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Inverness, CA Real Estate


According to census data in the year 2000 there were 996 housing units in Inverness. This represents a 8.4% growth from 919 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 996 were located in what is classified as a rural area.

Homeownership rate in Inverness is about 64%. Inverness's vacancy rate, including seasonal lodging, is about 29.1%. Average household size is 1.98 people.

The majority of houses, apartments or condos in Inverness were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type7.80%
One Bedroom17.70%
Two Bedrooms38.50%
Three Bedrooms24.80%
Four Bedrooms9.30%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1962
Median Value of occupied units$483,700
Median Price asked for vacant units$450,000

Rented Homes, Apartments and Condos

Average Household Size1.61
Median year structure was built1967
Median Monthly Rent asked for vacant units$1,146

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.50%
Home Equity Loan4.20%
Simple Mortgage42.90%
Debt Free51.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%