Gates Park
Neighborhood in Waterloo, Iowa
Black Hawk County 50703
Modest-sized homes under the Waterloo median
Single-family homes typically range between $45,000 and $120,000, below the Waterloo median price. Prices reflect the size and age of the neighborhood’s homes, as there are many two-bedroom bungalows and minimal traditional builds from the 1940s and 1950s. Gates Park’s relative affordability attracts investors and first-time buyers who don’t mind putting in a bit of work to update a house. Homes here are tightly arranged on grassy plots, which neighbors populate with gardens and kids’ bikes and other toys.
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Renovations underway at Gates Park's namesake
As of summer 2024, renovations are underway at Gates Park, transforming the park’s neglected pool into a splash pad and playground, and adding an amphitheater, skating rink and soccer fields. In the meantime, neighborhood kids can use the playground and basketball courts at Virden Creek Park, or head to Sullivan Memorial Park’s baseball field and shaded green space. Gates Park Golf Course and Red Carpet Golf Course are also within reach, offering day rates and season passes to play their 18-hole courses.
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Career training for East High students
Kids here begin at Dr. Walter Cunningham School for Excellence, then head to George Washington Carver Academy, both rated a C-minus from Niche. Teens at C-plus-rated Waterloo East High can participate in the International Baccalaureate program, or take courses in nursing, education and other fields at the Waterloo Career Center, which has a partnership with the school.
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Celebrating Juneteenth at Sullivan Memorial Park
Waterloo’s annual Juneteenth celebration dates back nearly 30 years. In 2024, community members marched from Ferguson Field to Sullivan Memorial Park and watched a proclamation from Mayor Quentin Hart and enjoyed food vendors, live music and kids’ activities.
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Convenient commuting to John Deere and other employers
U.S. Route 63 runs along the neighborhood, connecting residents to destinations across the Cedar Valley. “What I tell people is you’re in the center of the job hub; In 2 minutes you can be on your way to work to a lot of different manufacturers,” Draine says. John Deere, a leading Waterloo employer, is 2.5 miles away, and downtown Waterloo is a 1.5-mile drive. Gates Park sits adjacent to Allen Hospital, which Draine says is an asset. Opened in 1925, the facility has an emergency room, as well as a counseling center and several specialty departments. Though most people here drive, the neighborhood has a handful of bus stops on lines 3 and 4.
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Chains and local dining along Logan Avenue
The neighborhood has some businesses along Logan Avenue, including a new Taco Bell and East China, a casual stop with weekday lunch specials and boba teas. Other local options include D & K Hickory House, a longtime establishment boasting the best ribs in town, and Flip’s, best known for their catfish and coleslaw. Downtown’s growing restaurant scene is less than 2 miles away, where favorites like Morg’s diner often have a line out the door. All-In Grocers is the closest place to stock up on fresh produce, opened in 2023 by local residents. The store has an attached community center offering after-school programs.
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Potential flood risk in southern Gates Park
Waterloo has a history of flooding, potentially affecting Gates Park homes that are closer to the Cedar River. The last major flood was in 2008, though the city has since invested $17 million in a stormwater flood pump station.
Written By
Kayla Solsbak
Photography Contributed By
Chris Jeong
Video By
Ennis Warlick
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Agents Specializing in this Area
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Angie Andersen
Angie Andersen
Responds QuicklyBerkshire Hathaway Home Services One Realty Centre
(319) 261-9719
112 Total Sales
1 in Gates Park
$105,000 Price
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Karmen Schwake
Karmen Schwake
Oakridge Real Estate
(319) 349-2059
71 Total Sales
1 in Gates Park
$98,500 Price
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Luke Bartlett
Luke Bartlett
Oakridge Real Estate
(319) 349-2356
207 Total Sales
1 in Gates Park
$57,500 Price
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Arleen Kugler,SRES,ABR,CRS
Arleen Kugler,SRES,ABR,CRS
Responds QuicklyBerkshire Hathaway Home Services One Realty Centre
(319) 229-7321
99 Total Sales
1 in Gates Park
$69,900 Price
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Gordon Sorensen
Gordon Sorensen
Responds QuicklyRE/MAX Concepts - Cedar Falls
(319) 595-4754
180 Total Sales
3 in Gates Park
$81K - $92K Price Range
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Chris Fischels
Chris Fischels
Fischels Commercial Group
(319) 349-2079
325 Total Sales
7 in Gates Park
$21K - $121K Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 6th to 8th
- Public
- Pre-K to 5th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Big Guitar
Sullivan Memorial park
Gates Park
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Gates Park | US |
|---|---|---|
| Homicide | 6 | 4 |
| Sexual Assault | 5 | 4 |
| Assault with Weapon | 6 | 4 |
| Robbery | 5 | 4 |
| Burglary | 5 | 4 |
| Motor Vehicle Theft | 4 | 4 |
| Larceny | 4 | 4 |
| Crime Score | 5 | 4 |
Source: WhatIsMyCrimeRisk.com
Gates Park Demographics and Home Trends
On average, homes in Gates Park, Waterloo sell after 56 days on the market compared to the national average of 49 days. The median sale price for homes in Gates Park, Waterloo over the last 12 months is $102,500, up 27% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$109,900
Median Sale Price
$102,500
Median Single Family Sale Price
$104,900
Median Change From 1st List Price
11%
Last 12 months Home Sales
5
Median Home Sale Price YoY Change
27%
Average Price Per Sq Ft
$108
Neighborhood Facts
Number of Homes in Neighborhood
488
Number of Homes for Sale
2
Median Year Built
1945
Months of Supply
4.80
Average Single Family Home Size Sq Ft
958
Significantly below the national average
1,933
Average Townhouse Size Sq Ft
1,468
Median Lot Size Sq Ft
6,534
Distribution of Home Values
Homes for Sale
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,128
Median Age
39
Population Density
8 ppl/acre
Population under 18
27.1%
On par with the national average
23.8%
Population over 65
21.5%
On par with the national average
19.1%
Finances
Median Household Income
$36,154
Significantly below the national average
$71,702
Average Household Income
$46,549
Education and Workforce
High School Graduates
81%
College Graduates
16.5%
Below the national average
34.1%
Advanced Degrees
2%
Below the national average
13.3%
% Population in Labor Force
68.6%
Weather
Annual Precipitation
36''
Average Winter Low Temperature
11°F
Average Summer High Temperature
85°F
Annual Snowfall
24''
Area Factors
Somewhat Bikeable
Bike Score®
48
/ 100
Car-Dependent
Walk Score®
45
/ 100
Minimal Transit
Transit Score®
18
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Common Grounds
Shared values and amenities close to downtown Waterloo
Good Shepherd
Sprawling Gates Park within walking distance of tiny neighborhood
Maples
Simple living near Waterloo's medical district
Roosevelt
Grassroots community efforts rebuilding affordable Northend homes
We Care
Northeast Waterloo residential neighborhood within a mile of downtown
Franklin Gateway
An affordable, conveniently located community along the Cedar River
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