Waterloo, IL is a small city located in Monroe County with a population of just over 8,000. The median housing value for Waterloo is $250,700 which is significantly lower than the national median value of $338,100. Despite this difference however, the one-year house appreciation rate in Waterloo is higher than the national rate at 10.25%. This means that homeowners in Waterloo have seen a greater increase in their home's value over the past year than other locations across the country. This is great news for current and prospective homeowners in Waterloo as it could mean increased financial security with their home investment moving forward.
The median home cost in Waterloo (zip 62298) is $250,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Waterloo (zip 62298) is up 12.4%.
Average Age of Homes
- The median age of Waterloo (zip 62298) real estate is 26 years old
The Rental Market in Waterloo (zip 62298)
- Renters make up 16.2% of the Waterloo (zip 62298) population
- 1.1% of houses and apartments in Waterloo (zip 62298), 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.