Waterloo, IN—46793
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterloo, IN
As of Oct '25, the median home price in Waterloo, IN is $239,000, with a year-over-year change of 6.6%. This indicates that home prices in Waterloo, IN are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $239,000 | 6.6% |
| Single Family | $239,000 | 6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $172,000 | 6.8% |
3 Bed | $227,000 | 6.6% |
4 Bed | $297,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waterloo, IN
As of July '25, Rentcast reports the average rent in Waterloo, IN is $917, with a year-over-year rent change of 19.2%. Per bedroom, the median rent as of July '25 in Waterloo, IN is 2-bedrooms: $917. The most common rental property sizes in Waterloo, IN are 3-bedroom and 1-bedroom, accounting for 31.8% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $825 | $917 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $825 | $917 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waterloo, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterloo, IN is 57. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $239,000 | 2.0% |
Listing Count | 15 | 61.0% |
| Listings as % of Homes | 0.4% | 61.0% |
Days on Market | 57 | 1.0% |
Demographics — Waterloo, IN
As of the latest ACS Survey released in 2023, Waterloo, IN has a population of 4,120, which has decreased by -11.6% over the past 5 years. Waterloo, IN is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 16.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,120 | -11.6% |
% Under 18 | 23.2% | -11.8% |
% Seniors | 15.8% | -0.6% |
% WFH | 4.3% | 138.9% |
% w/ College Degree | 16.5% | -10.8% |
As of the latest ACS Survey released in 2023, Waterloo, IN is a predominantly white area, with 94.5% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Waterloo, IN is hispanic, making up 2.2% of the population. Foreign-born residents account for 1.5% of the population in Waterloo, IN, and this percentage has decreased by 16.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.5% | -1.3% |
% Black | 0.0% | N/A |
% Hispanic | 2.2% | -26.7% |
% Asian | 0.6% | 50.0% |
% Foreign Born | 1.5% | -16.7% |
Mortgage and Risk — Waterloo, IN
According to HUD data as of 2023, there were 197 mortgage originations in Waterloo, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Waterloo, IN. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 197 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Waterloo, IN
Waterloo, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $710 |
| 2 Bedroom | $105 | $825 | $930 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Waterloo, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $239,000 |
| Median Household Income | $74,400 |