Lake Panasoffkee, FL

Balanced market+55.5% YoY

Housing market overview · Updated weekly

$215,000median sale price

Homes sold

5

Last 12 weeks

Days on market

71

Average pace

Active listings

24

4.8 months supply

Sale-to-list

100.8%

Above asking

The Lake Panasoffkee housing market is currently classified as a balanced market with a median sale price of $215,000. Prices have risen 55.5% compared to last year, with homes spending an average of 71 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lake Panasoffkee

There are currently 24 homes listed for sale in Lake Panasoffkee, Florida. The median listing price is $225K.

Active listings

24

Homes on market

Median list price

$225K

Avg. days on market

71

Days until sale

New this week

7

Newly listed

Price drops:8.3%of listings
Sale-to-list:100.8%

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Frequently asked questions

What is the average home price in Lake Panasoffkee?

The median home sale price in Lake Panasoffkee is $215,000, up 55.5% from last year.

How long do homes stay on market in Lake Panasoffkee?

Homes typically spend 71 days on market before going under contract.

Is Lake Panasoffkee a buyer's or seller's market?

With 4.8 months of supply, Lake Panasoffkee is currently a balanced market.

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