How much do homes in Lake Panasoffkee, FL cost?

Median List Price

$160,074

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$10,173(+6.8%)

Key Takeaway

The list price of homes in Lake Panasoffkee has increased by 6.8% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $62K$49.9K-19.5%
2 $119.9K$147K+22.6%
3 $154.9K$174K+12.3%
4 $219.9K$289.8K+31.8%
5+ $439.9K$439.9K0.0%

Median List Price Compared To Nearby Cities

Sumterville
+50.7%
Hernando
+23.4%
Bushnell-Center Hill
+16.7%
Lake Panasoffkee
+6.8%
Floral City
+0.8%

How many homes are available in Lake Panasoffkee, FL?

Number of Homes For Sale

Apr 2021May 2021%
19190.0%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 21-50.0%
2 68+33.3%
3 660.0%
4 21-50.0%
5+ 330.0%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
186 Days149 Days-20.1%

Breakdown of Home Sale Times

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About Lake Panasoffkee, FL

There are 19 homes are for sale in Lake Panasoffkee, FL real estate market.

The median list price of listings available in May 2021 was $160,074, while the average time on the real estate market was 149 days.

This housing market listing prices have changed between April 2021 and May 2021: 1 bedroom properties became 19.5% more cheaper, prices of 2 bedrooms properties increased by 22.6%, the cost of 3 bedrooms properties went up by 12.3%, 4 bedrooms properties prices increased by 31.8%, 5 bedrooms properties prices did not change.

The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 50%, the quantity of 2 bedrooms homes went up by 33.3%, 3 bedrooms homes inventory did not change, 4 bedrooms homes inventory decreased by 50%, the quantity of 5 bedrooms homes have not changed.

In May 2021 more than 1 listings in Lake Panasoffkee, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below.

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