The housing market in Waverly, TN is thriving with a median housing value of $171,700. This is considerably lower than the US House Median Value of $338,100 and reflects the affordability of this small town. In addition, the one year house appreciation rate is 17.31% compared to 8.27% for the US as a whole. This shows that real estate investing in Waverly is a smart move and can yield great returns. Investing in local businesses and developments has also made this small town attractive to potential homeowners and investors alike, resulting in an ever-rising house value over time.
The median home cost in Waverly is $171,700. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Waverly is up 25.7%.
Average Age of Homes
- The median age of Waverly real estate is 45 years old
The Rental Market in Waverly
- Renters make up 27.2% of the Waverly population
- 0.0% 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.