New Construction Homes for Sale in Waterloo, IA

/5
$84,900 Lot/Land

Lot 15 Red Tail Dr, Waterloo, IA 50701
- 0.51 Acre
- $166,471 per Acre
AWESOME Location! Red Tail is the newest housing development in Waterloo. Don't miss out on your chance to be part of this exciting new community on Red Tail Drive! This modern new construction home site is an amazing spot to build your dream home. Several contemporary homes are setting the pace stylistically for this development. You will love the location, situated in Audubon Park and close to

Amy Wienands AWRE, EXP Realty, LLC

Lot 15 Red Tail Dr, Waterloo, IA 50701
Explore Waterloo
/2
$199,900 Lot/Land

2.29 Acres Ansborough Ave, Waterloo, IA 50701
- 2.29 Acres
- $87,293 per Acre
Great opportunity for M-1 zoned commercial ground. Ideal location with prime visibility and convenience access to Hwy 218. Seller is related to listing agent.

Chris Fischels Fischels Commercial Group

2.29 Acres Ansborough Ave, Waterloo, IA 50701
/8
$13 Lot/Land

Outlot C E Ridgeway Ave Unit Outlot C, Waterloo, IA 50702
- 0.79 Acre
- $16 per Acre
Excellent outlot development opportunity within Crossing Point Plaza on E Ridgeway Avenue. Available parcels range from 0.79 to 1.15 acres, providing flexibility for a variety of retail uses. The sites offer excellent visibility along the heavily trafficked East San Marnan Drive, just minutes from the I-380 / US-218 interchange, delivering strong accessibility and exposure. The outlots are

Lindsey McEnaney AWRE - Commercial & Development

Outlot C E Ridgeway Ave Unit Outlot C, Waterloo, IA 50702
/2
$9 Lot/Land

Lot 1 San Marnan Dr, Waterloo, IA 50701
- 1.2 Acres
- $8 per Acre
Office/Industrial development lot available in San Marnan Business Park. Multiple prime location sites offering a convenient location for your business. Available at $9.00 PSF. Regional water detention available. Listing agent is related to owner.

Chris Fischels Fischels Commercial Group

Lot 1 San Marnan Dr, Waterloo, IA 50701
/2
$7 Lot/Land

2.30 acres San Marnan Dr, Waterloo, IA 50701
- 2.3 Acres
- $3 per Acre
Best value commercial lot with average daily traffic counts of 22,000 along San Marnan Drive. This 2.3 acres Lot available in prime Waterloo Business Park setting. Located between US Hwy 20 and major arterial San Marnan Drive in Waterloo. Utilities available, City TIF Incentives available, and great Hwy 20 visibility. Priced at $7.75/SF.

Matthew Miehe Miehe Commercial Real Estate

2.30 acres San Marnan Dr, Waterloo, IA 50701
/2
$8 Lot/Land

Lot 3 San Marnan Dr, Waterloo, IA 50701
- 1.62 Acres
- $5 per Acre
Office/Industrial development lot available in San Marnan Business Park. Multiple prime location sites offering a convenient location for your business. Available at $8.00 PSF. Regional water detention available. Listing agent is related to owner.

Chris Fischels Fischels Commercial Group

Lot 3 San Marnan Dr, Waterloo, IA 50701
/4
$3 Lot/Land

Lot 4 Marnie Ave, Waterloo, IA 50701
- 0 Acre
Awesome opportunity for a customizable sized lot! Situated in Waterloo, these lots are conveniently located with easy access to the interstate and close to the industrial park! City tax incentives available. Check these out today!

Phillip Shirk AWRE - Commercial & Development

Lot 4 Marnie Ave, Waterloo, IA 50701
/14
$80,500 Lot/Land

Lot 10 Paradise Estates First Addition, Waterloo, IA 50701
- 0.37 Acre
- $217,568 per Acre
Listing Agent related to the Seller

Melissa Hodapp Keller Williams Legacy Group- Cedar Rapids

Lot 10 Paradise Estates First Addition, Waterloo, IA 50701
/14
$139,900 Lot/Land

Lot 5 Kimberly Ln, Waterloo, IA 50701
- 0.65 Acre
- $215,231 per Acre
PRICE REDUCED! Tremendous opportunity to create your best lifestyle! Luxury building sites in West Waterloo are situated to overlook Sunnyside Country Club. These wooded building sites offer stunning views and a private drive off of Westchester Road. This outstanding offering is not to be missed! Act quickly to secure your lot in Magnolia Hills!

