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Waverly

Waverly

Located in Eaton County

$162 Average Price per Sq Ft
18 Homes For Sale

A suburb with access to retail and employment

Waverly is a suburban community with several green spaces along Grand River and a central commercial area teaming with retailers and restaurants. “In Waverly, there’s a neighborhood for everyone,” says Realtor Thomas Barrett, who sells homes with Keller Williams Realty. “It attracts first-time homebuyers, folks looking to start families, retirees.” While employment options within the unincorporated community are limited, many of the roughly 23,000 residents commute to Lansing. Interstates 69 and 496 run through the community, connecting residents to the rest of the metropolitan area. Healthcare, entertainment and employers are within a 10-minute drive.

Green spaces along Grand River give Waverly residents many options for active recreation.
Green spaces along Grand River give Waverly residents many options for active recreation.
Many Waverly residents commute daily to downtown Lansing along West Saginaw and Michigan Ave.
Many Waverly residents commute daily to downtown Lansing along West Saginaw and Michigan Ave.
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Homes built between the 1950s and early 2000s

“One of the big draws is that taxes are lower than Lansing,” Barrett says. The median single-family home price is roughly $270,000, close to double Lansing’s median yet less than the national median. Most homes were built between the early 1950s and the late ‘70s, but some neighborhoods were developed in the ‘90s and early 2000s. Prices range from $130,000 for midcentury fixer-uppers to $550,000 for renovated properties. There is a mix of ranch styles, bi-levels, Contemporary styles and New Traditionals. “There’s still room for new development, but rather than new housing, there is more renovation going on,” Barrett says.

Affordable ranch homes and spacious split-levels bring a variety of housing options to Waverly
Affordable ranch homes and spacious split-levels bring a variety of housing options to Waverly
Newer developments with contemporary home styles continue to expand along Waverly's west side.
Newer developments with contemporary home styles continue to expand along Waverly's west side.
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Green spaces along the Grand River

Several neighborhood parks have playgrounds, shelters, picnic tables and open fields. On the community’s north end, the Grand River has two parks providing paved trails and canoe launches. Many residents fish for bass on the river along the community’s south end, where there is a nature park with ample opportunity for bird watching and mountain biking.

Waverly residents can walk or bike from Delta Mills Park to Sharp Park trail via Webster Road.
Waverly residents can walk or bike from Delta Mills Park to Sharp Park trail via Webster Road.
The disc golf course at Grand Wood Park draws active residents from across Waverly.
The disc golf course at Grand Wood Park draws active residents from across Waverly.
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Education at Waverly Community Schools

The C-plus Niche-rated Waverly Community Schools has a 90% graduation rate, above the Lansing Public School District’s and state average. The district’s math and reading proficiencies are higher than the Lansing Public School District’s averages. WCS has two elementary schools, two middle schools and one high school. Preschoolers and kindergarteners attend Colt Early Childhood Education Center, which has a B rating.

Waverly Senior High School serves students in grades 9-12 in Waverly.
Waverly Senior High School serves students in grades 9-12 in Waverly.
Meryl S. Colt Elementary School has an overall B rating on Niche.
Meryl S. Colt Elementary School has an overall B rating on Niche.
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Dining along West Saginaw Highway

Dozens of shopping and dining options line West Saginaw Highway, which runs through the center of the community. Various local options offer casual digs and serve an eclectic range of fare, including East Asian, Mediterranean, Mexican, Cajun and classic American dishes. There are also various sit-down chain eateries and fast-food franchises. The street is also lined with grocery stores and other big-box retailers. Lansing Mall has several major retailers as well as a movie theater.

