Waverly, NY—14892
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waverly, NY
As of Oct '25, the median home price in Waverly, NY is $161,000, with a year-over-year change of 0.4%. This indicates that home prices in Waverly, NY are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $161,000 | 0.4% |
| Single Family | $160,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $134,000 | -2.2% |
3 Bed | $163,000 | 1.2% |
4 Bed | $180,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waverly, NY
As of July '25, Rentcast reports the average rent in Waverly, NY is $1,410, with a year-over-year rent change of 6.8%. Per bedroom, the median rent as of July '25 in Waverly, NY is 3-bedrooms: $1,410. The most common rental property sizes in Waverly, NY are 1-bedroom and 2-bedroom, accounting for 35.8% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,410 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,350 | $1,410 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waverly, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Waverly, NY is 101. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $176,000 | -6.0% |
Listing Count | 42 | 15.0% |
| Listings as % of Homes | 0.4% | 15.0% |
Days on Market | 101 | 11.0% |
Demographics — Waverly, NY
As of the latest ACS Survey released in 2023, Waverly, NY has a population of 7,530, which has decreased by -6.8% over the past 5 years. Waverly, NY is a moderately popular place for families, as children make up 17.7% of the population. The area has a poorly educated workforce, with 18.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,530 | -6.8% |
% Under 18 | 17.7% | -28.0% |
% Seniors | 24.1% | 46.1% |
% WFH | 3.4% | 47.8% |
% w/ College Degree | 18.1% | 16.0% |
As of the latest ACS Survey released in 2023, Waverly, NY is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Waverly, NY is hispanic, making up 2.5% of the population. Foreign-born residents account for 2.4% of the population in Waverly, NY, and this percentage has decreased by 4.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.1% | -2.5% |
% Black | 1.3% | 44.4% |
% Hispanic | 2.5% | 38.9% |
% Asian | 1.0% | 233.3% |
% Foreign Born | 2.4% | -4.0% |
Mortgage and Risk — Waverly, NY
According to HUD data as of 2023, there were 88 mortgage originations in Waverly, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Waverly, NY. Investor activity is low, as 6.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 88 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Waverly, NY
Waverly, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 144 |
Total Units Section 8 | 144 |
% Rentals under Section 8 | 14.6% |
% Occupied Section 8 | 92.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | $110 | $1,350 | $1,460 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — Waverly, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $161,000 |
| Median Household Income | $52,100 |