Waterloo, IA metro area Housing Market
Warm MarketComprehensive housing market data for the Waterloo, IA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$171K
↓ 5.6% YoY
Days on Market
34 days
↑ 13.3% YoY
Active Inventory
378
↑ 17.4% YoY
Homes Sold
118
↓ 3.3% YoY
Warm Market
The market is active with moderate buyer demand.
Waterloo, IA metro area Market Summary
The Waterloo, IA metro area housing market is heating up. As of January 2026, the median home sale price is $171K, down 5.6% year-over-year. Homes are spending a median of 34 days on the market, 13.3% longer than a year ago.
There are 378 homes for sale — 17.4% more than last year. With 3.2 months of supply, this is a seller's market. 119 new listings were added during this period, down 17.9% year-over-year.
Homes are selling for 95.9% of their list price on average, suggesting room for negotiation. 21.2% of homes sell above their asking price. 31.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
70
Contributing Factors
How This Market Compares
vs. National Median
vs. Iowa Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 60% below the national median, which could indicate stronger cash flow potential.
Waterloo, IA metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$225K
Price per Sq Ft
$123
Sale-to-List Ratio
95.9%
Months of Supply
3.2
Sold Above List
21.2%
Price Drops
31.2%
New Listings
119
↓ 17.9% YoY
Pending Sales
149
Off Market in 2 Weeks
28.9%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.