The typical owner-occupied home in Waverly is worth about $405,200, 59% above the Pennsylvania median of $254,500 and 22% above the national median of $332,700. Owners pay a median $4,323 a year in property taxes, about 1.07% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $124,167 a year, so the median home costs 3.3 times the median income (3.3 times for Pennsylvania). 92% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
Waverly at a glance
| Waverly | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $405,200 | $254,500 | $332,700 |
| Median property tax paid per year | $4,323 | $3,311 | $3,119 |
| Property tax as a share of value | 1.07% | 1.30% | 0.94% |
| Median household income | $124,167 | $77,971 | $80,734 |
| Homes lived in by their owners | 92% | 69% | 65% |
| Owner homes with a mortgage | 46% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,982 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 10.9% | 19.4% | 21.0% |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1951 | 1965 | 1980 |
| Vacant homes | 12.5% | 9.2% | 10.1% |
| Population | 653 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Waverly
At this week's average 30-year rate of 7.11%, buying the median Waverly home of $405,200 with 20% down costs about $2,711 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,386, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $116,177 for the 20%-down payment. That payment is 26% of the median Waverly household income of $124,167; at that income and 20% down, the 28% guideline points to a home of about $433,000.
| Down payment | $81,040 |
|---|---|
| Loan amount | $324,160 |
| Principal and interest | $2,181 |
| Property taxes (1.07% a year) | $361 |
| Homeowners insurance (our estimate, 0.5% a year) | $169 |
| PMI | $0 |
| Total per month | $2,711 |
Change the numbers in the calculator
| Down payment | $14,182 |
|---|---|
| Loan amount | $397,861 |
| Principal and interest | $2,676 |
| Property taxes (1.07% a year) | $361 |
| Homeowners insurance (our estimate, 0.5% a year) | $169 |
| FHA mortgage insurance | $179 |
| Total per month | $3,386 |
Change the numbers in the calculator
Questions about home buying in Waverly
What is the median home value in Waverly?
About $405,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Waverly?
Homeowners pay a median $4,323 a year, which is about 1.07% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Waverly?
For the median home with 20% down at 7.11%, the payment is about $2,711 a month. Keeping that under 28% of gross income takes about $116,177 a year.
More about Waverly
- Mortgage Refinance in Waverly
- Debt Relief in Waverly
- Home Equity Loans in Waverly
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data