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2025 Compare Cities Housing:
Spring Lake, MI vs Waverly, MI

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Highlights
- The median age of a home in Spring Lake is 31.1% older than the median age of a home in Waverly.
 Spring Lake, MIWaverly, MIUnited States
 Median Home Age61  Unlock42
 Median Home Cost  Unlock$188,400$338,100
 Home Appr. Last 12 months16.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock54.0%57.0%
 Home Appr. Last 10 yrs.124.7%  Unlock101.1%
 Property Tax Rate  Unlock$18.4$11.0
 Homes Owned74.3%  Unlock57.4%
 Housing Vacant  Unlock3.5%11.2%
 Homes Rented12.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Spring Lake, MIWaverly, MIUnited States
 Average Rent  Unlock$1,400$1,840
 Studio Apartment$890  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$900$1,180
 2 Bedroom Home or Apartment$1,120  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,420$1,860
 4 Bedroom Home or Apartment$1,550  Unlock$2,160
 space1
 Vacant Housing
 Spring Lake, MIWaverly, MIUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.3%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other1.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Spring Lake, MIWaverly, MIUnited States
 Less Than $20,000  Unlock2.7%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock1.1%2.8%
 $60,000 to $79,9991.4%  Unlock3.9%
 $80,000 to $99,999  Unlock3.4%4.5%
 $100,000 to $149,99914.6%  Unlock11.3%
 $150,000 to $199,999  Unlock35.2%13.0%
 $200,000 to $299,99936.9%  Unlock20.1%
 $300,000 to $399,999  Unlock6.2%13.6%
 $400,000 to $499,9995.6%  Unlock8.3%
 $500,000 to $749,999  Unlock0.7%9.7%
 $750,000 to $999,9990.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.6%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Spring Lake, MIWaverly, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock7.6%13.6%
 2000 to 20095.2%  Unlock13.6%
 1990 to 1999  Unlock19.2%13.6%
 1980 to 19898.4%  Unlock13.2%
 1970 to 1979  Unlock26.3%14.8%
 1960 to 19697.6%  Unlock13.6%
 1950 to 1959  Unlock5.9%10.0%
 1940 to 19496.8%  Unlock4.7%
 1939 or Earlier  Unlock3.3%12.2%
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Learn More About Spring Lake, Michigan
Overview
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Learn More About Waverly, Michigan
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