Waterloo, AL—35677
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterloo, AL
As of Oct '25, the median home price in Waterloo, AL is $163,000, with a year-over-year change of -8.0%. This indicates that home prices in Waterloo, AL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $163,000 | -8.0% |
| Single Family | $164,000 | -7.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waterloo, AL
Waterloo, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waterloo, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterloo, AL is 98. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $325,000 | -29.0% |
Listing Count | 9 | 42.0% |
| Listings as % of Homes | 0.7% | 42.0% |
Days on Market | 98 | 12.0% |
Demographics — Waterloo, AL
As of the latest ACS Survey released in 2023, Waterloo, AL has a population of 1,870, which has increased by 4.2% over the past 5 years. Waterloo, AL is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,870 | 4.2% |
% Under 18 | 19.1% | -26.0% |
% Seniors | 23.1% | 34.3% |
% WFH | 16.0% | ∞% |
% w/ College Degree | 12.7% | -15.9% |
As of the latest ACS Survey released in 2023, Waterloo, AL is a predominantly white area, with 99.4% of the population identifying as white. The white population has grown by 3.8% in the last 5 years. The second most common race or ethnicity in Waterloo, AL is asian, making up 0.5% of the population. Foreign-born residents account for 0.5% of the population in Waterloo, AL, and this percentage has increased by Inf% 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 | 99.4% | 3.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.1% | -96.6% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 0.5% | ∞% |
Mortgage and Risk — Waterloo, AL
According to HUD data as of 2023, there were 31 mortgage originations in Waterloo, AL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Waterloo, AL. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 31 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 3.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Waterloo, AL
Waterloo, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Waterloo, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $163,000 |
| Median Household Income | $48,400 |