Inverness, Florida.
Typical home $236,583 (-0.3% in a year), asking rent $1,585 (+1.2%). Homosassa Springs, FL metro.
to buy the typical home at today's mortgage rate — +$706 (+132%) since Jan 2020.
- 1 year
- Down $627 -0%
- $237,210$236,583 since Sep 2025
- 5 years
- Up $39,806 +20%
- $196,777$236,583 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Inverness$1,242
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in Inverness, FL fell 0.3% over the past year — slower than the nation's +1.2%.
Asking rents in Inverness, FL rose 1.2% over the past year — slower than the nation's +2.7%.
Owning the typical home in Inverness runs $24/mo more than renting one. The gap peaked at $311 in Oct 2023.
That is $1,610 a month against $1,585 rent: a $1,242 mortgage payment, plus $115 property tax and $253 insurance & upkeep.
Owning vs renting — Inverness
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,610
- Renting$1,585
- Mortgage only$1,242
Property tax · $115/mo 0.58% of value a year — the ACS 2020-2024 median bill over the median home value for Citrus County, FL
Insurance & upkeep · $253/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Inverness, Citrus County, Florida
Inverness is a city of 7,543 people in Citrus County. Half its households earn more than $43,523 a year and half less, against $56,546 across Citrus County; 15% of its people live below the poverty line. 71% of its homes are lived in by their owners and 29% are rented. Unemployment in Citrus County was 6.7% in August 2026, and the county had 1.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Inverness is a small city and the seat of Citrus County, on Florida's west-central coast side. Residents are older than in most American places, and most homes are lived in by their owners. Incomes are below the county's, and a good share of residents live below the poverty line. A four-year degree is held by a minority of adults.
Work. Residents work mostly in schools, hospitals and social care, with many others in restaurants, hotels and entertainment, in shops, and in banks, insurance and property. The largest workplaces in Inverness include Citrus Schools, HCA Florida Citrus Hospital and Publix Super Markets. Unemployment across Citrus County is somewhat higher than a year earlier, though the county has added jobs over the past year. Commutes are fairly short, and few people work from home.
Things to do. Fort Cooper State Park and Tsala Apopka Lake, a protected area and a lake, are both a short drive away. Farther afield, Crystal River and Homosassa Springs Wildlife State Park are a longer drive away, and the Appleton Museum of Art is a longer drive too. Winters are mild, with little or no snow, and summers are hot and fairly wet, which suits time outdoors for much of the year.
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- 4,059households
- 20%of adults have a degree
- 15%below the poverty line
- 25 mintypical commute
- 8%work from home
What residents work in
Employed residents by industry, from the Census survey. Citrus County had 35,256 jobs in 2025, 1.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 69° and lows near 43°; warmest in July, with highs near 91° and lows near 71°. About 52 inches of rain a year, and little or no snow.
Average daily high and low, 1991–2020, at the Inverness Southeast weather station, 3 miles away (NOAA).
Largest employers in Inverness
- Citrus County School District *2,280
- Citrus County1,331
- HCA Florida - Citrus Hospital1,028
- Publix Super Market212
- Lowe's Home Improvement175
- Citrus Health & Rehabilitation174
- Winn-Dixie - 2 locations169
- Avante At Inverness149
From the City of Inverness’ annual financial report for 2025, its schedule of principal employers (its source: “Avenu Insights & Analytics”), as Florida’s Auditor General publishes it: the report. Employees as the report counts them.
Natural hazards
- HurricanesVery high
- LightningRelatively high
- WildfireRelatively moderate
- Tornadoesrelatively high in parts of InvernessRelatively moderate
- Strong windRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Inverness’ census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Citrus County and the Homosassa Springs, FL metro.
Inverness home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Inverness$236,583
- Florida$375,361
- United States$366,157
Sellers are cutting prices on about 1 in 4 Inverness listings, and the typical home goes pending in 37 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Inverness24.82%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Inverness37
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Inverness282
New listings per month
Sellers arriving at the market.
- Inverness70
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Inverness$241,672
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Inverness96.50%
Zip codes with a Inverness address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Inverness — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Inverness
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 34452 | Inverness | 13,734 | $1,484 | $229,093 |
| 34450 | Inverness | 11,532 | $1,508 | $251,920 |
| 34453 | Inverness | 10,621 | $1,650 | $237,180 |