Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
Only on the right house. Neither side has the upper hand in Waterloo right now.
Neither side has the upper hand in Waterloo. Buyers and sellers are evenly matched. The market will not hand you a discount. You have to find it in one specific listing.
Only 85 out of every 100 homes for sale have found a buyer. The other 15 are still waiting. Your offer may be the only one on the table. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing, not from the whole market.
A typical Waterloo home takes 59 days to find a buyer. Half of them take even longer. That is 29% slower than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago. There are 138 homes for sale in Waterloo. That is 2.9 times the tightest month on record, but below the peak of 452. Supply is growing against last year.
Asking prices are 19.2% below their Jun 2023 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Waterloo prices have risen in 79 of the last 108 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.
In Waterloo, 37 out of every 100 households rent. Most own their home. That share has held steady for five years. Renter households average 2.2 people. Two and three bedrooms fit the typical renter.
Households grew 3% in five years. The housing stock grew 2%. Demand is outrunning supply. 8.7% of homes sit empty. That is normal for a healthy market.
The median Waterloo household earns $58,803 a year. Incomes here have grown 3.9% a year since 2019. Incomes and home prices are rising in step. A typical home costs 3.5 times the median income. Locals can afford to buy here. Your exit buyer can be a family, not just another investor. A tenant on the median income can pay about $1,470 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast.
That is the market, not your address. Run an address through the app to see its rent estimate and cash flow.
Only on the right house. Neither side has the upper hand in Waterloo right now. 85 out of every 100 homes for sale have a buyer, 13% of sellers have cut their price, and a typical home takes 59 days to sell.
Asking prices are 19.2% below their Jun 2023 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.
Assume +4.1% a year. Waterloo has grown about 4.1% a year for five years and for ten. That is a durable trend, not a boom artifact. It is a fair long-run input. Prices fell 11.6% over the last year. That is a timing signal, not a trend.
A typical Waterloo home takes 59 days to find a buyer. Half of them take even longer. That is 29% slower than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago.
In Waterloo, 37 out of every 100 households rent. Most own their home. That share has held steady for five years. 8.7% of homes sit empty. That is normal for a healthy market.
A tenant on the median income can pay about $1,470 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast. The median Waterloo household earns $58,803 a year.
Waterloo has four ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, days to sell, buyer demand, and price cuts.
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