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Preforeclosure Homes in Waverly, IL

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Waverly, IL Foreclosures

Current Market Conditions in in Waverly, IL As of April 2026?
In the last month, Waverly's real estate market has seen a slight uptick in home prices, averaging an increase of approximately 2%. This increase is attributed to a higher number of buyers entering the market as interest rates continue to stabilize. The competition remains moderate, with homes that are priced well often receiving multiple offers within days of listing, indicating a strong buyer interest despite a generally slower timeframe typical for this season.
How much do homes sell for in Waverly, IL?
The average home price is currently $155,875.
In Waverly, IL, how many homes are available?
There are currently 12 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 $2,350,507.
What is currently the cheapest priced home in Waverly, IL?
The cheapest home for sale in Waverly is priced at $10,306.

Living in Waverly, IL

Waverly, Illinois, is a peaceful and welcoming small town that offers a tight-knit community atmosphere and easy access to larger cities like Springfield. Families enjoy local parks, community events, and an actively engaged population that promotes neighborhood bonds. This area provides a perfect blend of rural serenity and proximity to urban conveniences.

Buyer vs Seller Market in Waverly, IL

The housing market in Waverly is currently stable, with an increasing interest in affordable single-family homes. Over the past several months, home prices have shown modest growth, reflecting a steady demand for properties in this quaint locale. Potential buyers are particularly attracted to the affordability and charm of the neighborhood as more people seek refuge from more crowded urban settings.

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 $103,688.00. 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 $155,875.00, with the most expensive house in Waverly, IL, topping out at $2,350,507.00 and the cheapest home in Waverly, IL, clocking in at $10,306.00. 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 Preforeclosure Homes


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