Is Waverly, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waverly is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Waverly was a Seller's Market.

Key Takeaway

Waverly is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Waverly, MN

How much do homes in Waverly, MN cost?

Median Sold Price

$347,875

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,875(+5.4%)

Key Takeaway

Homes in Waverly have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Waverly was $347,875 in November 2024, up 5.4% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $262.5K$275.5K
+5.0%
3 $336.4K$344.4K
+2.4%
4 $330K$353K
+7.0%
5+ $414.4K$329.7K
-20.4%

Summary: Waverly housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 20.4%.

Median Sold Price Compared To Nearby Cities

Marysville Township
+21.9%
Waverly
+5.4%

Housing Supply in Waverly, MN

How many homes are available in Waverly, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3332-3.0%

Summary: The Waverly real estate market had 32 homes for sale in November 2024, a 3.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2222
0.0%
4 99
0.0%
5+ 00
0.0%

Summary: The Waverly housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waverly, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Waverly in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Waverly, MN

How long does it take to sell a home in Waverly, MN?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days70 Days+78.5%

Summary: Homes in Waverly had an average of 70 days on market in Nov 2024, up by 78.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Waverly are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Waverly; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Waverly, MN

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