Housing in Inverness, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$787,000
Median List Price
$824,500
Price Per Sq Ft
$225
Days on Market
75
Active Inventory
18
Months of Supply
6.0
Balanced market
Zillow Home Value
$750,915
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
95.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
8
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$225
Median List $/SF
$218
Inverness vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Inverness is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$704,100
Median Rent
$3,501
Total Housing Units
2,938
Vacancy Rate
8.2%
Owner Occupied
97.8%
Renter Occupied
2.1%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$3,189
Housing Types
The current median sale price in Inverness, IL is $787,000 according to Redfin data. Homes spend a median of 75 days on the market. 0.0% of homes sold above asking price. The market has 6.0 months of supply. The median price per square foot is $225. The median rent is $3,501 per month (Census ACS). About 97.8% of housing units are owner-occupied. The median year homes were built is 1984. There are 2,938 total housing units.