Sit-down chain restaurants like Red Robin attract Lansing diners to Waverly's shopping district.
Sit-down chain restaurants like Red Robin attract Lansing diners to Waverly's shopping district.
Regal Stadium 12 has drawn movie-goers to the Lansing Mall in Waverly for over a decade.
Regal Stadium 12 has drawn movie-goers to the Lansing Mall in Waverly for over a decade.
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Riverboat tours and model trains

The Michigan Princess Riverboat docks just east of the community and offers regular charter cruises. A replica of a 19th-century vessel holds up to 350 people and even has a restaurant. On the community’s south end, the Lansing Model Railroad Club meets at a building designed to look like a vintage train station. Club members work together to build elaborate landscapes with their model train sets. In neighboring Lansing, folks catch Broadway shows at the Wharton Center for Performing Arts.

19th-century Michigan Princess Riverboat cruises along the Grand River branch south of Waverly.
19th-century Michigan Princess Riverboat cruises along the Grand River branch south of Waverly.
A vintage train station south of Waverly is home to the Lansing Model Railroad Club.
A vintage train station south of Waverly is home to the Lansing Model Railroad Club.
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Getting around the Lansing Metropolitan Area

E.W. Sparrow Hospital has a level I trauma center less than 15 minutes east of the community. West Saginaw Highway is lined with public bus stops that connect residents to the rest of the Lansing Metropolitan Area. The Capital Region International Airport is a 10-minute drive north of the community. The area’s top employer, the State of Michigan, has its capital in downtown Lansing, about 10 miles east of Waverly. Other major Lansing employers include General Motors, Michigan State University and several insurance companies.

The Lansing Township Police Department oversees Waverly, so specific crime data is unavailable for the community.

William Palicia
Written By
William Palicia
James Gordon
Photography Contributed By
James Gordon
Brooke Mattingly
Video By
Brooke Mattingly

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

Agents Specializing in this Area

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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
$270,000
Median Sale Price
$275,000
Median Single Family Sale Price
$285,000
Median 2 Bedroom Sale Price
$205,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
201
Median Home Sale Price YoY Change
8%
Average Price Per Sq Ft
$162

Area Facts

Number of Homes for Sale
18
Months of Supply
1.10

Open Houses

  • Saturday, Sep 20
    Open Sat 10AM - 12PM

    916 Montevideo Dr Unit G, Lansing, MI 48917

    $199,900

    • 2 Beds
    • 3 Baths
    • 1,837 Sq Ft
    • 916 Montevideo Dr
    • Unit G
    • New 2 days ago

    Welcome to this beautifully maintained 2-bedroom, 2.5-bathroom condo, offering spacious living in a prime location. The open-concept living area features soaring high ceilings and a cozy gas fireplace that creates a welcoming atmosphere. Step outside through the walkout slider to your private back deck, perfect for enjoying peaceful outdoor moments. The galley-style kitchen is a chef's dream with

    Jeff Burke EXP Realty, LLC

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  • Sunday, Sep 21
    Open Sun 12PM - 1PM

    916 Montevideo Dr Unit E, Lansing, MI 48917

    $229,900

    • 3 Beds
    • 2.5 Baths
    • 2,252 Sq Ft
    • 916 Montevideo Dr
    • Unit E
    • New 8 days ago

    Enjoy 3 stories of professionally styled carefree condo living! Big bright windows bathe this home in soothing natural light. There is a private deck for outdoor entertaining, including a pergola that lets the sun in but keeps the rain away! The spacious living in dining rooms are open and feature a convenient gas fireplace, designer floors & endless entertaining possibilities. The island kitchen

    Liz Horford RE/MAX Real Estate Professionals

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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
23,735
Median Age
42
Population under 18
20.1%
On par with the national average
23.8%
Population over 65
23.5%
On par with the national average
19.1%

Finances

Median Household Income
$66,404
Below the national average
$71,702
Average Household Income
$83,138

Education and Workforce

High School Graduates
95.8%
Above the national average
89.1%
College Graduates
42.3%
Above the national average
34.1%
Advanced Degrees
15.6%
% Population in Labor Force
66.4%

Area Factors

Bikeable

Bike Score®®

55 / 100

Somewhat Walkable

Walk Score®®

62 / 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