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Foreclosure Homes in Lake Panasoffkee, FL

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Lake Panasoffkee, FL Foreclosures

How much do homes sell for in Lake Panasoffkee, FL?
The average home price is currently $190,418.
In Lake Panasoffkee, FL, how many homes are available?
There are currently 14 active home listings available in Lake Panasoffkee.
What’s the average rental cost in Lake Panasoffkee, FL?
The average rental price in Lake Panasoffkee is $1,086.
What is the most expensive home in Lake Panasoffkee?
The most expensive home sold in Lake Panasoffkee had a price of $3,349,900.
What is currently the cheapest priced home in Lake Panasoffkee, FL?
The cheapest home for sale in Lake Panasoffkee is priced at $10,812.

Living in Lake Panasoffkee, FL

Lake Panasoffkee, FL, is a peaceful small town situated in Sumter County, offering a tranquil environment surrounded by natural beauty. Known for its scenic lake, residents engage in various outdoor activities such as fishing and boating. With a strong sense of community and convenient access to nearby urban areas, it's an ideal place for families and retirees.

Current Market Conditions in Lake Panasoffkee, FL

The current real estate market in Lake Panasoffkee is experiencing a positive trend, with increased activity and a boost in property values. Homes in this charming town are sought after for their affordability and proximity to outdoor recreational activities, particularly on the lake, making it an attractive option for both first-time buyers and retirees.

In recent months, the market has shown a consistent increase in demand, especially for homes with lake views or easy access to recreational areas. The combination of a peaceful lifestyle and accessibility to larger cities continues to draw homebuyers to Lake Panasoffkee.

Home Value Estimator For Lake Panasoffkee, FL

There are currently 2,525 real estate properties in Lake Panasoffkee, FL, with a median automated valuation model (AVM) price of $158,119.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Panasoffkee, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Panasoffkee, FL, is $190,418.00, with the most expensive house in Lake Panasoffkee, FL, topping out at $3,349,900.00 and the cheapest home in Lake Panasoffkee, FL, clocking in at $10,812.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Panasoffkee, FL!

Rent Prices In Lake Panasoffkee, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Panasoffkee, FL, is on a rollercoaster ride. The average rent price in Lake Panasoffkee, FL, is $1,086.00. Indeed, when looking to rent in Lake Panasoffkee, FL, you can expect to pay as little as $590.00 or as much as $3,280.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Lake Panasoffkee, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Panasoffkee, FL Foreclosures


Market Trend for Lake Panasoffkee, FL

Total Listings Available: 14

Market Values:

Home Prices from $10,812 to $3,349,900

Average Sales Price: $190,418

Rental Values:

Rental from $590 to $3,280

Average Rent Value: $1,086 / month

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