Inverness, MI Housing


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United States / Michigan / No Metro Area / Cheboygan County / Inverness / Zip Codes
Inverness, MI has an impressive median housing value of $216,900, significantly higher than the US median housing value of $338,100. Additionally, in the past year Inverness has experienced an impressive house appreciation rate of 16.52%, nearly double the national average of 8.27%. This high rate of appreciation and relatively high housing values mean that Inverness is a great place to invest in real estate.

The median home cost in Inverness is $216,900. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Inverness is up 21.4%.

Average Age of Homes
- The median age of Inverness real estate is 42 years old
The Rental Market in Inverness
- Renters make up 14.6% of the Inverness population
- 0.0% 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingInverness, MichiganUnited States
  1,237.0139,647,020.0
  3842
  $216,900$338,100
  21.4%16.6%
  68.6%57.0%
  98.7%101.1%
  $9.72$10.98
  $1,473$2,690
  59.7%57.4%
  34.7%11.2%
  5.7%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  1.0%0.4%
  28.1%3.6%
  5.7%4.1%
  Value of Owner-Occupied Housing
  1.5%2.6%
  4.9%2.4%
  6.5%2.8%
  8.4%3.9%
  7.0%4.5%
  20.7%11.3%
  29.7%13.0%
  10.6%20.1%
  1.8%13.6%
  3.3%8.3%
  5.1%9.7%
  0.0%3.9%
  0.0%2.2%
  0.5%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  12.1%13.6%
  12.1%13.6%
  23.7%13.6%
  14.7%13.2%
  15.1%14.8%
  23.7%13.6%
  6.9%10.0%
  3.7%4.7%
  7.8%12.2%
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