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Home appreciation in Waterloo, IA

Over the five years ending 2025, home prices in Waterloo, IA grew an average of 7.0% a year.

Price growth at a glance

1-year

+2.5%

2025 over 2024. Iowa: +4.0%.

5-year, per year

+7.0%

Average annual growth, 2020 to 2025. Iowa: +7.5%.

10-year, per year

+4.5%

+55.3% in total since 2015. Iowa: +5.4%.

How does your home compare?

Waterloo, IA home prices rose 55.3% over the ten years to 2025, while its ZIP codes ranged from +44.7% to +97.7%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Waterloo, IA compares with Iowa

Iowa averaged +7.5% a year, putting Waterloo, IA behind the state overall. For five-year price growth, Waterloo, IA ranks 348th out of 409 metros nationwide and 6th out of 8 in Iowa.

Index, 2005 = 100

Waterloo-Cedar Falls, IA and Iowa, quarterly house price index rebased to 100 in 2005.
YearWaterloo-Cedar Falls, IAIowa
2005 Q1100100
2005 Q2104101
2005 Q3106103
2005 Q4106104
2006 Q1105104
2006 Q2106104
2006 Q3108105
2006 Q4109106
2007 Q1107106
2007 Q2109107
2007 Q3109107
2007 Q4110108
2008 Q1110108
2008 Q2110108
2008 Q3110107
2008 Q4110107
2009 Q1111108
2009 Q2112108
2009 Q3112107
2009 Q4111107
2010 Q1110106
2010 Q2111106
2010 Q3112107
2010 Q4113107
2011 Q1113106
2011 Q2111106
2011 Q3111107
2011 Q4113107
2012 Q1112107
2012 Q2113107
2012 Q3114108
2012 Q4115108
2013 Q1115108
2013 Q2117109
2013 Q3116110
2013 Q4117110
2014 Q1116110
2014 Q2118111
2014 Q3119112
2014 Q4119113
2015 Q1118113
2015 Q2122115
2015 Q3120116
2015 Q4120116
2016 Q1120117
2016 Q2120118
2016 Q3122120
2016 Q4123120
2017 Q1119121
2017 Q2122123
2017 Q3124124
2017 Q4125125
2018 Q1126125
2018 Q2125128
2018 Q3127129
2018 Q4128129
2019 Q1127130
2019 Q2128131
2019 Q3131133
2019 Q4131134
2020 Q1130134
2020 Q2132135
2020 Q3133136
2020 Q4135139
2021 Q1135140
2021 Q2141147
2021 Q3145153
2021 Q4146156
2022 Q1149159
2022 Q2163169
2022 Q3164172
2022 Q4159171
2023 Q1167173
2023 Q2173178
2023 Q3172182
2023 Q4175182
2024 Q1176183
2024 Q2183188
2024 Q3184190
2024 Q4183190
2025 Q1181191
2025 Q2189195
2025 Q3187197
2025 Q4188198
2026 Q1191199
2026 Q2194202

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +4.5% a year over ten years, +55.3% in total.

Over this history, home prices never fell more than 0.2% from a prior peak.

The strongest year was 2022 at +11.7%, and the weakest was 2010 at -0.2%.

In 2025 alone the index moved +2.5%, against +4.0% for the state.

ZIP codes in Waterloo, IA

Over the ten years to 2025, the 11 ZIP codes FHFA measures in this metro ranged from +44.7% in 50651 to +97.7% in 50638, while the metro as a whole rose 55.3%.

Fastest-rising ZIP codes

10-year change

  1. 50638+97.7%
  2. 50707+65.4%
  3. 50622+57.2%
  4. 50669+56.7%
  5. 50643+56.4%

Slowest-rising ZIP codes

10-year change

  1. 50651+44.7%
  2. 50703+47.2%
  3. 50613+48.8%
  4. 50701+49.7%
  5. 50702+52.4%
ZIP codes in Waterloo-Cedar Falls, IA ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
50638+2.4%+7.4%+7.1%+97.7%
50707+7.9%+8.8%+5.2%+65.4%
50622+6.9%+6.9%+4.6%+57.2%
50669+4.9%+7.5%+4.6%+56.7%
50643+5.4%+7.7%+4.6%+56.4%
50677+3.3%+7.1%+4.3%+52.7%
50702+1.3%+6.7%+4.3%+52.4%
50701+1.5%+6.4%+4.1%+49.7%
50613+1.4%+6.5%+4.1%+48.8%
50703+6.1%+5.9%+3.9%+47.2%
50651+0.6%+6.6%+3.8%+44.7%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Waterloo-Cedar Falls, IA and Iowa, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006102.8+2.8%102.6
2007104.5+1.7%104.9
2008105.7+1.2%105.4
2009107.3+1.4%105.3
2010107.1-0.2%104.6
2011107.7+0.6%104.3
2012109.2+1.4%105.5
2013111.7+2.3%107.1
2014113.2+1.4%109.2
2015115.1+1.7%112.8
2016116.6+1.3%116.7
2017117.8+1.0%121.0
2018121.5+3.2%125.3
2019124.2+2.2%129.3
2020127.5+2.6%133.6
2021136.3+6.9%146.1
2022152.3+11.7%164.9
2023164.9+8.3%175.3
2024174.4+5.8%184.2
2025178.8+2.5%191.5

The 8 measured metros in Iowa

Measured metros in Iowa ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Sioux City, IA-NE-SD+5.7%+8.5%+6.7%
2Dubuque, IA+5.3%+7.8%+5.4%
3Ames, IA+2.5%+7.3%+5.4%
4Des Moines-West Des Moines, IA+2.6%+7.3%+5.6%
5Davenport-Moline-Rock Island, IA-IL+4.7%+7.0%+4.7%
6Waterloo-Cedar Falls, IA+2.5%+7.0%+4.5%
7Cedar Rapids, IA+2.8%+6.8%+4.7%
8Iowa City, IA+5.0%+6.5%+4.6%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Iowa row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2