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Homes for sale · New Port Richey, FloridaMillpond

Affordable Pasco living close to Tampa

13

Homes for sale

$175,000

Median list price

$174

Avg price / sqft

38

Median days on market

Search Millpond on the map

Millpond is a compact, easygoing pocket of New Port Richey where modest single-family homes and a manageable price tag draw first-time buyers, downsizers and investors alike. The streets feel settled rather than showy, and the location puts you within an easy reach of the Gulf coast lifestyle Pasco County is known for while nearby communities like Beacon Woods Village and Heritage Lake fill out the surrounding area.

For a buyer today, the numbers are approachable: the median list price sits at $175,000 with homes moving in about 38 days and sellers collecting roughly 95% of asking. Inventory is thin at 13 active listings, so the right home can go quickly, but the entry point stays well below much of the Tampa Bay region. If you want proximity to Tampa without Tampa pricing, Millpond and the waterfront-leaning streets near Flor-a-mar are worth a serious look.

Millpond is a community in New Port Richey, Florida.

Quick facts

$119,900 – $420K price range

1,025 sqft median home

$425/mo median HOA

43 sold in 12 months

Drive times

Tampa Int’l Airport (TPA)≈ 40 min
Downtown Tampa≈ 44 min

Living in Millpond

Millpond is a small, settled neighborhood within New Port Richey, a Gulf-side Pasco County community that has long drawn people looking for an unhurried Florida lifestyle at a reasonable cost. The homes here are modest in scale — the typical property is around 1,025 square feet — which gives the area a practical, lived-in character rather than a manicured master-plan feel. It's the kind of place where the appeal is simplicity: a manageable home, a short list of chores and quick access to the broader Tampa Bay region.

The neighborhood suits a range of buyers. First-time owners find one of the lower entry points in the area, downsizers appreciate the smaller footprints, and investors see steady demand backed by consistent sales activity. Because this is an established part of New Port Richey, you're buying into an area with history and infrastructure already in place rather than one still being built out.

What ties it together is location. New Port Richey sits on Florida's Nature Coast within commuting range of Tampa, so Millpond offers the trade a lot of buyers want: coastal Pasco living with the bigger-city job market, airport and amenities a reasonable drive away.

Neighborhoods and communities in Millpond

Millpond sits among several recognizable New Port Richey communities, each with its own flavor. Nearby Flor-a-mar is known for its canal and waterfront orientation, appealing to buyers drawn to the Gulf-access lifestyle. For those who prefer a larger, amenity-oriented community, Beacon Woods Village is a long-established neighborhood in the area.

To the east and north, Moon Lake Estates and Heritage Lake round out the picture with their own mix of homes and settings. Southeast New Port Richey also sits within this cluster, giving buyers several adjacent options to compare without straying far from the same general price band and commute.

Shopping across these communities lets you weigh what matters most — canal frontage, HOA amenities or simply the lowest price per square foot. Because the neighborhoods are close together, it's realistic to tour several in a single day and get a clear sense of which block fits your budget and lifestyle.

Homes for sale in Millpond: prices and housing

The market here is affordable by Tampa Bay standards. The median list price is $175,000, with active listings ranging from $119,900 to about $420,000, and the average price per square foot is roughly $174. Homes are compact, with a median size near 1,025 square feet, which is a big part of why the entry point stays low.

Activity is steady but inventory is tight. There are just 13 active listings at the moment, and the median time on market is 38 days. Over the past 12 months, 43 homes sold at a median price of $168,000, with sellers collecting about 95% of asking on average — a sign that well-priced homes attract real buyers and don't linger.

The housing stock is almost entirely resale, with no active new-construction listings currently on the market. Among active homes, the segments are modest: a couple of pool homes, a single waterfront listing and one gated option, with no golf-course or 55+ product and nothing above $1 million. Budget for carrying costs, too: the median HOA runs about $425 per month and median property tax is around $2,121 per year, so confirm what the HOA covers and verify the tax figure for any specific address.

Schools in Millpond

Homes in and around Millpond are most commonly assigned to Deer Park Elementary School, River Ridge Middle School and River Ridge High School, with Moore-Mickens Education Center also serving the area. These are the schools that appear most often for addresses in this part of New Port Richey.

School attendance boundaries in Pasco County can and do change from year to year, and a single neighborhood can be split across zones. Because of that, the assignment list above should be treated as a starting point rather than a guarantee for any particular street.

Before you commit to a home for its school zone, confirm the exact assignment for that specific address directly with the Pasco County school district. If schools are a priority, make that verification part of your due diligence alongside the inspection and financing steps.

Getting around Millpond

Millpond's main practical draw is its position relative to Tampa. Tampa International Airport is roughly a 40-minute drive, and downtown Tampa is about 44 minutes, which makes the neighborhood workable for commuters and frequent travelers who want to keep their housing costs down.

Like most of the area, getting around relies on a car. New Port Richey connects to the broader Tampa Bay region via its major coastal and east–west corridors, and day-to-day errands, shopping and the Gulf are all within a short drive.

If a predictable commute matters to you, time the drive during your actual rush hour before buying — traffic into Tampa varies by time of day, and the 40-to-44-minute figures reflect typical conditions rather than peak congestion.

