Inverness, FL—34450
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 $253,000, with a year-over-year change of -5.6%. This indicates that home prices in Inverness, FL are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | -5.6% |
| Single Family | $255,000 | -5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $201,000 | -6.9% |
3 Bed | $288,000 | -4.3% |
4 Bed | $422,000 | -3.2% |
| 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 $1,750, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Inverness, FL is 1-bedrooms: $1,000, 2-bedrooms: $1,590, 3-bedrooms: $1,940, 4-bedrooms: $3,800. The most common rental property sizes in Inverness, FL are 2-bedroom and 3-bedroom, accounting for 40.3% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,000 |
| 2 Bed Rent | $1,500 | $1,590 |
| 3 Bed Rent | $1,850 | $1,940 |
| 4 Bed Rent | $3,800 | $3,800 |
% 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 2.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $287,000 | 5.0% |
Listing Count | 104 | 28.0% |
| Listings as % of Homes | 1.1% | 28.0% |
Days on Market | 85 | 2.0% |
Demographics — Inverness, FL
As of the latest ACS Survey released in 2023, Inverness, FL has a population of 10,400, which has decreased by -3.2% over the past 5 years. Inverness, FL is a less popular place for families, as children make up 11.6% of the population. The area has a moderately educated workforce, with 25.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | -3.2% |
% Under 18 | 11.6% | -21.1% |
% Seniors | 39.1% | 2.4% |
% WFH | 11.7% | 95.0% |
% w/ College Degree | 25.1% | 32.8% |
As of the latest ACS Survey released in 2023, Inverness, FL is a predominantly white area, with 81.2% of the population identifying as white. The white population has shrunk by 9.0% in the last 5 years. The second most common race or ethnicity in Inverness, FL is hispanic, making up 8.4% of the population. Foreign-born residents account for 8.3% of the population in Inverness, FL, and this percentage has increased by 207.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.2% | -9.0% |
% Black | 1.3% | -63.9% |
% Hispanic | 8.4% | 40.0% |
% Asian | 3.2% | 3,100.0% |
% Foreign Born | 8.3% | 207.4% |
Mortgage and Risk — Inverness, FL
According to HUD data as of 2023, there were 212 mortgage originations in Inverness, FL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 24.0% 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. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 212 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Inverness, FL
As of 2024, the percent of homes in Inverness, FL under the Section 8 program is 4.8%. 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. In Inverness, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 74 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 68.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $1,000 | $870 |
| 2 Bedroom | -$400 | $1,500 | $1,100 |
| 3 Bedroom | -$310 | $1,850 | $1,540 |
| 4 Bedroom | -$1,950 | $3,800 | $1,850 |
Affordability — Inverness, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $253,000 |
| Median Household Income | $49,000 |