In 34450 Inverness, FL, the median value for housing is $261,500, which is significantly lower than the US House Median Value of $338,100. However, the rate of housing appreciation in this area is much higher than the national average rate of 8.27%. Over the last year there has been an impressive 24.24% increase in house values here. Therefore, Inverness is an attractive option for homeowners and potential buyers looking to take advantage of a strong real estate market.
The median home cost in Inverness (zip 34450) is $261,500. Home appreciation the last 10 years has been 175.5%. Home Appreciation in Inverness (zip 34450) is up 29.3%.
Average Age of Homes
- The median age of Inverness (zip 34450) real estate is 34 years old
The Rental Market in Inverness (zip 34450)
- Renters make up 17.0% of the Inverness (zip 34450) population
- 2.2% of houses and apartments in Inverness (zip 34450), 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.