Waterloo, NY—13165
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterloo, NY
As of Oct '25, the median home price in Waterloo, NY is $179,000, with a year-over-year change of 1.3%. This indicates that home prices in Waterloo, NY are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $179,000 | 1.3% |
| Single Family | $179,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $144,000 | 1.4% |
3 Bed | $182,000 | 0.6% |
4 Bed | $209,000 | 1.5% |
| 5 Bed | $237,000 | 0.9% |
% of Housing Stock
Rental Trends — Waterloo, NY
As of July '25, Rentcast reports the average rent in Waterloo, NY is $1,600, with a year-over-year rent change of 60.0%. Per bedroom, the median rent as of July '25 in Waterloo, NY is 1-bedrooms: $900, 2-bedrooms: $1,150, 3-bedrooms: $2,850, 4-bedrooms: $2,200. The most common rental property sizes in Waterloo, NY are 2-bedroom and 3-bedroom, accounting for 34.7% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $900 |
| 2 Bed Rent | $1,150 | $1,150 |
| 3 Bed Rent | $2,850 | $2,850 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Waterloo, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterloo, NY is 35. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -5.0% |
Listing Count | 29 | 52.0% |
| Listings as % of Homes | 0.2% | 52.0% |
Days on Market | 35 | -18.0% |
Demographics — Waterloo, NY
As of the latest ACS Survey released in 2023, Waterloo, NY has a population of 9,430, which has decreased by -10.7% over the past 5 years. Waterloo, NY is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,430 | -10.7% |
% Under 18 | 19.9% | -4.8% |
% Seniors | 23.3% | 28.0% |
% WFH | 8.6% | 273.9% |
% w/ College Degree | 20.6% | 32.1% |
As of the latest ACS Survey released in 2023, Waterloo, NY is a predominantly white area, with 89.0% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Waterloo, NY is hispanic, making up 6.2% of the population. Foreign-born residents account for 3.9% of the population in Waterloo, NY, and this percentage has increased by 225.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.0% | -4.3% |
% Black | 1.5% | 36.4% |
% Hispanic | 6.2% | 113.8% |
% Asian | 0.1% | -75.0% |
% Foreign Born | 3.9% | 225.0% |
Mortgage and Risk — Waterloo, NY
According to HUD data as of 2023, there were 198 mortgage originations in Waterloo, NY, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Waterloo, NY. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 198 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Waterloo, NY
As of 2024, the percent of homes in Waterloo, NY under the Section 8 program is 14.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Waterloo, NY, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 182 |
Total Units Section 8 | 182 |
% Rentals under Section 8 | 14.4% |
% Occupied Section 8 | 91.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $800 | $950 |
| 2 Bedroom | $30 | $1,150 | $1,180 |
| 3 Bedroom | -$1,420 | $2,850 | $1,430 |
| 4 Bedroom | -$420 | $2,200 | $1,780 |
Affordability — Waterloo, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $179,000 |
| Median Household Income | $63,900 |