Inverness, FL—34453
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Inverness, FL
As of Oct '25, the median home price in Inverness, FL is $238,000, with a year-over-year change of -5.2%. This indicates that home prices in Inverness, FL are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $238,000 | -5.2% |
| Single Family | $246,000 | -5.4% |
| Condos | $132,000 | -9.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $174,000 | -6.5% |
3 Bed | $263,000 | -4.7% |
4 Bed | $359,000 | -3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Inverness, FL
As of July '25, Rentcast reports the average rent in Inverness, FL is $1,680, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Inverness, FL is 1-bedrooms: $1,090, 2-bedrooms: $1,530, 3-bedrooms: $1,910, 4-bedrooms: $1,650. The most common rental property sizes in Inverness, FL are 2-bedroom and 3-bedroom, accounting for 61.6% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,080 | $1,090 |
| 2 Bed Rent | $1,400 | $1,530 |
| 3 Bed Rent | $1,700 | $1,910 |
| 4 Bed Rent | $1,650 | $1,650 |
% of Rental Stock
Property Listings — Inverness, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Inverness, FL is 85. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | 7.0% |
Listing Count | 159 | 3.0% |
| Listings as % of Homes | 1.2% | 3.0% |
Days on Market | 85 | 7.0% |
Demographics — Inverness, FL
As of the latest ACS Survey released in 2023, Inverness, FL has a population of 10,500, which has decreased by -8.3% over the past 5 years. Inverness, FL is a moderately popular place for families, as children make up 15.2% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,500 | -8.3% |
% Under 18 | 15.2% | -23.6% |
% Seniors | 33.7% | 17.4% |
% WFH | 10.4% | 62.5% |
% w/ College Degree | 18.8% | 42.4% |
As of the latest ACS Survey released in 2023, Inverness, FL is a predominantly white area, with 87.3% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Inverness, FL is hispanic, making up 6.3% of the population. Foreign-born residents account for 4.1% of the population in Inverness, FL, and this percentage has decreased by 38.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.3% | 1.7% |
% Black | 3.6% | -33.3% |
% Hispanic | 6.3% | 10.5% |
% Asian | 1.9% | 0.0% |
% Foreign Born | 4.1% | -38.8% |
Mortgage and Risk — Inverness, FL
According to HUD data as of 2023, there were 337 mortgage originations in Inverness, FL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Inverness, FL. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 337 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Inverness, FL
As of 2024, the percent of homes in Inverness, FL under the Section 8 program is 3.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Inverness, FL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 68.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $1,080 | $930 |
| 2 Bedroom | -$230 | $1,400 | $1,170 |
| 3 Bedroom | -$60 | $1,700 | $1,640 |
| 4 Bedroom | $310 | $1,650 | $1,960 |
Affordability — Inverness, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $238,000 |
| Median Household Income | $58,100 |