The housing market in Inverness, CO is a thriving one. It has a median value of $738,600, which is far higher than the US house median value of $338,100. The 1 year US house appreciation rate is 8.27%, whereas in Inverness it is even higher at 9.31%. This shows that the housing market there continues to be strong and indicates that more people are interested in investing in the area. This means that people looking to purchase a home or invest in real estate have great opportunities to do so in Inverness.
The median home cost in Inverness is $738,600. Home appreciation the last 10 years has been 143.6%. Home Appreciation in Inverness is up 13.7%.
Average Age of Homes
- The median age of Inverness real estate is 11 years old
The Rental Market in Inverness
- Renters make up 75.6% of the Inverness population
- 4.8% 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.