Housing in Lake Panasoffkee, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$210,000

Median List Price

$260,000

Price Per Sq Ft

$184

Days on Market

115

Active Inventory

22

Months of Supply

4.4

Balanced market

Zillow Home Value

$206,392

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 45.8%List Price 20.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

16.7%

Sale-to-List Ratio

98.5%

Buyer's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
16.7%
Listings with Price Drops
27.3%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

7

Pending Sales

6

Homes Sold 0.0%New Listings 30.0%Pending 40.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$184

Median List $/SF

$224

Sale $/SF 23.5%List $/SF 17.9%Mar 24Jan 26

Lake Panasoffkee vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lake Panasoffkee is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$133,300

Median Rent

$962

Total Housing Units

2,756

Vacancy Rate

22.0%

Owner Occupied

68.6%

Renter Occupied

31.4%

Median Property Tax

$637

per year

Monthly Cost (w/ Mortgage)

$528

Housing Types

Single Family
51.8%
Multi-Family
7.8%
Mobile Home
40.4%

The current median sale price in Lake Panasoffkee, FL is $210,000 according to Redfin data. Homes spend a median of 115 days on the market. 40.0% of homes sold above asking price. The market has 4.4 months of supply. The median price per square foot is $184. The median rent is $962 per month (Census ACS). About 68.6% of housing units are owner-occupied. The median year homes were built is 1980. There are 2,756 total housing units.