Waterloo, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Waterloo, IL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Waterloo Housing Market Information

With a population of 10,236, 3,913 total housing units (homes and apartments), and a median house value of $209,883, Waterloo real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Waterloo, accounting for 78.33% of the city's housing units. Other types of housing that are prevalent in Waterloo include duplexes, homes converted to apartments or other small apartment buildings ( 9.52%), large apartment complexes or high rise apartments ( 5.85%), and a few row houses and other attached homes ( 4.71%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Waterloo. Owner-occupied housing accounts for 75.65% of Waterloo's homes, and 62.68% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Waterloo built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Waterloo built between 2000 and later ( 27.80%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.35%). There's also some housing in Waterloo built before 1939 ( 13.57%).

Waterloo Home Appreciation Rates

Real estate appreciation rates in Waterloo's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.17% during the period.

NeighborhoodScout's data show that during the latest twelve months, Waterloo's appreciation rate, at 3.18%, has been at or slightly above the national average. In the latest quarter, Waterloo's appreciation rate has been 1.03%, which annualizes to a rate of 4.19%.

Relative to Illinois, our data show that Waterloo's latest annual appreciation rate is higher than 60% of the other cities and towns in Illinois.

Average Home Values

 

Median Home Value:
$209,883

Waterloo, IL HOME PRICES

Value Range
> $1,077,000 0.0
$808,001 - $1,077,000 0.0
$538,001 - $808,000 2.2
$431,001 - $538,000 2.1
$323,001 - $431,000 10.5
$215,001 - $323,000 28.2
$108,001 - $215,000 42.4
$54,001 - $108,000 9.3
$0 - $54,000 5.4

High for IL
High for Nation

Value Relative to Nation Value Relative to State
29.9132778624165 22.2784810126582

Number Of Homes And Apartments:
3,913

Waterloo Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
27.98% 1.44% 6 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,092 / per month

Homeownership Rate

Homeownership
Owners 75.65
Renters 24.35
Vacant 7.34

Housing Market Details

 

Age of Homes

AGE OF Waterloo HOMES
2000 or Newer 27.8
1970 - 1999 40.3
1940 - 1969 18.4
1939 or Older 13.6

Types of Homes

TYPE OF Waterloo HOMES
Single-Family 78.3
Townhomes 4.7
Small Apt. Buildings 9.5
Apt. Complexes 5.8
Mobile Homes 1.6
Other 0.0

Home Size

SIZE OF Waterloo HOMES
No Bedroom 2.32
1 Bedroom 4.22
2 Bedrooms 26.24
3 Bedrooms 47.43
4 Bedrooms 15.25
5 or more bedrooms 4.55

Popular Neighborhoods in Waterloo

Zip Codes in Waterloo, IL