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Featured local agent — Waverly, NY
Sarah Mitchell
Compass Real Estate · Waverly, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Waverly, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$62,495median sale price
How is the Waverly, NY housing market right now?
The median home sale price in Waverly, NY is $62,495, down 66.4% year-over-year. Homes sell in an average of 92 days with 15 active listings. The market is currently a buyer'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, NY is currently a buyer's market, based on 7.5 months of supply and homes selling in about 92 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
92
Average pace
Active listings
15
7.5 months supply
Sale-to-list
93.4%
Below asking
What does the Waverly housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $62,495 |
| Median list price | $147,500 |
| Year-over-year price change | -66.4% |
| Average days on market | 92 days |
| Active inventory | 15 listings |
| Months of supply | 7.5 months |
| Sale-to-list price ratio | 93.4% |
| Median price per sq ft | $31/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Listings with a price cut | 20.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Waverly by property type?
How the Waverly, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $62,495 | $31/sq ft | 2 | 92 days |
Source: Redfin · Updated monthly
The Waverly housing market is currently classified as a buyer's market with a median sale price of $62,495. Prices have fallen 66.4% compared to last year, with homes spending an average of 92 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Waverly
There are currently 15 homes listed for sale in Waverly, New York. The median listing price is $148K.
Active listings
15
Homes on market
Median list price
$148K
Avg. days on market
92
Days until sale
New this week
4
Newly listed
Who lives in Waverly?
Population
4,337
Median income
$51,327/yr
Median age
46.9 years
Owner-occupied
58.8%
College grads
16.5%
Avg commute
18.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Waverly?
Zillow home value
$170,248
Zillow rent index
$1,138/mo
Price-to-rent ratio
12.5x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Waverly?
Waverly is a community of approximately 4K residents with a median age of 46.9 years.The median household income is $51,327, which represents a working-class community with solid middle-income opportunities. 16.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.8%, showing a blend of owner and renter-occupied properties. The average commute time is 18.4 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?
4 schools tracked · 1,603 students
The largest public schools serving Waverly, NY 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 HIGH SCHOOL
Grades 9-12 · 475 students
WAVERLY MIDDLE SCHOOL
Grades 5-8 · 471 students
ELM STREET ELEMENTARY SCHOOL
Grades 1-4 · 440 students
LINCOLN STREET ELEMENTARY SCHOOL
Grades PK-K · 217 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, NY?
Want a head-to-head view? Compare Waverly side-by-side with any other U.S. city using our market-comparison tool.
Is Waverly a good real estate investment market?
For investors evaluating Waverly, the price-to-rent ratio of 12.5x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 66.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Waverly's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Waverly's median home price.
Frequently asked questions
What is the average home price in Waverly?
The median home sale price in Waverly is $62,495, down 66.4% from last year.
How long do homes stay on market in Waverly?
Homes typically spend 92 days on market before going under contract.
What is the median income in Waverly?
The median household income is $51,327 per year.
Is Waverly a buyer's or seller's market?
With 7.5 months of supply, Waverly is currently a buyer's market.
What is the Zillow home value estimate for Waverly?
The Zillow Home Value Index (ZHVI) for Waverly is $170,248, 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, NY is $62,495 (about $31 per square foot).
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