Why Live in Waverly
Waverly, a rural community in southeast Virginia, offers a tranquil lifestyle surrounded by farmland and historic charm. Established in 1854, the neighborhood features a small downtown area with brick storefronts and local businesses, including HonduMex Cuisine and Adams’ Peanuts & Country Store. The community has been revitalized under the leadership of Mayor Angela McPhaul, who has enhanced the area with new businesses and beautification projects. Residents enjoy outdoor activities at Allen W. Gibson Jr. Community Park, which includes playgrounds, pickleball and tennis courts, picnic areas, and a community garden. The park also hosts events like Oktoberfest and a 5K run. Waverly is safer than the national average, with a low crime risk. The public schools, including Sussex Central Elementary, are rated highly, providing quality education for local children. Homes in Waverly range from mid-20th century ramblers to farmhouse-style residences, with prices generally between $30,000 and $360,000. The neighborhood is well-connected by Route 40 and Route 460, making it accessible to nearby towns and cities. The Miles B. Carpenter Folk Art Museum, currently under renovation, is a local cultural highlight, set to reopen by August 2025. Despite occasional tornado warnings and flood risks, Waverly maintains a peaceful, community-focused atmosphere.
Home Trends in Waverly, VA
On average, homes in Waverly, VA sell after 60 days on the market compared to the national average of 50 days. The median sale price for homes in Waverly, VA over the last 12 months is $225,000, up 25% from the median home sale price over the previous 12 months.
Median Sale Price
$225,000
Median Single Family Sale Price
$230,000
Average Price Per Sq Ft
$165
Number of Homes for Sale
6
Last 12 months Home Sales
33
Median List Price
$225,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
25%