Inverness, CA (94937) has a housing median value of $1,358,700, which is significantly higher than the US national Housing Median Value of $338,100. While the US 1 year House Appreciation rate is 8.27%, Inverness only had a 6.39% appreciation rate during the same period. This suggests that although Inverness may be an expensive place to buy a home, it is not rapidly appreciating at the same rate as other areas in the country may be. Despite this slower appreciation rate, its high median value still makes it an attractive investment for those looking for a luxurious lifestyle or those seeking to begin building their wealth.
The median home cost in Inverness (zip 94937) is $1,358,700. Home appreciation the last 10 years has been 108.2%. Home Appreciation in Inverness (zip 94937) is up 15.4%.
Average Age of Homes
- The median age of Inverness (zip 94937) real estate is 65 years old
The Rental Market in Inverness (zip 94937)
- Renters make up 35.2% of the Inverness (zip 94937) population
- 1.1% of houses and apartments in Inverness (zip 94937), 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.