All Home Types
Inverness, IL Housing Market
What is the housing market like in Inverness today?
In October 2024, Inverness home prices were up 78.8% compared to last year, selling for a median price of $1.1M.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,050,500
+78.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Inverness, IL
$1,050,500
+78.8%
United States
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Inverness Migration & Relocation Trends
In Sep '24 - Nov '24, 14% of Inverness homebuyers searched to move out of Inverness, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Inverness from outside metros.
- New York homebuyers searched to move into Inverness more than any other metro followed by Peoria and St. Louis.
Where are people moving to Inverness from?
- 86% of Inverness homebuyers searched to stay within the Inverness metropolitan area.
- Cape Coral was the most popular destination among Inverness homebuyers followed by Milwaukee and South Bend.
Where are people from Inverness moving to?
Number of People Moving to Inverness
least
most
People are moving to Inverness from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,027 | ||
| 2 | 1,058 | ||
| 3 | 865 | ||
| 4 | 636 | ||
| 5 | 626 | ||
| 6 | 501 | ||
| 7 | 397 | ||
| 8 | 334 | ||
| 9 | 196 | ||
| 10 | 192 | ||
People are leaving Inverness for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,343 | ||
| 2 | 1,227 | ||
| 3 | 1,217 | ||
| 4 | 973 | ||
| 5 | 834 | ||
| 6 | 664 | ||
| 7 | 608 | ||
| 8 | 603 | ||
| 9 | 599 | ||
| 10 | 593 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Inverness.
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