This page includes AI-assisted content reviewed by Mark Gores, Licensed Minnesota Realtor #20486494. Market statistics and trends are based on information from MLS GRID, deemed reliable but not guaranteed.

All information is sourced from the MLS and verified for accuracy.


Living in Waverly, Minnesota

Overview


Nestled in the heart of Wright County, Waverly, Minnesota, is a charming small town that offers a warm, welcoming atmosphere with an abundance of natural beauty and community spirit. Known for its picturesque landscapes and vibrant community life, Waverly has seen recent developments, including the opening of a new community park in 2022 and the expansion of the local grocery store, enhancing the town's appeal. With a median home price of $345,900 and homes typically spending an average of 38 days on the market, Waverly strikes a balance between affordability and a desirable living environment.

Neighborhoods


Waverly boasts several distinctive neighborhoods, each contributing to the town's unique character. Waverly Village is the heart of the town, offering a blend of historic charm and modern convenience. Its proximity to local amenities makes it a favorite among residents. Lake Waverly Estates is renowned for its stunning lakeside views, providing a serene setting for homeowners looking for tranquility by the water. Meanwhile, North Shore offers a more secluded lifestyle, surrounded by lush greenery and the calming presence of nature, ideal for those seeking privacy and a connection to the outdoors.

Schools & Education


Education is a cornerstone of the Waverly community, served by the Howard Lake-Waverly-Winsted School District (ISD 2687). The district is home to Howard Lake-Waverly-Winsted High School and Humphrey Elementary School, both of which are known for their commitment to academic excellence and community involvement. The schools provide a nurturing environment that focuses on developing well-rounded students equipped for future success.

Parks & Recreation


Waverly is a haven for outdoor enthusiasts, with several parks and recreational facilities. Waverly Lake Park is a local favorite, offering scenic walking trails and picnic areas perfect for family outings. Veterans Memorial Park serves as a community gathering spot, often hosting events and celebrations. For those who love water activities, Waverly Beach Park provides access to the lake for swimming and boating, while Carrigan Park is ideal for a quiet afternoon surrounded by nature.

Local Events


Community spirit is alive and well in Waverly, with annual events that bring residents together. Waverly Daze is a highlight of the summer, featuring parades, fireworks, and fun-filled activities for all ages. During winter, the Waverly Lions Ice Fishing Contest draws enthusiasts to the icy waters of Lake Waverly. Families eagerly anticipate the Annual Easter Egg Hunt, a cherished tradition that signals the arrival of spring and brings joy to children and adults alike.

Real Estate Market


Waverly's real estate market is characterized by stability and opportunity. With a median home price of $345,900, the town offers affordable options for families and individuals looking to settle in a friendly, tight-knit community. Homes here typically spend 38 days on the market, indicating a healthy demand. Over the past year, the market has seen a modest year-over-year price increase of 0.3%, reflecting steady growth. Currently, there are 19 active listings, and 24 properties have been sold in the last 90 days, showcasing the town's appeal to homebuyers.

Commute & Location


Waverly's strategic location provides convenient access to the Twin Cities metro area, making it an attractive option for commuters. The town is situated just a short drive from major highways, allowing residents to reach Minneapolis and St. Paul with ease. This accessibility offers the perfect blend of small-town living with the conveniences and opportunities of urban life. Whether traveling for work or leisure, Waverly residents benefit from the town's proximity to the bustling Twin Cities.

Local Insight


As a Twin Cities real estate expert, I've noticed that Waverly is increasingly becoming a sought-after destination for those looking to escape the hustle and bustle of city life while still maintaining a connection to urban amenities. The recent expansion of the local grocery store and the addition of a new community park in 2022 have significantly enhanced the town's infrastructure, making it more appealing to new residents. A hidden gem in Waverly is The Village Scoop, a delightful ice cream parlor that offers a nostalgic taste of small-town charm and has quickly become a favorite among locals.

In conclusion, Waverly, Minnesota, offers a unique blend of community spirit, natural beauty, and convenient access to urban centers. Whether you're drawn by its vibrant neighborhoods, excellent schools, or the promise of a peaceful lifestyle, Waverly welcomes you with open arms.


Frequently Asked Questions



What is the median home price in Waverly, MN?

The current median home price in Waverly is $345,900. This represents a 0.3% change from last year. Waverly offers a range of housing options across its neighborhoods including Waverly Village, Lake Waverly Estates, West Waverly.



What schools serve Waverly residents?

Waverly is served by Howard Lake-Waverly-Winsted School District (ISD 2687), with Howard Lake-Waverly-Winsted High School as the main high school. Elementary options include Humphrey Elementary School. The district is known for its strong academic programs and community involvement.



How long does it take to commute from Waverly to Minneapolis or St. Paul?

From Waverly, typical commute times are: 47 mins to Downtown Minneapolis (37.8 mi), 58 mins to Downtown St. Paul (49.5 mi). Other key destinations include 52 mins to Mall of America, 54 mins to Minneapolis Airport. These times are based on typical traffic conditions and provide excellent access to the Twin Cities metro area.



How long do homes typically stay on the market in Waverly?

Homes in Waverly typically sell within 38 days. With 19 active listings and 24 homes sold in the past 90 days, it's a dynamic market that rewards prepared buyers.


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