Waverly, TN Real Estate
According to census data in the year 2000 there were 1,945 housing units in Waverly.
This represents a 8.8% growth from 1,787 in 1990.
Of those housing units, 1,704 were located in either urbanized areas or urban clusters, and 241 were located in what is classified as a rural area.
Homeownership rate in Waverly is about 65.3%.
Waverly's vacancy rate, including seasonal lodging, is about 9.3%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Waverly were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 9.80% |
| Two Bedrooms | 23.90% |
| Three Bedrooms | 48.60% |
| Four Bedrooms | 13.60% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $74,700 |
| Median Price asked for vacant units | $81,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $310 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 47.50% |
| Debt Free | 42.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
