Real Estate Investing in Waverly, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 2,128 • Morgan County

☆ Watch this market Free account

Should you buy in Waverly, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
GREAT FIT
Grade A (86/100)

Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Waverly, IL?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $120,273
Avg Monthly Rent $918
ZIP Codes 1

Investing in Waverly Real Estate

Waverly, IL covers 1 ZIP codes and a population but the investment metrics here are soft — this is not a market to enter casually.

Waverly is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. plainly out-of-state investors should be especially careful with the assumptions they carry in.

Rent trends and price trends in Waverly are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Illinois.

Demographics in Waverly show real pressure — median income of $N/AK is underwhelming relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Jacksonville, IL

Waverly is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Waverly, IL. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Waverly, IL?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$120,273
Avg Monthly Rent
$918
1% Rule
✗ Below
Landlord Friendly (IL)

📉 Market Crash Risk Index

Based on Jacksonville, IL metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
45%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Jacksonville, IL metro
0
Days to pending
7.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Waverly, IL

Screen every ZIP in Waverly

Filter Waverly’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Waverly, IL

How strong is Waverly, IL for real estate investors?

Our data puts Waverly, IL at 3.0/5 for investability. Home prices of $120K and rents around $918/mo create a solid backdrop for investor activity.

What do rentals go for in Waverly, IL?

Rents in Waverly, IL run near $918/mo. Compared with median home prices of $120K that produces solid gross yields for typical rentals.

Are homes affordable in Waverly, IL?

Expect median prices around $120K in Waverly, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.

Should investors worry about vacancy in Waverly, IL?

Waverly, IL carries elevated vacancy risk. Expect measured absorption at market rents of $918/mo.

How do experienced investors play Waverly, IL?

Waverly, IL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($120K prices, $918/mo rents) make it a reasonable choice.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Waverly, IL.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.