Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Inverness area can be challenging. Home prices in Inverness are now at a median cost of $344,722, higher than the Hoover average of $304,302.
The average cost of rent is $1,316/mo in Inverness, primarily driven by the current value of real estate in the Inverness area. While nearly 36.32% of residents own their homes outright in Inverness, 25.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Inverness is $9,170 per month. Households that rent pay about 14.35% of their income on rent here. Inverness's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Greystone, Birmingham, AL: higher priced homes
- Crossgate, Vestavia Hills, AL: less expensive homes
- Redmont Park, Birmingham, AL: higher priced homes
- Riverchase Country Club, Hoover, AL: equally priced homes
- Crestline, Birmingham, AL: higher priced homes
- Highland Park, Birmingham, AL: equally priced homes
- Five Points South, Birmingham, AL: less expensive homes
- Glen Iris, Birmingham, AL: less expensive homes
- Southside, Birmingham, AL: equally priced homes
- Forest Park, Birmingham, AL: equally priced homes
Neighborhoods with Similar Populations
- South River City, Austin, TX: higher priced homes
- Downtown, Honolulu, HI: higher priced homes
- West Augusta, Augusta, GA: less expensive homes
- Downtown Modesto, Modesto, CA: less expensive homes
- Villa Fontana, Carolina, PR: less expensive homes
- Venable, Charlottesville, VA: higher priced homes
- Thrasher's Corner-Red Hawk, Bothell, WA: higher priced homes
- The Museum District, Richmond, VA: higher priced homes
- Starmount Forest-Charlotte, Charlotte, NC: equally priced homes
- Standish, Minneapolis, MN: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood