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Lafnow Home for Sale

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    $149,999

    • 4 Beds
    • 1.5 Baths
    • 1,640 Sq Ft

    510 Courtland St, Waterloo, IA 50703

    This completely restored home is ready for new owners! This home has all new everything, furnace, AC, plumbing electrical, siding, windows, Roof, Drywall . The home was taken down to the Studs and freshly redone. This more for your Money home is ready for you to come fill with Memories with nothing to do but relax in your new surroundings!

    Scott Norris Fischels Residential Group

    510 Courtland St, Waterloo, IA 50703

Why Live in Lafnow

Lafnow, a neighborhood in Waterloo, is gaining attention due to its proximity to downtown and affordable housing options. The area features a variety of 20th-century home styles, including American Foursquare, minimal traditional and contemporary, with prices ranging from $30,000 to $100,000. While some homes have detached garages, street parking is common, and yard space is limited. Residents enjoy local dining options like Cedar Valley Fish Market and La Michoacana, a casual Mexican restaurant with an adjacent meat market. All in Grocers, located about a mile east, serves as a supermarket, laundromat, community center and restaurant. The Northeast Iowa Food Bank, situated at Lafnow’s southern end, provides extensive community support, including a mobile food pantry and a backpack giveaway program for children. Proximity to downtown Waterloo allows residents to participate in numerous annual events, such as summer concerts in Lincoln Park, the Iowa Irish Fest and the 4th Street Cruise. Lafnow is well-connected with bus routes 4, 5L, and 5W11. Evansdale is 3 miles east, and Cedar Falls is less than 10 miles west. Nearby, Lafayette Park offers a playscape, basketball court and shaded picnic tables, making it a popular spot for families.

Lafnow, Waterloo, IA Home Prices vs. Nearby Neighborhoods

Lafnow Neighbors for Life Gates Park Roosevelt
Median Home Price
$103,000
$87,950
$86,950
$84,700
Median Sale Price
$100,000
+48% YoY
$83,500
-16% YoY
$82,000
-20% YoY
$89,000
-13% YoY
Median Single Family Price
$101,500
$82,000
$82,000
$89,500
Total Active Listings
1 listing
2 listings
3 listings
1 listing
Market Conditions
2 Months of Supply
Seller's Market
1 Month of Supply
Seller's Market
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Lafnow a good place to live?
Lafnow is a good place to live. Lafnow is considered somewhat walkable and very bikeable with some transit options. Lafnow has 2 parks for recreational activities.It is fairly sparse in population with 5.0 people per acre and a median age of 33. The average household income is $43,646 which is below the national average. College graduates make up 17% of residents. A majority of residents in Lafnow are renters, with 63% of residents renting and 37% of residents owning their home. A local real estate agent serving Lafnow can help you decide if this neighborhood is the right one for you. Learn more on our Lafnow neighborhood guide.
Is Lafnow, IA a safe neighborhood?
Lafnow, IA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Lafnow?
The median home price in Lafnow is $103,000. If you put a 20% down payment of $20,600 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $23K a year to afford the median home price in Lafnow. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lafnow is $44K.
What are the best public schools in Lafnow?
The best public schools that serve Lafnow 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 16:1 and an average review score of 3.5.
  • Bunger Middle School has a C Niche grade, a student teacher ratio of 13:1 and an average review score of 5.0.
What are the best private schools in Lafnow?
The best private schools that serve Lafnow are:
What are the most popular zip codes in Lafnow, Waterloo, IA?
The most popular zip codes in Lafnow, Waterloo, IA include 50703, 50702, 50701, 50707 and 50613.
What are the most popular neighborhoods near Lafnow, Waterloo, IA?
The most popular neighborhoods near Lafnow, Waterloo, IA are Neighbors for Life, Walnut, Liberty Park, Church Row and Unity.
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