Common Grounds Houses for Sale

/25
$79,900
- 3 Beds
- 1 Bath
307 Center St, Waterloo, IA 50703

Under $80,000 Hard to find economical 3 bedroom home that is in move in condition. This property has character and convenience with a main floor laundry. Freshly cleaned, painted and some new floor coverings. Move in condition and immediate possession. Walk up unfinished attic and a partial unfinished basement for great storage. Updated mechanicals maintenance free siding.

Rick Bauer

RE/MAX Concepts - Waterloo

(319) 264-1952

307 Center St, Waterloo, IA 50703
Explore Common Grounds
/7
$109,500
- 3 Beds
- 1.5 Baths
- 1,330 Sq Ft
725 Lincoln St, Waterloo, IA 50703

This home offers 3bed 1.5 bath compleatly renovated.Great investment opportunity with major updates already completed. This property features a brand new roof, new water heater, new carpet and updated tile shower. Main floor Landry. This home also offers a specious double stall garage with additional parking space, making it ideal for tenants or homeowners needing extra space.

Sifeta Junuzovic Berkshire Hathaway Home Services One Realty Centre

725 Lincoln St, Waterloo, IA 50703
/15
$69,900
- 2 Beds
- 1 Bath
- 848 Sq Ft
1036 Columbia St, Waterloo, IA 50703

Welcome to 1036 Columbia Street — a great opportunity for homeownership or investment! This two-bedroom, one-bath home offers comfortable living with a practical layout and a cozy feel. Whether you're a first-time homebuyer ready to make it your own, or an investor looking for a solid rental property, this home checks all the boxes. Conveniently located near local amenities, 1036 Columbia Street

Edita Begic Vine Valley Real Estate

1036 Columbia St, Waterloo, IA 50703
/14
$79,900
- 2 Beds
- 1 Bath
- 1,344 Sq Ft
144 Kern St, Waterloo, IA 50703

Total refreshed and ready for a new Owner! This move in ready home has a grand front porch with ample room to relax after those long summer days. This home features a large living room and formal dinning room. This kitchen has new appliances. There is new floor coverings through out and the interior has been freshly painted. Hurry to take a look at this great home today!

Jeffrey Weidman Fusion Realtors

144 Kern St, Waterloo, IA 50703
/8
$70,000
- 3 Beds
- 1 Bath
- 1,166 Sq Ft
320 Riehl St, Waterloo, IA 50703

3 bedroom, 1 bathroom home. Currently rented.

Leeann Sires EPM, Iowa

320 Riehl St, Waterloo, IA 50703
/15
$65,000
- 4 Beds
- 3 Baths
- 2,089 Sq Ft
607 Logan Ave, Waterloo, IA 50703

Home buyers eager to create their dream home or investors looking for a renovation project four bedrooms 2.5 baths and approximately 2000 sq. feet of living space make this home your today

Scott Norris Fischels Residential Group

607 Logan Ave, Waterloo, IA 50703
/2
$88,000
- 2 Beds
- 1 Bath
- 936 Sq Ft
523 Cutler St, Waterloo, IA 50703

Presenting a versatile real estate opportunity, this charming single-family home offers immense potential for both savvy investors seeking a reliable income stream and first-time homebuyers looking for an accessible entry point into homeownership. Currently operating as a sound rental property with a consistent history, it can be seamlessly maintained as an investment to immediately generate

Gordon Sorensen RE/MAX Concepts - Cedar Falls

523 Cutler St, Waterloo, IA 50703
/2
$80,000
- 3 Beds
- 1 Bath
- 1,572 Sq Ft
212 Reed St, Waterloo, IA 50703

3 bedroom, 1 bathroom house. Currently occupied by renter.

Leeann Sires EPM, Iowa

212 Reed St, Waterloo, IA 50703

Iowa Black Hawk County Waterloo Common Grounds

Why Live in Common Grounds

Common Grounds in Waterloo is a neighborhood characterized by its strong sense of community and cultural diversity. Residents actively participate in local houses of worship and nonprofits, and community events are well-attended. The neighborhood's relatively affordable homes and access to parks are part of its practicalities. It's also a quick commute into downtown Waterloo, just a mile away, and major employers like John Deere. Two-bedroom bungalows and American Foursquare styles built between 1900 and 1950 are common, attracting families and first-time homebuyers. The neighborhood attracts investors, too, as many homes are due for renovations and upgrades. Waterloo has a history of flooding, and parts of Common Grounds are at an elevated risk, especially homes closer to the Cedar River. The last major flood was in 2008. Dining options include local favorites such as D & K Hickory House for ribs, Park Road Inn and Tortas y Tacos DelValle for takeout. Or residents can visit downtown Waterloo for favorites like Morg’s diner and Screaming Eagle bar. All-In Grocers is the closest grocery store option. Sullivan Memorial Park is a central recreational spot with a baseball diamond, playground and picnic areas. It also hosts annual events like the Juneteenth celebration and the Back to School Bash. For scenic river views and outdoor activities, people head to Joe Staub Memorial Field and Cedar Valley Lakes Trail. U.S. Route 63 borders the neighborhood for a straight shot into the downtown area. Commuters can also hop on bus line 3, which stops along Route 63.

Learn more about living in Common Grounds

Home Trends in Common Grounds, IA

On average, homes in Common Grounds, Waterloo sell after 43 days on the market compared to the national average of 53 days. The median sale price for homes in Common Grounds, Waterloo over the last 12 months is $72,300, down 17% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$72,300

Median Single Family Sale Price

$74,000

Average Price Per Sq Ft

$82

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

6.00

Median List Price

$79,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

-17%

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

In Common Grounds, there are currently 8 houses for sale, offering a variety of options for prospective buyers. With houses ranging from $65,000 to $109,500, there's something for every budget. As of December, 2025 the median home price in Common Grounds, Waterloo is $79,900, while the average sale price is $74,762, providing insight into local market trends. On average, houses spend 43 days on the market before being sold. Whether you're searching for a single-family residence, exploring single-family detached houses for sale, or considering new construction houses for sale, there are options available to suit every lifestyle. Browse properties and houses for sale in Common Grounds, Waterloo and find the perfect place to call home.

Common Grounds Types of Homes for Sale

Common Grounds Homes for Sale

More About Living in Common Grounds

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