c.1974 Tennessee Brick Ranch For Sale on 4.15 Acres $189,000

90 Oak Hollow Dr, Waverly, TN 37185

• Contact Realtor: Alyssa Hagen
• Google Map
• Niche

Pros of Living in Waverly, TN

1. Extremely Affordable Cost of Living

• The cost of living is about 20% below the national average, with expenses on housing, groceries, utilities, and healthcare significantly more affordable

• Median home prices average around $171,700, roughly 49% less than the U.S. average, while renting a two-bedroom costs about $730/month—nearly half the national rate

2. Strong Housing Stability & Ownership

• Around 72–73% of residents own their homes, promoting neighborhood stability and roots

• Home values show steady appreciation; Niche gives housing a B grade

3. Safe and Friendly Community

• Crime and safety are above average—Niche rates the town B for safety, and AreaVibes notes Waverly’s crime rate is 74% lower than the Tennessee average, with a decreasing trend in both violent and property crimes

• Locals consistently rate the town high for friendliness and a strong community vibe

4. Affordable Everyday Life & Services

• A family’s monthly expenses average just $2,730—49% less than the U.S. average—making Waverly a great value

• Basic utilities (around $150/month) and groceries are also cheaper than national figures

5. Natural Beauty & Outdoor Recreation

• Waverly’s setting in the Trace Creek Valley offers access to outdoor spots like Waverly Lake, Johnsonville State Historic Park, and nearby hiking and water activities

• The tight-knit town hosts frequent community events and local festivals, reinforcing its small-town charm

6. Central Location & Historical Roots

• As the county seat, Waverly provides governmental and historical appeal—and is just over an hour from Nashville

• The town’s rich heritage includes Civil War history and landmarks like the Greyhound Half-Way House, listed on the NRHP

Cons of Living in Waverly, TN

1. Limited Amenities & Public Transit

• Essentials like shopping, restaurants, and entertainment are limited; most errands require driving

• Public transit is virtually nonexistent, and commute scores are low

2. Constrained Job Market and Lower Incomes

• Employment opportunities are modest, with reliance on sectors like education, healthcare, and retail. Niche gives a C for Jobs

• Median household income hovers around $45.6K, well below the national average, and unemployment and poverty rates remain elevated

• Educational outcomes are varied: Niche gives schools a C+, and AreaVibes and PlaceVista highlight lower test scores and mixed graduation results

• District graduation rates are fairly solid (~90%), though academic performance in reading and math is average to below average.

4. Vulnerability to Flooding

• In August 2021, Waverly was severely affected by catastrophic floods, which inundated hundreds of homes and created a state of emergency

• Flooding remains a notable environmental risk to be aware of.

5. Aging Population & Slow Growth

• Median age is around 46 years, indicating an older demographic, and population growth has been very modest (~0.2% annually)

• This reflects a steady but low dynamic in town growth.