Zip 33538 (Lake Panasoffkee, FL) Housing

The housing in 33538 Lake Panasoffkee, FL is on the upswing, as evidenced by its median value of $211,700. This is significantly lower than the US median house value of $338,100, but it also has a one year appreciation rate of 20.71%, which is over double the US one year appreciation rate of 8.27%. This reflects a strong rise in housing prices and indicates that now may be an ideal time for prospective homeowners to take advantage of this market in Lake Panasoffkee.

The median home cost in Lake Panasoffkee (zip 33538) is $211,700. Home appreciation the last 10 years has been 181.6%. Home Appreciation in Lake Panasoffkee (zip 33538) is up 28.5%.

Average Age of Homes

- The median age of Lake Panasoffkee (zip 33538) real estate is 35 years old

The Rental Market in Lake Panasoffkee (zip 33538)

- Renters make up 14.4% of the Lake Panasoffkee (zip 33538) population
- 0.5% of houses and apartments in Lake Panasoffkee (zip 33538), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake Panasoffkee, Florida	United States
	3,019.0	139,647,020.0
	36	42
	$211,700	$338,100
	28.5%	16.6%
	91.5%	57.0%
	181.6%	101.1%
	$9.44	$10.98
	$767	$2,690
	59.3%	57.4%
	23.7%	11.2%
	17.1%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	1.7%	0.4%
	15.4%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	7.1%	2.6%
	11.5%	2.4%
	2.8%	2.8%
	8.5%	3.9%
	13.2%	4.5%
	14.2%	11.3%
	16.0%	13.0%
	18.4%	20.1%
	4.8%	13.6%
	3.2%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	16.5%	13.6%
	26.6%	13.2%
	17.5%	14.8%
	16.5%	13.6%
	6.1%	10.0%
	1.1%	4.7%
	0.9%	12.2%

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