Waverly, MN—55390
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waverly, MN
As of Oct '25, the median home price in Waverly, MN is $347,000, with a year-over-year change of 2.4%. This indicates that home prices in Waverly, MN are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $347,000 | 2.4% |
| Single Family | $347,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $292,000 | 2.5% |
3 Bed | $346,000 | 3.3% |
4 Bed | $359,000 | 1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waverly, MN
Waverly, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,300 | $2,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waverly, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Waverly, MN is 88. This is a increase of 81.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $383,000 | 9.0% |
Listing Count | 22 | -37.0% |
| Listings as % of Homes | 0.9% | -37.0% |
Days on Market | 88 | 81.0% |
Demographics — Waverly, MN
As of the latest ACS Survey released in 2023, Waverly, MN has a population of 3,180, which has increased by 24.8% over the past 5 years. Waverly, MN is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,180 | 24.8% |
% Under 18 | 23.9% | -5.9% |
% Seniors | 13.9% | 15.8% |
% WFH | 15.6% | 73.3% |
% w/ College Degree | 18.6% | -8.4% |
As of the latest ACS Survey released in 2023, Waverly, MN is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Waverly, MN is hispanic, making up 4.1% of the population. Foreign-born residents account for 3.3% of the population in Waverly, MN, and this percentage has increased by 266.7% 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 | 90.7% | -4.6% |
% Black | 0.8% | 14.3% |
% Hispanic | 4.1% | 310.0% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 3.3% | 266.7% |
Mortgage and Risk — Waverly, MN
Waverly, MN 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, MN
Waverly, MN 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 | $1,200 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | -$330 | $2,300 | $1,970 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Waverly, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $347,000 |
| Median Household Income | $108,000 |