Lake Panasoffkee, FL City Guide | About Living in Lake Panasoffkee

Lake Panasoffkee

Located in Sumter County

33538, 33585, 34785

$255,587 Average Value

$160 Average Price per Sq Ft

8 Homes For Sale

Interested in learning more about homes in this area? Reach out to Matthew Yoder, an experienced agent in this area.

Agents Specializing in this Area

Aaron Zmek

REMAX/PREMIER REALTY

(844) 723-6160

122 Total Sales

1

$210,000 Price

Aaron Zmek
TJ Zopf

WEICHERT REALTORS EXCLUSIVE PROPERTIES

(727) 472-5431

36 Total Sales

2

$20K - $95K Price Range

TJ Zopf
Jaret Whitney

EXIT REALTY TRI-COUNTY

(352) 720-8780

44 Total Sales

3

$53K - $889K Price Range

Jaret Whitney
Marvin Adams

REALTY PROS ASSURED LLC

(386) 888-6891

57 Total Sales

2

$165,000 Price Range

Marvin Adams
Christine Meadows

REAL BROKER LLC - OCALA

(352) 329-8771

121 Total Sales

1

$13,000 Price

Christine Meadows
Scott Coldwell

COLDWELL REALTY SOLD GUARANTEE

(352) 292-8181

1,058 Total Sales

1

$147,000 Price

Scott Coldwell

See All Agents

Schools

Source:

Lake Panasoffkee Elementary School

Pre-K to 5th
Public

B+

South Sumter Middle School

6th to 8th
Public

South Sumter High School

7th to 12th
Public

Explore All Schools

Lake Panasoffkee Housing Trends

On average, homes in Lake Panasoffkee, FL sell after 74 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Panasoffkee, FL over the last 12 months is $126,700, down 9% from the median home sale price over the previous 12 months.

Housing Trends

Median List Price

$199,900

Median Sale Price

$126,700

Median Single Family Sale Price

$130,000

Median Change From 1st List Price

12%

Last 12 months Home Sales

Median Home Sale Price YoY Change

-9%

Average Price Per Sq Ft

$160

Neighborhood Facts

Number of Homes in Neighborhood

879

Number of Homes for Sale

Median Year Built

1979

Months of Supply

2.20

Average Single Family Home Size Sq Ft

1,359

Significantly below the national average

1,924

Median Lot Size Sq Ft

11,761

Open Houses

$45,000
TBD Cr463b

New 12 days ago
Vacant Lot in a highly desirable community. Close to The Villages, food, shopping, schools and more. Minutes to I-75 for quick access to airports, medical or theme park. BUT WAIT this is a great building lot that has already been cleared, it is located in the town of Lake Panasoffkee, it’s always fishing time here! So grab your fishing pole and all your toys as Lake Panasoffkee is calling you.

Shannon Polk

Tropic Shores Realty

(352) 668-2153
$85,000
- 2 Beds
- 2 Baths
- 1,152 Sq Ft
3617 Cr 406
Refreshed and move-in ready! This charming mobile home at 3617 County Road 406 sits on a spacious corner lot with no HOA, and best of all — you own the land. Inside, enjoy new flooring and carpet throughout. Outside, the property features a carport for covered parking and a shed for extra storage. Located in peaceful Lake Panasoffkee, this home is perfect as a full-time residence or a weekend

Evelyn Tejada

REGENCY REAL ESTATE LLC

(352) 691-7990
$849,900
- 4 Beds
- 2 Baths
- 2,200 Sq Ft
4027 N C 470
THIS FORWARD THINKING SELLER IS BUYER BROKER FRIENDLY & WILLING TO PAY $10,000 AT CLOSING TO BUY PURCHASERS RATE DOWN! SAVE THOUSANDS! NO HOA! NEW ROOF 2024! This lovingly cared for 4-bedroom, with sep office/den, 2-bathroom residence sits on an expansive 10.52-acre cleared lot. As you drive up the lane, you’ll be greeted by the charm of this fenced property, complete with a manmade pond that

Nichole Roberts

ALL FLORIDA HOMES REALTY LLC

(352) 525-2367

See All Open Houses

Homes for Sale

$45,000
- Land
- 0.34 Acre Lot
TBD Cr463b

New 12 days ago
Vacant Lot in a highly desirable community. Close to The Villages, food, shopping, schools and more. Minutes to I-75 for quick access to airports, medical or theme park. BUT WAIT this is a great building lot that has already been cleared, it is located in the town of Lake Panasoffkee, it’s always fishing time here! So grab your fishing pole and all your toys as Lake Panasoffkee is calling you.

