Home/Inverness/Market Report

Inverness Housing Market Report

August 2026 • Updated daily from MLS data

$1,411,132
Average Price
22
Active Listings
18
Avg Days on Market
$262
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Inverness broken down by property type

Price Distribution

How Inverness home prices are distributed across price ranges

Under $100K
0
$100K–$200K
0
$200K–$300K
0
$300K–$500K
1
1
$500K–$750K
5
5
$750K–$1M
3
3
$1M+
13
13

Listings by Bedrooms

Bedroom count breakdown for active listings in Inverness

0
1 Bed
1
2 Bed
3
3 Bed
9
4 Bed
9
5+ Bed

Demographics & Community

Census data for Inverness, Illinois

7,722
Population
$207,623
Median Household Income
53.4
Median Age
$699,400
Census Median Home Value

Housing Occupancy

Total Housing Units3,038
Owner-Occupied2,771 (98.3%)
Renter-Occupied48 (1.7%)
Vacant Units219

Commute & Education

Median Commute2947 min
Work From Home6.7%
Public Transit1.9%
Bachelor's Degree+51.8%
High School Diploma+0.1%

Affordability & Housing Costs

HUD data for the Inverness area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Inverness (2024)

1
Violent Crimes
30
Property Crimes
9
Burglaries
3
Vehicle Thefts

Building Permit Activity

IvyGro tracks 2,827 building permits issued by Village of Inverness, with records dating back to 2000. In the last 12 months, 175 permits were issued, up 11% from the year before. Every Inverness listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

2,827
Permits on Record
175
Issued Last 12 Months
$21,328
Median Project Value (12 mo)
$18,063,738
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Replace Driveway Culvert50
Install Standby Generator48
Replace Septic Tanks28
Replace Septic Tank19
New Wood Deck19
Kitchen Remodel/Upgrade17

Permits Issued by Year

2016
65
2017
120
2018
122
2019
141
2020
135
2021
151
2022
140
2023
180
2024
155
2025
151
2026
99

See the full Inverness permit report or browse Inverness listings to see the permit history for any home.

School Districts

School districts serving Inverness properties

15
220
299

Featured Listings in Inverness

Top properties currently on the market

Save $39,934 on the Average Inverness Home

Traditional agents charge 3% commission ($42,334). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.