Waverly, IL Foreclosures
How much do homes sell for in Waverly, IL?
The average home price is currently $124,450.
In Waverly, IL, how many homes are available?
There are currently 1 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 $1,612,504.
What is currently the cheapest priced home in Waverly, IL?
The cheapest home for sale in Waverly is priced at $10,110.
Living in Waverly, IL
Waverly is a charming village in central Illinois known for its tight-knit community and beautiful landscapes. Nestled among rolling hills and just a short drive from larger cities, it provides a peaceful small-town atmosphere while still offering convenient access to urban amenities. The village boasts a number of parks and recreational facilities, making it an ideal place for families and outdoor enthusiasts.
Current Market Conditions in Waverly, IL
The real estate market in Waverly remains stable, with a consistent demand for single-family homes. As of late 2023, inventory levels are balanced, creating a competitive atmosphere for buyers. The prices have shown moderate growth compared to previous years, indicating a healthy market. Investors are particularly interested in Waverly due to its appeal for families and professionals seeking a peaceful lifestyle near bigger city amenities.
There has been a noticeable increase in interest from homebuyers looking for properties in the more affordable range, reflecting a trend toward smaller towns that offer more space and lower costs. This increased demand has led to a slight uptick in home values, making it a promising market for both buyers and sellers.
Home Value Estimator For Waverly, IL
There are currently 813 real estate properties
in Waverly, IL,
with a median automated valuation model (AVM) price
of $98,172.00. 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 $124,450.00, with the most expensive house
in Waverly, IL, topping out
at $1,612,504.00 and the cheapest home
in Waverly, IL,
clocking in at $10,110.00. 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.
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