Home Sales Numbers Rise in Inverness Real Estate Market

The number of home sales in the Inverness market climbed 12.5% to nine homes over the last 30 days, coming close to the 9.7 monthly average for the last 12 months. At the same time, close-by Palatine reported 90 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Inverness, with the median for this period rising from $465,000 to $470,000. Despite the uptick in sales, there are still 13 months of inventory left to work through, meaning Inverness is still a strong buyer's market.

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Demographic facts for Inverness:

  • The population growth rating is 41. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 368.9 physicians.
  • The health cost index score in this area is 104.0. (100 = national average)
  • 81.1% of the residents travel to work in an automobile, 3.6% via carpool, and 5.9% by way of public transit.

Data reported through 10/12/2016


Ask a local expert about this area:
2 reviews
Coldwell Banker Residential Brokerage
Snapped 9 homes in this area
Baird & Warner
Snapped 1 home in this area

Agents that specialize in this area
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