Waterloo, NE—68069
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterloo, NE
As of Oct '25, the median home price in Waterloo, NE is $435,000, with a year-over-year change of -0.7%. This indicates that home prices in Waterloo, NE are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $435,000 | -0.7% |
| Single Family | $435,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $172,000 | -2.3% |
2 Bed | $290,000 | -2.0% |
3 Bed | $410,000 | 0.2% |
4 Bed | $765,000 | 0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waterloo, NE
As of July '25, Rentcast reports the average rent in Waterloo, NE is $2,020, with a year-over-year rent change of 112.6%. Per bedroom, the median rent as of July '25 in Waterloo, NE is 2-bedrooms: $1,250, 3-bedrooms: $1,780, 4-bedrooms: $2,640. The most common rental property sizes in Waterloo, NE are 2-bedroom and 4-bedroom, accounting for 37.5% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | $1,450 | $1,780 |
| 4 Bed Rent | $2,620 | $2,640 |
% of Rental Stock
Property Listings — Waterloo, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterloo, NE is 54. This is a decrease of -33.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $935,000 | 28.0% |
Listing Count | 8 | 42.0% |
| Listings as % of Homes | 0.7% | 42.0% |
Days on Market | 54 | -33.0% |
Demographics — Waterloo, NE
As of the latest ACS Survey released in 2023, Waterloo, NE has a population of 3,100, which has increased by 9.4% over the past 5 years. Waterloo, NE is a moderately popular place for families, as children make up 17.7% of the population. The area has a moderately educated workforce, with 43.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,100 | 9.4% |
% Under 18 | 17.7% | -25.0% |
% Seniors | 30.1% | 66.3% |
% WFH | 13.6% | 56.3% |
% w/ College Degree | 43.4% | 24.4% |
As of the latest ACS Survey released in 2023, Waterloo, NE is a predominantly white area, with 92.4% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Waterloo, NE is hispanic, making up 2.2% of the population. Foreign-born residents account for 2.3% of the population in Waterloo, NE, and this percentage has increased by 15.0% 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 | 92.4% | -1.5% |
% Black | 1.1% | ∞% |
% Hispanic | 2.2% | -29.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.3% | 15.0% |
Mortgage and Risk — Waterloo, NE
According to HUD data as of 2023, there were 64 mortgage originations in Waterloo, NE, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Waterloo, NE. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 5.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Waterloo, NE
Waterloo, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 8.5% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,110 |
| 2 Bedroom | $80 | $1,250 | $1,330 |
| 3 Bedroom | $320 | $1,450 | $1,770 |
| 4 Bedroom | -$650 | $2,620 | $1,970 |
Affordability — Waterloo, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $435,000 |
| Median Household Income | $113,000 |