Lake Panasoffkee, FL Real Estate

According to census data in the year 2000 there were 2,423 housing units in Lake Panasoffkee. This represents a 27.7% growth from 1,897 in 1990.

Of those housing units, 2,239 were located in either urbanized areas or urban clusters, and 184 were located in what is classified as a rural area.

Homeownership rate in Lake Panasoffkee is about 85.2%. Lake Panasoffkee's vacancy rate, including seasonal lodging, is about 30.7%. Average household size is 2.05 people.

The majority of houses, apartments or condos in Lake Panasoffkee were built after 1978.


Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom17.50%
Two Bedrooms51.40%
Three Bedrooms25.70%
Four Bedrooms2.80%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1979
Median Value of occupied units$62,000
Median Price asked for vacant units$10,000

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1974
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.90%
Home Equity Loan2.80%
Simple Mortgage36.50%
Debt Free55.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.3%