All Home Types
Lake Panasoffkee, FL Housing Market
What is the housing market like in Lake Panasoffkee today?
In October 2024, Lake Panasoffkee home prices were up 73.6% compared to last year, selling for a median price of $212K. On average, homes in Lake Panasoffkee sell after 60 days on the market compared to 59 days last year. There were 9 homes sold in October this year, up from 2 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$212,000
+73.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Panasoffkee, FL
$212,000
+73.6%
United States
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Lake Panasoffkee Migration & Relocation Trends
In Sep '24 - Nov '24, 38% of Lake Panasoffkee homebuyers searched to move out of Lake Panasoffkee, while 62% looked to stay within the metropolitan area.
- Across the nation, 2% of homebuyers searched to move into Lake Panasoffkee from outside metros.
- New York homebuyers searched to move into Lake Panasoffkee more than any other metro followed by Miami and Washington.
Where are people moving to Lake Panasoffkee from?
- 62% of Lake Panasoffkee homebuyers searched to stay within the Lake Panasoffkee metropolitan area.
- Palm Bay was the most popular destination among Lake Panasoffkee homebuyers followed by Jacksonville and Cape Coral.
Where are people from Lake Panasoffkee moving to?
Number of People Moving to Lake Panasoffkee
least
most
People are moving to Lake Panasoffkee from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,999 | ||
| 2 | 1,513 | ||
| 3 | 981 | ||
| 4 | 615 | ||
| 5 | 585 | ||
| 6 | 459 | ||
| 7 | 416 | ||
| 8 | 381 | ||
| 9 | 361 | ||
| 10 | 90 | ||
People are leaving Lake Panasoffkee for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 523 | ||
| 2 | 444 | ||
| 3 | 389 | ||
| 4 | 331 | ||
| 5 | 239 | ||
| 6 | 96 | ||
| 7 | 77 | ||
| 8 | 75 | ||
| 9 | 68 | ||
| 10 | 63 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Panasoffkee.
Provided by First Street Foundation
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