The housing market in Waverly, VA is an excellent option for potential buyers. The median value of a house in Waverly is $176,600, which is significantly lower than the US median value of $338,100. Additionally, the one year appreciation rate for houses in Waverly is 12.84%, which is higher than the national appreciation rate of 8.27%. This indicates that now may be a good time to buy as prices will likely appreciate over time.
The median home cost in Waverly is $176,600. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Waverly is up 18.6%.
Average Age of Homes
- The median age of Waverly real estate is 43 years old
The Rental Market in Waverly
- Renters make up 35.2% of the Waverly population
- 4.9% 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.