Waverly, AL—36879
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waverly, AL
As of Oct '25, the median home price in Waverly, AL is $444,000, with a year-over-year change of -0.5%. This indicates that home prices in Waverly, AL are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $444,000 | -0.5% |
| Single Family | $445,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $368,000 | 0.3% |
4 Bed | $483,000 | 0.8% |
| 5 Bed | $550,000 | 0.4% |
% of Housing Stock
Rental Trends — Waverly, AL
As of July '25, Rentcast reports the average rent in Waverly, AL is $2,680, with a year-over-year rent change of 14.0%. Per bedroom, the median rent as of July '25 in Waverly, AL is 3-bedrooms: $2,650, 4-bedrooms: $2,400. The most common rental property sizes in Waverly, AL are 2-bedroom and 3-bedroom, accounting for 97.2% and 2.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,650 | $2,650 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Waverly, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Waverly, AL is 44. This is a increase of 8.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $510,000 | -3.0% |
Listing Count | 19 | 5.0% |
| Listings as % of Homes | 1.7% | 5.0% |
Days on Market | 44 | 8.0% |
Demographics — Waverly, AL
As of the latest ACS Survey released in 2023, Waverly, AL has a population of 2,980, which has increased by 53.7% over the past 5 years. Waverly, AL is a moderately popular place for families, as children make up 22.2% of the population. The area has a highly educated workforce, with 45.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,980 | 53.7% |
% Under 18 | 22.2% | 5.2% |
% Seniors | 16.0% | 12.7% |
% WFH | 5.4% | 86.2% |
% w/ College Degree | 45.3% | 10.0% |
As of the latest ACS Survey released in 2023, Waverly, AL is a predominantly white area, with 64.0% of the population identifying as white. The white population has grown by 10.9% in the last 5 years. The second most common race or ethnicity in Waverly, AL is black, making up 24.4% of the population. Foreign-born residents account for 3.4% of the population in Waverly, AL, and this percentage has increased by 13.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.0% | 10.9% |
% Black | 24.4% | -17.6% |
% Hispanic | 8.5% | 63.5% |
% Asian | 2.3% | -70.9% |
% Foreign Born | 3.4% | 13.3% |
Mortgage and Risk — Waverly, AL
Waverly, AL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Waverly, AL
Waverly, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | -$1,310 | $2,650 | $1,340 |
| 4 Bedroom | -$940 | $2,400 | $1,460 |
Affordability — Waverly, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $444,000 |
| Median Household Income | $98,800 |