The housing market in Inverness, CA is doing relatively well compared to the rest of the country. The median value of a house in Inverness is $1,343,600, much higher than the US median value of $338,100. The US house appreciation rate is 8.27% and in Inverness it is 6.39%, showing that the housing market here has not appreciated as quickly as other areas but is still steadily growing. As such, Inverness provides potential home buyers with a promising investment opportunity in a stable real estate market.
The median home cost in Inverness is $1,343,600. Home appreciation the last 10 years has been 108.2%. Home Appreciation in Inverness is up 15.4%.
Average Age of Homes
- The median age of Inverness real estate is 59 years old
The Rental Market in Inverness
- Renters make up 33.2% of the Inverness population
- 0.8% of houses and apartments in Inverness, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.