Inverness, IL housing market
The typical Inverness home is worth about $822,000, up 9.2% in a year, 176% above the Illinois typical home. Homes typically sell in 43 days, a little above asking.
Home values, sales, trends and how Inverness compares with the towns next door — updated as new data is published.
Inverness at a glance
A balanced market
About 5 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Inverness | Illinois |
|---|---|---|
| 2017 | $553,000 | $181,000 |
| 2018 | $563,000 | $190,000 |
| 2019 | $557,000 | $195,000 |
| 2020 | $537,000 | $200,000 |
| 2021 | $558,000 | $215,000 |
| 2022 | $618,000 | $236,000 |
| 2023 | $652,000 | $248,000 |
| 2024 | $686,000 | $263,000 |
| 2025 | $738,000 | $278,000 |
| 2026 | $783,000 | $290,000 |
| August 2026 | $822,000 | $298,000 |
Inverness and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Inverness | $822K | +9.2% | 43 | $207,434 |
| Palatine | — | — | 38 | $97,819 |
| Hoffman Estates | $408K | +6.3% | 42 | $106,806 |
| South Barrington | $1.17M | +8% | 64 | $221,575 |
| Barrington Hills | $1.09M | +9.9% | 34 | $205,074 |
| Palatine | $393K | +6.4% | — | $104,916 |
| Barrington | — | — | 49 | $147,989 |
4 years of income
The typical Inverness home costs about 4 years of the town's median household income, more than across Illinois (3.6 years).
How Inverness ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.