The housing market in Waverly, AL is thriving. The median value of a house in the city is $242,900, which is significantly lower than the national average of $338,100 according to data from the US House. Additionally, homes in Waverly have seen an increase of 11.26% over the past year—that’s greater than the national average of 8.27%. This indicates that Waverly remains a desirable place to live and investment in real estate there may be a wise decision.
The median home cost in Waverly is $242,900. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Waverly is up 13.5%.
Average Age of Homes
- The median age of Waverly real estate is 63 years old
The Rental Market in Waverly
- Renters make up 34.6% of the Waverly population
- 1.6% of houses and apartments in Waverly, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.