The Waterloo-Cedar Falls, IA Metro Area has a median housing value of $163,200, which is lower than the US house median value of $338,100. However, the one year appreciation rate for houses in Waterloo-Cedar Falls is higher than the national average at 10.65%, compared to 8.27%. This demonstrates that there is a strong housing market in this area and it may be a good time to invest in real estate here.
The median home cost in Waterloo-Cedar Falls Metro Area is $163,200. Home appreciation the last 10 years has been 48.3%. Home Appreciation in Waterloo-Cedar Falls Metro Area is up 13.4%.
Average Age of Homes
- The median age of Waterloo-Cedar Falls Metro Area real estate is 54 years old
The Rental Market in Waterloo-Cedar Falls Metro Area
- Renters make up 27.7% of the Waterloo-Cedar Falls Metro Area population
- 1.7% of houses and apartments in Waterloo-Cedar Falls Metro Area, 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.