David Ramirez
Map of Palm Terrace Estates
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Neighborhood · Port Richey, Florida

Palm Terrace Estates

Compact Gulf-side living with quick-moving prices

4

Homes for sale

$249,900

Median list price

$231

Avg price / sqft

13

Median days on market

Search Palm Terrace Estates on the map

Palm Terrace Estates sits in the heart of Pasco County's Port Richey, a pocket of single-story homes just minutes from the neighboring communities of Timber Oaks, Regency Park, and Embassy Hills. It's a practical, unpretentious spot where homes are right-sized for first-time buyers, downsizers, and investors, and where Tampa is a reasonable commute at roughly 55 minutes to downtown and 47 minutes to the airport. If you want the wider picture, browse all Port Richey homes for sale or scan the neighborhood on the live map.

The market here moves fast and stays affordable. With just 4 active listings, a median list price of $249,900, and homes going under contract in about 13 days, well-priced properties don't linger. Sellers have been getting 102% of asking on average over the last year, so buyers should come ready to make a clean, decisive offer.

Palm Terrace Estates is a community in Port Richey, Florida.

Quick facts

$249,000$265K price range

1,084 sqft median home

11 sold in 12 months

Drive times

Tampa Int’l Airport (TPA)47 min
Downtown Tampa55 min

On the market now

Homes for sale in Palm Terrace Estates

Every active listing inside the Palm Terrace Estates boundary

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Find your fit

Browse Palm Terrace Estates

By feature — on the live map

The numbers that matter

The Palm Terrace Estates market

11

Sold, last 12 months

$250,000

Median sold price

102%

Sale-to-list ratio

What sellers actually get vs asking

19 days

Median time to sell

Palm Terrace Estates vs Port Richey

Median list price

Palm Terrace Estates$250K
Port Richey Co.$259K

Price per sqft

Palm Terrace Estates$231
Port Richey Co.$205

Days on market

Palm Terrace Estates13d
Port Richey Co.38d

Median sold price — 3-yr, 3-mo rolling

13.6% yr/yr

$190K$225K$260KAug ’23Apr ’26

Homes sold per month

023Sep ’23Apr ’26

Live Stellar MLS data — every listing and closed sale inside the Palm Terrace Estates boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Palm Terrace Estates is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Palm Terrace Estates home

$1,758/mo

Principal & interest $1,317
Property tax $231
Insurance (est.) $210

$249,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

Population

410

Median age

54

Median income

$33,833

Median home value

$130,000

Beyond the listings

Living in Palm Terrace Estates

Entertainment

Top 1% in the U.S.

Live & Local Music

This population follows the music. From local bands to current acts at the local venue, you can find these people researching band tours and how to get backstage passes.

Emotional

Top 1% in the U.S.

Gratitude

From generous tipping to standing ovations, this population has a way with giving someone a pat on the back.

Beliefs

Top 1% in the U.S.

Conservation

Good stewards of the earth, this population advocates for a cleaner environment and responsible use of resources. They often encourage others to recycle and use clean energy.

Beliefs

Top 1% in the U.S.

Mindfulness & Spirituality

Seeking peace and well-being through meditation, gratitude and spirituality.

Relationships

Top 2% in the U.S.

Girl Squad

From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.

Attitudes

Top 3% in the U.S.

Volunteering & Giving

Expressing a desire to give back and do good for the community, this behavior emphasizes charity. Common activities include volunteering, fundraisers, and donations.

Straight answers

Palm Terrace Estates FAQs

Is Palm Terrace Estates a good place to live?+

It's a straightforward residential neighborhood in Port Richey, surrounded by established communities like Timber Oaks and Regency Park. Homes are compact and single-story, and Tampa is about 55 minutes away, making it a practical choice for commuters, downsizers, and first-time buyers.

Is Palm Terrace Estates expensive?+

No — it's one of the more affordable pockets in the area, with a median list price of $249,900 and an average of $231 per square foot. Recent sales have closed around a $250,000 median, keeping it accessible for a wide range of buyers.

What do homes cost in Palm Terrace Estates?+

Active listings currently range from $249,000 to $265,000, with a median list price of $249,900 on homes averaging about 1,084 square feet. Over the last 12 months, 11 homes sold at a median price of $250,000.

How is the market right now?+

It's fast and competitive, with only 4 active listings and a median of 13 days on market. Sellers have averaged 102% of asking over the past year, so buyers should be prepared to act quickly — see current availability on the live map.

What about HOA fees and property taxes?+

Property taxes run a median of about $2,773 per year. HOA data isn't available for this neighborhood, which typically points to few or no mandatory association fees, though buyers should always confirm on a specific home.

Keep exploring

More Port Richey neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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