Why Live in Waterloo
Waterloo, Wisconsin, is a small city surrounded by farms, fields, and forests, offering a blend of rural charm and vibrant community life. With fewer than 4,000 residents, Waterloo features a quaint downtown area with diners, shops, and Italianate row buildings. The city is known for its community events and riverside parks, such as Waterloo Firemen's Park, which boasts a historic carousel, walking paths, and Skalitzky Field, the oldest active baseball diamond in the state. The park also hosts concerts and festivals, connecting residents to the Maunesha River Dog Park via walking trails. Housing in Waterloo varies from older ranch-style homes, Victorians, Cape Cods, and small Colonial Revivals south of East Madison Street to newer architectural designs, including New Traditional homes, ramblers, and midcentury modern homes in subdivisions north of East Madison Street. Local businesses like Hartwig's Waterloo Diner and Perry's Piggly Wiggly serve the community, while larger retailers are available 18 miles west in Sun Prairie. Waterloo is home to Trek Bicycle Corporation and Van Holten's Pickles, with bike lanes on West Madison Street encouraging cycling. The city is accessible via Wisconsin highways 89 and 19, with Interstate 94 leading to Milwaukee (60 miles east) and Madison (26 miles west). Community events such as the Easter egg hunt, Fourth of July celebration, Winterfest, and the Weiner and Kraut Festival highlight Waterloo's festive spirit and cultural heritage.
Frequently Asked Questions
What is the average home price in Waterloo, WI?
Homes for sale in Waterloo, WI have an average home price of $368,264.
Are home prices dropping in Waterloo?
Yes, home prices in Waterloo are down 3% in the last 12 months.
How many homes have sold over the last 12 months in Waterloo, WI?
47 homes have sold in Waterloo, WI over the last 12 months.
What are the most popular zip codes in Waterloo, WI?
How much do you need to make to afford a house in Waterloo?
The median home price in Waterloo is $345,000. If you put a 20% down payment of $69,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $76K a year to afford the median home price in Waterloo.
How are the schools in Waterloo, WI?
Home Trends in Waterloo, WI
On average, homes in Waterloo, WI sell after 44 days on the market compared to the national average of 50 days. The median sale price for homes in Waterloo, WI over the last 12 months is $315,000, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$315,000
Median Single Family Sale Price
$350,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
4
Last 12 months Home Sales
47
Median List Price
$345,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-5%