Lake Panasoffkee, FL Home Values & Market Trends
Real estate market trends reflect that there have been 131 transactions over the past year in Lake Panasoffkee. The median value for residential home transactions that occurred over the previous year is $224,002. The number of current listings in Lake Panasoffkee is 187, and the percentage of properties for sale in the city is 187.00%. Lake Panasoffkee, FL currently has 23 properties in foreclosure, 4 bank owned properties, 1 properties headed for auction, and 187 properties for sale.
Lake Panasoffkee, FL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 33538 | $ 224,002 $ 180/sqft |
Housing Market Summary for Lake Panasoffkee, FL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $187.5K | $202.5K | 8.00% |
| Median Sold Price | $197.1K | $166.9K | -15.35% |
| Homes For Sale | 124 | 187 | 50.81% |
| Homes Sold | 56 | 71 | 26.79% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake Panasoffkee, FL
Browse Homes in Lake Panasoffkee, FL
Lake Panasoffkee home values range from $34,492 to $689,000. The median estimated value of a home in Lake Panasoffkee is $224,002. The median list price of a home is 202,500, and the total count of properties in the city is 306.
- Pre-ForeclosurePre-foreclosure homes account for 5.88% of all residential properties in Lake Panasoffkee, FL with 33538 containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Panasoffkee, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $301,614 in 33538 to the lowest home value of $108,279 in 33538.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Panasoffkee, FL ranges from the highest value of $153,055 in 33538 to the lowest value of $75,372 in 33538. Bank owned homes and properties account for 1.31% of properties in Lake Panasoffkee, FL. There is 1 zips within Lake Panasoffkee, FL; 33538 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions33538 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Panasoffkee, FL. Auction homes and other auction properties account for 0.33% of all properties in Lake Panasoffkee, FL. There is 1 zips within Lake Panasoffkee, FL; of that zips, the median estimated home value for homes going to auction ranges from $110,000 in 33538 to the lowest value of $110,000 in 33538.
Compare Nearby Cities
More Real Estate Resources for Lake Panasoffkee, FL
Guide for Lake Panasoffkee, FL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
