Market Report · 2nd Quarter 2026 · As of June 11, 2026

MLS data updated Jun 11, 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
$290K
Avg. List Price
7
Under Contract
$229K
Median Sold (12mo)
66
Homes Sold (12mo)

Avg. sold: $247K ·  Avg. days on market: 107 ·  Sold-to-list: 96.5% ·  Source: Stellar MLS

Ryan's Take on Lake Panasoffkee

Lake Panasoffkee is one of those Florida destinations that longtime residents know and outsiders discover by accident — a large, shallow, spring-fed lake in Sumter County with a network of canals reaching into surrounding communities and a culture built entirely around fishing, boating, and slow-paced waterfront living. The properties here range from modest canal-front cottages and mobile homes to more substantial single-family homes with direct lake access, and the common denominator is water. Buyers who find Lake Panasoffkee are usually looking for something specific: a fishing cabin, a true waterfront retirement home, or a quiet getaway that doesn't require a long drive to reach the coast.

The commute picture is honest — I-75 is just a few minutes east via SR-470, which connects residents to The Villages corridor, Wildwood, and the Ocala-Tampa axis. That access makes Lake Panasoffkee more viable as a full-time residence than its rural character might suggest. Healthcare runs to Ocala or Leesburg for anything beyond urgent care. The buyer profile is heavily outdoor-recreation oriented: anglers, birders, kayakers, and retirees who've decided that lake access matters more than a short drive to a shopping center. Cross-shopping comparisons often include other Sumter County lake communities and the Nature Coast corridor from Crystal River to Brooksville. For the right buyer, Lake Panasoffkee delivers a genuinely hard-to-replicate waterfront lifestyle at price points well below what you'd pay on the St. Johns River or any coastal county.

— Ryan Solberg, Broker/Owner, MaxLife Realty

Under Contract

7 homes pending in Lake Panasoffkee · Avg. $191K

Lake Panasoffkee pending
Pending
$134,900
3 bd2 ba960 sqft
Lake Panasoffkee pending
Pending
$250,000
3 bd2 ba1,440 sqft
Lake Panasoffkee pending
Pending
$162,000
2 bd2 ba820 sqft
Lake Panasoffkee pending
Pending
$250,000
3 bd2 ba1,580 sqft
Lake Panasoffkee pending
Pending
$275,000
2 bd2 ba864 sqft
Lake Panasoffkee pending
Pending
$138,000
3 bd2 ba1,568 sqft

