Waterloo, IL is a great place to invest in housing. The median value of housing in the area is $245,600, which is significantly lower than the US median value of $338,100. In addition, the house appreciation rate over the last year has been 10.25%, which is higher than the US average of 8.27%. With such an attractive combination of price and potential for growth, there are many opportunities for investors in Waterloo's housing market.
The median home cost in Waterloo is $245,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Waterloo is up 12.4%.
Average Age of Homes
- The median age of Waterloo real estate is 27 years old
The Rental Market in Waterloo
- Renters make up 21.3% of the Waterloo population
- 1.7% 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.