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WATERLOO, IA 50702

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The WATERLOO, IA real estate market (50702) currently shows 84 active listings, with 35 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 72 days on market compared to 48 days last year.

The median listing price has risen 20.5% year-over-year, from $139,950 to $168,650.

Whether you are buying or selling in WATERLOO, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 20,818  ·  Density: 822.2/mi²  ·  Median household income: $58,418

Typical home value: $140,750  ·  Homeownership: 61.5%

Market Overview

Active Listings
84
⇧ 58.5% vs 53 last year
Pending
35
42% pending ratio
Median Price
$168,650
⇧ 20.5% vs $139,950 last year
Average Price
$188,181
⇧ 29.2% vs $145,623 last year
Days on Market
72
⇧ 50% vs 48 days last year

Price Per Square Foot

Median $/sqft
$126
⇧ 13.5% vs $111/sqft last year
Median Home Size
1,274 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 84 this year vs 53 last year
  • Days on market: 72 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $168,650 (+20.5% YoY)
  • Average: $188,181 (+29.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.2 miles — 322 listings ($75,723,269 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50702Waterloo, IA 507020.0 mi79$14,608,838$169,900$184,922
50701Waterloo, IA 507013.2 mi138$32,515,974$204,900$235,623
50634Gilbertville, IA 506345.7 mi3$689,799$209,900$229,933
50643Hudson, IA 5064310.5 mi11$4,420,900$455,000$401,900
50651La Porte City, IA 5065111.0 mi15$3,881,430$223,000$258,762
50626Dunkerton, IA 5062611.2 mi6$1,601,640$254,900$266,940
50647Janesville, IA 5064715.7 mi10$3,622,130$354,950$362,213
50629Fairbank, IA 5062917.4 mi5$1,069,700$209,900$213,940
52313Mount Auburn, IA 5231317.6 mi4$371,952$79,750$92,988
52210Brandon, IA 5221017.7 mi1$225,000$225,000$225,000
50657Morrison, IA 5065720.0 mi1$299,900$299,900$299,900
52224Dysart, IA 5222420.3 mi10$2,562,110$164,900$256,211
50644Independence, IA 5064421.2 mi39$9,853,896$249,900$252,664

Frequently Asked Questions

How many homes are for sale in WATERLOO, IA 50702?

As of February 2026, there are 84 active listings in WATERLOO, IA (zip code 50702), compared to 53 the prior year.

What is the median home price in WATERLOO, IA 50702?

The median listing price in WATERLOO, IA 50702 is $168,650 as of February 2026, a 20.5% increase from $139,950 the prior year.

How long do homes stay on the market in WATERLOO, IA?

Homes in WATERLOO, IA 50702 spend an average of 72 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in WATERLOO, IA 50702?

Based on current inventory and days-on-market data as of February 2026, WATERLOO, IA 50702 is currently a Buyer's Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 48 days last year.

How much can I save on real estate commission in WATERLOO, IA?

With SELL123.com's maximum 3% commission, sellers in WATERLOO, IA 50702 save an estimated $3,373 compared to a typical 5% commission on the median listing price of $168,650. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.