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Real Estate Market Trends and Analytics in Lake Panasoffkee (33538), FL

In August 2026, the median home sale price in Lake Panasoffkee (33538), FL was $169,000, with homes selling in an average of 90 days — slower than the 78-day average last year, suggesting buyers have more negotiating room. A total of 104 homes sold in this period, down from 121 last year.
View all properties for sale in Lake Panasoffkee (33538), FL

Lake Panasoffkee (33538), FL Market Trend

Median List Price
The median list price of Lake Panasoffkee (33538), FL, was $199,000 in August 2026, compared to $166,950 in August 2025.

Lake Panasoffkee (33538), FL Market Trend for Houses

Median List Price
The median list price of houses in Lake Panasoffkee (33538), FL, was $257,400 in August 2026, compared to $234,000 in August 2025.

Lake Panasoffkee (33538), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Lake Panasoffkee (33538), FL, was $0 in August 2026, compared to $0 in August 2025.

Lake Panasoffkee (33538), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Lake Panasoffkee (33538), FL, was $23,500 in August 2026, compared to $19,000 in August 2025.

Lake Panasoffkee (33538), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Lake Panasoffkee (33538), FL, was $450,000 in August 2026, compared to $0 in August 2025.

Lake Panasoffkee (33538), FL Housing Market Analysis

There are currently 58 homes listed for sale in Lake Panasoffkee (33538), FL, an increase of 20.83% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $266,327 (up 23.44% year-over-year), and the average price per square foot is $188 compared to $180 in 2025. Properties spend an average of 197 days on the market before going under contract.
58
for sale
2
for rent
107
sold
Median Price
$199K
Median SQFT Price
$188
SF Range
552 - 3,568 SF
Beds
1 - 4
Avg. Dom
197 days
Year Built
1957 - 2024
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $161K
Median Monthly Mortgage $1K/mo
Median Rent $949/mo
Homeownership Rate 75.6%
Cost Burden 18.0%

Foreclosure Risk Score

6/100 LOW
30-Year Mortgage Rate 6.58%
Local Unemployment 3.9%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Lake Panasoffkee (33538), FL

New
For Sale
$339,000
House
3 bds · 2 ba · 1,916 sqft
LAKE SHORE PARK, LAKE PANASOFFKEE
1351 CR 482N
New
For Sale
$749,000
House
4 bds · 2 ba · 2,195 sqft
LENGTHY, LAKE PANASOFFKEE
4027 N C 470
New
For Sale
$249,900
House
2 bds · 1 ba · 1,094 sqft
HOLIDAY HAVEN, LAKE PANASOFFKEE
1056 CR 463
New
For Sale
$224,900
House
2 bds · 2 ba · 1,140 sqft
SMITH, LAKE PANASOFFKEE
1965 CR 439D
For Sale
$149,000
House
2 bds · 1 ba · 616 sqft
SHADY ACRES 1ST ADD, LAKE PANASOFFKEE
937 COUNTY ROAD 481W
For Sale
$235,000
Multi-family
4 bds · 1,656 sqft
SUMTERVILLE, LAKE PANASOFFKEE
2558 N COUNTY RD #470
For Sale
$275,000
House
3 bds · 2 ba · 1,548 sqft
SIXTH ADD TRACYS PT, LAKE PANASOFFKEE
1218 CR 450
For Sale
$100,000
2 bds · 2 ba · 924 sqft
NOT IN SUBDIVISION, LAKE PANASOFFKEE
1218 CR 416N

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