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Inverness Business Park water towerPhoto: Salvez Dodd from Portland, OR, USA · CC BY-SA 2.0
Housing in Inverness

26 homes sold in Inverness in the last year, at a typical $945K

Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Inverness homes are listed.

Homes sold
26
June 2025 to May 2026
Typical sale price
$945K
median, weighted by sales
Price per square foot
$403
Colorado $273
Paid vs. asking
98.6%
12% sold over asking
For sale now
8
May 2026 · 4 sold that month
What sold · last 12 months

Condos are 92% of Inverness’ sales, at a typical $968K

26 homes sold in the year to May 2026.

Condos$968K

typical sale · 24 sold in 12 months

Per square foot
$410CO $427
Days to sell
89
Sold over asking
8%
Listings with a price cut
30%
Fewer sales

Townhouses: 2 sold, typical $670K

Too few sales in 12 months for reliable figures.

13 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

26 sales in the last year, against 48 in 2014 and a low of 22 in 2023. The typical sale went from $454K in 2016 to $945K.

Homes soldTypical sale price
012253750$475K$650K$825K$1M2012: 30 sold, typical $369K’122013: 24 sold, typical $362K2014: 48 sold, typical $587K’142015: 32 sold, typical $537K2016: 34 sold, typical $454K’162017: 31 sold, typical $546K2018: 27 sold, typical $503K’182020: 28 sold, typical $585K2021: 44 sold, typical $653K’212022: 30 sold, typical $724K2023: 22 sold, typical $763K’232024: 30 sold, typical $776K2025: 23 sold, typical $894K’25Last 12 months: 26 sold, typical $945KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $950K buys in Inverness

Condoat $410 a sq ft
The same money in Coloradoat $243 a sq ft

Is this asking price fair?

Check a listing against what Inverness homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 13 years of sales

Bidding wars in Inverness are back to pre-pandemic levels, and more homes are for sale

We read every month of Inverness’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 26 sales.

If you’re buying in Inverness

  • Shop in May. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (12% over asking).
  • Less room to haggle. Only 32% of listings cut their price, against 47% before the pandemic.
  • Bid near asking. Buyers paid 98.6% of the list price on average; 12% paid over.
  • You’ll usually have time. Only 31% of homes go under contract within two weeks; the typical one takes 85 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

March has the most new listings (about 5 a month), but April is the most competitive: 29% of April sales close over asking. May offers nearly as much choice with fewer homes bid up (12%). February has the least competition (4%) but only about 3 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 3 new listings a month, 5% sold over asking, 65 days to sellJFeb: 3 new listings a month, 4% sold over asking, 71 days to sellFMar: 5 new listings a month, 12% sold over asking, 35 days to sellMApr: 3 new listings a month, 29% sold over asking, 25 days to sellAMay: 4 new listings a month, 12% sold over asking, 37 days to sellMJun: 3 new listings a month, 16% sold over asking, 33 days to sellJJul: 4 new listings a month, 11% sold over asking, 23 days to sellJAug: 3 new listings a month, 12% sold over asking, 40 days to sellASep: 3 new listings a month, 8% sold over asking, 58 days to sellSOct: 2 new listings a month, 10% sold over asking, 56 days to sellONov: 1 new listings a month, 5% sold over asking, 46 days to sellNDec: 2 new listings a month, 6% sold over asking, 63 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Colorado

Inverness now2017–192021 peakCO now
Sold over askingShare of sales that closed above the list price12%8%20%19%
Gone within two weeksShare of homes under contract within 14 days31%33%49%30%
Listings with a price cutShare of homes for sale that cut their price32%47%47%32%
Price paid vs. askingAverage sale price ÷ list price98.6%98.3%100.1%98.3%
Days to sellMedian days from listing to contract85431550
Supply

8 homes for sale on a typical day

That’s 3.2 times the 2023 low (2), 71% more than in 2017–19 and well under 2014’s 17.

2012: 10 for sale’122013: 12 for sale2014: 17 for sale2015: 11 for sale’152016: 6 for sale2017: 5 for sale2018: 3 for sale’182020: 4 for sale2021: 3 for sale2022: 4 for sale’222023: 2 for sale2024: 6 for sale2025: 9 for sale’25Last 12 months: 8 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 47% in 2017–19 and 32% across Colorado.

2015: 20%’152016: 37%2017: 48%2018: 36%’182020: 42%2021: 47%2022: 48%’222023: 33%2024: 48%2025: 33%’25Last 12 months: 32%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Inverness home costs about $5,403 a month

Mortgage
Property tax
Insurance
Rent

Price: Inverness’ typical sale, last 12 months. Property tax at Inverness’ 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Inverness is affordable on local pay is on Cost of living.

Before you buy in Inverness

Six things worth knowing

5

New listings in March

The month with the most choice. November has the fewest, about 1.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $945K home, about $5,670 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Inverness, from test results, graduation and how much students grow.

Schools in Inverness
21 min

Typical commute

The average one-way trip to work for people who live in Inverness.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Centennial, Dove Valley, Acres Green, Meridian, Cherry Creek and Lone Tree sell for less a square foot

The busier markets within 25 miles of Inverness, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Centennial1,528$657K$26124%26
Lone Tree207$924K$28016%45
Cherry Creek149$854K$30920%25
Dove Valley51$412K$28325%42
Meridian47$695K$2369%38
Acres Green40$579K$26825%24
Inverness26$945K$40312%85

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Inverness, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Inverness. People who follow the town see it, and so do people comparing Inverness with their own town. No commission, no listing fee.

Questions about buying a home in Inverness

What do homes sell for in Inverness, CO?

26 homes sold in the year to May 2026 at a typical $945K, $403 a square foot.

Is Inverness a buyer’s or seller’s market?

A seller’s market: 8 homes were for sale in May 2026 and 4 sold, about 2 months of supply. Buyers paid 98.6% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Inverness?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Inverness?

About 0.6% of a home’s value a year. On a $945K home that’s near $5,670.

Where can I see homes for sale in Inverness?

Zillow, Redfin, Realtor.com and Homes.com all carry Inverness’ MLS listings; the search links above open each one filtered to Inverness.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).