Waterloo, IA is a great place to live for those looking for affordable housing. The median value of homes in the area is $121,000, significantly lower than the US median home value of $338,100. Though the one year appreciation rate in Waterloo is lower than the national average at 7.20%, it still provides a good opportunity for homebuyers to invest and gain some appreciation over time. With plenty of options for those looking to buy or rent, Waterloo provides an attractive option for many prospective homeowners.
The median home cost in Waterloo is $121,000. Home appreciation the last 10 years has been 44.9%. Home Appreciation in Waterloo is up 13.4%.
Average Age of Homes
- The median age of Waterloo real estate is 57 years old
The Rental Market in Waterloo
- Renters make up 33.0% of the Waterloo population
- 2.0% of houses and apartments in Waterloo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.