Is it a good time to buy a house in Palm Terrace Gardens?
Palm Terrace Gardens, Port Richey, FL. A straight answer from licensed MLS data: what buyers actually paid in the last 6 months, how fast, at what share of asking — and how much is for sale today. Updated September 9, 2026.
Single-family homes · Palm Terrace Gardens
BALANCED
Over the last 6 months in Palm Terrace Gardens (Port Richey), buyers paid a median 100% of the original asking price and 25% of sellers cut price before finding their buyer; 8 are on the market today and 3 are already under contract. A balanced market: 3 months of inventory. Reasonable negotiation room on homes that have sat past the median 18 days.
8for sale now
3under contract
16sold · 6 mo
3months of inventory
18days to contract
$237,000median sold
$176per sq ft
100%of asking
100%of original ask
69% closed at or above the final list price · 25% cut price before selling · 44% went under contract within 14 days · median 100% of the original asking price
Questions buyers in Palm Terrace Gardens ask
Is now a good time to buy a house in Palm Terrace Gardens?
Over the last 6 months in Palm Terrace Gardens (Port Richey), buyers paid a median 100% of the original asking price and 25% of sellers cut price before finding their buyer; 8 are on the market today and 3 are already under contract. A balanced market: 3 months of inventory. Reasonable negotiation room on homes that have sat past the median 18 days.
How much under asking are buyers paying in Palm Terrace Gardens?
The median closed sale went for 100% of the original asking price (100% of the final list price after 25% of sellers cut); 69% still sold at or above the final list.
How much competition will I face in Palm Terrace Gardens?
The median house went under contract in 18 days and 44% were gone within two weeks; inventory stands at about 3 months.
What do houses cost in Palm Terrace Gardens?
The median closed price over the last 6 months was $237,000 (about 176 per square foot), across 16 sales.
How many houses are for sale in Palm Terrace Gardens right now?
As of September 9, 2026, 8 are for sale today and 3 are under contract.
What should I offer on a home in Palm Terrace Gardens?
That depends on the specific home — its condition, market time, and the closings around it. Ari Abdi pulls those numbers before you write the offer; send your details above.
Before you offer, I'll pull the actual closings around the home you're watching — what comparable buyers really paid, how long it sat, and how much leverage you have. No obligation, no pressure.