What happened in August
After a busy June and July, August cooled off. 132 homes sold, down 14% from 153 last August. Cedar Falls had the biggest drop, with 37 sales compared with 56.
The median price eased to $220,750, about 2% below last August's $225,000, and sellers got 98.2% of list price on average, down from 99.8%.
Homes that were priced right still moved: the typical home sold in 7 days. New listings slowed too, with 170 compared with 189 last August,.
Town by town
| Town | Sold | 2025 | Median price | 2025 | Median days | % of list |
|---|---|---|---|---|---|---|
| Waterloo | 71 | 78 | $175,000 | $187,500 | 7 | 98.3% |
| Cedar Falls | 37 | 56 | $339,900 | $338,950 | 8 | 98.9% |
| Waverly | 17 | 15 | $358,000 | $305,000 | 9 | 97.1% |
| Evansdale | 7 | 4 | $149,500 | $179,250 | 8 | 96.2% |
Small towns swing a lot month to month: a few sales can move the median.
What it means for you
Late summer buyers are more price-sensitive. Pricing right from day one matters more now than in June.
A little less competition and a little more room to negotiate. It's a good time to ask for repairs or help with closing costs.
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.