Homes for sale · New Port Richey, FloridaEast Madison
Affordable Pasco living close to Tampa's edge
13
Homes for sale
$184,000
Median list price
$182
Avg price / sqft
47
Median days on market
East Madison sits in the heart of New Port Richey's established west-Pasco grid, a workaday neighborhood of single-story homes where prices stay grounded and the Gulf Coast is an easy drive away. It's the kind of place that suits first-time buyers, downsizers and investors who want a modest footprint without paying coastal-town premiums, with pockets like Flor-a-mar and Beacon Woods Village shaping the surrounding character.
For buyers today the math is friendly: 13 active listings with a median list price of $184,000 and a range that starts near $115,000, so there's genuine entry-level room here. Homes sell in about 47 days and sellers are getting 94% of asking on average, which means there's space to negotiate but not a fire sale. If you're comparing options across the wider market, it's worth looking at the full slate of New Port Richey homes for sale alongside this neighborhood.
East Madison is a community in New Port Richey, Florida.
Quick facts
$115,000 – $445K price range
1,193 sqft median home
$361/mo median HOA
$1,550/mo median rent
39 sold in 12 months
Drive times
Living in East Madison
East Madison is an established residential neighborhood within New Port Richey, sitting in the west-Pasco stretch of the Tampa Bay region. It's a practical, unpretentious place built mostly of modest single-story homes, where the appeal is affordability and location rather than resort-style amenities. The Gulf Coast is close, and the wider New Port Richey area offers the services, shops and waterfront access that define this part of Pasco County.
The neighborhood suits a broad mix of buyers. First-time owners find genuine entry points here, downsizers appreciate the compact, manageable homes, and investors are drawn by rental demand in a metro-adjacent location. With a median home size of around 1,193 square feet, these are homes you can actually afford to own and maintain.
Day to day, life here leans toward the quiet and residential. You trade the energy of a trendy downtown for lower costs and an easy drive to the beaches, the Pithlachascotee River corridor and the broader New Port Richey community. For buyers who value value and position over polish, that's a fair bargain.
Neighborhoods and communities in East Madison
East Madison sits among several recognizable west-Pasco communities, each with its own character. Flor-a-mar is known for its canal-fronting layout and water access, which is reflected in the waterfront listings that occasionally surface in this market. These canal homes are among the more sought-after options nearby for buyers who want a boat-friendly lifestyle at an accessible price.
Beacon Woods Village and Heritage Lake represent the more established, planned-community side of the area, offering the kind of settled streetscapes and community structure that appeal to buyers wanting predictability. Moon Lake Estates extends the options further out with a more rural, spread-out feel for those who want a little more room.
Southeast New Port Richey rounds out the surrounding fabric, tying East Madison into the broader residential grid of the city. Because HOA structures vary so widely across these communities — from none at all to monthly fees — it's worth comparing them carefully. The right fit depends on whether you prioritize water access, community amenities or simply the lowest carrying cost.
Homes for sale in East Madison: prices and housing
The numbers here tell a clear affordability story. There are 13 active listings with a median list price of $184,000, ranging from about $115,000 at the entry end up to $445,000 for the top of the market. Prices average roughly $182 per square foot, and with a median home size near 1,193 square feet, these are compact, efficient properties rather than sprawling estates.
Over the last 12 months, 39 homes sold at a median price of $175,000, with sellers receiving about 94% of their asking price on average. Homes take a median of 47 days to sell, which signals a balanced, unhurried market where buyers have room to negotiate rather than bid against a crowd. There are no active $1M+ listings and the inventory skews heavily toward attainable price points.
The housing mix is predominantly existing single-family homes, with just one new-construction listing currently available and two waterfront options on the market. On carrying costs, the median HOA is about $361 per month — though many homes carry little or no HOA — and median property tax runs around $2,329 per year. Rents sit near $1,550 per month, which helps explain the neighborhood's appeal to investors.
Schools in East Madison
Homes in East Madison are served by Pasco County Schools, and the most commonly assigned campuses include James M. Marlowe Elementary School and Cotee River Elementary School at the elementary level. For middle and high school, students are typically zoned to Gulf Middle School and Gulf High School, with Moore-Mickens Education Center also serving the area.
School attendance zones in Florida are drawn by address and can be adjusted from year to year. Before making an offer, confirm the exact assignment for any specific home directly with the Pasco County school district rather than relying on a general neighborhood guideline.
If schools are a priority in your search, it's worth verifying boundaries early, since even nearby homes can fall into different zones. The district's official zone-lookup tool is the most reliable source for current assignments.
Getting around East Madison
East Madison's position in west Pasco makes it a realistic base for commuters willing to drive. Tampa International Airport is roughly 44 minutes away, and Downtown Tampa sits at about 53 minutes, putting the core of the metro within comfortable reach for work or travel.
The main arteries for getting south and east are US-19, the north-south spine of the Gulf Coast corridor, and the Suncoast Parkway (Veterans Expressway), which offers a faster toll route toward Tampa. Local roads connect the neighborhood into the broader New Port Richey street grid and its shops and services.
As with most of this region, a car is essential for daily life — this is a suburban neighborhood rather than a walkable downtown. The upside is that lower housing costs here can offset the longer drive times for buyers priced out of closer-in Tampa Bay communities.
Is East Madison a good place to live?
East Madison earns its place for buyers who prioritize affordability and location over amenities and newness. With a median list price of $184,000, compact homes averaging about 1,193 square feet, and a steady market where sellers net around 94% of asking, it's an honest value play in the Tampa Bay region. First-time buyers, downsizers and investors are the natural fit.
