Lake Panasoffkee Elementary School

It's a quiet, lake-centered community in rural Sumter County that suits people who want space, water access, and an unhurried pace. The zone feeds into South Sumter High School, and with 15 active waterfront listings, fishing and lake life are genuinely part of daily living here.

Not by Central Florida standards — the median list price is $269,250 and the median home sold for $239,000 over the past year. Prices run from $50,000 at the low end up past $3,250,000 for the largest waterfront properties, so there's real range across the 80 Lake Panasoffkee homes for sale.

Expect to pay around $265 per square foot, with a median home size near 1,252 square feet. That puts a typical home in the $239,000 to $269,000 window, though seven of the current active listings are priced above $1 million.

It's steady and balanced — 153 homes sold in the last 12 months, and the median listing takes about 38.5 days to go under contract. Sellers are averaging 95% of asking, so well-priced homes move without dragging on.

Costs stay low here: the median property tax is roughly $1,212 a year and median HOA dues run about $70 a month where a community charges them. Many properties in the zone carry no HOA at all, which appeals to buyers who want fewer restrictions.