Inverness, MS Real Estate

According to census data in the year 2000 there were 441 housing units in Inverness. This represents a 5.3% growth from 419 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 441 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 7.3%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Inverness were built after 1973.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom10.70%
Two Bedrooms18.80%
Three Bedrooms53.30%
Four Bedrooms14.30%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1971
Median Value of occupied units$63,200
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1975
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.40%
Home Equity Loan3.20%
Simple Mortgage49.20%
Debt Free45.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%