Housing Prices in Inverness Township, MI

How much do homes in Inverness Township, MI cost?

Median List Price

$254,450

$155/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$64,550(+34.0%)

Key Takeaway

The list price of homes in Inverness Township has increased by 34% since last year.

Summary: The median home list price in Inverness Township was $254,450 in November 2024, up 34% from the previous year, and the median price per square foot was $155.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$379.9K
N/A
2 $216.6K$169.9K
-21.6%
3 $180K$259.9K
+44.4%
4 $429.2K$369.5K
-13.9%
5+ $195K$209K
+7.2%

Summary: Inverness Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 44.4%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes increased by 7.2%.

Median List Price Compared To Nearby Cities

Beaugrand Township
+86.3%
Inverness Township
+34.0%
Cheboygan
+20.8%
Benton Township
+6.4%

Housing Supply in Inverness Township, MI

How many homes are available in Inverness Township, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
95-44.4%

Summary: The Inverness Township real estate market had 5 homes for sale in November 2024, a 44.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 63
-50.0%
4 00
0.0%
5+ 21
-50.0%

Summary: The Inverness Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Days on Market for Inverness Township, MI

How long does it take to sell a home in Inverness Township, MI?

Average Listing Age

Nov 2023Nov 2024CHANGE
431 Days436 Days+1.3%

Summary: Homes in Inverness Township had an average listing age of 436 days in Nov 2024, up by 1.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Inverness Township, MI

Nearby Markets to Inverness Township, MI

What housing markets are near Inverness Township, MI?