As-is Deals in Lake Panasoffkee, FL

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Foreclosure Homes in Lake Panasoffkee, FL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lake Panasoffkee, FL area at Get information on foreclosure homes for rent, how to buy foreclosures in Lake Panasoffkee, FL and much more. Save thousands at closing with home foreclosure listings in Lake Panasoffkee, FL — up to 75% off market value!

Top Reasons To Live In Lake Panasoffkee, FL In 2023

Lake Panasoffkee is located in Sumter, Florida, with an estimated municipal population of 3,197 residents. All of the best foreclosed homes for sale in Lake Panasoffkee are located in the following zip code areas on 33538. The estimated population per square kilometer (.62 miles) in Lake Panasoffkee is 311.

Cost Of Living In Lake Panasoffkee, FL

So, about how much do homes cost in Lake Panasoffkee? The most recent median value of resident-owned homes in Lake Panasoffkee is 74,764. An estimated 82.2 percent of households in Lake Panasoffkee own their homes, with an average family size of 2.89. The median household income in Lake Panasoffkee is 35,842, with8.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lake Panasoffkee, the median commute time of resident workers (in minutes) is 29. And last, but certainly not least, are you looking for homes to rent in Lake Panasoffkee? If so, the average rent price paid by renters in Lake Panasoffkee is 838, according to recent statistics.

Diversity And Demographics In Lake Panasoffkee, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lake Panasoffkee, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lake Panasoffkee is 57.6, split between 48 percent male versus 52 female. The percentage of residents who report being married in Lake Panasoffkee is 50.1, with an average family size of 2.89.

The percentage of residents who report their race in Lake Panasoffkee is as follows:

White 97.8%
Black / African American 0.3%
Asian 0.6%
American Indian / Alaskan Native 0.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Lake Panasoffkee? Or maybe you are searching for 55+ active adult communities in and/or near Lake Panasoffkee?

The percentage of residents who report their age in Lake Panasoffkee is as follows:

Under 10 7.6%
Aged 10-19 6%
20s 6.2%
30s 7.7%
40s 8.9%
50s 19.2%
60s 23.4%
70s 13.2%
80+ 7.9%

Best Schools In Lake Panasoffkee, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lake Panasoffkee with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lake Panasoffkee.

Pros And Cons Of Living In Lake Panasoffkee, Florida

How do you know that living in -- or moving to -- Lake Panasoffkee is right where you need to be? Perhaps you grew up in Lake Panasoffkee or already live nearby; therefore, the decision to buy a home in Lake Panasoffkee is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lake Panasoffkee for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lake Panasoffkee:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lake Panasoffkee.

Reasons To Move To Lake Panasoffkee, Florida, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lake Panasoffkee can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lake Panasoffkee, meanwhile, can field multiple offers from more qualified buyers.

Lake Panasoffkee, FL As-is Deals


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