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WAVERLY, IL 62692

Real Estate Market Report  ·  Morgan County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
2
50% pending ratio
Median Price
$69,900
⇧ 12% vs $62,425 last year
Average Price
$61,322
⇩ 1.8% vs $62,425 last year
Days on Market
35
⇧ 25% vs 28 days last year

Market Context

Population: 2,228  ·  Density: 9.9/mi²  ·  Median household income: $63,883

Typical home value: $107,273  ·  Homeownership: 81.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WAVERLY, IL real estate market (62692) currently shows 4 active listings, with 2 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 35 days on market compared to 28 days last year.

The median listing price has risen 12% year-over-year, from $62,425 to $69,900.

Whether you are buying or selling in WAVERLY, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 35 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $69,900 (+12% YoY)
  • Average: $61,322 (-1.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.1 miles — 123 listings ($47,323,533 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62692Waverly, IL 626920.0 mi4$245,288$69,900$61,322
62661Loami, IL 626617.7 mi2$299,800$149,900$149,900
62615Auburn, IL 626159.9 mi8$1,370,264$179,900$171,283
62674Palmyra, IL 6267411.3 mi1$499,900$499,900$499,900
62640Girard, IL 6264012.6 mi9$1,177,074$110,000$130,786
62629Chatham, IL 6262913.4 mi27$10,840,635$369,000$401,505
62668Murrayville, IL 6266815.8 mi2$400,000$200,000$200,000
62711Springfield, IL 6271116.8 mi35$18,367,860$421,000$524,796
62677Pleasant Plains, IL 6267718.8 mi6$3,247,350$259,450$541,225
62533Farmersville, IL 6253319.3 mi2$469,800$234,900$234,900
62044Greenfield, IL 6204420.8 mi4$1,709,332$265,000$427,333
62558Pawnee, IL 6255821.1 mi3$616,950$213,900$205,650
62712Springfield, IL 6271222.1 mi20$8,079,280$399,900$403,964

Frequently Asked Questions

How many homes are for sale in WAVERLY, IL 62692?

As of January 2026, there are 4 active listings in WAVERLY, IL (zip code 62692), compared to 3 the prior year.

What is the median home price in WAVERLY, IL 62692?

The median listing price in WAVERLY, IL 62692 is $69,900 as of January 2026, a 12% increase from $62,425 the prior year.

How long do homes stay on the market in WAVERLY, IL?

Homes in WAVERLY, IL 62692 spend an average of 35 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in WAVERLY, IL 62692?

Based on current inventory and days-on-market data as of January 2026, WAVERLY, IL 62692 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 35 days on market compared to 28 days last year.

How much can I save on real estate commission in WAVERLY, IL?

With SELL123.com's maximum 3% commission, sellers in WAVERLY, IL 62692 save an estimated $1,398 compared to a typical 5% commission on the median listing price of $69,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.