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2024 Compare Cities Housing:
Inverness, IL vs Merritt Island, FL

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Highlights
- The median age of a home in Inverness is 26.3% younger than the median age of a home in Merritt Island.

Housing
 Inverness, ILMerritt Island, FLUnited States
 Median Home Age384842
 Median Home Cost$656,500$433,900$338,100
 Home Appr. Last 12 months14.5%26.8%16.6%
 Home Appr. Last 5 yrs.31.8%85.7%57.0%
 Home Appr. Last 10 yrs.54.6%211.6%101.1%
 Property Tax Rate$21.0$7.4$11.0
 Homes Owned89.5%65.2%57.4%
 Housing Vacant9.5%19.6%11.2%
 Homes Rented0.9%15.2%31.4%
 space
 Avg Rent For Home Or Apartment
 Inverness, ILMerritt Island, FLUnited States
 Average Rent$2,410$1,780$1,840
 Studio Apartment$1,550$950$1,080
 1 Bedroom Home or Apartment$1,680$1,120$1,180
 2 Bedroom Home or Apartment$1,930$1,350$1,430
 3 Bedroom Home or Apartment$2,450$1,800$1,860
 4 Bedroom Home or Apartment$2,910$2,150$2,160
 space1
 Vacant Housing
 Inverness, ILMerritt Island, FLUnited States
 Vacant For Rent0.0%4.3%1.9%
 Vacant Rented0.0%0.0%0.4%
 Vacant For Sale3.5%1.1%0.7%
 Vacant Sold1.8%0.5%0.4%
 Vacant Vacation2.1%9.0%3.6%
 Vacant Other2.2%4.6%4.1%
 space2
 Owner-Occupied Housing Value
 Inverness, ILMerritt Island, FLUnited States
 Less Than $20,0000.0%1.2%2.6%
 $20,000 to $39,9990.0%1.2%2.4%
 $40,000 to $59,9990.0%0.6%2.8%
 $60,000 to $79,9990.5%1.0%3.9%
 $80,000 to $99,9990.5%1.6%4.5%
 $100,000 to $149,9990.0%6.5%11.3%
 $150,000 to $199,9990.7%12.8%13.0%
 $200,000 to $299,9992.9%21.6%20.1%
 $300,000 to $399,99911.0%21.5%13.6%
 $400,000 to $499,99911.0%14.9%8.3%
 $500,000 to $749,99941.7%9.6%9.7%
 $750,000 to $999,99923.5%3.7%3.9%
 $1,000,000 to $1,499,9996.4%1.7%2.2%
 $1,500,000 to $1,999,9991.1%1.2%0.8%
 $2,000,000 and over0.8%1.0%1.1%
 space3
 Housing Units By Year Built
 Inverness, ILMerritt Island, FLUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 201416.1%8.6%13.6%
 2000 to 200916.1%8.6%13.6%
 1990 to 19999.6%10.7%13.6%
 1980 to 198933.1%17.1%13.2%
 1970 to 197914.9%16.8%14.8%
 1960 to 19699.6%10.7%13.6%
 1950 to 19596.0%8.7%10.0%
 1940 to 19493.7%0.1%4.7%
 1939 or Earlier5.2%0.9%12.2%

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Reviews for Inverness    1 Reviews

Over 17 years ago

Great location if you work nearby or have kids in school. Otherwise you pay areal premium for this community with minimal  More

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Reviews for Merritt Island    5 Reviews

Over 10 years ago

It can get hot in the summer, but you get a breeze off the ocean most afternoons. If you live on the waterways, it seems to be a little cooler. Winters are  More

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Over 13 years ago

New to the area, but soon to know more. Florida is a sunshine state  More

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Over 16 years ago

Coming from Virginia, the Merritt Island architecture leaves a lot to be desired. Hurricane season (June - November) causes me a lot of  More

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ZIPS IN INVERNESS, ILLINOIS
No Zip Codes Here.
ZIPS IN MERRITT ISLAND, FLORIDA
32953 32952

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