Home Insurance in Waverly, Ohio

With a median home value of $168,900, Waverly is close to the Pike County median.

The typical home in Waverly was built around 1960. About 49% of homes were built before 1960, about 20 points above Pike County's 29%. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild.

The housing stock in Waverly is 84% single-family homes, 10% apartments in buildings with 5+ units and 1% mobile or manufactured homes.

57% of owner-occupied homes in Waverly carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.

About 51% of occupied homes in Waverly are owner-occupied. The vacancy rate is 12%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

63% of homes in Waverly are primarily heated with natural gas.

Pike County had 97 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is inland flooding (Relatively Low). See the full Pike County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.

In Ohio, the statewide average premium for a standard HO-3 homeowners policy is $1,116 per year (NAIC, 2023 data).

Key figures

Median home value$168,900
Median year built1960
Owner-occupied share51%
Share of owner-occupied homes with a mortgage57%
Top county hazardInland Flooding (Relatively Low)
Active NFIP policies in Pike County97
Home insurance premium$1,116 - statewide average (NAIC, 2023 data)
Key home insurance figures for Waverly, OH

Nearby towns

Sources

Data last updated: 2026-09-29