Waverly, IA housing market
The typical Waverly home is worth about $280,000, up 1.8% in a year, 17% above the Iowa typical home. Homes typically sell in 32 days, below asking.
Home values, sales, trends and how Waverly compares with the towns next door — updated as new data is published.
Waverly at a glance
A seller's market
Supply is tight — about 3.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Waverly | Iowa |
|---|---|---|
| 2017 | $193,000 | $147,000 |
| 2018 | $191,000 | $152,000 |
| 2019 | $195,000 | $159,000 |
| 2020 | $206,000 | $167,000 |
| 2021 | $210,000 | $179,000 |
| 2022 | $226,000 | $195,000 |
| 2023 | $246,000 | $211,000 |
| 2024 | $256,000 | $218,000 |
| 2025 | $268,000 | $228,000 |
| 2026 | $281,000 | $236,000 |
| August 2026 | $280,000 | $240,000 |
3.5 years of income
The typical Waverly home costs about 3.5 years of the town's median household income, about the same as across Iowa (3.2).
How Waverly ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,060
HUD's Fair Market Rent for a two-bedroom in Waverly is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Waverly pay a median of $1,057. A two-bedroom takes about 16% of the town's median household income.
Studio $730 · 4 bedrooms $1,410
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (50677; Bremer County, IA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.