Is Waverly, KY 42462 a buyer’s or seller’s market?
Waverly is a seller’s market. With about 0.8 months of supply and 75% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Waverly housing market right now
In the three months ending August 31, 2026, 75% of homes in Waverly, KY 42462 sold above their list price, the typical home went under contract in 27 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (4 days then) and the median sale price rose 104% to $210,359. Overall, Waverly is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Sturgis 42459 (17% sold over asking) or Uniontown 42461 (33% sold over asking).
Run the numbers for 42462
Nearby markets
Morganfield 42437Balanced $176 /sq ftSturgis 42459Balanced $105 /sq ftUniontown 42461Balanced $111 /sq ft Browse all markets →Towns like Waverly nearby
Find towns like Waverly in other states →Where Waverly is
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Questions about Waverly real estate
Is Waverly a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Waverly, KY 42462 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Waverly?
The typical home went under contract in 27 days in the latest three months.
Do homes in Waverly sell over asking?
75% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Waverly?
About 0.89% of a home’s value a year in Union County, or roughly $3,560 on a $400,000 home.
What is the median home price in Waverly?
The median sale price was $210,359 in the three months ending August 31, 2026, about $147 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology