The Inverness housing market is somewhat competitive. The median sale price of a home in Inverness was $250K last month, down 1.6% since last year. The median sale price per square foot in Inverness is $168, down 4.0% since last year.
What is the housing market like in Inverness today?
In April 2024, Inverness home prices were down 1.6% compared to last year, selling for a median price of $250K. On average, homes in Inverness sell after 32 days on the market compared to 45 days last year. There were 29 homes sold in April this year, up from 15 last year.
$247K
Sale Price
-4.4% since last year
$168
Sale $/Sq. Ft.
-4.0% since last year
Under List Price
4.5%
Days on Market
43
Down Payment
57.7%
Total Homes Sold
27
To compare other locations to the Inverness and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Inverness add value to a home.
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How hot is the Inverness housing market?
Inverness is somewhat competitive. Homes sell in 43 days.
0
100
53
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 43 days.
Hot homes
can sell for around list price and go pending in around 14 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Inverness housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Inverness.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Inverness has a moderate risk of flooding. 624 properties in Inverness are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Inverness. Flood risk is increasing slower than the national average.
94% of properties are at risk of wildfire over the next 30 years
Fire Factor
Inverness has a moderate risk of wildfire. There are 5,929 properties in Inverness that have some risk of being affected by wildfire over the next 30 years. This represents 94% of all properties in Inverness.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Inverness has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Inverness is most at risk from hurricanes. 6,250 properties in Inverness have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 173 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 177 mph.