Is Millpond a good place to live?

For the right buyer, Millpond delivers a clear value proposition: an affordable foothold in New Port Richey, with a $175,000 median list price and compact, easy-to-maintain homes, within commuting distance of Tampa. First-time buyers, downsizers and investors are the natural fit, and the steady sales — 43 closings in the past year at 95% of asking — show the market functions reliably.

The trade-offs are worth naming. Homes are small, there's no new construction currently available, and the median HOA of about $425 per month is meaningful on a home at this price point, so you'll want to understand exactly what it covers. Inventory is also thin at 13 active listings, which means patience and quick decisions when the right property appears.

If your priorities are affordability, a short Tampa commute and a settled neighborhood rather than a brand-new or amenity-heavy community, Millpond holds up well. Walk the surrounding communities, verify school zones and HOA details, and you'll have a grounded sense of whether this corner of New Port Richey fits your plans.

On the market now

Homes for sale in Millpond

View all 13 →

Every active listing inside the Millpond boundary

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Find your fit

Browse Millpond

Where the market lives

8
2
2
1
<$200K$200K–$300K$300K–$400K$400K–$500K

The numbers that matter

The Millpond market

43

Sold, last 12 months

$168,000

Median sold price

95%

Sale-to-list ratio

What sellers actually get vs asking

81 days

Median time to sell

Millpond vs New Port Richey

Median list price

Millpond$175K
New Port Richey Co.$280K

Price per sqft

Millpond$174
New Port Richey Co.$211

Days on market

Millpond38d
New Port Richey Co.66d

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

▲ 43.8% yr/yr

$147K$246K$345KNov ’23Oct ’26

Homes sold per month

035Nov ’24Oct ’26

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

For the school run

Schools Millpond is zoned for

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

What it really costs

Owning here

Owning the median Millpond home

≈ $1,734/mo

Principal & interest $922
Property tax $177
HOA / fees $425
Insurance (est.) $210

$175,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$425/mo

Median HOA

From current listings inside the boundary

Population

1,168

Median age

52

Median income

$56,581

Median home value

$229,700

Beyond the listings

Living in Millpond

Active

Top 1% in the U.S.

Functional Fitness

Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.

Appearance oriented

Top 1% in the U.S.

Fitness Fashion

Workout clothes aren't just for working out anymore. This population enjoys wearing name-brand athletic apparel for fashion and functional purposes.

Active

Top 1% in the U.S.

Fitness Obsession

Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.

Food & Drink

Top 1% in the U.S.

Fueling for Fitness

A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.

Emotional

Top 4% in the U.S.

Heartfelt Sharing

This population is characterized by vulnerability. Looking to unload emotional burdens, activities include confessions, apologies, and long-form posts.

Emotional

Top 4% in the U.S.

Happy Place

Expressing feelings of safety, comfort and happiness - especially with loved ones.

Straight answers

Millpond FAQs

Is Millpond a good place to live?+

Millpond suits buyers who want an affordable, low-key New Port Richey address with easy access to the Gulf coast and Tampa. The homes are compact and practical, and the surrounding area includes established communities like Moon Lake Estates. It's a strong fit for first-time buyers, downsizers and investors rather than those seeking large new-construction homes.

Is Millpond expensive?+

No — it's one of the more affordable corners of the New Port Richey market, with a median list price of $175,000 and active homes ranging from $119,900 to $420,000. The average price per square foot runs about $174. That keeps it well below much of the broader Tampa Bay region.

What do homes cost in Millpond?+

Current active listings carry a median list price of $175,000, and over the past 12 months 43 homes sold at a median of $168,000. Prices span from roughly $119,900 up to $420,000 depending on size and features. The typical home is around 1,025 square feet.

How is the market in Millpond right now?+

It's a tight, steady market with just 13 active listings and a median of 38 days on market. Sellers are averaging about 95% of their asking price, which points to realistic pricing and consistent buyer interest. With limited inventory, well-priced homes can move fast.

What are the HOA fees and property taxes like?+

The median HOA runs about $425 per month, which is on the higher side and worth confirming on any specific listing since it often reflects community amenities or maintenance. Median property tax is around $2,121 per year. Always verify both figures and what the HOA covers before writing an offer.

What schools serve Millpond?+

Homes in the area are commonly assigned to Deer Park Elementary School, River Ridge Middle School and River Ridge High School, with Moore-Mickens Education Center also serving the zone. School attendance boundaries change, so confirm the exact assignment for any address with the Pasco County school district before you buy.

What's the commute like from Millpond?+

You're positioned for a reasonable Tampa-area commute, with Tampa International Airport about 40 minutes away and downtown Tampa roughly 44 minutes. The drive leans on the region's major east–west and coastal corridors. It's manageable for regular commuters who want lower housing costs.

Is there new construction in Millpond?+

Not currently — there are no active new-construction listings here, so the market is made up of established, resale homes. Buyers wanting brand-new builds would need to look at other parts of New Port Richey or nearby Pasco communities. The upside is that resale pricing keeps the entry point low.

Keep exploring

More New Port Richey neighborhoods

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