Market Report · 3rd Quarter 2026 · As of September 20, 2026

MLS data updated Sep 20, 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.

33
For Sale
$333K
Avg. List Price
2
Under Contract
$220K
Median Sold (12 mo)
63
Homes Sold (12 mo)

Median sold: $220K ·  Median days on market: 77 ·  Sold-to-list: 95.4% ·  Source: Stellar MLS

Buyer's Market
6.3
months of inventory

About 6.3 months of inventory — supply is outpacing demand, so buyers have room to negotiate (over 6 months = buyer's market).

Median Sale Price
$220K
63 sold / yr
1-Yr Appreciation
+2.3%
median price
Days on Market
77
median
Sale-to-List
95.4%
of asking
Sales Pace
5.3/mo
last 12 mo
Active Listings
33
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

2 homes pending in Lake Panasoffkee · Avg. $149K

Lake Panasoffkee pending
Pending
$149,000
2 bd1 ba616 sqft
Lake Panasoffkee pending
Pending
$149,500
3 bd1 ba1,284 sqft
Market Snapshot

Lake Panasoffkee · 3rd Quarter 2026

63 sales · Stellar MLS · last 12 mo

$220K

Median Sale Price

77 days

Median Days on Market

95.4%

Sold-to-List

$171

Median $/sqft

Sold-to-List Gauge · 90% → 100% → 105%+95.4%
90%95%100%105%+

Recent Sales Map

43 recent individual sales in and around Lake Panasoffkee · FL public records · no addresses published

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

BedsBathsSq FtListedSoldList PriceSold Price$/Sq FtDOM
2,5945/1/26$462,300$178
2,4015/1/26$410,000$171
1,6705/1/26$300,000$180
1,5865/1/26$265,000$167
1,3295/1/26$220,000$166
7955/1/26$208,000$262
2,5734/1/26$500,000$194
1,5124/1/26$325,000$215
2,0104/1/26$285,900$142
1,9844/1/26$285,000$144
1,5304/1/26$230,000$150
9604/1/26$125,000$130
1,7863/1/26$360,000$202
2,0633/1/26$265,000$128
1,6013/1/26$265,000$166
1,6013/1/26$265,000$166
1,3393/1/26$260,000$194
1,3773/1/26$235,000$171
1,1883/1/26$210,000$177
1,4273/1/26$194,900$137
1,9652/1/26$254,000$129
1,9302/1/26$215,000$111
1,3392/1/26$200,000$149
1,0562/1/26$130,000$123
1,7481/1/26$500,000$286
1,8751/1/26$232,900$124
1,2521/1/26$219,000$175
1,4811/1/26$210,000$142
1,5411/1/26$206,100$134
1,52712/1/25$550,000$360
1,24712/1/25$265,000$213
1,10112/1/25$225,000$204
1,10412/1/25$140,000$127
78412/1/25$140,000$179
1,74011/1/25$380,000$218
2,47511/1/25$350,000$141
1,24811/1/25$200,000$160
2,53910/1/25$590,000$232
2,25610/1/25$275,000$122
1,15910/1/25$228,000$197
1,32010/1/25$215,000$163
96010/1/25$160,000$167
1,44010/1/25$125,000$87
43 sales · FL Dept. of Revenue public records · past 12 months · no addresses published · tap any column to sort

Currently For Sale

33 active listings in Lake Panasoffkee

Browse all Lake Panasoffkee homes for sale
BedsBathsSq FtList Price$/Sq FtDOMPoolWaterfrontView
21784$209,000$267118
431,856$499,900$2691Lake Panasoffkee
422,195$724,900$33032
21672$125,000$1861
22784$139,000$1773
321,310$185,000$14120
321,248$175,000$1401
221,144$134,950$1182
321,548$265,000$17134
22784$139,900$178175
221,094$244,900$22422
321,513$239,900$15964Lake Panasoffkee
421,700$195,000$1157
321,863$275,000$1481Lake Panasoffkee
21766$220,000$2871Water
22720$349,900$486193Lake Panasoffkee
32930$172,000$185233
321,916$339,000$17710Blue Gill Canal
331,476$234,900$15956
321,524$340,000$22362Lake Panasoffkee
0$265,000222
432,538$689,000$27178Withlacoochee River
421,329$420,000$316117Lake Panasoffkee
221,217$284,900$23457
31552$125,000$22632
211,086$425,000$3911
323,206$1,800,000$561357
221,056$125,000$11853
432,821$625,000$2221Lake Panasoffkee
22960$145,000$15130
11792$190,000$2401
0$400,0000
421,684$289,900$172723
All 33 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 6.3 months of inventory. About 6.3 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 $220K, up about 2.3% from a year earlier.

How many homes are for sale in Lake Panasoffkee?+

There are currently 33 active listings in Lake Panasoffkee, with homes selling at roughly 5.3 per month. That works out to about 6.3 months of inventory.

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What Is Your Lake Panasoffkee Home Worth?

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Ryan Solberg, MaxLife Realty

Ryan Solberg

MaxLife Realty

321.373.3536

5.0 ★ · 42 reviews

What clients say

All 42 reviews on Zillow

Wow, what an amazing experience. Ryan was able to help me find the best home in Windermere. He is very knowledgeable and very resourceful. He helped me close a very big deal.

Verified Zillow review · Windermere buyer

My husband and I recently bought our first home and used Ryan Solberg as our realtor. We were nervous to begin the process — Ryan was absolutely outstanding. We could not have had a smoother home buying process.

Verified Zillow review · First-time buyers

Report generated September 20, 2026 at 3:12 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 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 September 20, 2026 at 2:24 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 September 20, 2026 at 2:24 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