Waverly, TN Foreclosures
Current Market Conditions in in Waverly, TN As of February 2026?
Over the past month, the Waverly housing market has displayed hints of a seller's market characterized by a reduction in available homes for sale and an increase in buyer activity. Properties are frequently receiving multiple offers, leading to homes selling above their asking prices in many cases. This trend highlights the desirability of living in Waverly, particularly for those seeking a blend of rural charm and accessibility to urban amenities.
How much do homes sell for in Waverly, TN?
The average home price is currently $266,356.
What’s the average rental cost in Waverly, TN?
The average rental price in Waverly is $935.
What is the most expensive home in Waverly?
The most expensive home sold in Waverly had a price of $17,570,000.
What is currently the cheapest priced home in Waverly, TN?
The cheapest home for sale in Waverly is priced at $9,762.
Living in Waverly, TN
Waverly, TN is a quaint and inviting town that offers a peaceful lifestyle with a strong sense of community. It is surrounded by beautiful natural landscapes and provides plenty of recreational opportunities, making it ideal for families and individuals alike. With a focus on education and local culture, Waverly is a place that feels like home.
Buyer vs Seller Market in Waverly, TN
The real estate market in Waverly has been experiencing steady growth over the last year, with home prices reflecting an increase due to demand for housing in the area. The small-town charm, coupled with affordability compared to larger urban areas, continues to attract buyers looking for their dream home.
In recent months, Waverly has seen a rise in the number of new listings, suggesting that sellers are responding to the positive market trends. However, inventory still remains a challenge, as homes are selling quickly, often leading to competitive offers among buyers.
Home Value Estimator For Waverly, TN
There are currently 4,418 real estate properties
in Waverly, TN,
with a median automated valuation model (AVM) price
of $198,200.00. 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, TN, 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, TN,
is $266,356.00, with the most expensive house
in Waverly, TN, topping out
at $17,570,000.00 and the cheapest home
in Waverly, TN,
clocking in at $9,762.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Waverly, TN!
Rent Prices
In Waverly, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Waverly, TN, is on
a rollercoaster ride. The
average rent price in Waverly, TN,
is $935.00. Indeed, when looking to rent in
Waverly, TN, you can expect to pay as little
as $460.00 or as much
as $2,200.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Waverly, TN
-- 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.