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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Waterloo, NY Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Waterloo, NY Housing Market Trends

With a population of 4,767, 1,943 total housing units (homes and apartments), and a median house value of $139,707, house prices in Waterloo are some of the most affordable in New York as well as the nation.

Single-family detached homes are the single most common housing type in Waterloo, accounting for 75.81% of the village's housing units. Other types of housing that are prevalent in Waterloo include duplexes, homes converted to apartments or other small apartment buildings ( 15.78%), large apartment complexes or high rise apartments ( 3.45%), and a few mobile homes or trailers ( 2.83%).

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 65.95% of Waterloo's homes, and 67.12% have either three or four bedrooms, which is average sized relative to America.

The housing in Waterloo was primarily built before 1939 ( 51.06%), making the housing stock in Waterloo some of the oldest overall in America, although there is a range of ages of homes in Waterloo. The next most important housing age is between 1940-1969 ( 33.07%), followed by between 1970-1999 ( 13.08%). There's also some housing in Waterloo built between 2000 and later ( 2.79%).

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 5.88% during the period.

Appreciation rates are so strong in Waterloo that despite a nationwide downturn in the housing market, Waterloo real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Waterloo appreciation rates continue to be some of the highest in America, at 8.56%, which is higher than appreciation rates in 89.53% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Waterloo. Waterloo appreciation rates in the latest quarter were at 4.61%, which equates to an annual appreciation rate of 19.76%.

Importantly, this makes Waterloo one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.

Relative to New York, our data show that Waterloo's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.

Average Home Values

Median Home Value

$139,707

Waterloo, NY Home Prices
> $1,362,000
$1,021,001 - $1,362,000
$681,001 - $1,021,000
$545,001 - $681,000
$409,001 - $545,000
$272,001 - $409,000
$136,001 - $272,000
$68,001 - $136,000
$0 - $68,000
0.7%
0.7%
0.3%
0.3%
1.4%
1.4%
1.0%
1.0%
1.6%
1.6%
13.0%
13.0%
41.0%
41.0%
35.4%
35.4%
5.6%
5.6%
0% 100.0%
% of Homes
Very Low

for New york

Very Low

for nation

Number of Homes And Apartments:

1,943

Waterloo Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,296 / per month

Homeownership Rate

Owners
Renters
66.0%
66.0%
34.0%
34.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.2%
8.2%
91.8%
91.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
2.8%
2.8%
13.1%
13.1%
33.1%
33.1%
51.1%
51.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
75.8%
75.8%
2.1%
2.1%
15.8%
15.8%
3.4%
3.4%
2.8%
2.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.2%
0.2%
6.8%
6.8%
22.2%
22.2%
46.6%
46.6%
20.5%
20.5%
3.6%
3.6%
0% 100.0%
% of Homes