Home prices
The value of the median home in Inverness is $90,000. This is roughly $25,200 (38%) higher in comparison to nearby areas.It is approximately $127,500 (58%) lower in comparison to the entire nation, and compared to the city of Jackson is is very similar.
Rents
In Inverness the median monthly rent is $713. It is approximately $93 (14%) higher in comparison to its surrounding areas.It is roughly $349 (32%) lower in comparison to the United States as a whole, and compared to the city of Jackson it is approximately $134 (15%) lower.
Nearby places
Indianola
Indianola is about 7 miles north from Inverness. Its housing prices are somewhat less expensive. The median home in Indianola is valued at $76,400, which is $13,600 (17%) lower than Inverness. Rents there are fairly similar. The median monthly rent in Indianola is $693, which is $20 (2%) lower than Inverness.
Moorhead
Moorhead is roughly 8 miles northeast from Inverness. Real estate prices there are significantly less expensive. The median home cost in Moorhead is $64,100, which comes out to $25,900 (40%) lower than Inverness. Rents there are somewhat less expensive. Moorhead's median monthly rent is $543, which is $170 (31%) lower than Inverness.
Morgan City
Morgan City is roughly 12 miles east from Inverness. Housing prices there are substantially less expensive. The median home price in Morgan City is $53,300, which works out to $36,700 (68%) lower than Inverness. Rent there is a bit less expensive. The median monthly rent in Morgan City is $667, which comes out to $46 (6%) lower than Inverness.
Belzoni
Belzoni is roughly 13 miles southeast of Inverness. The housing prices there are substantially less expensive. The value of the median home in Belzoni is $67,900, which comes out to $22,100 (32%) lower than Inverness. The rent there is pretty similar. In Belzoni the median rent is $720 per month, which is very similar to Inverness.
Sunflower
Sunflower is approximately 14 miles north of Inverness. Housing prices there are substantially less expensive. The median home in Sunflower is valued at $62,300, which is $27,700 (44%) lower than Inverness. Its rents are significantly less expensive. The median monthly rent in Sunflower is $479, which works out to $234 (48%) lower than Inverness.
