Waverly, MI Real Estate
According to census data in the year 2000 there were 7,115 housing units in Waverly.
This represents a 8.1% growth from 6,582 in 1990.
Of those housing units, 7,115 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Waverly is about 60.9%.
Waverly's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Waverly were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||2.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.74|
|Median year structure was built||1971|
|Median Value of occupied units||$127,800|
|Median Price asked for vacant units||$106,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.71|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$606|
Owners Finance Status
|Second Mortgage & Equity Loan||0.70%|
|Home Equity Loan||8.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.4%|