House Prices

House Prices & Home Values Waverly, IL 2026


Average Data

average house price$117,828
average size per house1301 ft²
average price per ft²91 $ / ft²

04/16/2026 - The value range (VR) for house prices in Waverly, IL is $94/ sqft to $94/ sqft. An average home with 1301 sqft costs approximately $122,294 to $122,294. Waverly, IL includes 1 ZIP codes and it is located in Morgan county. The lowest prices are found in ZIP 62692, while the highest are in ZIP 62692. The average price per sqare feet is $91. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Waverly

6269297 $ / ft²




Historical development of home values in Waverly

Year Estimated value (USD) Change vs. 2025
2010 $54,721 -53.6%
2011 $52,605 -55.4%
2012 $52,464 -55.5%
2013 $54,425 -53.8%
2014 $57,131 -51.5%
2015 $60,063 -49.0%
2016 $63,198 -46.4%
2017 $66,609 -43.5%
2018 $70,291 -40.3%
2019 $73,550 -37.6%
2020 $77,353 -34.4%
2021 $87,980 -25.3%
2022 $102,565 -13.0%
2023 $108,160 -8.2%
2024 $114,417 -2.9%
2025 $117,828 0.0%

Graph: estimated home values in Waverly over time (USD)



Example: 100% financing house in Waverly

Loan amount: $117,828

Interest rate: 6.00%

Fixed monthly payment: $706.44

Breakdown in the 1st month:
Interest portion: $589.14  –  Principal portion: $117.30

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,030.32 $1,446.94 $116,381.06
2 $6,941.07 $1,536.19 $114,844.87
3 $6,846.33 $1,630.93 $113,213.94
4 $6,745.73 $1,731.53 $111,482.41
5 $6,638.94 $1,838.32 $109,644.09
6 $6,525.55 $1,951.71 $107,692.38
7 $6,405.18 $2,072.08 $105,620.30
8 $6,277.37 $2,199.89 $103,420.41
9 $6,141.69 $2,335.57 $101,084.84
10 $5,997.64 $2,479.62 $98,605.22
11 $5,844.70 $2,632.56 $95,972.66
12 $5,682.33 $2,794.93 $93,177.72
13 $5,509.94 $2,967.32 $90,210.41
14 $5,326.93 $3,150.33 $87,060.07
15 $5,132.62 $3,344.64 $83,715.43
16 $4,926.33 $3,550.93 $80,164.50
17 $4,707.32 $3,769.94 $76,394.56
18 $4,474.80 $4,002.47 $72,392.09
19 $4,227.93 $4,249.33 $68,142.76
20 $3,965.84 $4,511.42 $63,631.35
21 $3,687.59 $4,789.67 $58,841.67
22 $3,392.17 $5,085.09 $53,756.58
23 $3,078.53 $5,398.73 $48,357.86
24 $2,745.55 $5,731.71 $42,626.15
25 $2,392.03 $6,085.23 $36,540.92
26 $2,016.71 $6,460.55 $30,080.37
27 $1,618.24 $6,859.02 $23,221.35
28 $1,195.19 $7,282.07 $15,939.27
29 $746.05 $7,731.22 $8,208.06
30 $269.20 $8,208.06 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Waverly, IL


1500 sqft3900 sqft
Ø selling price$165,165$351,351
Ø fast selling$150,150$316,216
Ø high price sale$180,180$386,487

In 2026, houses in Waverly, IL will be offered at an average price of $91 per square foot. A 1,500 sqft home priced at $165,165 is 23.55% more expensive per square foot than a 3,900 sqft home priced at $351,351. Home prices in Waverly, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $243,244. Sellers who can wait longer may achieve a higher price of up to $297,297.


Discover Waverly, IL

Waverly, Illinois is a small city in Morgan County known for its welcoming Midwestern character. Located between Springfield and Jacksonville along Illinois Route 104, it offers a peaceful pace with convenient regional access. Visitors and residents appreciate its tree-lined streets, historic homes, and friendly local shops in downtown Waverly.

Community and Lifestyle

The community calendar features beloved traditions, including the long-running Waverly Holiday Tournament that draws high school basketball fans from across central Illinois.
Families value the close-knit atmosphere and local parks, ball fields, and seasonal community events that showcase the area?s agricultural roots. The Waverly Community Unit School District 6 serves students with small class sizes and strong extracurriculars. Civic groups and churches host year-round volunteer opportunities that strengthen neighborhood connections.

Living and Local Economy

Housing in Waverly, IL is affordable, with a mix of classic bungalows, ranch homes, and spacious lots appealing to first-time buyers. Local employers, agriculture, and nearby healthcare and government jobs in Springfield and Jacksonville support a stable small-town economy. Whether you?re planning a visit or considering relocation, Waverly, Illinois delivers small-town charm, genuine hospitality, and easy access to big-city amenities.



FAQ – Home Values in Waverly

What is the median home value in Waverly in 2026?

In 2026, the typical home value in Waverly is about $117,828 for an average home size of 1301 square feet. This corresponds to an average price of roughly $91 per square foot.

What is the average cost per square foot in Waverly?

In 2026, homes in Waverly sell for an average of around $91 per square foot, with a typical range between $94 and $94 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Waverly is about 1301 square feet, with an estimated 2026 value around $117,828.



Locations close to Waverly, IL

Williamsville, IL91 $ / ft²
Winchester, IL58 $ / ft²
Woodson, IL90 $ / ft²
Virginia, IL105 $ / ft²
Virden, IL49 $ / ft²
Thayer, IL128 $ / ft²
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