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 seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Central Pasco has remained a Seller's Market.

Key Takeaway

Central Pasco is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Central Pasco, FL cost?

Median Sold Price

$426,850

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$76,850(+22.0%)

Key Takeaway

Homes in Central Pasco have sold for 22% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $124K$50K
-59.7%
2 $241.9K$300K
+24.0%
3 $300.5K$376.1K
+25.1%
4 $399.9K$500K
+25.0%
5+ $520.3K$650.2K
+25.0%

Median Sold Price Compared To Nearby Cities

Dade City
+37.0%
San Antonio
+26.2%
Wesley Chapel
+22.8%
Central Pasco
+22.0%

How many homes are available in Central Pasco, FL?

Number of Homes For Sale

Nov 2022Dec 2022%
939867-7.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 1012
+20.0%
2 118103
-12.7%
3 416364
-12.5%
4 292291
-0.3%
5+ 10397
-5.8%

Number of Homes Sold

Nov 2022Dec 2022%
187185-1.1%

Asking Price vs. Sold Price

104 Homes Were Sold
Under Asking

57 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. 56.2% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
14 Days41 Days+184.3%

Breakdown of Home Sale Times

98 Homes Were Sold
Under 30 Days

63 Homes Were Sold
In 30 - 90 Days

24 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Central Pasco, FL

Central Pasco, FL has 867 homes for sale to choose from. The number of homes for sale in Central Pasco, FL decreased by 7.7% between November 2022 and December 2022. The median list price of listings available in December 2022 was $426,850, while the average time on the real estate market was 41 days. This housing market listing prices have changed between November 2022 and December 2022: 1 bedroom properties became 59.7% more cheaper, 2 bedrooms properties prices increased by 24%, the cost of 3 bedrooms properties went up by 25.1%, the cost of 4 bedrooms properties went up by 25%, the cost of 5 bedrooms properties went up by 25%. Housing inventory have changed in this real estate market: 1 bedroom homes became 20% more available, 2 bedrooms homes became 12.7% less available, number of 3 bedrooms homes decreased by 12.5%, 4 bedrooms homes inventory decreased by 0.3%, the quantity of 5 bedrooms homes went down by 5.8%. In December 2022 more than 24 listings in Central Pasco, FL were sold above the asking price. During the same period more than 57 listings were sold at asking price, while more than 104 were sold below.

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