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 Four Square, minimal traditional, and contemporary designs, 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, and is accessible via the West 11th Street Bridge and West 18th Street Bridge. Evansdale is 3 miles east, and Cedar Falls is about 9.5 miles west. Lafayette Park, located just east of Lafnow, offers a playscape, basketball court, and shaded picnic tables, making it a popular spot for families. However, the presence of industrial buildings south of Mulberry results in frequent semi-truck traffic, which can impact noise and air quality.
Home Trends in Lafnow, IA
On average, homes in Lafnow, Waterloo sell after 6 days on the market compared to the national average of 70 days. The median sale price for homes in Lafnow, Waterloo over the last 12 months is $791,000, up 25% from the median home sale price over the previous 12 months.
Median Sale Price
$791,000
Median Single Family Sale Price
$669,522
Median 2 Bedroom Sale Price
$791,000
Average Price Per Sq Ft
$312
Number of Homes for Sale
2
Last 12 months Home Sales
4
Median List Price
$658,822
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
25%