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Inverness

Inverness

Located in Citrus County

$285,035 Average Value
$182 Average Price per Sq Ft
278 Homes For Sale

Nature draws retirees and families to Inverness

Inverness got its name in the late 1800s when a Scottish settler saw the town’s lush setting along Henderson Lake and thought it resembled the Highlands of his home city. Today, nature remains a major draw, with the Withlacoochee State Trail linking fishing spots, boat launches and huge parks. “We have a decent mix of retirees and young families who move here to be outside and live a good distance away from major cities,” says Lyndsee Philipps, a Realtor with Century 21, who has lived in town her whole life. About 70 miles from Tampa and Orlando, Inverness is the vibrant seat of Citrus County and home to roughly 8,000 residents. Locals often gather at restaurants along Old Main Street, walk to the bi-monthly farmers markets and enjoy quirky community events like Cootertober. “You really get a hometown feel here,” Philipps says. “No matter where I go in town, I almost always run into someone I know, and we stop and chat for like 20 minutes.”

Some homes sit on Lake Henderson

Inverness's ranch-style homes and New Traditional houses often feature contemporary design elements or Mediterranean influences, such as tiled roofs and arched doorways. Live oak trees usually shade lawns, and some houses back up to Henderson Lake with boat slips and docks. Smaller homes can cost between $100,000 and $375,000, while larger ones typically range from about $400,000 to around $675,000. Waterfront properties may go for between $700,000 and $1 million. The median single-family sale price is around $255,000, which is less than the national median. Hurricanes can impact the area, and some homes are vulnerable to flooding.

Withlacoochee State Trail links with the town's most popular green spa

The 47-mile-long Withlacoochee State Trail runs from Citrus Springs to Dale City. Within Inverness, the path connects to the downtown district and several green spaces, including Whispering Pine Park, which has a swimming pool, tennis courts and more sports facilities. It also reaches Liberty Park on Lake Henderson, where people can dock their boats, walk along a palm tree-shaded boardwalk and catch largemouth bass. Across the street, The Depot is a big pavilion that hosts a farmers market on the first and third Saturdays of each month. Walking or biking along the trail is part of many residents’ weekend routines. “People will buy a bunch of food at the farmers market, then walk over to Liberty Park and have a little picnic by the water,” Philipps says. A cluster of islands on the lake makes up Flying Eagle Preserve, where people can hike, hunt and boat amid marshland and dense forests. A public library and the Inverness Golf & Country Club are also in town.

Elvis Presley once filmed a movie in downtown Inverness

The Neoclassical-style Old Courthouse Heritage Museum sits at the end of Old Main Street, where boutiques, bars and restaurants fill Italianate-style buildings. Fish mounts and neon beer signage decorate Stumpknockers, known for its fried gator nuggets and catfish dinners. A glowing marquee welcomes visitors into the Valerie Theatre before they attend performances, like jazz concerts and dance recitals. In 1961, “Follow That Dream,” starring Elvis Presley, was filmed in this downtown district. “People who lived here back then still brag about seeing Elvis walk around,” Philipps says. Grocery stores in the area include Winn-Dixie, Walmart Supercenter and Publix.

Citrus High has special programs for military families

Citrus County Schools serve the community. Kids can attend Pleasant Grove Elementary, which Niche grades a B-minus. They may continue to Inverness Middle and Citrus High, both of which earn C-pluses. With several military recruitment centers and a National Guard armory in the area, the high school offers transition support and academic assistance to military families.

Concerts and a carnival celebrate Cootertober

Cootertober, a month-long event held in October every year, honors the town's native cooter turtle population. “Turtles are basically the mascot for Cootertober, but everything we do that month is pretty random and unrelated,” Philipps says. Tribute bands and country artists perform outside the historic courthouse every weekend, while potato sack races and food trucks celebrate the one-day-only Cooter Carnival at Liberty Park. The Depot transforms into an amateur wrestling ring for the Small Town Slam, and festivities wrap up on Cooterween when kids trick-or-treat at businesses along Old Main Street.

