$240,000
Median Price
-12% vs county
$263,516
Avg Price
592
Homes Sold (12mo)
77
Avg Days on Market
County: 87
$172
Price / SqFt
County: $176
210
Active Listings
62 pending
Inverness Housing Market Overview
The Inverness, Florida real estate market saw 592 home sales over the past 12 months, with a median sale price of $240,000 and an average sale price of $263,516. This is 12% below the Citrus County median of $274,000. The average time on market in Inverness is 77 days. The average price per square foot is $172. Currently, there are 210 homes listed for sale and 62 under contract in Inverness. Over the past 6 months, median prices have increased by approximately 5%.
Monthly Market Trends
| Month | Sales | Median | Average | DOM | $/SqFt |
|---|---|---|---|---|---|
| 07/26 | 28 | $240,000 | $270,719 | 56 | $176 |
| 06/26 | 70 | $262,025 | $275,875 | 83 | $178 |
| 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 | 50 | $234,995 | $250,753 | 70 | $175 |
| 07/25 | 22 | $230,495 | $230,914 | 77 | $160 |
Price Distribution (Last 12 Months)
Inverness vs Citrus County
| Inverness | Citrus County | |
|---|---|---|
| Median Price | $240,000 | $274,000 |
| Avg Price | $263,516 | $306,683 |
| Avg DOM | 77 days | 87 days |
| Price / SqFt | $172 | $176 |
| Total Sales | 592 | 3,286 |
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