Phillip Shirk AWRE - Commercial & Development

Lot 5 Kimberly Ln, Waterloo, IA 50701
/2
$149,950 Lot/Land

Lot 6 Mirage Ridge, Waterloo, IA 50701
- 0.74 Acre
- $202,635 per Acre
C-2 zoned lot with ideal central South Waterloo location along San Marnan Dr and Kimball Ave. Great opportunities for many types ofuses including but not limited to; storage-units, contractors, restaurant/bar, recreation, vehicles, kennel/boarding and many more! TIF incentives available. Outlines shown above are illustrations and are not intended to be exact representations of parcel dimensions

Matthew Miehe Miehe Commercial Real Estate

Lot 6 Mirage Ridge, Waterloo, IA 50701
/5
$505,510 Lot/Land

Lot 4 Provision Pkwy, Waterloo, IA 50701
- 2.11 Acres
- $239,578 per Acre
Great Commercial Building Opportunity! Check out this 2.11 acre lot in Village West subdivision that offer direct access to HWY 63, 20, and 218. Located across the street from United Medical Park, offers high traffic counts and city incentives are available. Act now on this great opportunity and join Waterloo's newest destination location.

Phillip Shirk AWRE - Commercial & Development

Lot 4 Provision Pkwy, Waterloo, IA 50701
/5
$217,800 Lot/Land

2225 E Shaulis Rd, Waterloo, IA 50701
- 0 Acre
Commercial land available! Starting price is PER ACRE for land near the Isle Casino and the Lost Island Parks in the entertainment zone. Located at the intersection of I380, Hwy 20, and Hwy 218 in south Waterloo. Lot size is flexible. Specifically seeking family entertainment venues and restaurants. Build to suit and lease space are both available. Subject to seller's approval of land use, site

Jim Benda Fischels Commercial Group

2225 E Shaulis Rd, Waterloo, IA 50701
/14
$86,000 Lot/Land

Lot 44 Paradise Estates First Addition, Waterloo, IA 50701
- 0.43 Acre
- $200,000 per Acre
Listing Agent related to the Seller

Melissa Hodapp Keller Williams Legacy Group- Cedar Rapids

Lot 44 Paradise Estates First Addition, Waterloo, IA 50701
/8
$13 Lot/Land

Outlot B E Ridgeway Ave Unit Outlot B, Waterloo, IA 50702
- 0.9 Acre
- $14 per Acre
Excellent outlot development opportunity within Crossing Point Plaza on E Ridgeway Avenue. Available parcels range from 0.79 to 1.15 acres, providing flexibility for a variety of retail uses. The sites offer excellent visibility along the heavily trafficked East San Marnan Drive, just minutes from the I-380 / US-218 interchange, delivering strong accessibility and exposure. The outlots are

Lindsey McEnaney AWRE - Commercial & Development

Outlot B E Ridgeway Ave Unit Outlot B, Waterloo, IA 50702
/14
$83,500 Lot/Land

Lot 29 Paradise Estates First Addition, Waterloo, IA 50701
- 0.45 Acre
- $185,556 per Acre
Listing Agent related to the Seller

Melissa Hodapp Keller Williams Legacy Group- Cedar Rapids

Lot 29 Paradise Estates First Addition, Waterloo, IA 50701
/2
$6 Lot/Land

0 Provision Pkwy, Waterloo, IA 50701
- 0.63 Acre
- $10 per Acre
194' x 141 commercial lot for sale in a rapidly developing area of Waterloo. Situated right off of W Ridgeway Ave., this space will be near high traffic counts, and will provide great signage possibilities. Available for $6.50 PSF.

