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LAKE PANASOFFKEE, FL 33538

Real Estate Market Report  ·  Sumter County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
32
⇩ 25.6% vs 43 last year
Pending
7
22% pending ratio
Median Price
$269,900
⇧ 16.7% vs $231,200 last year
Average Price
$360,100
⇧ 16.9% vs $308,029 last year
Days on Market
119
⇧ 10.2% vs 108 days last year

Market Context

Population: 5,599  ·  Density: 24.3/mi²  ·  Median household income: $47,306

Typical home value: $139,730  ·  Homeownership: 75.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LAKE PANASOFFKEE, FL real estate market (33538) currently shows 32 active listings, with 7 pending sales. Homes are averaging 119 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 119 days on market compared to 108 days last year.

The median listing price has risen 16.7% year-over-year, from $231,200 to $269,900.

Whether you are buying or selling in LAKE PANASOFFKEE, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 43 last year
  • Days on market: 119 now vs 108 last year

Median & Average Pricing

Year over Year
  • Median: $269,900 (+16.7% YoY)
  • Average: $360,100 (+16.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.3 miles — 1,819 listings ($766,862,223 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33538Lake Panasoffkee, FL 335380.0 mi32$11,523,200$269,900$360,100
33521Coleman, FL 335217.3 mi5$1,867,500$350,000$373,500
34484Oxford, FL 344848.3 mi56$23,922,416$385,875$427,186
34436Floral City, FL 3443610.6 mi42$19,281,234$287,450$459,077
33585Sumterville, FL 3358511.6 mi14$4,803,078$293,990$343,077
33513Bushnell, FL 3351312.3 mi44$29,450,520$499,500$669,330
34491Summerfield, FL 3449113.2 mi442$163,394,582$309,900$369,671
34442Hernando, FL 3444213.9 mi239$105,169,560$399,999$440,040
34476Ocala, FL 3447616.5 mi433$154,690,549$319,900$357,253
34445Holder, FL 3444517.0 mi0$0$165,000$165,000
34762The Villages, FL 3476217.3 mi60$30,569,100$389,900$509,485
32159Lady Lake, FL 3215917.6 mi274$117,416,124$354,990$428,526
34480Ocala, FL 3448018.3 mi178$104,774,360$357,500$588,620

Frequently Asked Questions

How many homes are for sale in LAKE PANASOFFKEE, FL 33538?

As of January 2026, there are 32 active listings in LAKE PANASOFFKEE, FL (zip code 33538), compared to 43 the prior year.

What is the median home price in LAKE PANASOFFKEE, FL 33538?

The median listing price in LAKE PANASOFFKEE, FL 33538 is $269,900 as of January 2026, a 16.7% increase from $231,200 the prior year.

How long do homes stay on the market in LAKE PANASOFFKEE, FL?

Homes in LAKE PANASOFFKEE, FL 33538 spend an average of 119 days on the market before going under contract, compared to 108 days the prior year.

Is it a seller's or buyer's market in LAKE PANASOFFKEE, FL 33538?

Based on current inventory and days-on-market data as of January 2026, LAKE PANASOFFKEE, FL 33538 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 119 days on market compared to 108 days last year.

How much can I save on real estate commission in LAKE PANASOFFKEE, FL?

With SELL123.com's maximum 3% commission, sellers in LAKE PANASOFFKEE, FL 33538 save an estimated $5,398 compared to a typical 5% commission on the median listing price of $269,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.