Recent Sales Analysis

66 homes sold in Lake Panasoffkee over the past 12 months · Stellar MLS

66
Homes Sold
$229K
Median Sale Price
107
Avg. Days on Market
96.5%
Sold-to-List Ratio

Approximate sale locations — dots are offset ±1 home for privacy

BedsBathsSq FtListedSoldList PriceSold Price$/Sq FtDOMPoolWaterfrontView
321,3528/5/256/5/26$345,000$330,000$244304
321,10212/13/256/5/26$235,000$233,000$211174
321,1455/14/265/22/26$259,900$265,000$2318
111,1043/20/265/4/26$159,900$159,900$14545
422,4801/1/265/1/26$429,000$410,000$165120Water
321,2844/20/264/23/26$230,000$230,000$1793
321,63211/18/254/21/26$299,000$285,000$175154
321,4401/2/264/21/26$169,900$169,900$118109
221,5329/13/254/8/26$275,000$265,000$173207Lake Panasoffkee
422,0101/3/264/2/26$280,900$285,900$14289
229883/18/263/30/26$225,000$210,000$21312Lake Panasoffkee
321,3879/29/253/30/26$194,900$194,900$141182
321,5693/9/263/18/26$265,000$265,000$1699Water
321,5618/8/253/13/26$260,000$265,000$170217
211,23012/27/253/13/26$260,000$260,000$21176
321,18212/16/253/10/26$240,000$235,000$19984
321,50810/30/253/6/26$375,000$360,000$239127
221,0562/23/262/27/26$139,000$130,000$1234
321,14712/18/252/27/26$189,900$200,000$17471
2296012/9/252/20/26$250,000$225,000$23473Lake Panasoffkee
321,7162/8/262/16/26$259,000$254,000$1488
221,4637/29/252/13/26$229,900$215,000$147199
321,95911/13/252/2/26$249,900$232,900$11981Water
321,11510/5/251/28/26$210,000$219,000$196115
221,25411/10/251/26/26$205,000$206,050$16477
321,06210/18/251/23/26$234,000$230,000$21797
331,3343/13/251/19/26$539,900$500,000$375312
321,1407/16/251/9/26$235,000$210,000$184177
2278411/24/2512/29/25$140,000$140,000$17935
221,1041/8/2512/19/25$149,900$140,000$127345Water
211,7005/17/2512/12/25$425,000$425,000$250209Lake Panasoffkee
321,06211/10/2512/3/25$223,499$229,000$21623
322,13010/8/2511/19/25$385,000$350,000$16442Lake Panasoffkee
221,2489/23/2511/19/25$250,000$200,000$16057
321,6457/20/2511/4/25$394,900$380,000$231107Bluegill Canal
329605/6/2510/22/25$164,900$160,000$167169
221,01410/16/2510/22/25$215,000$215,000$2126
321,1021/30/2510/21/25$220,000$228,000$207264
321,7018/31/2510/20/25$600,000$590,000$34750
231,0927/19/2510/17/25$178,900$142,000$13090
322,0429/29/2510/15/25$279,900$275,000$13516
321,11512/2/249/26/25$220,000$220,000$197298
343,3665/30/259/24/25$499,900$480,000$143117
217209/22/259/23/25$154,900$154,900$2151Lake Panasoffkee
332,0516/12/259/15/25$279,900$265,000$12995
321,0502/26/259/12/25$205,000$210,000$200198
321,1028/10/259/3/25$222,500$219,000$19924
422,4698/1/258/29/25$265,000$245,000$9928
229246/15/258/26/25$150,000$142,500$15472
211,0865/22/258/22/25$399,900$385,000$35592
322,0165/24/258/22/25$213,900$194,000$9690
221,1743/21/258/15/25$257,500$257,500$219147Water
221,1786/4/258/13/25$375,000$365,000$31070Pond
321,14012/27/248/12/25$214,000$216,000$189228
229605/20/257/25/25$165,000$165,000$17266
321,8183/17/257/10/25$324,900$285,000$157115Water
221,2257/4/257/9/25$259,900$247,000$2025
221,1201/11/257/7/25$199,500$185,000$165177
218643/31/257/7/25$134,900$127,900$14898
321,1025/9/257/3/25$220,000$220,000$20055
Showing the 60 most recent of 66 sales · Stellar MLS closed sales · past 12 months · no addresses published · tap any column to sort

Currently For Sale

38 active listings in Lake Panasoffkee

BedsBathsSq FtList Price$/Sq FtDOMPoolWaterfrontView
422,128$209,900$9914
211,308$186,800$14347
221,232$220,000$17983Water
321,352$170,000$126299
321,938$200,000$10340
542,635$354,900$135313
221,217$289,000$2371
321,238$260,000$2101
432,538$689,000$2712Lake Panasoffkee
311,284$203,000$1581Water
321,068$211,000$198428
321,243$269,900$21710
31808$163,777$203116
32930$172,000$185142
21784$225,000$2875
321,131$230,000$203128Water
321,292$265,000$20548
221,056$135,000$1280
231,152$145,000$126205
21728$129,500$178102
321,440$175,000$1221Water
221,064$224,000$2111
432,821$625,000$2221Lake Panasoffkee
22960$145,000$15130
321,728$379,500$220296Lake Panasoffkee, Outlet River
321,440$169,000$11744
21794$139,900$176434
22784$149,400$19135
0$274,90080
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
0$185,00010
421,684$289,900$172723
323,206$1,800,000$56199
All 38 active listings in Lake Panasoffkee · live Stellar MLS · no addresses published

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 June 11, 2026 at 8:27 PM 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 Stellar MLS closed-sale 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 June 11, 2026 at 5:01 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 June 11, 2026 at 5:01 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.

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