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Alabar Hills Home for Sale

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  • /22

    $186,500

    • 3 Beds
    • 1 Bath
    • 1,162 Sq Ft

    2123 Downing Ave, Waterloo, IA 50701

    Welcome to this beautiful one-story home, perfectly located in Waterloo just minutes from Cedar Falls! Step inside to a spacious living room featuring a cozy bar area—ideal for relaxing or entertaining. The kitchen offers plenty of space for cooking and gathering. This home features three nicely sized bedrooms and a full bathroom with a lovely tub. The clean, spacious basement provides tons of

    Alissa-Peyton Folken Century 21 Signature Real Estate - Cedar Falls

    2123 Downing Ave, Waterloo, IA 50701

Why Live in Alabar Hills

Alabar Hills in Waterloo is a densely suburban neighborhood located just 3 miles from downtown Waterloo and 5 miles from downtown Cedar Falls. The area features modest-sized, ranch-style homes from the 1950s, with Minimal Traditional stylings and exteriors of vinyl, brick, or light-colored stone. The neighborhood lacks sidewalks, but homes have deep driveways accommodating multiple vehicles. Alabar Hills is within walking or biking distance of parks, local businesses, and diverse houses of worship. University Avenue, a major throughway, hosts local businesses like Calico and Company, diners such as Gravy's Diner and Mike's Diner, and Chasers Pub. Nearby entertainment includes Get Air Trampoline Park and Maple Lanes Bowling Center. Residents can shop at College Square Mall, 3 miles away, which features retailers like Kohl's and chain restaurants. Parks within 1.5 miles include Valley View Park, Galloway Park, and Miriams Park, with fishing available at Hope Martin Memorial Park. The Black Hawk County YMCA offers various community activities. Alabar Hills is also home to the Masjid Al-Noor Islamic Community Center, reflecting the area's growing diversity. The neighborhood is well-connected via Met Transit bus stops along University Avenue and is close to the University of Northern Iowa. Annual events in the area include the Veterans Memorial Day Parade, Cedar Valley Pridefest, and Iowa Irish Fest.

Frequently Asked Questions

Is Alabar Hills a good place to live?
Alabar Hills is a good place to live. Alabar Hills is considered car-dependent and bikeable with some transit options. Alabar Hills is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Alabar Hills has 5 parks for recreational activities. It is somewhat dense in population with 6.2 people per acre and a median age of 37. The average household income is $63,493 which is below the national average. College graduates make up 22% of residents. A majority of residents in Alabar Hills are home owners, with 30.6% of residents renting and 69.4% of residents owning their home. A local real estate agent serving Alabar Hills can help you decide if this neighborhood is the right one for you. Learn more on our Alabar Hills neighborhood guide.
Is Alabar Hills, IA a safe neighborhood?
Alabar Hills, IA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Alabar Hills?
The median home price in Alabar Hills is $165,000. If you put a 20% down payment of $33,000 and had a 30-year fixed mortgage with an interest rate of 6.84%, your estimated principal and interest payment would be $860 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $37K a year to afford the median home price in Alabar Hills. The average household income in Alabar Hills is $63K.
What are the best public schools in Alabar Hills?
The best public schools that serve Alabar Hills are:
  • West High School has a B- Niche grade, a student teacher ratio of 17:1 and an average review score of 3.5.
  • East High School has a C+ Niche grade, a student teacher ratio of 17:1 and an average review score of 3.5.
  • Becker Elementary School has a C- Niche grade and a student teacher ratio of 14:1.
What are the best private schools in Alabar Hills?
The best private schools that serve Alabar Hills are:
What are the most popular zip codes in Alabar Hills, Waterloo, IA?
The most popular zip codes in Alabar Hills, Waterloo, IA include 50613, 50701, 50702, 50703 and 50677.
What are the most popular neighborhoods near Alabar Hills, Waterloo, IA?
The most popular neighborhoods near Alabar Hills, Waterloo, IA are Edison, Church Row, Neighbors Helping Neighbors, Liberty Park and Franklin Gateway.

Home Trends in Alabar Hills, IA

Housing Trends

Median Sale Price
$163,450
Median Single Family Sale Price
$165,000
Average Price Per Sq Ft
$184
Number of Homes for Sale
1
Last 12 months Home Sales
16
Months of Supply
0.80
Median List Price
$165,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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