Is Waterloo, IA 50703 a buyer’s or seller’s market?

The Waterloo housing market right now

In the three months ending August 31, 2026, 27% of homes in Waterloo, IA 50703 sold above their list price, the typical home went under contract in 12 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 46 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (6 days then) and the median sale price fell 10% to $90,586. Overall, Waterloo is more competitive than a year ago, so tougher for buyers.

Within Black Hawk County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, Waterloo ranks #53 of 156 IA ZIP codes with enough sales (score 60 out of 100).

Nearby, buyers who want less competition could look at Raymond 50667 (0% sold over asking) or Dunkerton 50626 (0% sold over asking), while La Porte City 50651 (56% sold over asking) and Gilbertville 50634 (50% sold over asking) are even more competitive.