$245,000
Median Price
-11% vs county
$265,887
Avg Price
587
Homes Sold (12mo)
77
Avg Days on Market
County: 89
$172
Price / SqFt
County: $177
214
Active Listings
60 pending
Inverness Housing Market Overview
The Inverness, Florida real estate market saw 587 home sales over the past 12 months, with a median sale price of $245,000 and an average sale price of $265,887. This is 11% below the Citrus County median of $274,900. The average time on market in Inverness is 77 days. The average price per square foot is $172. Currently, there are 214 homes listed for sale and 60 under contract in Inverness. Over the past 6 months, median prices have increased by approximately 4%.
Monthly Market Trends
| Month | Sales | Median | Average | DOM | $/SqFt |
|---|---|---|---|---|---|
| 08/26 | 13 | $250,000 | $292,308 | 33 | $190 |
| 07/26 | 60 | $245,000 | $268,460 | 78 | $168 |
| 06/26 | 71 | $260,050 | $272,996 | 84 | $176 |
| 05/26 | 63 | $253,000 | $293,355 | 87 | $181 |
| 04/26 | 38 | $236,250 | $243,427 | 82 | $164 |
| 03/26 | 55 | $235,000 | $267,527 | 83 | $165 |
| 02/26 | 43 | $245,000 | $267,564 | 65 | $168 |
| 01/26 | 38 | $266,150 | $259,222 | 72 | $169 |
| 12/25 | 39 | $255,500 | $281,867 | 89 | $177 |
| 11/25 | 39 | $216,000 | $236,649 | 61 | $167 |
| 10/25 | 56 | $257,000 | $273,063 | 77 | $178 |
| 09/25 | 51 | $220,000 | $238,771 | 81 | $164 |
| 08/25 | 21 | $251,990 | $252,038 | 54 | $178 |
Price Distribution (Last 12 Months)
Inverness vs Citrus County
| Inverness | Citrus County | |
|---|---|---|
| Median Price | $245,000 | $274,900 |
| Avg Price | $265,887 | $308,035 |
| Avg DOM | 77 days | 89 days |
| Price / SqFt | $172 | $177 |
| Total Sales | 587 | 3,335 |
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