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Waterloo

Waterloo

Located in Jefferson County

$362,114 Average Value
$178 Average Price per Sq Ft
6 Homes For Sale

Waterloo blends rural surroundings with a vibrant core

Waterloo is a small Wisconsin city surrounded by farms, fields and forests. Despite its rural surroundings, the little place with fewer than 4,000 residents is full of life. "It's a vibrant rural community with the capacity to keep growing and changing," says Adriane Stuebs, broker and owner of Shine Realty, who has been selling in the area since 2014. A quaint downtown attracts diners and shoppers, and riverside parks keep Waterloo connected to its natural surroundings. Community events unite residents, and nearby employers make for a short commute. "It's a quirky and fun spot," Stuebs says. "It's also hard to get into Waterloo, and few people are moving out. Once they get into Waterloo, they stay."

City-backed development led to fast-selling new homes

Older homes are along semi-gridded streets south of the city's main road, East Madison Street. The ranch-style homes, Victorians, Cape Cods and small Colonial Revivals range from $170,000 to $370,000. Homes north of East Madison Street are mostly in subdivisions and pocket neighborhoods and have newer architectural designs. "A few years back, the city recognized a need for more housing, so they developed new homes," Stuebs says. "Those homes sold so fast." New Traditional homes, ramblers, and midcentury modern homes in subdivisions sell between $350,000 and $520,000.

A historic carousel and baseball field anchor the community park

The community's main outdoor space and central gathering spot is Waterloo Firemen's Park. "There's a historic carousel, walking paths, Little Leagues and concerts in the park," Stuebs says. "For a little community, a lot is going on." The carousel is over a century old, and Skalitzky Field at the park is the oldest active baseball diamond in the state; it's been hosting games since July 4th, 1905. Firemen's Park also has a rentable pavilion and a large stage for festivals and concerts. Walking trails along the Maunesha River connect Firemen's Park to Maunesha River Dog Park, where there are fenced areas for large and small breeds.

Local staples like Hartwig’s Diner anchor the business core

East Madison and North Monroe streets intersect, forming a small downtown area with clothing stores, diners, offices and specialty shops in Italianate row buildings. Not every storefront is occupied, but "the city is trying to bring in new businesses and shops to diversify the area," Stuebs says. Hartwig's Waterloo Diner is a long-standing, family-operated restaurant downtown, which Stuebs says has deep roots in the area and well-loved employees. Perry's Piggly Wiggly and Dollar General are in Waterloo. Walmart, Costco, Target, Menards and other national retailers are about 18 miles west in Sun Prairie.

Elementary through high school students learn under one roof

Children attend four schools from prekindergarten through graduation, all sharing the same building. Waterloo Elementary School teaches prekindergarten through fourth grade and is rated C by Niche. Waterloo Intermediate School for fifth and sixth grade is rated C-plus, while Waterloo Middle School is rated C-minus. Waterloo High School earns a B-minus. The community's public fitness center and pool are in the same building as the schools.

Between Madison and Milwaukee via Interstate 94

Two companies with recognizable products have their headquarters in Waterloo: Trek Bicycle Corporation and Van Holten's Pickles. The bicycle company encourages its employees to commute via bike, and West Madison Street has designated bike lanes. Wisconsin highways 89 and 19 meet in Waterloo, with Highway 89 leading south toward Interstate 94 and Lake Mills. "Waterloo is off the beaten path," Stuebs says. "If you're in the Lake Mills area, you have to snake your way through rural backroads to get there." Interstate 94 leads about 60 miles east to Milwaukee and 26 miles west to Madison, the state capital. Dane County Regional Airport is in Madison, while Milwaukee Mitchell International Airport is in Milwaukee. The nearest hospitals are in Madison and Watertown.

Celebrating holidays and history as a group

Events at Firemen's Park include an Easter egg hunt, a Fourth of July celebration and Winterfest, an all-day event with vendors and a parade. A more unique-to-the-area event is the Weiner and Kraut Festival, which celebrates the cuisine and history of the area's Eastern European roots.

Heather Haggerty
Written By
Heather Haggerty

Interested in learning more about homes in this area? Reach out to Melanie Becker, an experienced agent in this area.

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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

Waterloo Housing Trends

Housing Trends

Median List Price
$350,000
Median Sale Price
$315,000
Median Single Family Sale Price
$350,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
47
Median Home Sale Price YoY Change
-5%
Average Price Per Sq Ft
$178

Neighborhood Facts

Number of Homes for Sale
6
Months of Supply
1.50

Open Houses

  • Saturday, Jul 19
    10am - 12pm

    1080 Jaystone Terrace, Waterloo, WI 53594

    $435,000

    • 5 Beds
    • 3 Baths
    • 2,111 Sq Ft
    • 1080 Jaystone Terrace

    Hard to find one better than this! 5 bed/3 bath ranch home with all the big-ticket items already taken care of for you! $54,703.95 by current owner (see docs for list) + roof by previous owner provide you peace of mind for many years. Roof 2017, windows 2020, furnace & A/C 2022, SS kitchen appliances, & washer/dryer to mention a few items. Main floor features spacious living room with gas

    Richard Nelson RE/MAX Property Shop

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Waterloo Has More Owners

Demographics

Total Population
3,055
Median Age
41
Population Density
3 ppl/acre
Population under 18
23.4%
On par with the national average
23.8%
Population over 65
17.9%
On par with the national average
19.1%

Finances

Median Household Income
$63,484
Below the national average
$71,702
Average Household Income
$73,359

Education and Workforce

High School Graduates
91.6%
College Graduates
31.1%
Advanced Degrees
6.9%
Below the national average
13.3%
% Population in Labor Force
78.2%
Above the national average
65.1%

Weather

Annual Precipitation
38''
Average Winter Low Temperature
11°F
Average Summer High Temperature
81°F
Annual Snowfall
34''

Area Factors

Bikeable

Bike Score®®

53 / 100

Somewhat Walkable

Walk Score®®

62 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Waterloo
Melanie Becker
First Weber Inc
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