Market Report · 3rd Quarter 2026 · As of July 2, 2026

MLS data updated Jul 1, 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.

40
For Sale
$289K
Avg. List Price
8
Under Contract
$229K
Median Sold (12 mo)
63
Homes Sold (12 mo)

Median sold: $229K ·  Median days on market: 89 ·  Sold-to-list: 96.9% ·  Source: Stellar MLS

Buyer's Market
7.6
months of inventory

About 7.6 months of inventory — supply is outpacing demand, so buyers have room to negotiate (over 6 months = buyer's market).

Median Sale Price
$229K
63 sold / yr
1-Yr Appreciation
+6.5%
median price
Days on Market
89
median
Sale-to-List
96.9%
of asking
Sales Pace
5.3/mo
last 12 mo
Active Listings
40
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

8 homes pending in Lake Panasoffkee · Avg. $225K

Lake Panasoffkee pending
Pending
$269,900
3 bd2 ba1,243 sqft
Lake Panasoffkee pending
Pending
$260,000
3 bd2 ba1,238 sqft
Lake Panasoffkee pending
Pending
$163,777
3 bd1 ba808 sqft
Lake Panasoffkee pending
Pending
$169,000
3 bd2 ba1,440 sqft
Lake Panasoffkee pending
Pending
$250,000
3 bd2 ba1,440 sqft
Lake Panasoffkee pending
Pending
$162,000
2 bd2 ba820 sqft
Market Snapshot

Lake Panasoffkee · 3rd Quarter 2026

63 sales · Stellar MLS · last 12 mo

$229K

Median Sale Price

89 days

Median Days on Market

96.9%

Sold-to-List

$174

Median $/sqft

Sold-to-List Gauge · 90% → 100% → 105%+96.9%
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

40 active listings in Lake Panasoffkee

BedsBathsSq FtList Price$/Sq FtDOMPoolWaterfrontView
321,938$190,000$9863
321,131$230,000$203162Water
0$273,900168
21784$222,500$28436
321,488$149,000$1001
231,152$145,000$126243
432,538$689,000$27124Lake Panasoffkee
221,320$249,900$1891
211,308$185,800$14261
321,524$375,000$2462Lake Panasoffkee
331,476$254,999$1734
31552$135,000$2454
32960$129,900$135202
221,064$199,900$18836
221,056$132,500$12529
221,204$199,000$1651
321,513$269,900$1781Lake Panasoffkee
542,635$354,900$135317
422,128$209,900$9914
221,232$220,000$17983Water
321,352$170,000$126299
221,217$289,000$2371
311,284$203,000$1581Water
321,068$211,000$198428
32930$172,000$185142
321,292$265,000$20548
321,440$175,000$1221Water
432,821$625,000$2221Lake Panasoffkee
22960$145,000$15130
321,728$379,500$220296Lake Panasoffkee, Outlet River
21794$139,900$176434
22784$149,400$19135
321,365$140,000$10361
421,329$420,000$3161Lake Panasoffkee
321,068$225,000$211168
11792$190,000$2401
22720$349,900$4861Lake Panasoffkee
0$400,0000
421,684$289,900$172723
323,206$1,800,000$56199
All 40 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 7.6 months of inventory. About 7.6 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 $229K, up about 6.5% from a year earlier.

How many homes are for sale in Lake Panasoffkee?+

There are currently 40 active listings in Lake Panasoffkee, with homes selling at roughly 5.3 per month. That works out to about 7.6 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 2, 2026 at 1:17 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 1, 2026 at 6:09 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 1, 2026 at 6:09 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