Chris Fischels Fischels Commercial Group

0 Provision Pkwy, Waterloo, IA 50701
/14
$81,000 Lot/Land

Lot 1, Waterloo, IA 50701
- 0.39 Acre
- $206,627 per Acre
Listing Agent related to the Seller

Melissa Hodapp Keller Williams Legacy Group- Cedar Rapids

Lot 1, Waterloo, IA 50701
/2
$6 Lot/Land

Lot 1 Crossroads Blvd, Waterloo, IA 50702
- 1.23 Acres
- $5 per Acre
Multiple retail development sites available in prime location along Crossroads Blvd. Lots available for $6 PSF. Owner is willing to divide site with lots from 1 acre. Highly desirable location with strong traffic and visibility. Chris Fischels is a licensed agent in the state of Iowa and has partial ownership in owning LLC.

Chris Fischels Fischels Commercial Group

Lot 1 Crossroads Blvd, Waterloo, IA 50702
/14
$85,000 Lot/Land

Lot 27 Paradise Estates First Addition, Waterloo, IA 50701
- 0.5 Acre
- $170,000 per Acre
Listing Agent related to the Seller

Melissa Hodapp Keller Williams Legacy Group- Cedar Rapids

Lot 27 Paradise Estates First Addition, Waterloo, IA 50701
/2
$199,000 Lot/Land

2320 University Ave, Waterloo, IA 50701
- 0.22 Acre
- $904,545 per Acre
Unlock the potential of your business with this high-visibility, high-traffic location—perfectly suited for quick-serve restaurants, retail kiosks, and small commercial lot users. Positioned in a thriving area with constant foot and vehicle traffic, this site offers unmatched exposure and accessibility. Whether you're launching a new concept or expanding your brand, this prime location delivers

Matthew Miehe Miehe Commercial Real Estate

2320 University Ave, Waterloo, IA 50701
/2
$11,000 Lot/Land

0 Monroe St Unit Parcel 891230129032, Waterloo, IA 50703
- 0.18 Acre
- $61,111 per Acre
Each lot has sewer and water that run to the lot line.

Kami Kirkland EXP Realty, LLC

0 Monroe St Unit Parcel 891230129032, Waterloo, IA 50703
/5
$74,900 Lot/Land

Lot 11 Red Tail Dr, Waterloo, IA 50701
- 0.34 Acre
- $220,294 per Acre
AWESOME Location! Red Tail is the newest housing development in Waterloo. Don't miss out on your chance to be part of this exciting new community on Red Tail Drive! This modern new construction home site is an amazing spot to build your dream home. Several contemporary homes are setting the pace stylistically for this development. You will love the location, situated in Audubon Park and close to

Amy Wienands AWRE, EXP Realty, LLC

Lot 11 Red Tail Dr, Waterloo, IA 50701
/4
$3 Lot/Land

Lot 1 Marnie Ave, Waterloo, IA 50701
- 0 Acre
Awesome opportunity for a customizable sized lot! Situated in Waterloo, these lots are conveniently located with easy access to theinterstate and close to the industrial park! City tax incentives available. Check these out today!

Phillip Shirk AWRE - Commercial & Development

Lot 1 Marnie Ave, Waterloo, IA 50701
/5
$129,900 Lot/Land

0 Kimberly Ln Unit Lot 3, Waterloo, IA 50701
- 0.62 Acre
- $209,961 per Acre
Tremendous opportunity to create your best lifestyle! Luxury building sites in West Waterloo are situated to overlook Sunnyside Country Club. These wooded building sites offer stunning views and a private drive off of Westchester Road. This outstanding offering is not to be missed! Act quickly to secure your lot in Magnolia Hills!

Amy Wienands AWRE, EXP Realty, LLC

0 Kimberly Ln Unit Lot 3, Waterloo, IA 50701
/7
$480,116 Lot/Land

Lot 4 (Lot 11) Marnie Ave, Waterloo, IA 50701
- 2 Acres
- $240,058 per Acre
Centrally located in the Cedar Valley, backing up to Highway 63 with over 3,000 vehicles / day, this commercially zoned lot is perfect for your business or investment opportunity. Seller is willing to put together a build to suit package for an owner / operator or investor.

Trev Adair Pinnacle Realty

Lot 4 (Lot 11) Marnie Ave, Waterloo, IA 50701
/2
$6 Lot/Land

Lot 4 Crossroads Blvd, Waterloo, IA 50702
- 4.62 Acres
- $1 per Acre
Multiple retail development sites available in prime location along Crossroads Blvd. Lots available for $6 PSF. Owner is willing to divide site with lots from 1 acre. Highly desirable location with strong traffic and visibility. Chris Fischels is a licensed agent in the state of Iowa and has partial ownership in owning LLC.

