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Featured local agent — Inverness, FL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Inverness, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Inverness, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Inverness, FL Housing Market & Real Estate

Balanced market+10.1% YoY

Housing market overview · Updated monthly ·

$230,000median sale price

How is the Inverness, FL housing market right now?

The median home sale price in Inverness, FL is $230,000, up 10.1% year-over-year. Homes sell in an average of 109 days with 64 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Inverness a buyer's or seller's market?

Balanced market2.4 months of supply109 avg. days on market

Inverness, FL is currently a balanced market, based on 2.4 months of supply and homes selling in about 109 days. How we determine this →

Homes sold

27

Last 12 weeks

Days on market

109

Average pace

Active listings

64

2.4 months supply

Sale-to-list

97.4%

Below asking

What does the Inverness housing market data show?

Current housing market statistics for Inverness, FL
MetricValue
Median sale price$230,000
Median list price$209,900
Year-over-year price change+10.1%
Average days on market109 days
Active inventory64 listings
Months of supply2.4 months
Sale-to-list price ratio97.4%
Median price per sq ft$162/sq ft
Homes sold (latest month)27
New listings (latest month)19
Listings with a price cut62.5%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Inverness by property type?

How the Inverness, FL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Inverness, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$244,900$169/sq ft2299 days
Condo / Co-op$137,250$132/sq ft4263 days
Townhouse$221,500$146/sq ft123 days

Source: Redfin · Updated monthly

The Inverness housing market is currently classified as a balanced market with a median sale price of $230,000. Prices have risen 10.1% compared to last year, with homes spending an average of 109 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Inverness

There are currently 64 homes listed for sale in Inverness, Florida. The median listing price is $210K.

Active listings

64

Homes on market

Median list price

$210K

Avg. days on market

109

Days until sale

New this week

19

Newly listed

Price drops:62.5%of listings
Sale-to-list:97.4%

Who lives in Inverness?

Population

7,672

Median income

$44,899/yr

Median age

56 years

Owner-occupied

69.9%

College grads

21.0%

Avg commute

23 min

Source: U.S. Census Bureau ACS

What are homes worth in Inverness?

Zillow home value

$241,121

Zillow rent index

$1,627/mo

Price-to-rent ratio

12.3x

Price-to-income

5.4x

Source: Zillow Research

What is it like to live in Inverness?

Inverness is a community of approximately 8K residents with a median age of 56 years.The median household income is $44,899, which represents a working-class community with solid middle-income opportunities. 21.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 69.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 23 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Inverness offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Inverness?

7 schools tracked · 3,895 students

The largest public schools serving Inverness, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

CITRUS HIGH SCHOOL

Grades 9-12 · 1,486 students

Public

INVERNESS MIDDLE SCHOOL

Grades 6-8 · 1,007 students

Public

INVERNESS PRIMARY SCHOOL

Grades PK-5 · 698 students

Public

PLEASANT GROVE ELEMENTARY SCHOOL

Grades PK-5 · 633 students

Public

CITRUS ESCHOOL

Grades K-12 · 71 students

Public

WITHLACOOCHEE TECHNICAL COLLEGE

Grades 11-12

Vocational

CITRUS VIRTUAL INSTRUCTION PROGRAM

Grades K-12

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Inverness, FL?

Want a head-to-head view? Compare Inverness side-by-side with any other U.S. city using our market-comparison tool.

Is Inverness a good real estate investment market?

For investors evaluating Inverness, the price-to-rent ratio of 12.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 10.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Inverness's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Inverness's median home price.

Frequently asked questions

What is the average home price in Inverness?

The median home sale price in Inverness is $230,000, up 10.1% from last year.

How long do homes stay on market in Inverness?

Homes typically spend 109 days on market before going under contract.

What is the median income in Inverness?

The median household income is $44,899 per year.

Is Inverness a buyer's or seller's market?

With 2.4 months of supply, Inverness is currently a balanced market.

What is the Zillow home value estimate for Inverness?

The Zillow Home Value Index (ZHVI) for Inverness is $241,121, representing the typical home value in the area.

What is the median condo price in Inverness?

The median condo/co-op sale price in Inverness, FL is $137,250, compared to $244,900 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Inverness?

The median single-family home price in Inverness, FL is $244,900 (about $169 per square foot).

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