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Housing in Waverly

30 homes sold in Waverly in the last year, at a typical $237K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Waverly homes are listed.

Homes sold
30
June 2025 to May 2026
Typical sale price
$237K
median, weighted by sales
Price per square foot
$140
Virginia $237
Paid vs. asking
99.1%
33% sold over asking
For sale now
3
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 100% of Waverly’s sales, at a typical $237K

30 homes sold in the year to May 2026.

Houses$237K

typical sale · 30 sold in 12 months

Per square foot
$140VA $222
Days to sell
51
Sold over asking
33%
Listings with a price cut
24%
7 years of sales

More homes sell than most years, at 4.3 times the 2017 price

30 sales in the last year, against 31 in 2021 and a low of 14 in 2019. The typical sale went from $55K in 2017 to $237K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2017: 29 sold, typical $55K’172018: 25 sold, typical $94K2019: 14 sold, typical $94K’192020: 22 sold, typical $121K2021: 31 sold, typical $176K’212023: 25 sold, typical $188K2025: 23 sold, typical $219K’25Last 12 months: 30 sold, typical $237KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Waverly

Houseat $140 a sq ft
The same money in Virginiaat $222 a sq ft

Is this asking price fair?

Check a listing against what Waverly homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 7 years of sales

Bidding wars in Waverly are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Waverly’s home sales since 2017 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 30 sales.

If you’re buying in Waverly

  • Shop in October. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
  • You can negotiate. 24% of listings have cut their price, against 18% before the pandemic.
  • Bid near asking. Buyers paid 99.1% of the list price on average; 33% paid over.
  • You’ll usually have time. Only 19% of homes go under contract within two weeks; the typical one takes 51 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

August has the most new listings (about 3 a month), but May is the most competitive: 33% of May sales close over asking. October offers nearly as much choice with fewer homes bid up (7%). January has the least competition (6%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 6% sold over asking, 272 days to sellJFeb: 2 new listings a month, 18% sold over asking, 112 days to sellFMar: 2 new listings a month, 31% sold over asking, 75 days to sellMApr: 3 new listings a month, 13% sold over asking, 120 days to sellAMay: 2 new listings a month, 33% sold over asking, 107 days to sellMJun: 3 new listings a month, 30% sold over asking, 68 days to sellJJul: 2 new listings a month, 25% sold over asking, 103 days to sellJAug: 3 new listings a month, 28% sold over asking, 89 days to sellASep: 2 new listings a month, 25% sold over asking, 66 days to sellSOct: 3 new listings a month, 7% sold over asking, 106 days to sellONov: 3 new listings a month, 32% sold over asking, 155 days to sellNDec: 1 new listings a month, 7% sold over asking, 102 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Virginia as a whole

Waverly now2017–192021 peakVA now
Sold over askingShare of sales that closed above the list price33%9%45%31%
Gone within two weeksShare of homes under contract within 14 days19%9%35%43%
Listings with a price cutShare of homes for sale that cut their price24%18%50%25%
Price paid vs. askingAverage sale price ÷ list price99.1%91.1%100.4%99.3%
Days to sellMedian days from listing to contract512094038
Supply

6 homes for sale on a typical day

That’s 1.6 times the 2021 low (4), 47% fewer than in 2017–19 and well under 2017’s 15.

2017: 15 for sale’172018: 12 for sale2019: 8 for sale2020: 7 for sale’202021: 4 for sale2023: 7 for sale2025: 6 for sale’25Last 12 months: 6 for saleNow
Room to negotiate

1 in 4 listings has cut its price

24% in the last year, against 18% in 2017–19 and 25% across Virginia. More sellers are pricing high and coming down.

2017: 17%’172018: 20%2019: 12%2020: 25%’202021: 50%2023: 17%2025: 24%’25Last 12 months: 24%Now

Source: Redfin Data Center, city market tracker, January 2017 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Waverly home costs about $1,399 a month

Mortgage
Property tax
Insurance
Rent

Price: Waverly’s typical sale, last 12 months. Property tax at Waverly’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Waverly is affordable on local pay is on Cost of living.

Before you buy in Waverly

Six things worth knowing

3

New listings in August

The month with the most choice. December has the fewest, about 1.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $237K home, about $1,950 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Waverly, from test results, graduation and how much students grow.

Schools in Waverly
37 min

Typical commute

The average one-way trip to work for people who live in Waverly.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Hopewell, Colonial Heights, Ettrick, Enon and Matoaca for far more

The busier markets within 25 miles of Waverly, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Petersburg507$224K$15133%38
Hopewell314$247K$17837%31
Colonial Heights266$288K$18233%24
Enon67$370K$21552%34
Ettrick59$268K$19127%40
Waverly30$237K$14033%51
Matoaca30$263K$19947%18

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Waverly, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Waverly. People who follow the town see it, and so do people comparing Waverly with their own town. No commission, no listing fee.

Questions about buying a home in Waverly

What do homes sell for in Waverly, VA?

30 homes sold in the year to May 2026 at a typical $237K, $140 a square foot.

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

A seller’s market: 3 homes were for sale in May 2026 and 3 sold, about 1 months of supply. Buyers paid 99.1% of asking on average, and 24% of listings cut their price.

When is the best time to buy in Waverly?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Waverly?

About 0.8% of a home’s value a year. On a $237K home that’s near $1,950.

Where can I see homes for sale in Waverly?

Zillow, Redfin, Realtor.com and Homes.com all carry Waverly’s MLS listings; the search links above open each one filtered to Waverly.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).