Lake Panasoffkee, FL Housing Market & City Data

Explore key insights and real experiences from people who call Lake Panasoffkee home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

3,197
Population Estimate
$74,764
Median Home Value
97.0%
Employment Rate
10.9%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$232
Median Listing Price$282,450
Median Days on Market88
Active Listings21
New Listings2
Total Listings (Active + Pending)27
Avg Listing Price$398,651
Avg Listing Price Change MoM15%
Avg Listing Price Change YoY-2%

HOUSEHOLD OVERVIEW

Family Size2.89
Family Dual Income31.2
Median Household Income$35,842
Median Individual Income$19,544
Home Ownership82.2%
Home Value$74,764
Median Rent$838
Rent Burden63.6%
Poverty20.2%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED16.5%
  • Highschool Education46.8%
  • Some College25.8%
  • Bachelors Degree6.9%
  • Graduate Degree4.0%
  • Total College or Above10.9%
  • Stem Degree62.5%

GENDER BREAKDOWN

  • Male48.0%
  • Female52.0%

MARITAL STATUS

  • Married50.1%
  • Divorced16.0%
  • Never Married20.2%
  • Widowed13.7%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityLake Panasoffkee
State IDFL
Population3,197

AGE BREAKDOWN

Age Group% of Population
Under 1813.6%
19–296.2%
30–397.7%
40–498.9%
Age Group% of Population
50–5919.2%
60–6923.4%
70–7913.2%
80+7.9%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation41.3%
Unemployment Rate3.0%
Disabled25.7%

ETHNICITY

White97.8%
Black0.3%
Asian0.6%
Native American0.9%
Pacific Islander0.0%
Other0.3%
Multiple0.0%

OTHER

Hispanic4.9%
Limited English1.4%
Health Uninsured9.2%
Veteran14.8%

Local Discussions

Community questions and conversations about living in Lake Panasoffkee, FL.

  1. Is Lake Panasoffkee, FL a good place to buy a house?

    Local perspectives on Lake Panasoffkee home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Lake Panasoffkee, FL for families?

    Local insights on Lake Panasoffkee neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Lake Panasoffkee, FL housing market?

    Local insights on Lake Panasoffkee home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Lake Panasoffkee, FL?

    Compare Lake Panasoffkee home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Lake Panasoffkee, FL?

    Explore Lake Panasoffkee neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Lake Panasoffkee, FL?

    Learn how Lake Panasoffkee home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Lake Panasoffkee, FL?

    Learn how Lake Panasoffkee property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Lake Panasoffkee, FL for first-time home buyers?

    Explore Lake Panasoffkee neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Lake Panasoffkee, FL?

    Local perspectives on Lake Panasoffkee neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Lake Panasoffkee, FL?

    What newcomers should know about Lake Panasoffkee housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Lake Panasoffkee, FL

Neighborhoods in Lake Panasoffkee, FL

Get to know neighborhoods in Lake Panasoffkee, ordered by the number of properties in the provider sample.

  • Panasoffkee

    Panasoffkee Estates ↗

    Median asking price
    $89,900
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    16
    B

    Nearby schools · estimated

    6/10 · 3 schools

  • Shady Acres

    Shady Acres ↗

    Median asking price
    $149,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    6
    B

    Nearby schools · estimated

    6/10 · 3 schools

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.