Condo Foreclosures in Waverly, IA

Current Market Conditions in Waverly, IA

The real estate market in Waverly has shown steady growth over the past year, with an increasing demand for single-family homes. The average home price has risen due to the area's appeal, particularly for families looking for good schools and a supportive community. The inventory for homes can fluctuate, but the market remains generally favorable for sellers, leading to quicker sales and competitive offers.

Investors are taking interest in Waverly as the city continues to thrive with new businesses and developments. The market is attracting young professionals and families, contributing to an ongoing demand for housing. Recently, new constructions have been seen in various neighborhoods, catering to a diverse range of buyers.

Rent Prices In Waverly, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waverly, IA, is on a rollercoaster ride. The average rent price in Waverly, IA, is $1,489.00. Indeed, when looking to rent in Waverly, IA, you can expect to pay as little as $750.00 or as much as $2,630.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Waverly, IA -- 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.