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Cheap Homes in Waverly, MN

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Waverly, MN Foreclosures

How much do homes sell for in Waverly, MN?
The average home price is currently $389,755.
What’s the average rental cost in Waverly, MN?
The average rental price in Waverly is $1,434.
What is the most expensive home in Waverly?
The most expensive home sold in Waverly had a price of $2,972,500.
What is currently the cheapest priced home in Waverly, MN?
The cheapest home for sale in Waverly is priced at $16,080.

Living in Waverly, MN

Waverly, Minnesota is a charming small town known for its community spirit and easy access to outdoor activities. It features a variety of local amenities and is conveniently located near the metropolitan area of the Twin Cities. The town offers a peaceful, family-friendly environment while still providing necessary services and amenities.

Current Market Conditions in Waverly, MN

The real estate market in Waverly is characterized by steady growth, with an increasing demand for homes as more people seek the serene atmosphere of small-town living. Home prices have gradually risen over the past year due to this demand, making it a promising area for potential investors.

The current market shows a healthy balance between buyers and sellers, with homes often receiving multiple offers. The preference for single-family homes with yards is particularly strong, typical of the family-oriented demographic in the area.

Home Value Estimator For Waverly, MN

There are currently 1,154 real estate properties in Waverly, MN, with a median automated valuation model (AVM) price of $343,525.00. 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, MN, 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, MN, is $389,755.00, with the most expensive house in Waverly, MN, topping out at $2,972,500.00 and the cheapest home in Waverly, MN, clocking in at $16,080.00. In other words, there’s something for every potential homebuyer or savvy investor in Waverly, MN!

Rent Prices In Waverly, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waverly, MN, is on a rollercoaster ride. The average rent price in Waverly, MN, is $1,434.00. Indeed, when looking to rent in Waverly, MN, you can expect to pay as little as $590.00 or as much as $3,580.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Waverly, MN -- 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.

Cheap Homes in Waverly, MN

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