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Foreclosures in Waverly, IL 62692

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Waverly, IL Foreclosures

How much do homes sell for in Waverly, IL?
The average home price is currently $159,494.
In Waverly, IL, how many homes are available?
There are currently 3 active home listings available in Waverly.
What’s the average rental cost in Waverly, IL?
The average rental price in Waverly is $993.
What is the most expensive home in Waverly?
The most expensive home sold in Waverly had a price of $2,432,356.
What is currently the cheapest priced home in Waverly, IL?
The cheapest home for sale in Waverly is priced at $10,188.

Living in Waverly, IL

Waverly, located in the heart of Illinois, offers a charming small-town atmosphere with a strong sense of community. Its affordable housing options and peaceful environment make it ideal for families and retirees alike. Residents enjoy easy access to local amenities, scenic parks, and a welcoming community that values both tradition and modern living.

Current Market Conditions in Waverly, IL

The real estate market in Waverly remains stable, characterized by a mix of single-family homes, townhouses, and rural properties. As of now, the town’s housing inventory is gradually increasing, with significant interest from both first-time homebuyers and investors looking for opportunities in a growing area.

Recent trends indicate a steady appreciation in home values, with average prices rising at a moderate pace. Waverly's affordable cost of living, combined with its appealing community features, continues to draw interest from potential buyers, further stimulating local market activity.

Home Value Estimator For Waverly, IL

There are currently 937 real estate properties in Waverly, IL, with a median automated valuation model (AVM) price of $104,175.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waverly, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Waverly, IL, is $159,494.00, with the most expensive house in Waverly, IL, topping out at $2,432,356.00 and the cheapest home in Waverly, IL, clocking in at $10,188.00. In other words, there’s something for every potential homebuyer or savvy investor in Waverly, IL!

Rent Prices In Waverly, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waverly, IL, is on a rollercoaster ride. The average rent price in Waverly, IL, is $993.00. Indeed, when looking to rent in Waverly, IL, you can expect to pay as little as $570.00 or as much as $1,800.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Waverly, IL -- 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.

Waverly, IL 62692 Foreclosures


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