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Walnut Homes for Sale

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  • 337 Almond St, Waterloo, IA 50703
    337 Almond St, Waterloo, IA 50703
    337 Almond St, Waterloo, IA 50703
    /47

    $349,900

    $60K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 2,616 Sq Ft

    337 Almond St, Waterloo, IA 50703

    Set on a quiet Waterloo street, this home makes an immediate and welcoming impression. Well-tended landscaping and an expansive wrap around porch provide a glimpse of the care and thought invested throughout the property. Stepping inside, the entry feels open and inviting, flowing naturally into the main living spaces, and setting a comfortable, connected tone from the start. The main level

    Lynette Sorensen RE/MAX Concepts - Cedar Falls

    337 Almond St, Waterloo, IA 50703
  • 315 Walnut St, Waterloo, IA 50703
    315 Walnut St, Waterloo, IA 50703
    315 Walnut St, Waterloo, IA 50703
    /18

    $3,200,000

    $400K PRICE DROP

    315 Walnut St, Waterloo, IA 50703

    93 unit Senior Housing Community - Downtown Waterloo IA Located in the heart of downtown Waterloo, this well maintained apartment community offer investors a stabilized asset with a strong historical occupancy and consistent cash flow. Walnut Court Senior Housing Pro-forma available.

    Richard Lockard Realty ONE Group Movement

    315 Walnut St, Waterloo, IA 50703
  • 427 Iowa St, Waterloo, IA 50703
    427 Iowa St, Waterloo, IA 50703
    427 Iowa St, Waterloo, IA 50703
    /37

    $199,900

    $25K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,624 Sq Ft

    427 Iowa St, Waterloo, IA 50703

    Set on a quiet Waterloo street, this thoughtfully renewed two-story home blends character with the comfort of modern updates. From the moment you approach, the adorable open front porch sets the tone—an inviting place to start the day with coffee or wind down in the evening while watching the neighborhood pass by. Stepping through the front door reveals a home that has undergone a major

    Lynette Sorensen RE/MAX Concepts - Cedar Falls

    427 Iowa St, Waterloo, IA 50703
  • 319 Iowa St, Waterloo, IA 50703
    319 Iowa St, Waterloo, IA 50703
    319 Iowa St, Waterloo, IA 50703
    /37

    $224,900

    $30K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,352 Sq Ft

    319 Iowa St, Waterloo, IA 50703

    Be the first to call this newly constructed Waterloo home your own. With 3 bedrooms, 1.5 bathrooms, and 1,352 square feet of thoughtfully designed living space, this home offers the rare opportunity to step into a property where everything—from the finishes to the layout—has never been lived in before. From the moment you arrive, the large front porch sets a welcoming tone, offering a comfortable

    Lynette Sorensen RE/MAX Concepts - Cedar Falls

    319 Iowa St, Waterloo, IA 50703
Iowa Black Hawk County Waterloo

Real Estate & Homes for Sale in Walnut, Waterloo

Why Live in Walnut
Walnut, a small neighborhood on the northeast side of the Cedar River in Waterloo, is home to about 600 residents who are actively working to improve their community. The neighborhood is conveniently located just half a mile north of downtown Waterloo, making it easy for residents to access the expanding commercial district along Fourth Street. U.S. Highway 63 borders Walnut to the west, providing straightforward commuting options. Despite its many advantages, the area lacks sufficient public transportation, with buses stopping early in the evening. Local amenities include Hometown Foods, a supermarket known for its international ingredients, and neighborhood dining options like Sookie’s for breakfast and Chuckster's for soul food. Downtown Waterloo offers additional dining experiences, including Jameson’s Irish pub, Screaming Eagle, and El Patron. Housing in Walnut features a mix of early 1900s architectural styles such as minimal traditional, ranch, Queen Anne, and Foursquare, alongside some newer builds. The neighborhood has a range of fixer-uppers, empty lots, and renovated homes, with prices starting as low as $20,000. The city is working to increase homeownership through the Waterloo Down Payment Program, which offers financial assistance and education for first-time homebuyers. Sullivan Memorial Park, located to the north, provides recreational facilities including a playscape, baseball diamond, basketball court, and picnic area, making it a popular spot for community gatherings and after-school activities.
Learn more about living in Walnut

Walnut Home Prices vs. Nearby Waterloo, IA Neighborhoods

Walnut Hurst Park Haven Edison
Median Home Price
$224,900
$189,950
$231,200
$159,900
Median Sale Price
$55,000
-24% YoY
$189,950
+13% YoY
$218,000
+9% YoY
$148,500
+19% YoY
Median Single Family Price
$224,900
$262,850
$225,000
$159,900
Total Active Listings
4
4
5
11
Market Conditions
16 Months of Supply
Buyer's Market
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
6 Months of Supply
Balanced Market

Frequently Asked Questions

Is Walnut a good place to live?
Walnut is a good place to live. Walnut is considered somewhat walkable and bikeable with some transit options. Walnut has 7 parks for recreational activities. It is somewhat dense in population with 9.0 people per acre and a median age of 42. The average household income is $35,403 which is below the national average. College graduates make up 11.7% of residents. A majority of residents in Walnut are renters, with 92% of residents renting and 8% of residents owning their home. A local real estate agent serving Walnut can help you decide if this neighborhood is the right one for you. Learn more on our Walnut neighborhood guide.
Is Walnut, IA a safe neighborhood?
Walnut, IA is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Walnut?
The median home price in Walnut is $224,900. If you put a 20% down payment of $45,000 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $50K a year to afford the median home price in Walnut. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Walnut is $35K.
What are the best public schools in Walnut?
The best public schools that serve Walnut 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.
  • Becker Elementary School has a C- Niche grade and a student teacher ratio of 13:1.
What are the best private schools in Walnut?
The best private schools that serve Walnut are:
What are the most popular zip codes in Walnut, Waterloo, IA?
The most popular zip codes in Walnut, Waterloo, IA include 50703, 50702, 50701, 50707 and 50613.
What are the most popular neighborhoods near Walnut, Waterloo, IA?
The most popular neighborhoods near Walnut, Waterloo, IA are Walnut, Church Row, Neighbors Helping Neighbors, Common Grounds and Neighbors for Life.
Are home prices dropping in Walnut?
Yes, home prices in Walnut are down 15% in the last 12 months.
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