Some people commute to Tampa or Orlando

Inverness is a car-dependent community with easy access to a few highways. U.S. Route 41 connects with other routes to reach Tampa, and state Road 44 takes drivers to Orlando. Although major employers, like HCA Florida Citrus Hospital, are based in town, some residents drive to these cities for work. “Commuters end up spending over two hours a day in the car, but they would rather do that than live in a big city,” Philipps says. Both cities have international airports. Citrus County Transit offers bus routes throughout the town.

Meghan Baker
Written By
Meghan Baker

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Schools

Source:
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Parks in this Area

Inverness Housing Trends

Housing Trends

Median List Price
$269,900
Median Sale Price
$243,000
Median Single Family Sale Price
$258,000
Median Townhouse Sale Price
$215,850
Median 2 Bedroom Sale Price
$139,950
Median Change From 1st List Price
6%
Last 12 months Home Sales
883
Median Home Sale Price YoY Change
-3%
Average Price Per Sq Ft
$182

Area Facts

Number of Homes
13,175
Number of Homes for Sale
278
Median Year Built
1987
Months of Supply
3.80
Average Single Family Home Size Sq Ft
1,513
Significantly below the national average
1,930
Average Townhouse Size Sq Ft
1,355
Average 2 Bedroom Size Sq Ft
1,112
Average 1 Bedroom Size Sq Ft
668
Median Lot Size Sq Ft
13,068

Open Houses

  • Sunday, Mar 1
    Open Sun 11:30AM - 2PM

    5403 E Tangelo Ln, Inverness, FL 34453

    $172,000

    • 2 Beds
    • 1 Bath
    • 964 Sq Ft
    • 5403 E Tangelo Ln

    This adorable home truly checks the boxes—style, updates, flexibility, and security. Schedule your showing today and come see it for yourself! Nothing left to do but move right in! This fully remodeled 2-bedroom bungalow sits proudly on a desirable corner lot in an established neighborhood with NO HOA. Step inside to a beautifully updated interior featuring a renovated kitchen with custom

    Agent Photo
    Essie Noboa, LLC
    WEICHERT REALTORS HALLMARK PROPERTIES
    (352) 436-8817
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  • Sunday, Mar 1
    Open Sun 1PM - 3PM

    1206 Cypress Cove Ct Unit 6, Inverness, FL 34450

    $56,000

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • 1206 Cypress Cove Ct
    • Unit 6

    BEAUTIFUL REMODELED WATERFRONT HOME IN EDGEWATER OAKS MOBILE HOME COMMUNITY 55+ COMMUNITY ON LEASED LAND. LOT RENT IS 400.00 INCLUDES WATER SEWER TRASH AND LAWN CARE. This well maintained remodeled home is located on the Tsala Apopka Chain of Lakes and close to the Withalacoochee State Bike Trail. Minutes to downtown Inverness. Large shed with golf cart garage, electric and water. 1 bedroom 1

    Sandy Alderman Great American Realty & Investments Inc.

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  • Friday, Mar 27
    Open House 3/27

    178 S Tighe Dr, Inverness, FL 34453

    $30,000

    • 178 S Tighe Dr

    Residential Vacant Land For Sale in Citrus Estates Unit 1, Inverness. Property Use:00 / VACANT RESIDENTIAL Land Use: Vacant Residential (0000) Zoning: MDR/MED DENSITY RESIDENTLot Size: 0.4591 acres / 20,000 sf Subdivision: CITRUS ESTATES UNIT 1 Census Tract/Block: 450702 / 3052Twn: 19 Rng: 19 Sec: 03 Block: 00130 Lot: 00500 Neighborhood: CITRUS ESTATES UNIT 1

    Carolina Mendez Keller Williams Realty Profess

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Inverness Has More Owners

Demographics

Total Population
8,064
Median Age
53
Population Density
11 ppl/acre
Population under 18
18%
Below the national average
23.8%
Population over 65
34.6%
Above the national average
19.1%

Finances

Median Household Income
$38,231
Significantly below the national average
$79,601
Average Household Income
$48,243

Education and Workforce

High School Graduates
89.9%
College Graduates
18.5%
Below the national average
34.1%
Advanced Degrees
7.2%
% Population in Labor Force
46.1%
Below the national average
64.9%

Weather

Annual Precipitation
52''
Average Winter Low Temperature
42°F
Average Summer High Temperature
92°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

47 / 100

Car-Dependent

Walk Score®®

11 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Inverness