Homes for sale in
Lake Panasoffkee, Florida
Lakeside Central Florida living without the coastal price
49
Homes for sale
$190,000
Median list price
$185
Avg price / sqft
36
Median days on market
Lake Panasoffkee sits in the quiet middle of Sumter County, built around a spring-fed lake that draws anglers, boaters, and people who'd rather have a dock than a downtown. Life here leans rural and unhurried, but you're still within roughly an hour of both Tampa and Orlando, which makes the trade-off easy to justify. The housing is a genuine mix — single-family homes sit alongside manufactured and mobile homes, so you'll find everything from starter properties to lakefront getaways.
For buyers, this is one of the more affordable pockets in the region. The median list price is $190,000 across 49 active listings, and with homes moving in about 36 days, it's a steady rather than frenzied market. If you're chasing the water, 15 of the current listings are waterfront homes, and you can always browse by price to zero in on your range.
Lake Panasoffkee is in Sumter County, Florida.
Within a 30-minute drive
Quick facts
$64,900 – $1.8M price range
1,217 sqft median home
$1,375/mo median rent
Balanced right now
Drive times
Fresh on the market
Newest homes in Lake Panasoffkee
View all 49 homes →
$50,000
1318 CR 461, LAKE PANASOFFKEE
2 bd · 2 ba · 780 sqft
$79,000
3080 CR 417, LAKE PANASOFFKEE
2 bd · 2 ba · 784 sqft
$169,900
1975 E CR412 ROAD, LAKE PANASOFFKEE
3 bd · 2 ba · 1,596 sqft
$349,900
645 CR 485A, LAKE PANASOFFKEE
2 bd · 2 ba · 720 sqft
$269,900
919 CR 482D, LAKE PANASOFFKEE
3 bd · 2 ba · 1,513 sqft
$289,000
1381 CR 446A, LAKE PANASOFFKEE
2 bd · 2 ba · 1,217 sqft
$275,000
1175 CR 463B, LAKE PANASOFFKEE
2 bd · 2 ba · 1,312 sqft
$203,000
1141 COUNTY ROAD 457, LAKE PANASOFFKEE
3 bd · 1 ba · 1,284 sqft
$625,000
4232 COUNTY ROAD 400, LAKE PANASOFFKEE
4 bd · 3 ba · 2,821 sqft
$149,000
1880 CR 422, LAKE PANASOFFKEE
3 bd · 2 ba · 1,488 sqft
$420,000
664 CR 467, LAKE PANASOFFKEE
4 bd · 2 ba · 1,329 sqft
$150,000
1082 CR 457, LAKE PANASOFFKEE
2 bd · 2 ba · 1,386 sqft
46 of 49 active listings shown
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The numbers that matter
The Lake Panasoffkee market
Balanced
6.7 months of inventory
Supply and demand are roughly even — negotiation cuts both ways.
87
Sold, last 12 months
$200,000
Median sold price
93%
Sale-to-list ratio
What sellers actually get vs asking
73 days
Median time to sell
Lake Panasoffkee vs Sumter County
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 16.3% yr/yr
Homes on the market
▼ 18.8% yr/yr
Homes sold per month
Live Stellar MLS data — listings and closed sales in Lake Panasoffkee, FL. Rolling medians smooth single-month swings in thin markets.
For the school run
School zones with homes for sale
Homes matched to official attendance boundaries — always verify zoning with the district.
Beyond the listings
Living in Lake Panasoffkee
Lake life at the center
With 15 waterfront listings on the market, direct access to Lake Panasoffkee is realistic here, not a fantasy price tag.
An hour from two cities
Downtown Tampa is about 65 minutes away and downtown Orlando about 69, so weekend trips and commutes both stay manageable.
Genuinely affordable entry
The median list price is $190,000, with listings starting as low as $64,900 for buyers watching their budget.
A real range of home types
The mix spans 29 single-family homes, 14 manufactured, and a handful of mobile and modular options.
Low carrying costs
Median property tax runs about $848 a year and typical HOA dues are just $3 a month.
Population
4,525
Median age
48.9
Median income
$46,002
Median home value
$133,300
What people here are into
Hobbies & Interests
Top 14% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Hobbies & Interests
Top 15% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Hobbies & Interests
Top 22% in the U.S.Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Emotional
Gratitude
From generous tipping to standing ovations, this population has a way with giving someone a pat on the back.
Hobbies & Interests
Handcrafted
The only thing more beautiful than handmade decor? The hands that made it. This population appreciates the time and care put into one-of-a-kind pieces.
Lifestyles
Farm Culture
Do you know where your food comes from? These people do, and they want to share their love for farming and simple living with the community.
On the calendar
Near Lake Panasoffkee
Jul
13
Mon
Coloring Books and Pencils
2:00pm
This event offers a delightful opportunity to unwind and unleash creativity, regardless of artistic experience. It's designed to foster a warm, inclusive atmosphere where…
Jul
14
Tue
Off Beat Bingo
6:00pm
Bingo enthusiasts are in for a treat with five engaging games on offer, where participants pay per card. With games 1-3 priced at $2 per card and games 4 and 5 at $5 per…
Jul
15
Wed
Karaoke Night
Sue is hosting the town's top-rated karaoke night. Attendees can expect a lively atmosphere filled with music, laughter, and the chance to showcase their singing talents.
Jul
15
Wed
Nightsweat
19:00
Nightsweat is a farcical play that blends comedy and thriller elements in a girls' murder mystery weekend gone wrong. The story follows a canceled actress and her anxious…
Jul
16
Thu
Rock N' Roll Bingo
This lively event promises an abundance of delicious food, a wide variety of drinks, and a whole lot of fun. Attendees can look forward to free participation with the add…
Jul
16
Thu
Deb's Cardio Drumming Class
6:00pm
This intimate event is limited to just 60 attendees, ensuring a cozy and exclusive experience. Should attendees require a loaner kit, they are advised to make this known…
What it really costs
Owning here
Owning the median Lake Panasoffkee home
≈ $1,285/mo
$190,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
35%
In a FEMA flood zone
Ask about flood insurance early — it changes the payment
$1,375/mo
Median rent
2 homes for rent right now
Straight answers
Lake Panasoffkee real estate FAQs
Is Lake Panasoffkee a good place to live?+
It suits people who want a quiet, lake-centered life with room to breathe rather than a busy town center. The community is anchored by Lake Panasoffkee and assigned to Lake Panasoffkee Elementary, South Sumter Middle, and South Sumter High. With Tampa and Orlando both around an hour out, you get seclusion without being cut off.
Is Lake Panasoffkee expensive?+
No — it's one of the more affordable markets in the area, with a median list price of $190,000 and an average of $185 per square foot. Listings run from $64,900 up to $1,800,000, so there's a wide spread, and you can browse by price to find your fit. Carrying costs are low too, with median property taxes around $848 a year.
What do homes cost in Lake Panasoffkee?+
The median list price is $190,000, and the typical home is about 1,217 square feet at roughly $185 per square foot. The 49 active listings include everything from budget properties near $64,900 to a $1.8 million high end. Waterfront and newer builds sit toward the upper part of that range.
How is the market right now?+
It's steady and reasonably paced, with homes taking a median of 36 days to sell across 49 active listings. That gives buyers time to compare options without a bidding-war scramble. Keep an eye on the just reduced listings, since price movement can signal negotiating room.
What about HOA fees and property taxes?+
Costs here are light: the median HOA is just $3 a month and there are no gated or golf communities driving fees up. Median property tax runs about $848 a year. Most homes, including the single-family homes, carry little to no association overhead.
Keep exploring
Nearby areas
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.
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