Inverness, IL
Full City Profile · Illinois · McHenry County County
4.3
/5.0
A
Great
7,541
Population
1,155/sq mi density
$215,810
Median Income
$94,044 per capita
$704,100
Home Value
$762,450 Zillow
$3,501
Median Rent
17.0% income on rent
48°F
Avg Temperature
246 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
5.0 / 5.0
$215,810 median income, 1.6% unemployment
A+
Affordability
4.8 / 5.0
$704,100 home value, $3,501/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
68.8% bachelor's degree or higher
Housing Overview
Median Home Value
$704,100
150% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
97.9%
50% above US avg (65.4%)
Total Housing Units
3,038
Median year built: 1984
Home Value by Source
Census Median
$704,100
Zillow (ZHVI)
$762,450
Median Sale Price
$874,750
Median List Price
$1,000,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
97.9%
Owner-Occupied
2.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$3,501/mo
Market Indicators (Redfin)
Median Days on Market
149 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$224
Active Inventory
16
homes for sale
Affordability & Housing Stock
Rent Burden
17.0%
of renters spending 30%+ of income on housing
45% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
97.9%
Complete Housing Data
Home Values
| Census Median Value | $704,100 |
| Zillow Home Value (ZHVI) | $762,450 |
| Median Sale Price | $874,750 |
| Median List Price | $1,000,000 |
| Price Per Sq Ft | $224 |
Rent
| Census Median Rent | $3,501 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 149 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.5% |
| Homes Sold | 6 |
| Active Inventory | 16 |
| Price Per Sq Ft | $224 |
Ownership & Stock
| Owner-Occupied | 97.9% |
| Renter-Occupied | 2.1% |
| Homeownership Rate | 97.9% |
| Total Housing Units | 3,038 |
| Median Year Built | 1984 |
| Rent Burden | 17.0% |
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