Why Live in Edison
Edison, a neighborhood in Waterloo, is located just 2 miles from downtown. Known for its modest-sized homes dating from the 1910s to the 1960s, Edison features a mix of Minimal Traditional and shotgun homes, with some Dutch Colonials and Colonial Revivals. Recently, the site of the former Edison Elementary School has been developed into 32 new homes, with plans for a park that will include a playground, shelter, and basketball court. The neighborhood is family-friendly and well-connected to the Cedar Valley area. Recreational opportunities are abundant, with Hope Martin Memorial Park offering fishing, hiking trails, and sledding in the winter, while Galloway Park provides athletic fields and a playground. Local businesses such as Steamboat Gardens and Fat Cup Coffee Company add to the community's charm. For shopping, University Avenue leads to College Square Mall, which includes a Hy-Vee Grocery Store and various retailers. Maple Lanes Bowling Center offers seasonal leagues and a pinball arcade. The National Cattle Congress hosts an annual fair with rides and live music, drawing visitors from across the state. Downtown attractions, including the Waterloo Urban Farmers Market and Cinema on the Cedar, are easily accessible. Edison is a short commute to the John Deere manufacturing complex, a major local employer. U.S. Route 218 and University Avenue provide convenient routes for commuting and accessing amenities. However, some areas near these roads may experience traffic noise, and certain pockets of the neighborhood have a higher risk of flooding.
Home Trends in Edison, IA
On average, homes in Edison, Waterloo sell after 89 days on the market compared to the national average of 52 days. The median sale price for homes in Edison, Waterloo over the last 12 months is $122,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$122,000
Median Single Family Sale Price
$133,250
Average Price Per Sq Ft
$164
Number of Homes for Sale
12
Last 12 months Home Sales
24
Median List Price
$135,711
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-4%