Shannon Polk

Tropic Shores Realty

(352) 668-2153
$85,000
- 2 Beds
- 2 Baths
- 1,152 Sq Ft
3617 Cr 406
Refreshed and move-in ready! This charming mobile home at 3617 County Road 406 sits on a spacious corner lot with no HOA, and best of all — you own the land. Inside, enjoy new flooring and carpet throughout. Outside, the property features a carport for covered parking and a shed for extra storage. Located in peaceful Lake Panasoffkee, this home is perfect as a full-time residence or a weekend

Evelyn Tejada

REGENCY REAL ESTATE LLC

(352) 691-7990
$849,900
- 4 Beds
- 2 Baths
- 2,200 Sq Ft
4027 N C 470
THIS FORWARD THINKING SELLER IS BUYER BROKER FRIENDLY & WILLING TO PAY $10,000 AT CLOSING TO BUY PURCHASERS RATE DOWN! SAVE THOUSANDS! NO HOA! NEW ROOF 2024! This lovingly cared for 4-bedroom, with sep office/den, 2-bathroom residence sits on an expansive 10.52-acre cleared lot. As you drive up the lane, you’ll be greeted by the charm of this fenced property, complete with a manmade pond that

Nichole Roberts

ALL FLORIDA HOMES REALTY LLC

(352) 525-2367

See All Homes

Homes for Rent

$1,200 per month
- Townhouse for Rent
- 2 Beds
- 2.5 Baths
- 1,225 Sq Ft
1193 Cr 463

Lake Panasoffkee, FL
Summer lease sign-on special available until 8/15 only. Leisure Living Townhomes. 2 bedroom. 2 full bath. 1 half bath with washer and dryer hookup. Living room and Kitchen downstairs with bedrooms and both full bathrooms upstairs. Rent includes pest control, refuse collection, and lawn care. The unit is in the process of some light remodeling, painting and touch-ups. Pictures were taken prior to
$1,200 per month
- 2 Beds
- 2.5 Baths
- 1,261 Sq Ft
1193 Cr 463b

Unit D1

Lake Panasoffkee, FL
Summer lease sign-on special available until 8/15 only. Leisure Living Townhomes. 2 bedroom. 2 full bath. 1 half bath with washer and dryer hookup. Living room and Kitchen downstairs with bedrooms and both full bathrooms upstairs. Rent includes pest control, refuse collection, and lawn care. The unit is in the process of some light remodeling, painting and touch-ups. Pictures were taken prior to

Connie Mahan CONNIE MAHAN REAL ESTATE GROUP
$1,200 per month
- 2 Beds
- 2.5 Baths
- 1,261 Sq Ft
1223 Cr 463b

Unit B1

Lake Panasoffkee, FL
Leisure Living Townhomes. 2 bedroom. 2 full bath. 1 half bath with washer and dryer hookup. Living room and Kitchen downstairs with bedrooms and bathrooms upstairs. Rent includes pest control, refuse collection, and lawn care. The unit is in the process of some light remodeling, painting and touch-ups. Pictures were taken prior to this work starting. Summer lease sign-on special available until

Connie Mahan CONNIE MAHAN REAL ESTATE GROUP

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Source: Public Records

Property Mix - Square Feet

Lake Panasoffkee Has More Owners

Demographics

Total Population

3,660

Median Age

Population under 18

23.8%

On par with the national average

23.8%

Population over 65

20.9%

On par with the national average

19.1%

Finances

Median Household Income

$48,232

Significantly below the national average

$71,702

Average Household Income

$65,239

Education and Workforce

High School Graduates

84.3%

College Graduates

11.8%

Below the national average

34.1%

Advanced Degrees

3.8%

% Population in Labor Force

54%

Below the national average

65.1%

Weather

Annual Precipitation

52''

Average Winter Low Temperature

42°F

Average Summer High Temperature

92°F

Annual Snowfall

0''

Area Factors

Somewhat Bikeable

Bike Score®^®

35 / 100

Car-Dependent

Walk Score®^®

19 / 100

Source: Walk Score

Florida Sumter County

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Matthew Yoder