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Waterloo, IA Real Estate


According to census data in the year 2000 there were 29,479 housing units in Waterloo. This represents a 1.6% growth from 29,023 in 1990.

Of those housing units, 28,378 were located in either urbanized areas or urban clusters, and 1,101 were located in what is classified as a rural area.

Homeownership rate in Waterloo is about 67.1%. Waterloo's vacancy rate, including seasonal lodging, is about 4.5%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Waterloo were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom14%
Two Bedrooms34.50%
Three Bedrooms38.20%
Four Bedrooms9.20%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1955
Median Value of occupied units$65,400
Median Price asked for vacant units$61,700

Rented Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1961
Median Monthly Rent asked for vacant units$351

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.30%
Home Equity Loan8.70%
Simple Mortgage46.60%
Debt Free37.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%