Zip 48917 (Waverly, MI) Housing

Housing in 48917 Waverly, MI is currently valued at a median of $214,200. This is significantly lower than the US house median of $338,100. The appreciation rate for houses over the past year in 48917 Waverly, MI has been 3.86% compared to 8.27% nationally. Despite being lower than the national average, this is still an impressive appreciation rate and indicates that housing in 48917 Waverly, MI is still a good investment opportunity for potential buyers.

The median home cost in Waverly (zip 48917) is $214,200. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Waverly (zip 48917) is up 10.4%.

Average Age of Homes

- The median age of Waverly (zip 48917) real estate is 42 years old

The Rental Market in Waverly (zip 48917)

- Renters make up 40.7% of the Waverly (zip 48917) population
- 0.7% of houses and apartments in Waverly (zip 48917), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Waverly, Michigan	United States
	15,961.0	139,647,020.0
	45	42
	$214,200	$338,100
	10.4%	16.6%
	54.0%	57.0%
	96.0%	101.1%
	$18.55	$10.98
	$3,086	$2,690
	56.8%	57.4%
	3.8%	11.2%
	39.5%	31.4%
Vacant Housing
	0.7%	1.9%
	0.3%	0.4%
	0.3%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	1.7%	2.4%
	1.7%	2.8%
	3.1%	3.9%
	6.0%	4.5%
	23.7%	11.3%
	28.9%	13.0%
	21.6%	20.1%
	6.0%	13.6%
	1.9%	8.3%
	1.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	15.4%	13.6%
	15.4%	13.2%
	23.0%	14.8%
	15.4%	13.6%
	10.7%	10.0%
	3.9%	4.7%
	5.1%	12.2%

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