Is Waverly, IA 50677 a buyer’s or seller’s market?
Waverly is a seller’s market. With about 1.9 months of supply and 21% 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.
More competitive than 55% of U.S. ZIP codes, and #67 of 156 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Waverly housing market right now
In the three months ending August 31, 2026, 21% of homes in Waverly, IA 50677 sold above their list price, the typical home went under contract in 26 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 64 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold more slowly (17 days then) and the median sale price rose 11% to $306,867. Overall, Waverly is about as competitive as it was a year ago.
Within Bremer County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Waverly ranks #67 of 156 IA ZIP codes with enough sales (score 54 out of 100).
Nearby, buyers who want less competition could look at Tripoli 50676 (0% sold over asking) or Denver 50622 (7% sold over asking), while Readlyn 50668 (60% sold over asking) and Plainfield 50666 (33% sold over asking) are even more competitive.
Run the numbers for 50677
Nearby markets
Denver 50622Seller’s market $144 /sq ftJanesville 50647Seller’s market $144 /sq ftPlainfield 50666 $182 /sq ftReadlyn 50668Seller’s market $118 /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 1.9 months of supply in Waverly, IA 50677 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 26 days in the latest three months.
Do homes in Waverly sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in Waverly?
About 1.29% of a home’s value a year in Bremer County, or roughly $5,160 on a $400,000 home.
What is the median home price in Waverly?
The median sale price was $306,867 in the three months ending August 31, 2026, about $141 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