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Inverness, FL

Full City Profile · Florida · Citrus County County

2.9 /5.0
C+ Fair
7,672 Population 953/sq mi density
$44,899 Median Income $34,180 per capita
$168,100 Home Value $236,714 Zillow
$982 Median Rent 32.2% income on rent
70°F Avg Temperature 314 sunny days/yr
511 Violent Crime/100K 3,348 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$44,899 median income, 3.1% unemployment
A+
Affordability
4.6 / 5.0
$168,100 home value, $982/mo rent
F
Safety
1.0 / 5.0
511 violent crimes/100K (34% above avg)
C+
Education
2.7 / 5.0
21.0% bachelor's degree or higher

Housing Overview

Median Home Value
$168,100
40% below
US avg: $281,900
Median Rent
$982/mo
16% below
US avg: $1,163/mo
Homeownership Rate
69.9%
7% above US avg (65.4%)
Total Housing Units
4,526
Median year built: 1986

Home Value by Source

Census Median
$168,100
Zillow (ZHVI)
$236,714
Median Sale Price
$197,675
Median List Price
$204,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.9%
Owner-Occupied
30.1%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $982/mo · Zillow rent: $1,490/mo

Market Indicators (Redfin)

Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
45.6%
of listings with price reduction
Price Per Sq Ft
$141
Active Inventory
90
homes for sale

Affordability & Housing Stock

Rent Burden
32.2%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
69.9%

Complete Housing Data

Home Values

Census Median Value$168,100
Zillow Home Value (ZHVI)$236,714
Median Sale Price$197,675
Median List Price$204,900
Price Per Sq Ft$141

Rent

Census Median Rent$982
Zillow Rent (ZORI)$1,490
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market53
Sale-to-List Ratio1.0%
Price Drops45.6%
Homes Sold16
Active Inventory90
Price Per Sq Ft$141

Ownership & Stock

Owner-Occupied69.9%
Renter-Occupied30.1%
Homeownership Rate69.9%
Total Housing Units4,526
Median Year Built1986
Rent Burden32.2%