Brokers — List your Company Here
Featured local agent — Waverly, IL
Sarah Mitchell
Compass Real Estate · Waverly, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Waverly, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$126,750median sale price
How is the Waverly, IL housing market right now?
The median home sale price in Waverly, IL is $126,750, up 74.8% year-over-year. Homes sell in an average of 2 days with 2 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Waverly a buyer's or seller's market?
Waverly, IL is currently a strong seller's market, based on 0.5 months of supply and homes selling in about 2 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
2
Fast-moving
Active listings
2
0.5 months supply
Sale-to-list
98.0%
Below asking
What does the Waverly housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $126,750 |
| Median list price | $140,000 |
| Year-over-year price change | +74.8% |
| Average days on market | 2 days |
| Active inventory | 2 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $86/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 2 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Waverly by property type?
How the Waverly, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $126,750 | $86/sq ft | 4 | 2 days |
| Townhouse | $120,000 | $39/sq ft | 1 | 105 days |
Source: Redfin · Updated monthly
The Waverly housing market is currently classified as a strong seller's market with a median sale price of $126,750. Prices have risen 74.8% compared to last year, with homes spending an average of 2 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Waverly
There are currently 2 homes listed for sale in Waverly, Illinois. The median listing price is $140K.
Active listings
2
Homes on market
Median list price
$140K
Avg. days on market
2
Days until sale
New this week
2
Newly listed
Who lives in Waverly?
Population
1,456
Median income
$55,882/yr
Median age
41.4 years
Owner-occupied
81.2%
College grads
19.9%
Avg commute
22.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Waverly?
Zillow home value
$117,343
Price-to-income
2.1x
Source: Zillow Research
What is it like to live in Waverly?
Waverly is a community of approximately 1K residents with a median age of 41.4 years.The median household income is $55,882, which represents a working-class community with solid middle-income opportunities. 19.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 81.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Waverly offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Waverly?
2 schools tracked · 350 students
The largest public schools serving Waverly, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Waverly Elementary School
Grades PK-6 · 212 students
Waverly Jr/Sr High School
Grades 7-12 · 138 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Waverly, IL?
Want a head-to-head view? Compare Waverly side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Waverly?
The median home sale price in Waverly is $126,750, up 74.8% from last year.
How long do homes stay on market in Waverly?
Homes typically spend 2 days on market before going under contract.
What is the median income in Waverly?
The median household income is $55,882 per year.
Is Waverly a buyer's or seller's market?
With 0.5 months of supply, Waverly is currently a strong seller's market.
What is the Zillow home value estimate for Waverly?
The Zillow Home Value Index (ZHVI) for Waverly is $117,343, representing the typical home value in the area.
How much does a single-family home cost in Waverly?
The median single-family home price in Waverly, IL is $126,750 (about $86 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Waverly, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Waverly market alerts
Weekly updates on prices, inventory, and trends. Free forever.