Chris Fischels Fischels Commercial Group

Lot 4 Crossroads Blvd, Waterloo, IA 50702
/2
$4 Lot/Land

Lot 9 Greenhill Cir Unit Lot 9 Midway Busines, Cedar Falls, IA 50613
- 0.65 Acre
- $6 per Acre
Only 2 remaining lots available at Midway Business Park! Centrally located on the highly traveled Greenhill Road, this executive business park in Cedar Falls, IA has utilities available, and 90% financing available with 504 SBA for qualifying projects. Price: $4.50/SF.

Matthew Miehe Miehe Commercial Real Estate

Lot 9 Greenhill Cir Unit Lot 9 Midway Busines, Cedar Falls, IA 50613
/5
$79,900 Lot/Land

Lot 16 Red Tail Dr, Waterloo, IA 50701
- 0.63 Acre
- $126,825 per Acre
AWESOME Location! Red Tail is the newest housing development in Waterloo. Don't miss out on your chance to be part of this exciting new community on Red Tail Drive! This modern new construction home site is an amazing spot to build your dream home. Several contemporary homes are setting the pace stylistically for this development. You will love the location, situated in Audubon Park and close to

Amy Wienands AWRE, EXP Realty, LLC

Lot 16 Red Tail Dr, Waterloo, IA 50701
/14
$84,000 Lot/Land

Lot 54 Paradise Estates First Addition, Waterloo, IA 50701
- 0.42 Acre
- $200,000 per Acre
Listing Agent related to the Seller

Melissa Hodapp Keller Williams Legacy Group- Cedar Rapids

Lot 54 Paradise Estates First Addition, Waterloo, IA 50701
/2
$8 Lot/Land

Lot 10 San Marnan Dr, Waterloo, IA 50701
- 1.49 Acres
- $5 per Acre
Office/Industrial development lot available in San Marnan Business Park. Multiple prime location sites offering a convenient location for your business. Available at $8.00 PSF. Listing agent is related to owner.

Chris Fischels Fischels Commercial Group

Lot 10 San Marnan Dr, Waterloo, IA 50701
/14
$88,000 Lot/Land

Lot 63 Paradise Estates First Addition, Waterloo, IA 50701
- 0.45 Acre
- $195,556 per Acre
Listing Agent related to the Seller

Melissa Hodapp Keller Williams Legacy Group- Cedar Rapids

Lot 63 Paradise Estates First Addition, Waterloo, IA 50701
/10
$417,480 Lot/Land

35 acres North Ave, Waterloo, IA 50702
- 34.79 Acres
- $12,000 per Acre
Rare opportunity to own nearly 35 acres of beautiful Iowa ground just outside the Waterloo city limits. This property offers a perfect mix of mature timber, open prairie grass, and two ponds. Currently used as a bee farm, it’s well-suited for outdoor enthusiasts, offering excellent potential for hunting, recreation, or simply enjoying the peace and quiet of nature. With plenty of space and

Andrew Schoof Structure Real Estate

35 acres North Ave, Waterloo, IA 50702
/2
$20,000 Lot/Land

Lot 13, 14, 15 Gable St, Waterloo, IA 50703
- 0.15 Acre
- $133,333 per Acre
Three identical well-sized residential lots provide a great setting for building a beautiful home. With plenty of room for a house, garage, and outdoor space, these lots offer flexibility for a variety of home designs. Whether you're planning to build immediately or hold as an investment, this property presents potential. Three separate parcels.

