Panther Run market snapshot (as of June 25, 2026): the median sale price is about $640K ($222 per sq ft), with homes averaging 1 days on market and 4.0 months of supply, a buyer-leaning market (limited data). Based on 3 recent closings in live Stellar MLS data.
Panther Run is a small single-family home community in Land O Lakes, in Pasco County, ZIP 34639 (Pasco and Land O Lakes real estate community guides, 2026). It is a boutique enclave of around two dozen homes rather than a large subdivision, with homes on Panther Run Court and nearby streets.
Guides describe the community as dating to the early 2000s, with construction completed in the mid 2000s, and homes set on roughly half acre lots surrounded by greenbelt (Pasco and Land O Lakes real estate community guides, 2026). A notable feature cited is a low HOA and no CDD, which keeps the carrying cost lower than many newer Pasco communities. Confirm the exact home size, build year, lot, and fees for any specific property.
Because this is a tiny early 2000s enclave, the money is made or lost on the individual home and the lot, not on a blanket average. The drivers are the specific home and its condition, the size and usability of the half acre lot, and the condition of the roof, HVAC, and other era systems, all of which have to be read for the specific property.
The pitch is space and a low carrying cost in a growing area: half acre lots, greenbelt surroundings, walking and biking paths, and quick access to SR 54, US 41, the Suncoast Parkway, and I-75, with the Cypress Creek Preserve nearby. The work is the diligence: read the home and its systems, confirm the lot and the low HOA, and check any flood and drainage picture before you buy.