US5.com
  1. Home
  2. States
  3. Iowa
  4. ZIP 50677
  5. Housing & Real Estate
Waverly city, IA

ZIP 50677 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 50677

Median Home Value
$221,600
Median Rent
$649
Affordability Snapshot
$61,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,423/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

28.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 50677 in Waverly city, IA, a household would need roughly $61,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,423. That sits below the local median household income ($82,950), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
74.4%+14% vs US avg
x
Vacancy Rate
7.2%-30% vs US avg
x
Broadband Access
92.7%+7% vs US avg
x
4+ Bedrooms
6.2%-58% vs US avg
x
Built Pre-1939
3.7%-71% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
18.7%-62% vs US avg
x
Mortgage-Free
41.5%+9% vs US avg
x
$221,600
Home Value
$649
Rent
1975
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.7%
  • 1-unit attached4.3%
  • 2-9 units10.4%
  • 10+ units11.1%
  • Mobile home & other2.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$221,600
Median rent$649
Owner-occupied74.4%
Vacant7.2%
Price-to-income2.7x
Est. income to buy$61,000