Inverness, FL Home Values & Market Trends

Real estate market trends reflect that there have been 995 transactions over the past year in Inverness. The median value for residential home transactions that occurred over the previous year is $254,408.86. The number of current listings in Inverness is 252, and the percentage of properties for sale in the city is 252.00%. Inverness, FL currently has 18 properties in foreclosure, 1 bank owned properties, 6 properties headed for auction, and 252 properties for sale.

Inverness, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
34450

$ 271,950

$ 180/sqft

34452

$ 243,720

$ 171/sqft

34453

$ 307,400

$ 183/sqft

Housing Market Summary for Inverness, FL

Mar 2023February 2024Change
Median Listing Price$261K$254.1K-2.63%
Median Sold Price$253K$254.1K0.43%
Homes For Sale19824724.75%
Homes Sold6246412.72%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Inverness, FL

Inverness home values range from $21,839 to $6,551,583. The median estimated value of a home in Inverness is $254,408.86. The median list price of a home is 274,900, and the total count of properties in the city is 16,343.

Foreclosure
There are 3 zips within Inverness, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $331,645 in 34453 to the lowest value of $160,491 in 34453. Foreclosure homes account for 0.00% of properties in Inverness, FL with 34452 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in Inverness, FL with 34452 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Inverness, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $410,469 in 34450 to the lowest home value of $160,491 in 34453.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Inverness, FL ranges from the highest value of $199,400 in 34450 to the lowest value of $199,400 in 34450. Bank owned homes and properties account for 0.01% of properties in Inverness, FL. There are 3 zips within Inverness, FL; 34450 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    34453 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Inverness, FL. Auction homes and other auction properties account for 0.04% of all properties in Inverness, FL. There are 3 zips within Inverness, FL; of those zips, the median estimated home value for homes going to auction ranges from $560,230 in 34450 to the lowest value of $198,167 in 34450.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.54% of residential properties in Inverness, FL with 34450 containing 100 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Inverness, FL; homes for sale in those zips, have a range of median values from $824,655 in 34450 to the lowest value of $84,698 in 34453.
    Sold Homes
    The median value for recently sold homes ranges from $741,440 in 34452 to the lowest price of $27,942 in 34452. There are 3 zips within Inverness, FL. 34452 has 239 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.84% of properties in Inverness, FL.

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