Market Report · 3rd Quarter 2026 · As of July 22, 2026

MLS data updated Jul 21, 2026

Lake Panasoffkee

One of Florida's storied bass lakes — fish camps, canal-front retreats, and old-Florida waterfront at landlocked prices

Lake Panasoffkee, FL

Lake Panasoffkee offers canal and lakefront retreats on one of Florida's famous bass lakes off I-75.

38
For Sale
$296K
Avg. List Price
7
Under Contract
$230K
Median Sold (12 mo)
55
Homes Sold (12 mo)

Median sold: $230K ·  Median days on market: 90 ·  Sold-to-list: 97.0% ·  Source: Stellar MLS

Buyer's Market
8.3
months of inventory

About 8.3 months of inventory — supply is outpacing demand, so buyers have room to negotiate (over 6 months = buyer's market).

Median Sale Price
$230K
55 sold / yr
1-Yr Appreciation
+7.5%
median price
Days on Market
90
median
Sale-to-List
97.0%
of asking
Sales Pace
4.6/mo
last 12 mo
Active Listings
38
for sale now

Aggregate statistics from recent Stellar MLS closed sales and live MLS inventory. A market read, not an appraisal of any home or a listing of individual sales.

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Ryan's Take on Lake Panasoffkee

Lake Panasoffkee draws a buyer who has made a deliberate choice to step outside the metro grid — anglers, retirees, and Tampa or Orlando second-home seekers who want genuine waterfront ownership without the premium that follows a Windermere or Lake Nona address. This is a working lake, known for largemouth bass and crappie fishing, with 11 miles of shoreline on a 4,460-acre spring-fed body of water that rewards residents who spend their weekends on the water rather than in a shopping center.

The employment anchor here is Ocala, about 40 minutes north on I-75, which covers healthcare, logistics, and manufacturing for working households. The Villages corridor sits roughly 25 to 30 minutes away, making Lake Panasoffkee a practical choice for anyone employed in that cluster's large hospitality and healthcare economy. Retirees find the proximity to Ocala's hospital network reassuring.

The housing stock is honest about what this community is: lakefront cottages, older single-family homes, and the occasional newer build on larger lots — modest architecture that prioritizes the view over the finishes. Buyers cross-shopping here typically also look at Inverness on the Withlacoochee chain or the rural pockets around Lake Panasoffkee's neighbor, the Withlacoochee River corridor, where the appeal is the same but the acreage plays out differently. What keeps buyers choosing Lake Panasoffkee specifically is the scale of the lake itself and the low cost of entry relative to comparably sized water in Central Florida.

— Ryan Solberg, Broker/Owner, MaxLife Realty

Under Contract

7 homes pending in Lake Panasoffkee · Avg. $308K

Lake Panasoffkee pending
Pending
$185,700
2 bd1 ba1,308 sqft
Lake Panasoffkee pending
Pending
$995,000
0 ba
Lake Panasoffkee pending
Pending
$129,900
2 bd2 ba924 sqft
Lake Panasoffkee pending
Pending
$249,900
2 bd2 ba1,320 sqft
Lake Panasoffkee pending
Pending
$260,000
3 bd2 ba1,238 sqft
Lake Panasoffkee pending
Pending
$163,777
3 bd1 ba808 sqft
Market Snapshot

Lake Panasoffkee · 3rd Quarter 2026

55 sales · Stellar MLS · last 12 mo

$230K

Median Sale Price

90 days

Median Days on Market

97.0%

Sold-to-List

$179

Median $/sqft

Sold-to-List Gauge · 90% → 100% → 105%+97.0%
90%95%100%105%+

Recent Sales Map

Recent sales activity in Lake Panasoffkee

No recent public sales records found for this area. Call Ryan for a detailed sold analysis.

Currently For Sale

38 active listings in Lake Panasoffkee

BedsBathsSq FtList Price$/Sq FtDOMPoolWaterfrontView
321,068$225,000$211291
32930$172,000$185196
22784$149,400$191129
321,396$284,500$2049
311,284$203,000$15848Water
221,204$179,000$14937
331,476$234,900$15932
221,312$275,000$21011
321,243$269,900$21763
321,488$149,000$10023
321,524$365,000$24032Lake Panasoffkee
21794$134,900$170519
321,440$250,000$17447
221,056$125,000$11862
321,131$220,000$195187Water
321,596$169,900$10614
221,232$215,000$175130Water
321,938$189,000$9884
231,152$145,000$126267
321,068$199,000$186479
0$273,900191
21784$222,500$28458
432,538$689,000$27149Lake Panasoffkee
221,064$199,900$18866
321,513$269,900$17839Lake Panasoffkee
542,635$354,900$135358
321,352$170,000$126342
221,217$289,000$23745
321,292$265,000$205110
432,821$625,000$22269Lake Panasoffkee
22960$145,000$151102
321,365$140,000$103178
421,329$420,000$316121Lake Panasoffkee
11792$190,000$240125
22720$349,900$486153Lake Panasoffkee
0$400,000154
421,684$289,900$172952
323,206$1,800,000$561352
All 38 active listings in Lake Panasoffkee · live Stellar MLS · no addresses published

Lake Panasoffkee Market — Common Questions

Is Lake Panasoffkee a buyer's or seller's market in 2026?+

Lake Panasoffkee is currently a buyer's market with about 8.3 months of inventory. About 8.3 months of inventory — supply is outpacing demand, so buyers have room to negotiate (over 6 months = buyer's market).

What is the median home sale price in Lake Panasoffkee?+

Based on Florida Department of Revenue public records over the last 6 months, the median sale price in Lake Panasoffkee is approximately $230K, up about 7.5% from a year earlier.

How many homes are for sale in Lake Panasoffkee?+

There are currently 38 active listings in Lake Panasoffkee, with homes selling at roughly 4.6 per month. That works out to about 8.3 months of inventory.

Free · No Obligation

What Is Your Lake Panasoffkee Home Worth?

I analyze active competition, recent sales, and neighborhood trends to give you a precise estimate of what your home is worth right now — no automated Zestimate, a real analysis from a local expert.

Ryan Solberg, MaxLife Realty

Ryan Solberg

MaxLife Realty

321.373.3536

Report generated July 22, 2026 at 3:01 AM ET· Powered by Stellar MLS

MLS Data:Active and pending listing data is sourced from the Stellar MLS as distributed by MLS GRID. Listings courtesy of Stellar MLS as distributed by MLS GRID. 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. The MLS GRID does not guarantee the accuracy of this data, which may not reflect all real estate activity in the area.

Sold Data: Sales analysis is derived from Florida Department of Revenue public property records(arm's-length transactions). Ryan Solberg and MaxLife Realty LLC are not affiliated with Lake Panasoffkeeor its HOA. This report is not intended to solicit properties already listed for sale nor to cause a breach of an existing agency relationship. Data should be independently verified. E&OE.

Based on information submitted to the MLS GRID as of July 21, 2026 at 1:19 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of July 21, 2026 at 1:19 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA