Pasco Reporter

In October, the median sale price of a home in Pasco County fell by $11,750 from the same period in the previous year, while total sales decreased by 11.3%, according to BlockShopper.com.

There were 346 homes sold in October, with a median sale price of $300,000 — a 3.8% decrease from the $311,750 median sale price during the same period of the previous year. In comparison, 390 homes were sold in Pasco County in October 2023.

Based on the latest available data from 2020, the median sales tax in Pasco County was $1,917, which stands at 0.6% of October's median home sale price.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Pasco County from October 2023 to October 2024.