Foreclosure Homes in Waverly, IA

Current Market Conditions in Waverly, IA

The real estate market in Waverly remains stable, with a healthy mix of available properties catering to various buyer demographics. The increasing interest in suburban living has led to a gradual uptick in home prices. Sellers are receiving favorable offers as demand exceeds supply in certain price ranges. Overall, the market is trending positively, attracting both investors and first-time buyers looking for a quiet yet engaging community.

Interest rates have impacted the market resulting in cautious purchasing decisions, leading to homes staying on the market a bit longer. Still, the demand is fueled by those seeking Waverly's family-friendly environment. New home developments and renovations of older properties contribute to a vibrant housing market with more options for 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.