Home prices
The median home in Waverly costs $164,100. In comparison to other places in this area it is approximately $25,180 (18%) higher.It is approximately $53,400 (24%) lower compared to the rest of the nation, and in comparison to the city of Grand Rapids it is roughly $20,700 (14%) higher.
Rents
The median monthly rent in Waverly is $919. This is approximately $138 (17%) higher in comparison to its nearby areas.In comparison to the rest of the country it is about $143 (13%) lower, and in comparison to the city of Grand Rapids it is is very similar.
Nearby places
Edgemont Park
Edgemont Park is Waverly's neighbor to the east. The housing prices there are substantially less expensive. The median home in Edgemont Park costs $117,100, which is $47,000 (40%) lower than Waverly. Rent there is a lot less expensive. In Edgemont Park the median monthly rent is $650, which comes out to $269 (41%) lower than Waverly.
Lansing
Lansing is Waverly's neighbor to the southeast. Housing prices there are a lot less expensive. Lansing's median home value is $83,500, which works out to $80,600 (96%) lower than Waverly. Rents there are a bit less expensive. Lansing's median monthly rent is $819, which is $100 (12%) lower than Waverly.
Grand Ledge
Grand Ledge is about 4 miles west from Waverly. Its real estate prices are a bit less expensive. Grand Ledge's median home value is $142,400, which comes out to $21,700 (15%) lower than Waverly. Rent there is somewhat less expensive. Grand Ledge's median rent is $797 per month, which is $122 (15%) lower than Waverly.
Wacousta
Wacousta is approximately 5 miles northwest from Waverly. Real estate prices there are a bit more expensive. Wacousta's median home price is $192,500, which comes out to $28,400 (14%) higher than Waverly. Rents there are pretty similar. Wacousta's median monthly rent is $910, which is very similar to Waverly.
Dimondale
Dimondale is approximately 5 miles south from Waverly. Its real estate prices are similar. The median home in Dimondale is valued at $159,100, which is $5,000 (3%) lower than Waverly. Rent there is a bit less expensive. Dimondale's median monthly rent is $728, which comes out to $191 (26%) lower than Waverly.