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WATERLOO, IL 62298

Real Estate Market Report  ·  Monroe County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The WATERLOO, IL real estate market (62298) currently shows 50 active listings, with 19 pending sales. Homes are averaging 105 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 105 days on market compared to 76 days last year.

The median listing price has fallen 13% year-over-year, from $429,440 to $373,725.

Whether you are buying or selling in WATERLOO, IL, 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: 17,192  ·  Density: 46.4/mi²  ·  Median household income: $93,066

Typical home value: $246,716  ·  Homeownership: 83.8%

Market Overview

Active Listings
50
⇩ 7.4% vs 54 last year
Pending
19
38% pending ratio
Median Price
$373,725
⇩ 13% vs $429,440 last year
Average Price
$350,650
⇩ 20% vs $438,352 last year
Days on Market
105
⇧ 38.2% vs 76 days last year

Price Per Square Foot

Median $/sqft
$191
⇩ 5% vs $201/sqft last year
Median Home Size
1,740 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 50 this year vs 54 last year
  • Days on market: 105 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $373,725 (-13% YoY)
  • Average: $350,650 (-20% 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 17.4 miles — 435 listings ($133,795,311 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62298Waterloo, IL 622980.0 mi55$19,597,105$398,400$356,311
62244Fults, IL 622448.5 mi2$598,000$299,000$299,000
62295Valmeyer, IL 622958.9 mi3$824,700$274,900$274,900
62285Smithton, IL 622859.5 mi11$4,453,273$447,500$404,843
62278Red Bud, IL 6227811.3 mi8$1,240,000$140,000$155,000
63019Crystal City, MO 6301913.4 mi5$1,093,250$224,500$218,650
63129Saint Louis, MO 6312913.8 mi95$29,774,045$327,450$313,411
63070Pevely, MO 6307014.6 mi19$6,738,483$304,500$354,657
62240East Carondelet, IL 6224015.0 mi1$40,000$40,000$40,000
63010Arnold, MO 6301015.5 mi56$18,531,520$306,000$330,920
63012Barnhart, MO 6301216.2 mi15$5,357,385$424,950$357,159
63125Saint Louis, MO 6312516.4 mi79$14,002,750$166,250$177,250
63028Festus, MO 6302817.4 mi86$31,544,800$335,000$366,800

Frequently Asked Questions

How many homes are for sale in WATERLOO, IL 62298?

As of February 2026, there are 50 active listings in WATERLOO, IL (zip code 62298), compared to 54 the prior year.

What is the median home price in WATERLOO, IL 62298?

The median listing price in WATERLOO, IL 62298 is $373,725 as of February 2026, a 13% decrease from $429,440 the prior year.

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

Homes in WATERLOO, IL 62298 spend an average of 105 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in WATERLOO, IL 62298?

Based on current inventory and days-on-market data as of February 2026, WATERLOO, IL 62298 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 105 days on market compared to 76 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WATERLOO, IL 62298 save an estimated $7,475 compared to a typical 5% commission on the median listing price of $373,725. 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.