Waverly, NY


Highest Appreciating Waverly Neighborhoods Since 2000

Waverly, NY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Waverly Housing Market Information

With a population of 4,264, 1,902 total housing units (homes and apartments), and a median house value of $101,924, house prices in Waverly are solidly below the national average.

Single-family detached homes are the single most common housing type in Waverly, accounting for 51.86% of the village's housing units. Other types of housing that are prevalent in Waverly include duplexes, homes converted to apartments or other small apartment buildings ( 32.39%), large apartment complexes or high rise apartments ( 13.01%), and a few mobile homes or trailers ( 1.51%).

People in Waverly primarily live in small (one, two or no bedroom) single-family detached homes. Waverly has a mixture of owner-occupied and renter-occupied housing.

The housing in Waverly was primarily built before 1939 ( 60.96%), making the housing stock in Waverly some of the oldest overall in America, although there is a range of ages of homes in Waverly. The next most important housing age is between 1940-1969 ( 21.40%), followed by between 1970-1999 ( 12.87%). There's also some housing in Waverly built between 2000 and later ( 4.76%).

Vacant housing appears to be an issue in Waverly. Fully 10.33% of the housing stock is classified as vacant. Left unchecked, vacant Waverly homes and apartments can be a drag on the real estate market, holding Waverly real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Waverly Home Appreciation Rates

In the last 10 years, Waverly has experienced some of the highest home appreciation rates of any community in the nation. Waverly real estate appreciated 29.75% over the last ten years, which is an average annual home appreciation rate of 2.64%, putting Waverly in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Waverly definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Waverly's appreciation rate, at 4.08%, has been at or slightly above the national average. In the latest quarter, Waverly's appreciation rate has been -2.87%, which annualizes to a rate of -11.00%.

Notably, Waverly's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Waverly's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.

Average Home Values


Median Home Value:


Value Range
> $1,089,000 1.5
$817,001 - $1,089,000 0.9
$545,001 - $817,000 0.0
$435,001 - $545,000 1.2
$327,001 - $435,000 0.1
$218,001 - $327,000 3.7
$109,001 - $218,000 34.2
$54,001 - $109,000 46.3
$0 - $54,000 12.1

Very Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
76.3740771123872 82.4915824915825

Number Of Homes And Apartments:

Waverly Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
90.09% 3.79% 10 10
* 10 is highest

Rent & Ownership


Average Market Rent:
$737 / per month

Homeownership Rate

Owners 52.40
Renters 47.60
Vacant 10.33

Housing Market Details


Age of Homes

2000 or Newer 4.8
1970 - 1999 12.9
1940 - 1969 21.4
1939 or Older 61.0

Types of Homes

Single-Family 51.9
Townhomes 1.2
Small Apt. Buildings 32.4
Apt. Complexes 13.0
Mobile Homes 1.5
Other 0.0

Home Size

No Bedroom 3.91
1 Bedroom 12.64
2 Bedrooms 33.14
3 Bedrooms 31.59
4 Bedrooms 15.46
5 or more bedrooms 3.25

Popular Neighborhoods in Waverly

Zip Codes in Waverly, NY