Foreclosure Homes in Waverly, AL

Current Market Conditions in Waverly, AL

The real estate market in Waverly is currently experiencing a steady increase in demand. Home prices have risen modestly over the past year due to the desirability of the area, particularly among families and retirees seeking a quieter lifestyle. The availability of properties is also becoming more limited, leading to competitive offers in desirable locations.

Recent trends show that buyers are increasingly interested in homes with multiple outdoor spaces and modern amenities, reflecting a demand for homes that support both relaxation and recreational activities. Developers are responding by proposing new housing projects to meet this evolving demand, which bodes well for long-term investment in the area.

Rent Prices In Waverly, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waverly, AL, is on a rollercoaster ride. The average rent price in Waverly, AL, is $1,137.00. Indeed, when looking to rent in Waverly, AL, you can expect to pay as little as $520.00 or as much as $2,160.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Waverly, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.