Is Waverly, MN 55390 a buyer’s or seller’s market?
Waverly is a seller’s market. With about 3.2 months of supply and 38% 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 78% of U.S. ZIP codes, and #106 of 307 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 July 31, 2026. See the breakdown
The Waverly housing market right now
In the three months ending August 31, 2026, 38% of homes in Waverly, MN 55390 sold above their list price, the typical home went under contract in 20 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 32%, homes sold faster (60 days then) and the median sale price rose 1% to $344,751. Overall, Waverly is more competitive than a year ago, so tougher for buyers.
Within Wright County, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 91%.
Nearby, buyers who want less competition could look at Delano 55328 (22% sold over asking) or Annandale 55302 (25% sold over asking), while Cokato 55321 (47% sold over asking) is even more competitive.
Run the numbers for 55390
Nearby markets
Albertville 55301Seller’s market $185 /sq ftAnnandale 55302Seller’s market $230 /sq ftBuffalo 55313Seller’s market $185 /sq ftCokato 55321Balanced $164 /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 3.2 months of supply in Waverly, MN 55390 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 20 days in the latest three months.
Do homes in Waverly sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What are property taxes in Waverly?
About 0.98% of a home’s value a year in Wright County, or roughly $3,920 on a $400,000 home.
What is the median home price in Waverly?
The median sale price was $344,751 in the three months ending August 31, 2026, about $183 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