The trade-offs are real and worth naming. This is an older, established neighborhood with very little new construction — just one new-build in the current inventory — and the compact home sizes won't suit everyone. Commutes to Tampa run 44 to 53 minutes, so it rewards buyers who value cost savings over proximity, and you'll want a car for daily life.
If those trade-offs align with your priorities, East Madison delivers a lot for the money. Compare it against the broader slate of New Port Richey homes for sale to confirm it's the right fit, pay close attention to HOA and tax figures on individual homes, and verify school zones before you commit. For the right buyer, it's a sensible, grounded choice in a region that's often more expensive.
On the market now
Homes for sale in East Madison
View all 13 →
$249,900
5708 CONGRESS STREET, NEW PORT RICHEY
3 bd · 2 ba · 1,248 sqft
$176,000
6634 HICKORYWOOD LN UNIT 4A, NEW PORT RICHEY
2 bd · 2 ba · 1,024 sqft
$169,000
6632 HICKORYWOOD LN UNIT 4B, NEW PORT RICHEY
2 bd · 2 ba · 1,024 sqft
$329,000$349,000
6104 POLK STREET, NEW PORT RICHEY
4 bd · 2 ba · 1,560 sqft
$445,000
6030 OAK RIDGE AVENUE, NEW PORT RICHEY
3 bd · 2 ba · 1,460 sqft
$115,000$124,999
6709 DEVONSHIRE LN UNIT 10A, NEW PORT RICHEY
1 bd · 1 ba · 672 sqft
$135,000$140,000
6206 WILDS DRIVE UNIT 5A, NEW PORT RICHEY
2 bd · 2 ba · 1,024 sqft
$279,900$289,900
6155 ILLINOIS AVENUE, NEW PORT RICHEY
3 bd · 2 ba · 1,193 sqft
$119,990$124,990
6225 ELMHURST DRIVE, NEW PORT RICHEY
1 bd · 1 ba · 672 sqft
$295,000$304,999
6400 MONTANA AVENUE, NEW PORT RICHEY
3 bd · 2 ba · 1,315 sqft
$210,000$214,500
6648 TIMBERCOVE LANE UNIT 6648, NEW PORT RICHEY
2 bd · 2.5 ba · 1,796 sqft
$184,000$189,000
6016 WILDS DR, NEW PORT RICHEY
2 bd · 2.5 ba · 1,796 sqft
Every active listing inside the East Madison boundary
Open full map search →Find your fit
Browse East Madison
By feature — on the live map
Where the market lives
The numbers that matter
The East Madison market
39
Sold, last 12 months
$175,000
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
67 days
Median time to sell
East Madison vs New Port Richey
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 15.3% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the East Madison boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools East Madison is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median East Madison home
≈ $1,734/mo
$184,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$361/mo
Median HOA
From current listings inside the boundary
$1,550/mo
Median rent
Homes for rent inside the boundary
Population
2,871
Median age
53
Median income
$47,467
Median home value
$106,978
Beyond the listings
Living in East Madison
Relationships
Top 8% 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.
Food & Drink
Top 9% in the U.S.Whiskey Business
Characterized by their appreciation for all things whiskey, this population enjoys the classy atmosphere of whiskey drinking and learning about different brands.
Lifestyles
Top 9% in the U.S.Nerd Culture
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
Relationships
Top 10% in the U.S.Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Food & Drink
Top 11% in the U.S.Hops & Brews
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Beliefs
Top 12% in the U.S.Politically Engaged
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
Straight answers
East Madison FAQs
Is East Madison a good place to live?+
It suits buyers who want an affordable, low-key New Port Richey neighborhood with easy access to the Gulf Coast and the Tampa metro. The housing stock is mostly compact single-family homes, and nearby communities like Beacon Woods Village add established, quieter options. It's practical rather than flashy, which is exactly its appeal.
Is East Madison expensive?+
No — it's one of the more affordable parts of west Pasco. The median list price is $184,000 and active homes range from about $115,000 up to $445,000, so there's genuine entry-level room. Compared with coastal Tampa Bay pricing, your dollar goes considerably further here.
What do homes cost in East Madison?+
The median list price is $184,000, with homes selling at a median of $175,000 over the last 12 months. Prices work out to roughly $182 per square foot on a median home size of about 1,193 square feet. The active range spans $115,000 to $445,000, giving buyers options across several budgets.
How is the market right now?+
There are 13 active listings and 39 homes sold in the past year, so it's a steady, smaller market. Homes take a median of 47 days to sell and sellers are getting 94% of asking on average. That combination points to a balanced market where patient buyers can negotiate.
What about HOA fees and property taxes?+
The median HOA runs about $361 per month, though that varies widely by community and some homes carry no HOA at all. Median property tax is around $2,329 per year. Always confirm the specific HOA and tax figures for any individual home, since they differ across the neighborhood's subdivisions.
What schools serve East Madison?+
Homes here are commonly assigned to James M. Marlowe Elementary School or Cotee River Elementary School, Gulf Middle School, and Gulf High School, with Moore-Mickens Education Center also serving the area. School zones can change, so verify the exact assignment for any address directly with Pasco County Schools before you buy.
How long is the commute to Tampa?+
Tampa International Airport is about a 44-minute drive, and Downtown Tampa is roughly 53 minutes. That makes East Madison realistic for commuters willing to trade a longer drive for lower housing costs. US-19 and the Suncoast Parkway are the main routes toward the metro.
Is there new construction in East Madison?+
New construction is limited here — currently just one new-construction home among the active listings. This is largely an established neighborhood of existing homes, so most buyers will be shopping resale. If a brand-new build is a priority, you'll want to cast a wider net across the broader New Port Richey market.
Keep exploring
More New 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.
Never miss a listing
New East Madison homes, in your inbox
A daily digest of new New Port Richey listings — straight from the MLS. Unsubscribe anytime.