Waverly, SD housing market
The median sale price was $214,000 in May 2026.
Home values, sales, trends and how Waverly compares with the towns next door — updated as new data is published.
Waverly at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 45% in 5 years
The federal house price index for the ZIP codes around Waverly rose 45% over the past 5 years, slower than across South Dakota (50%). Last year prices rose 3.2%.
Show as a table
| Year | Change that year | Since 2000 | South Dakota since 2000 |
|---|---|---|---|
| 2025 | +3.2% | +179% | +181% |
| 2024 | +4% | +170% | +173% |
| 2023 | +10% | +160% | +164% |
| 2022 | +13% | +135% | +145% |
| 2021 | +8.4% | +108% | +109% |
| 2020 | +2.2% | +92% | +88% |
| 2019 | +3.1% | +88% | +83% |
| 2018 | +2.2% | +82% | +75% |
| 2017 | +3.7% | +78% | +67% |
| 2016 | +4.2% | +72% | +59% |
| 2015 | +1.2% | +65% | +52% |
| 2014 | +5.4% | +63% | +47% |
| 2013 | +3.5% | +55% | +42% |
| 2012 | +2.4% | +49% | +38% |
| 2011 | +0.3% | +46% | +37% |
| 2010 | −0.1% | +45% | +37% |
| 2009 | −1.6% | +46% | +38% |
| 2008 | +5.6% | +48% | +38% |
| 2007 | +3.1% | +40% | +36% |
| 2006 | +6% | +36% | +31% |
| 2005 | +9.1% | +28% | +25% |
| 2004 | +6.3% | +18% | +17% |
| 2003 | +2% | +11% | +11% |
| 2002 | +5.8% | +8.3% | +7.9% |
| 2001 | +2.4% | +2.4% | +4.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 57201, 57265, 57263, covering 89% of Waverly’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Waverly and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Waverly | +3.2%† | $1,070 | $89,583 |
| Kranzburg | +3.2%† | $1,040 | $80,625 |
| Rauville | +3.2%† | $1,080 | — |
| Elmira | +3.2%† | $1,080 | $109,167 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,070
HUD's Fair Market Rent for a two-bedroom in Waverly is $1,070 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $730 · 4 bedrooms $1,590
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (57201, 57263, 57265; Codington County, SD), 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. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.