Brianna Weekley Realty ONE Group Movement

Lot 13, 14, 15 Gable St, Waterloo, IA 50703
/14
$80,500 Lot/Land

Lot 39 Paradise Estates First Addition, Waterloo, IA 50701
- 0.37 Acre
- $217,568 per Acre
Listing Agent related to the Seller

Melissa Hodapp Keller Williams Legacy Group- Cedar Rapids

Lot 39 Paradise Estates First Addition, Waterloo, IA 50701
/14
$88,000 Lot/Land

Lot 42 Paradise Estates First Addition, Waterloo, IA 50701
- 0.46 Acre
- $191,304 per Acre
Listing Agent related to the Seller

Melissa Hodapp Keller Williams Legacy Group- Cedar Rapids

Lot 42 Paradise Estates First Addition, Waterloo, IA 50701
/2
$3 Lot/Land

3112 Greenhill Cir Unit Lot 4 Midway Busines, Cedar Falls, IA 50613
- 0.71 Acre
- $4 per Acre
Price: $3.00/SF Only 2 remaining lots available at Midway Business Park! Centrally located on the highly traveled Greenhill Road, this executive business park in Cedar Falls, IA has utilities available, and 90% financing available with 504 SBA for qualifying projects.

Matthew Miehe Miehe Commercial Real Estate

3112 Greenhill Cir Unit Lot 4 Midway Busines, Cedar Falls, IA 50613
/3
$84,900 Lot/Land

Lot 19 Mark Dr, Waterloo, IA 50701
- 0.17 Acre
- $499,412 per Acre
Welcome to this fantastic opportunity to build your dream home on a spacious lot, offering endless potential. This prime piece of land is perfectly suited for a variety of home designs, featuring ample space to accommodate your vision. The lot’s generous size provides the ideal canvas for a custom build, with the added bonus of a daylight basement opportunity—perfect for extra living space, a

Jennie Plummer Oakridge Real Estate

Lot 19 Mark Dr, Waterloo, IA 50701
/2
$237,500 Lot/Land

Lot 4 Mirage Ridge, Waterloo, IA 50701
- 1.44 Acres
- $164,931 per Acre
C-2 zoned lot with ideal central South Waterloo location along San Marnan Dr and Kimball Ave. Great opportunities for many types of uses including but not limited to; storage-units, contractors, restaurant/bar, recreation, vehicles, kennel/boarding and many more! TIF incentives available. Outlines shown above are illustrations and are not intended to be exact representations of parcel dimensions

Matthew Miehe Miehe Commercial Real Estate

Lot 4 Mirage Ridge, Waterloo, IA 50701
/5
$298,057 Lot/Land

Lot 5 Provision Pkwy, Waterloo, IA 50701
- 0 Acre
Great Commercial Building Opportunity! Check out this 1.19 acre lot in Village West subdivision that offer direct access to HWY 63, 20, and 218. Located across the street from United Medical Park, offers high traffic counts and city incentives are available. Act now on this great opportunity and join Waterloo's newest destination location.

Phillip Shirk AWRE - Commercial & Development

Lot 5 Provision Pkwy, Waterloo, IA 50701
/8
$495,000 Lot/Land

20+ Acres Corner of Airline and Logan, Waterloo, IA 50703
- 20.3 Acres
- $24,384 per Acre
Commercial land opportunity at the corner of Hwy 63 and Airline! Two parcels being sold together, featuring a highly visible 0.83 acre corner lot and an adjoining 19.47 acre parcel. Excellent exposure and access with strong potential for a variety of commercial uses.

Meghan Wiedow Oakridge Real Estate

20+ Acres Corner of Airline and Logan, Waterloo, IA 50703

Showing Results 1 - 40, Page 1 of 4

New Homes Iowa Waterloo

Frequently Asked Questions

What warranties come with a new construction home?

Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.

What upgrades are included in a new build vs what is considered extras?

Builders in Waterloo, IA usually offer a base package and optional upgrades such as flooring, countertops, and appliances.

Do new construction homes in Waterloo, IA hold their value?

Yes, especially in fast-growing areas of Waterloo, IA. Resale values are supported by population growth, job opportunities, and desirable schools.

What happens if I find issues after moving in to new build?

Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Waterloo, IA

On average, homes in Waterloo, IA sell after 37 days on the market compared to the national average of 55 days. The median sale price for homes in Waterloo, IA over the last 12 months is $135,900, up 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$135,900

Median Single Family Sale Price

$132,400

Median Townhouse Sale Price

$49,500

Median 2 Bedroom Sale Price

$156,750

Median 1 Bedroom Sale Price

$77,500

Average Price Per Sq Ft

$142

Number of Homes for Sale

Last 12 months Home Sales

443

Months of Supply

2.50

Median List Price

$139,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

Waterloo Types of Homes for Sale

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