Home

Inverness, FL Real Estate


According to census data in the year 2000 there were 3,647 housing units in Inverness. This represents a 17.7% growth from 3,099 in 1990.

Of those housing units, 3,577 were located in either urbanized areas or urban clusters, and 70 were located in what is classified as a rural area.

Homeownership rate in Inverness is about 66.3%. Inverness's vacancy rate, including seasonal lodging, is about 11.8%. Average household size is 1.98 people.

The majority of houses, apartments or condos in Inverness were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom12.50%
Two Bedrooms56.40%
Three Bedrooms27.80%
Four Bedrooms2.20%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1983
Median Value of occupied units$70,000
Median Price asked for vacant units$51,300

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1983
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan3.90%
Simple Mortgage40.60%
Debt Free50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%