$390,000
- 2,552 Sq Ft
211 Fereday Ct, Waterloo, IA 50701
James Snider Premier Farm Realty Group
$390,000
211 Fereday Ct, Waterloo, IA 50701
James Snider Premier Farm Realty Group
$92,500
1123 N Barclay St, Waterloo, IA 50703
Ron Garris, CRB,CRS AWRE - Commercial & Development
$100,000
1103 Jefferson St, Waterloo, IA 50702
Jared Hottle Berkshire Hathaway Home Services One Realty Centre
$270,000
911 Lafayette St Unit 913, Waterloo, IA 50703
Brandie White Berkshire Hathaway Home Services One Realty Centre
$139,000
406-408 Gladys St, Waterloo, IA 50702
Justin Finn Four Seasons Realtors Inc
$280,000
1113 Rainbow Dr, Waterloo, IA 50701
Bond Shymansky Skogman Realty
$80,000
73 Lafayette St, Waterloo, IA 50703
Abigail Matamoros Berkshire Hathaway Home Services One Realty Centre
$699,900
1111 Langley Rd, Waterloo, IA 50702
Mike Taylor Lockard Realty Company
$599,000
618-620 W 3rd St, Waterloo, IA 50701
Brianna Weekley Realty ONE Group Movement
Waterloo combines family entertainment and outdoor recreation with the Lost Island Waterpark and adjacent Theme Park providing summer thrills. The Cedar Valley Arboretum & Botanic Gardens creates peaceful spaces for nature walks, while the Cedar Valley Nature Trail system extends through the city for hiking and biking. Cultural attractions include the Grout Museum District, Sullivan Brothers Iowa Veterans Museum, and the Waterloo Center for the Arts. The dining scene features local institutions like The Brown Bottle, housed in the historic Russell Lamson Building since 1972, alongside casual spots such as SingleSpeed Brewing and El Patron Family Mexican Restaurant.
The housing market presents diverse options across price points. The median sale price for homes in Waterloo is $164,000. Single family homes comprise most available properties, with median prices varying by neighborhood from $60,500 in Cityview to $140,600 in Maywood. The median townhome price sits at $97,400, while one bedroom condos have a median price of $83,900 and two bedroom condos $159,400.
The cost of living in Waterloo stands 13.1% below the national average. A family with school age children needs approximately $92,000 annually to live comfortably, while renters require about $44,000. Property taxes in Black Hawk County run 1.53%, with a 6.94% combined sales tax rate. Monthly housing costs average $1,900 for families and $1,300 for renters. Groceries cost about 4% less than the national average.
Waterloo Christian School serves multiple neighborhoods with AMinus ratings for its elementary through high school programs. Major employers include John Deere's manufacturing facility, UnityPoint Health, and Tyson Fresh Meats. The Metropolitan Transit Authority connects Waterloo to Cedar Falls, while the regional airport provides commercial flights. Downtown features historic architecture, shops, and the RiverLoop Amphitheatre along the Cedar River.
On average, homes in Waterloo, IA sell after 89 days on the market compared to the national average of 70 days. The median sale price for homes in Waterloo, IA over the last 12 months is $274,900, down 5% from the median home sale price over the previous 12 months.
In Waterloo, there are currently 9 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $80,000 to $699,900, there's a range to accomodate every budget. As of August, 2025 the median home price in Waterloo is $300,000, while the average sale price is $278,654, offering insights into the local housing market. On average, multi-family homes spend 89 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Waterloo, IA.