Waterloo, IA metro area Housing Market Brief
metro · IA · score computed October 2026
What is Waterloo, IA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 4 of 5 (population 112,714–277,881) · comparable within its band
Where is Waterloo, IA metro area in its market cycle?
Waterloo, IA metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Waterloo, IA metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Waterloo, IA metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $214K | ▼ -5.1% | Redfin |
| Median Days on Market | 13 days | ▼ -23.5% | Redfin |
| Months of Supply | 2.7 | 0% | Redfin |
| Homes for Sale | 507 | ▲ +11.7% | Redfin |
| Homes Sold | 185 | ▲ +8.8% | Redfin |
| Median Price / Sq Ft | $137 | ▲ +1.5% | Redfin |
How has Waterloo, IA metro area’s Alpha Score moved?
Markets like Waterloo, IA metro area
- Cleveland, OH metro area, OHmetro
- Paducah, KY metro area, KYmetro56
- Parkersburg, WV metro area, WVmetro57
- Topeka, KS metro area, KSmetro58
- Elkhart, IN metro area, INmetro49
- Cumberland, MD metro area, MDmetro46
- Salina, KS metro area, KSmetro53
- Lake Charles, LA metro area, LAmetro51
- Marinette, WI metro area, WImetro60
- Mansfield, OH metro area, OHmetro47
Frequently asked questions
Is Waterloo, IA metro area a buyer's or seller's market?
In the scores computed October 2026, Waterloo, IA metro area is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Waterloo, IA metro area?
The median sale price in Waterloo, IA metro area is $214K, having fallen 5.1% over the past year, according to Redfin.
How affordable is Waterloo, IA metro area?
Waterloo, IA metro area scores 73 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Waterloo, IA metro area's Alpha Score?
Waterloo, IA metro area's strongest dimension is Affordability (73/100) and its weakest is Inventory Health (36/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Waterloo, IA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.