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Cedar River Homes for Sale

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  • /35

    $799,900

    • 7,970 Sq Ft

    213-223 E 5th St, Waterloo, IA 50703

    27 units- 24 apartments 3 stoore fronts

    Mike Taylor Lockard Realty Company

    213-223 E 5th St, Waterloo, IA 50703
  • /5

    $270,000

    • 1,816 Sq Ft

    911 Lafayette St Unit 913, Waterloo, IA 50703

    Don’t miss this exceptional opportunity to own a fully occupied, income-producing fourplex, just minutes from downtown Waterloo’s vibrant shopping, dining, and amenities. Each of the four 2-bedroom, 1-bath units offers approximately 900 sq. ft. of living space. Significant capital improvements have already been completed, making this a strong investment option: Updated LVP flooring in multiple

    Brandie White Berkshire Hathaway Home Services One Realty Centre

    911 Lafayette St Unit 913, Waterloo, IA 50703

Why Live in Cedar River

Cedar River is a historic neighborhood on the banks of its namesake water source that was originally developed with summer cottages in the 1890s. The neighborhood is predominantly residential, with narrow sidewalks and grassy lawns, and is a half mile from downtown Waterloo. A walk through Cedar River offers reminders of this history — Victorian-style homes still sit atop trimmed green lawns — though light industry, social services and local businesses are now a part of the landscape. American Foursquares and Craftsman bungalows are also common housing styles. Many require a bit of investment and elbow grease before moving in, attracting investors. Downtown’s 4th Street offers popular dining and nightlife options, including the Screaming Eagle bar and grill, Morg’s retro diner and Newton’s Paradise Cafe. Cedar River itself has La Michoacana, a casual stop for Mexican staples that operates a market with a meat counter next door. All-In Grocers is nearby and not only operates a store, but also hosts a community center offering after-school programs. Lafayette Park is a short drive away with a playground, basketball and tennis courts, a paved walking and cycling path and open green space. Cedar Valley Lakes Trail travels through the neighborhood and connects it to the downtown area. Annual events often take place at Lincoln Park, a half mile from most homes. Downtown Waterloo has a full calendar of year-round events, including My Waterloo Days. The neighborhood is connected to downtown amenities and attractions via sidewalks and the 6th Street bridge, with bus routes serving the area.

Frequently Asked Questions

Is Cedar River a good place to live?
Cedar River is a good place to live. Cedar River is considered fairly walkable and very bikeable with some transit options. Cedar River has 2 parks for recreational activities. It is somewhat dense in population with 10.8 people per acre and a median age of 36. The average household income is $42,227 which is below the national average. College graduates make up 19% of residents. A majority of residents in Cedar River are renters, with 74.7% of residents renting and 25.3% of residents owning their home. A local real estate agent serving Cedar River can help you decide if this neighborhood is the right one for you. Learn more on our Cedar River neighborhood guide.
Is Cedar River, IA a safe neighborhood?
Cedar River, IA is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Cedar River?
The median home price in Cedar River is $439,700. If you put a 20% down payment of $87,900 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $2,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $93K a year to afford the median home price in Cedar River. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Cedar River is $42K.
What are the best public schools in Cedar River?
The best public schools that serve Cedar River are:
What are the best private schools in Cedar River?
The best private schools that serve Cedar River are:
What are the most popular zip codes in Cedar River, Waterloo, IA?
The most popular zip codes in Cedar River, Waterloo, IA include 50703, 50701, 50702, 50707 and 50613.
What are the most popular neighborhoods near Cedar River, Waterloo, IA?
The most popular neighborhoods near Cedar River, Waterloo, IA are Does, Church Row, Unity, Neighbors Helping Neighbors and We Care.

Home Trends in Cedar River, IA

Housing Trends

Median Sale Price
$66,000
Median Single Family Sale Price
$432,950
Average Price Per Sq Ft
$70
Number of Homes for Sale
1
Last 12 months Home Sales
1
Months of Supply
12.00
Median List Price
$439,700
Median Change From 1st List Price
17%
Median Home Sale Price YoY Change
57%
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