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 neutral's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Central Pasco is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Central Pasco, FL

How much do homes in Central Pasco, FL cost?

Median Sold Price

$418,099

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$8,837(+2.2%)

Key Takeaway

Homes in Central Pasco have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Central Pasco was $418,099 in September 2024, up 2.2% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $47.5K$198K
+316.8%
2 $306.3K$307.4K
0.4%
3 $359.9K$354.9K
-1.4%
4 $479.9K$493.1K
+2.7%
5+ $642K$600K
-6.5%

Summary: Central Pasco housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 316.8%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Cities

San Antonio
+5.5%
Wesley Chapel
+5.5%
Central Pasco
+2.2%
Dade City
+2.1%

Housing Supply in Central Pasco, FL

How many homes are available in Central Pasco, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1,8011,623-9.9%

Summary: The Central Pasco real estate market had 1,623 homes for sale in September 2024, a 9.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 45
+25.0%
2 174150
-13.8%
3 759679
-10.5%
4 563516
-8.3%
5+ 301273
-9.3%

Summary: The Central Pasco housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 9.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
405263-35.1%

Asking Price vs. Sold Price

123 Homes Were Sold
Under Asking

116 Homes Were Sold
At Asking

24 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. 46.8% of homes here sold below asking price last month.

Summary: A total of 263 homes were sold or pending in Central Pasco in September 2024, down by 35.1% month-over-month. Of the 263 sold homes, 47% were sold under asking, 44% were sold at asking, and 9% 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

Sep 2023Sep 2024CHANGE
37 Days45 Days+23.2%

Summary: Homes in Central Pasco had an average of 45 days on market in Sep 2024, up by 23.2% compared to last year.

Breakdown of Home Sale Times

134 Homes Were Sold
Under 30 Days

94 Homes Were Sold
In 30 - 90 Days

35 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 September 2024, 263 homes were sold in Central Pasco; 51% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 13% 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 30 Days Ago

Newest Listings in Central Pasco, FL

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