are experiencing deeper discounts and slower sales.
· Take advantage of increased inventory and fewer bidding wars.
· Act fast on hot listings in Central Pasco or Wesley Chapel.
· Consider affordable options in Port Richey or New Port Richey.
· Price competitively right from the start.
· Stage your home to maximize showing potential.
· Focus on sub-market strengths like schools, amenities, and commute times.
|
Area |
Median Sold Price |
YoY Price Change |
Avg Days on Market |
% Below Asking |
|
Pasco County |
$355,000 |
–1.4% |
57 days |
63% |
|
Central Pasco |
$410,648 |
–2.7% |
60 days |
58% |
|
Port Richey |
$243,000 |
–0.8% |
55 days |
58% |
|
New Port Richey |
$282,750 |
–5.2% |
60 days |
63% |
· Prices: Expect continued 1%–3% decline in most areas
· Inventory: Likely to remain elevated through late 2025
· Speed of sales: Average home selling in 55–60 days
· Sellers: Must focus on presentation and competitive pricing
· Buyers: Will continue to benefit from choice and negotiating room
Pasco County is experiencing a balanced housing market in 2025, with slight price drops, rising inventory, and fewer bidding wars.
· Buyers: Have options and power—great time to shop smart.
· Sellers: Need to price it right and be ready for a longer sales process.
· Investors: Affordable sub-markets may present solid rental opportunities.
If you’re considering a move in or out of Pasco County, working with me, a local real estate professional, can help you navigate these trends confidently.
Penny Perry, PA
The PennTon Group
RE/MAX Champions
727-243-1380
[email protected]
PenntonGroup.com
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