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Waverly, IL Real Estate


According to census data in the year 2000 there were 624 housing units in Waverly. This represents a 1.4% decline from 633 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 624 were located in what is classified as a rural area.

Homeownership rate in Waverly is about 83.5%. Waverly's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Waverly were built after 1943.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.90%
Two Bedrooms36.50%
Three Bedrooms38.30%
Four Bedrooms14.90%
Five Bedrooms or more2.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1940
Median Value of occupied units$56,400
Median Price asked for vacant units$70,000

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1951
Median Monthly Rent asked for vacant units$283

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan2.10%
Simple Mortgage45%
Debt Free46.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%