Waverly, MI
Full City Profile · Michigan · Clinton County County
3.7
/5.0
B+
Good
23,301
Population
2,561/sq mi density
$75,868
Median Income
$46,091 per capita
$222,300
Home Value
$158,722 Zillow
$1,125
Median Rent
23.3% income on rent
49°F
Avg Temperature
260 sunny days/yr
1,117
Violent Crime/100K
3,140 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$75,868 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$222,300 home value, $1,125/mo rent
F
Safety
1.0 / 5.0
1,117 violent crimes/100K (194% above avg)
A+
Education
4.5 / 5.0
43.9% bachelor's degree or higher
Housing Overview
Median Home Value
$222,300
21% below
US avg: $281,900
Median Rent
$1,125/mo
3% below
US avg: $1,163/mo
Homeownership Rate
55.8%
15% below US avg (65.4%)
Total Housing Units
12,001
Median year built: 1978
Home Value by Source
Census Median
$222,300
Zillow (ZHVI)
$158,722
Median Sale Price
$213,000
Median List Price
$237,400
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.8%
Owner-Occupied
44.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,125/mo
Market Indicators (Redfin)
Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
31.0%
of listings with price reduction
Price Per Sq Ft
$134
Active Inventory
29
homes for sale
Affordability & Housing Stock
Rent Burden
23.3%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
55.8%
Complete Housing Data
Home Values
| Census Median Value | $222,300 |
| Zillow Home Value (ZHVI) | $158,722 |
| Median Sale Price | $213,000 |
| Median List Price | $237,400 |
| Price Per Sq Ft | $134 |
Rent
| Census Median Rent | $1,125 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 52 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 31.0% |
| Homes Sold | 15 |
| Active Inventory | 29 |
| Price Per Sq Ft | $134 |
Ownership & Stock
| Owner-Occupied | 55.8% |
| Renter-Occupied | 44.2% |
| Homeownership Rate | 55.8% |
| Total Housing Units | 12,001 |
| Median Year Built | 1978 |
| Rent Burden | 23.3% |
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