Section Image

Waverly

Waverly

Located in Bremer County

$272,091 Average Value
$146 Average Price per Sq Ft
29 Homes For Sale

A promising college town 20 miles north of Cedar Falls

Life in Waverly, Iowa, revolves around Wartburg College, a private liberal arts college that’s been at the center of the community since 1935. “We’re a smaller community of about 10,000, but we’re close to a few larger areas,” Century 21 Signature Realtor Jennifer Steere says. “College towns are very popular – especially in Iowa.” In addition to an enrollment of over 1,400 students, Wartburg College is also the city’s biggest economic driver, employing over 500 people. While small, Waverly is the largest city in Bremer County, and its top-rated educational options and a variety of indoor and outdoor recreation earn it the spot as the 16th best place to live in Iowa from Niche.com.

The people of Waverly take pride in their city and their communities.
The people of Waverly take pride in their city and their communities.
Downtown Waverly straddles the Cedar River and features parks, trails, and plenty of shopping and dining.
Downtown Waverly straddles the Cedar River and features parks, trails, and plenty of shopping and dining.
1/2

A limited market with diversified housing

Architectural styles range from contemporary to Victorian-style in Waverly’s real estate market, with some properties dating as far back as 1888. However, there is limited on-hand inventory with fewer than two months of supply at a time. “We do have some new construction, but not a lot,” Jennifer says. “We have farmland all around, so it’s very hard to expand the town as far as new construction goes.” The median sale price is $225,500, lower than the state and national median.

Older homes in Waverly come in various sizes, styles, and shapes.
Older homes in Waverly come in various sizes, styles, and shapes.
Custom homes are popping up in developments like this one on Waverly's south side.
Custom homes are popping up in developments like this one on Waverly's south side.
1/2

Lutheran influences on education

The city shares a school district with its neighbor at Waverly-Shell Rock Community Schools, which earned an A-minus on Niche.com and was rated the second-best school district in Bremer County. St. Paul’s Lutheran Church has a private school serving preschool through sixth-grade students, while Wartburg College offers more than 60 areas of study on a 118-acre campus that sprawls across the center of the city.

Waverly-Shell Rock High School serves around 800 students in grades 9-12.
Waverly-Shell Rock High School serves around 800 students in grades 9-12.
Wartburg College is a small private college with around 1,500 students.
Wartburg College is a small private college with around 1,500 students.
1/2

Camping at Cedar River

With 20 public parks and over 12 miles of scenic hiking and biking trails, Waverly is a vibrant recreational community with indoor and outdoor attractions. The W Sports & Wellness Center at Wartburg College has a vortex pool and a 30-foot climbing wall, while Cedar River Park has eight baseball diamonds and a soccer complex. Campsites are available on a first-come, first-served basis at the Cedar Bend campgrounds, and golfing tournaments are held throughout the year at the city’s two 18-hole courses.

Miles of trails and many parks are easily accessible for Waverly residents.
Miles of trails and many parks are easily accessible for Waverly residents.
Cedar Bend Park is just north of Waverly and features hiking and camping on the banks of the Cedar River.
Cedar Bend Park is just north of Waverly and features hiking and camping on the banks of the Cedar River.
1/2

Downtown dining and shopping selections

CrawDaddy Outdoors provides canoes and kayaks for Cedar River excursions and adventure trips to neighboring rivers and campsites. Beauty salons and novelty stores mainly populate the downtown district, while boutique shops like Moe & Arrow comprise much of the southwestern corridor. Local dining options include brunch spots like Wild Carrot and taprooms such as the Bremer Brewing Co. The closest grocery stores include Hy-Vee, Walmart and Aldi.

Downtown Waverly shops like The Prairie Bee offer locally-owned goods and services.
Downtown Waverly shops like The Prairie Bee offer locally-owned goods and services.
Bremer Brewing Company is a Waverly hotspot with award-winning craft beers.
Bremer Brewing Company is a Waverly hotspot with award-winning craft beers.
1/2

Shuttling along the Avenue of the Saints

Part of an interconnected four-lane highway system, Waverly provides residents with several public transportation options, including OnBoard Public Transit, which services Bremer and its surrounding counties. Reservations can also be made for the Saints Avenue Shuttle service, which provides $10-$20 rides to University of Iowa hospitals and clinics on Wednesdays and Thursdays. Residents have an accredited health care provider in the Waverly Health Center, while the closest commercial airport is 20 miles south at the Waterloo Regional Airport.

