Waverly, AL

Full City Profile · Alabama · Lee County County

4.0 /5.0
A Great
312 Population 113/sq mi density
$79,375 Median Income $40,138 per capita
$324,000 Home Value $396,760 Zillow
61°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
A
Economy
4.0 / 5.0
$79,375 median income, 6.2% unemployment
A
Affordability
4.4 / 5.0
$324,000 home value, /mo rent
B+
Education
3.7 / 5.0
33.2% bachelor's degree or higher

Housing Overview

Median Home Value
$324,000
15% above
US avg: $281,900
Homeownership Rate
97.8%
50% above US avg (65.4%)
Total Housing Units
118
Median year built: 1971

Home Value by Source

Census Median
$324,000
Zillow (ZHVI)
$396,760
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

97.8%
Owner-Occupied
2.2%
Renter-Occupied
98%
2%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo

Affordability & Housing Stock

Rent Burden
12.5%
of renters spending 30%+ of income on housing
60% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
97.8%

Complete Housing Data

Home Values

Census Median Value$324,000
Zillow Home Value (ZHVI)$396,760

Rent

FMR Studio$716
FMR 1-Bedroom$772
FMR 2-Bedroom$936
FMR 3-Bedroom$1,206
FMR 4-Bedroom$1,381

Market

Ownership & Stock

Owner-Occupied97.8%
Renter-Occupied2.2%
Homeownership Rate97.8%
Total Housing Units118
Median Year Built1971
Rent Burden12.5%