Housing in Waverly, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$228,337

Waverly vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Waverly is highlighted.

Median Home Value

46th%ilemost expensive$164,700show rank

Median Rent

36th%ilemost expensive rent$841show rank

Rent Burden

72nd%ilehighest rent burden22.1%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$164,700

Median Rent

$841

Total Housing Units

2,286

Vacancy Rate

15.4%

Owner Occupied

72.6%

Renter Occupied

27.4%

Median Property Tax

$932

per year

Monthly Cost (w/ Mortgage)

$661

Housing Types

Single Family

75.7%

Multi-Family

20.2%

Mobile Home

4.1%

The median home value in Waverly, TN is $164,700. According to Zillow, the home value index for Waverly is $228,337. The median rent is $841 per month (Census ACS). About 72.6% of housing units are owner-occupied. The median year homes were built is 1969. There are 2,286 total housing units.