Lake Panasoffkee Real Estate

Lake Panasoffkee is a small city located in Sumter County, Florida, USA. The city is named after the nearby natural freshwater lake of the same name. Lake Panasoffkee is a quiet and peaceful community and the name Panasoffkee is derived from the Seminole language and means "place of many fish". The city is known for its outdoor recreational opportunities, such as fishing, boating, and birdwatching. There are several parks and nature reserves in and around the city, including the Lake Panasoffkee Wildlife Management Area and the Withlacoochee State Trail. Lake Panasoffkee is also home to a few local businesses, such as restaurants, gas stations, and convenience stores. Overall, Lake Panasoffkee is a charming small town with a focus on nature and outdoor activities.

Lake Panasoffkee - Town vs. County Stats

Avg Price in Lake Panasoffkee: $367,400 / County Avg $493,600

74%

Avg Taxes in Lake Panasoffkee: $1,700 / County Avg $2,400

71%

Avg Sq. Ft. in Lake Panasoffkee: 2,501 / County Avg 1,743

143%

Avg Price per/sqft in Lake Panasoffkee:$147 / County Avg $283

52%

Avg Walkscore in Lake Panasoffkee: 8 / County Avg 13

63%

Avg Year Built in Lake Panasoffkee: 1985 / County Avg 2004

99%

Avg Days on Website in Lake Panasoffkee: 151 / County Avg 88

172%

Lake Panasoffkee Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales