Waverly, Lansing, MI
Waverly — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Waverly, Lansing, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Waverly Neighborhood Overview
Waverly is a residential neighborhood located in the southwestern part of Lansing, Michigan. It is known for its family-friendly atmosphere and convenient suburban location. The community offers a blend of established homes and quiet streets.
Lifestyle & Amenities
Residents enjoy access to several local parks and recreational facilities, including Waverly Park. The area is served by nearby shopping centers and restaurants along Waverly Road and Saginaw Highway. This provides daily conveniences without requiring long commutes.
Real Estate Market
The housing market in Waverly primarily consists of single-family homes. According to U.S. Census data, the median home value in the area is $192,800. This represents a stable and accessible market for many homebuyers in the region.
Schools & Education
The neighborhood is served by the Waverly Community Schools district. Families in the area have access to local public schools from elementary through high school. The district is a central part of the community's identity.
Transportation & Connectivity
Waverly is well-connected by major roads like Saginaw Highway (M-43) and Waverly Road, providing easy access to downtown Lansing and surrounding areas. Public transportation options are available through the Capital Area Transportation Authority (CATA). Its location offers straightforward commutes to employment centers throughout the region.
Why Choose Waverly
With a median household income of $71,370, the neighborhood offers a comfortable standard of living for its residents. It is an ideal choice for those seeking a stable, family-oriented community with good access to city amenities. The combination of affordable housing, established schools, and convenient location makes it a practical and appealing place to live.
Waverly Market Data
| Metric | Value |
|---|---|
| Median Home Price | $193K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $71K |
| Homeownership Rate | 58.6% |
| Renter-Occupied | 41.4% |
| Rental Vacancy Rate | 2.9% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 48917 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Waverly, Lansing
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Waverly, Lansing, MI. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15