Sounds of the Wartburg Community Symphony

In addition to having performing arts venues in the Bachman Fine Arts Center and the Shades of Rhythm Amphitheater, Wartburg musicians also volunteer for the community symphony. The Waverly Chamber Music Series also hosts concerts in the fall and spring.

Weather & Crime

Getting an average of 35 inches of snowfall yearly means crews are always out bright and early, plowing streets between 2 and 4 a.m. Flooding is a minimal risk thanks to the inflatable dam that was finished in 2011, but residents on the southeastern end of the city should be on the lookout if Janesville’s river gauge exceeds 11 feet. According to the Waverly Police Department, the property crime rate is below the national average, while violent crime is higher than the national average.

David Dunn
Written By
David Dunn
Drew Davis
Photography Contributed By
Drew Davis
Conar McDaniel
Video By
Conar McDaniel

Interested in learning more about homes in this area? Reach out to Karmen Schwake, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Waverly Housing Trends

Housing Trends

Median List Price
$235,000
Median Sale Price
$225,000
Median Single Family Sale Price
$230,200
Median Townhouse Sale Price
$190,250
Median 2 Bedroom Sale Price
$150,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
128
Median Home Sale Price YoY Change
-4%
Average Price Per Sq Ft
$146

Area Facts

Number of Homes in Neighborhood
1,467
Number of Homes for Sale
29
Median Year Built
2000
Months of Supply
2.70
Average Single Family Home Size Sq Ft
1,896
On par with the national average
1,925
Average Townhouse Size Sq Ft
1,627
Average 2 Bedroom Size Sq Ft
1,130
Average 1 Bedroom Size Sq Ft
835
Median Lot Size Sq Ft
8,712

Open Houses

  • Sunday, Sep 28
    Open Sun 1PM - 2PM

    607 10th Ave NW, Waverly, IA 50677

    $205,000

    • 3 Beds
    • 2 Baths
    • 1,188 Sq Ft
    • 607 10th Ave NW
    • New 2 days ago

    Welcome home to this charming 3-bedroom, 2-bathroom ranch with an attached 2-stall garage. Nestled in a desirable neighborhood, this property offers a wonderful layout filled with natural light. The main floor features a spacious living room that flows seamlessly into the dining area and kitchen. The dining room includes sliding doors that open to a back deck—perfect for entertaining or relaxing

    Nicole Miller RE/MAX Concepts - Waverly

    Section Image
  • Sunday, Sep 28
    Open Sun 12PM - 1PM

    117 6th Ave NW, Waverly, IA 50677

    $99,400

    • 1 Bed
    • 1 Bath
    • 432 Sq Ft
    • 117 6th Ave NW
    • New 4 days ago

    Completely remodeled & move-in ready! This charming 1 bed, 1 bath home in Waverly has been fully updated inside and out, offering peace of mind for years to come. Exterior updates include a new roof, siding, soffit, fascia, gutters, and front deck. Step inside to brand new LVP flooring, trim, drywall, windows, furnace, water heater, updated plumbing, plus a stunning new kitchen and modern

    Lydia Herman Structure Real Estate

    Section Image
  • Sunday, Sep 28
    Open Sun 1:30PM - 2:30PM

    819 E Bremer Ave, Waverly, IA 50677

    $215,000

    • 5 Beds
    • 1.5 Baths
    • 2,011 Sq Ft
    • 819 E Bremer Ave
    • New 7 days ago

    Step into this charming home located in the heart of Waverly, offering a perfect blend of character, comfort, and convenience. This well-maintained property features spacious living areas, large windows for abundant natural light, and a functional layout perfect for both everyday living and entertaining. Whether you're relaxing on the inviting front porch, enjoying the backyard space, or

    Brian Happel RE/MAX Concepts - Waverly

    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Waverly Has More Owners

Demographics

Total Population
11,104
Median Age
36
Population under 18
25.9%
On par with the national average
23.8%
Population over 65
19.6%
On par with the national average
19.1%

Finances

Median Household Income
$73,211
On par with the national average
$71,702
Average Household Income
$85,693

Education and Workforce

High School Graduates
96%
Above the national average
89.1%
College Graduates
41.1%
Above the national average
34.1%
Advanced Degrees
15.9%
% Population in Labor Force
70.7%

Weather

Annual Precipitation
36''
Average Winter Low Temperature
11°F
Average Summer High Temperature
85°F
Annual Snowfall
24''

Area Factors

Very Bikeable

Bike Score®®

74 / 100

Somewhat Walkable

Walk Score®®

60 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Waverly