Home prices
The cost of the median home in Inverness is $628,700. Compared to its nearby areas it is roughly $259,680 (70%) higher.Compared to the rest of the country it is roughly $411,200 (189%) higher, and is about $370,700 (143%) higher compared to the city of Chicago.
Rents
The median rent in Inverness is $3,250 a month. In comparison to other places in this area it is approximately $1,897 (140%) higher.Compared to the US as a whole it is approximately $2,188 (206%) higher, and is about $2,138 (192%) higher in comparison to the city of Chicago.
Nearby places
Palatine
Palatine is Inverness's neighbor to the east. Housing prices there are a lot less expensive. The price of the median home in Palatine is $284,400, which is $344,300 (121%) lower than Inverness. The rent there is substantially less expensive. In Palatine the median rent is $1,200 per month, which works out to $2,050 (170%) lower than Inverness.
Barrington
Barrington is Inverness's neighbor to the northwest. Its real estate prices are a bit less expensive. The median home value in Barrington is $483,400, which comes out to $145,300 (30%) lower than Inverness. Rent there is substantially less expensive. In Barrington the median rent is $1,485 per month, which comes out to $1,765 (118%) lower than Inverness.
Hoffman Estates
Hoffman Estates is Inverness's neighbor to the southwest. Real estate prices there are a lot less expensive. Hoffman Estates's median home cost is $283,300, which comes out to $345,400 (121%) lower than Inverness. Its rents are significantly less expensive. In Hoffman Estates the median monthly rent is $1,398, which comes out to $1,852 (132%) lower than Inverness.
Deer Park
Deer Park is roughly 3 miles north from Inverness. Its housing prices are a bit less expensive. The median home in Deer Park costs $552,800, which comes out to $75,900 (13%) lower than Inverness. Its rents are a lot less expensive. Deer Park's median rent is $1,302 per month, which comes out to $1,948 (149%) lower than Inverness.
Rolling Meadows
Rolling Meadows is roughly 4 miles southeast of Inverness. Its real estate prices are a lot less expensive. The median home cost in Rolling Meadows is $241,200, which works out to $387,500 (160%) lower than Inverness. Its rents are significantly less expensive. In Rolling Meadows the median monthly rent is $1,378, which is $1,872 (135%) lower than Inverness.
