All Home Types
Lake Panasoffkee, FL Housing Market
What is the housing market like in Lake Panasoffkee today?
In May 2025, Lake Panasoffkee home prices were up 36.4% compared to last year, selling for a median price of $229K. On average, homes in Lake Panasoffkee sell after 198 days on the market compared to 9 days last year. There were 7 homes sold in May this year, down from 11 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$228,500
+36.4% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Lake Panasoffkee, FL
$228,500
+36.4%
United States
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Lake Panasoffkee Migration & Relocation Trends
In Feb '25 - Apr '25, 39% of Lake Panasoffkee homebuyers searched to move out of Lake Panasoffkee, while 61% 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?
- 61% 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 Cape Coral and Sarasota.
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 | Feb '25 - Apr '25 | ||
| 1 | 2,883 | ||
| 2 | 2,262 | ||
| 3 | 1,529 | ||
| 4 | 1,005 | ||
| 5 | 927 | ||
| 6 | 869 | ||
| 7 | 727 | ||
| 8 | 563 | ||
| 9 | 561 | ||
| 10 | 453 | ||
People are leaving Lake Panasoffkee for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 740 | ||
| 2 | 660 | ||
| 3 | 658 | ||
| 4 | 319 | ||
| 5 | 210 | ||
| 6 | 114 | ||
| 7 | 87 | ||
| 8 | 76 | ||
| 9 | 75 | ||
| 10 | 69 | ||
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.
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