Home Values

Lake Panasoffkee Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$103,500

  • 7.8% 1-year change
  • None 1-year forecast

The median home value in Lake Panasoffkee is $103,500. Lake Panasoffkee home values have gone up 7.8% over the past year. The median list price per square foot in Lake Panasoffkee is None.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lake Panasoffkee is 7.1%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lake Panasoffkee homeowners underwater on their mortgage is 24.9%.

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Relative ZHVI
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Lake Panasoffkee Market Overview

Data through Apr 30, 2015
  • $103,500 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No recent data Median sale price
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Lake Panasoffkee Market Health

Data through Apr 30, 2015
  • 2.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 24.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 7.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
The Villages $200,600
Lecanto $139,300
Hernando $138,700
Name Median ZHVI
Summerfield $126,200
Bushnell $117,400
Belleview $107,100
Name Median ZHVI
Wildwood $104,500
Floral City $100,200
Inverness $77,200

Listings & Sales

  • No data
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Lake Panasoffkee Rentals

Data through Apr 30, 2015
  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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