Inverness, IL

Balanced market+0.7% YoY

Housing market overview · Updated weekly

$874,750median sale price

Homes sold

6

Last 12 weeks

Days on market

149

Average pace

Active listings

16

2.7 months supply

Sale-to-list

95.1%

Below asking

The Inverness housing market is currently classified as a balanced market with a median sale price of $874,750. Prices have risen 0.7% compared to last year, with homes spending an average of 149 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Inverness

There are currently 16 homes listed for sale in Inverness, Illinois. The median listing price is $1.0M.

Active listings

16

Homes on market

Median list price

$1.0M

Avg. days on market

149

Days until sale

New this week

9

Newly listed

Price drops:12.5%of listings
Sale-to-list:95.1%

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Frequently asked questions

What is the average home price in Inverness?

The median home sale price in Inverness is $874,750, up 0.7% from last year.

How long do homes stay on market in Inverness?

Homes typically spend 149 days on market before going under contract.

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

With 2.7 months of supply, Inverness is currently a balanced market.

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