New Port Richey Real Estate Florida
New Port Richey is a wonderful place to live. Located in Pinellas county, it is exploding with development and now is the time to get New Port Richey real estate at a relatively good price.
It has easy access to Tampa Bay and the Gulf of Mexico, and many new restaurants and shopping areas to come.
If this is your first visit you might want to check out the links below:
- Searching for NEW homes or selected communities
- Pre-construction Condos in the area. Selling a property
- Investment Properties / Commercial Properties
- Search HOMES by City in the Tampa Bay Area
If this is not your first visit, then you may be looking for more information about:
- Schools in the area / Demographics / Beach / Golf Courses
- WHY New Port Richey? / Why me as your New Port Richey Realtor?
- Useful phone numbers / New Port Richey Area Info: arts, entertainment, etc.
Forecast for New Port Richey, FL
1. Senior Sun Seekers
Escaping from cold winter climates, many Senior Sun Seekers have relocated permanently to warmer regions, and others are snowbirds that move south only for the winter.
Most are retired or anticipate retirement. The median age of the population in this market is 51.5 years, but over 60 percent of the householders are 55 years or older.
The areas favored by the seniors are growth markets, especially in Florida, with available seasonal housing.
Most of the housing is either single-family or mobile homes, with a median home value of $91,500.
2. Heartland Communities
Heartland Communities are preferred by over 6.5 million people. The towns are small, located throughout the Midwest and the South.
Over 75 percent of the homes are single-family dwellings with median home value of $70,900. The population and the homes are older, most built before 1960.
The median age of the population is 41.1 years; the median age of the homes, 46 years.
3. Silver and Gold
These are the wealthiest seniors, predominantly retired from professional occupations, with a median age of 58 years. Their affluence has afforded relocation to sunnier climates.
More than half live in the South, mainly in Florida. California and Arizona are also popular. A quarter of the homes are located in the West.
Neighborhoods are exclusive, with median home value over $276,000 and a high share of seasonal housing.
Source: ESRI Business Information Solutions