Port Richey, Florida
Port Richey is a very small, suburban city in Pasco County in the state of Florida. This community of less than 3,000 people is perfect for those who seek a place that is virtually devoid of all the hustle and bustle of a big city, even when you are not far away from such. It forms a part of the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area, a cosmopolitan and considerably varied region.
The establishment of this highly compact city is credited to Aaron M. Richey, who arrived from Missouri in the area close to the mouth of the Pithlachascotee River in 1883. In July 1884, he created a post office in his home. The municipality was incorporated as Port Richey in 1925. The original town name is older than that of New Port Richey, whose post office was established more than 30 years after that of Port Richey.
Covering less than three square miles, the City of Port Richey has somewhat unsurprisingly retained its small town flavor since its creation over 130 years ago. The population has remained small, growing from 1,931 in 1960 to 2,671. The city was estimated as having 2,761 residents as of 2015. Going by 2000 census data, the community appears to have higher number of older individuals, who are typically known to love living in small, safe and peaceful communities. The median age was calculated at 48 years. The cost of living in Port Richey is lower than the average for all cities in the United States.
The most popular communities in Port Richey include Embassy Hills, Regency Park, The Lakes and Jasmine Lakes. The city’s diverse areas appeal to different groups of people. For instance, The Lakes at Port Richey is a beautiful community that will appeal to families with its serene, scenic setting combined with amazing lake views, awesome beaches and good supply of recreational facilities.
With its location in the Tampa-St. Petersburg-Clearwater metropolitan area, Port Richey offers a great community to individuals and families who desire living in a serene location in the proximity of major cities, such as Tampa and St. Petersburg. It lies close to several major highways which should make commuting a lot easier. The area’s economy has experienced significant improvement in recent years with its business-friendly environment. The region has become an important hub for the financial industry’s information processing. A major shopping center in the city is Gulf View Square situated in its northern section.
The City of Port Richey has its own police and fire departments. It has a hospital located few minutes’ walk away from the fire department. The Pasco County Fire-Rescue Department takes care of ambulance service in the community.
Port Richey is certainly a great city for families in search of a very serene place to live. It boasts of numerous pet-friendly apartments, awesome lake views and many facilities that are certain to make living here comfortable and relaxing. The community lies in the proximity of major highways, which should make commute to neighboring big cities such as Tampa, St. Petersburg and Clearwater seamless.
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Currently Port Richey has 162 properties on the market for sale. The inventory was last updated 01/18/2021. Of these properties, 122 single family homes are for sale by their owners in Port Richey, and 10 condos are for sale by their owners in Port Richey. The average price of the single family homes for sale in Port Richey, is $281,103, the average condo price in Port Richey, is $244,994. The average price per square foot of the active inventory is $123. This is based the living area square footage.
Over the last year, there have been 13,092 of properties sold in Port Richey. Of these properties, 11,964 single family homes have sold by their owners in Port Richey, and 828 condos have sold by their owners in Port Richey. The average sales price of the single family homes sold in Port Richey, is $164,751. Single family homes have been selling for 82 per square foot of living area. The average sales price of the condos for sale in Port Richey, is $130,993. Condos have been selling for 81 per square foot of living area.
The most active subdivisions with listings for sale in Port Richey, are: Embassy Hills (14 For Sale), Regency Park (13 For Sale), The Lakes (9 For Sale), Jasmine Lakes (7 For Sale), West Port Sub (7 For Sale), Palm Terrace Gardens (6 For Sale), Harborpointe (5 For Sale), Gulf Highlands (5 For Sale), Marthas Vineyard (5 For Sale), Brown Acres (3 For Sale)
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Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 01/18/2021