What happened in April
April sales were flat with last year, 127 compared with 128, but the market felt much faster. The typical home spent just 7 days on the market, and sellers got 99.5% of their list price on average.
The median sale price jumped to $235,000, up from $188,250 last April. Part of that is real strength and part is mix: Waterloo's median was $200,000, up from $150,000, while Cedar Falls came in lower than last April at $277,500.
New listings were down again, 172 compared with 200 last April. With fewer homes coming on, the good ones went fast.
Town by town
| Town | Sold | 2025 | Median price | 2025 | Median days | % of list |
|---|---|---|---|---|---|---|
| Waterloo | 65 | 77 | $200,000 | $150,000 | 9 | 99.1% |
| Cedar Falls | 44 | 34 | $277,500 | $322,500 | 5 | 99.9% |
| Waverly | 15 | 13 | $280,000 | $219,000 | 7 | 98.9% |
| Evansdale | 3 | 4 | $269,900 | $225,000 | 0 | 100.3% |
Small towns swing a lot month to month: a few sales can move the median.
What it means for you
This is the kind of month sellers wait for. Well-prepared, well-priced homes went under contract within days, often close to full price.
Expect competition on the best homes. Have your pre-approval ready, see homes the day they list, and talk with your agent about what makes an offer strong besides price.
Town-wide numbers are a starting point. I'll build you a Game Plan from the actual sales around your home. When you're ready to sell, I'd like to be the one who sells it.
About these numbers
- Closed residential sales (single-family, condo, townhouse, acreage) in Waterloo, Cedar Falls, Evansdale and Waverly, by closing date, from the Paragon MLS of the Northeast Iowa Regional Board of REALTORS®. Pulled Nov 3, 2026.
- "Median" is the middle sale. One month's median moves with the mix of homes that closed, so look at the trend over several months.
- Days on market is the MLS count for each sold home. "% of list price" is total sold dollars divided by total list dollars for the month.