What happened in September
September was steady: 149 closed sales, compared with 143 last September. Cedar Falls picked back up with 60 sales.
The median price was $220,000, about 2% below last September's $224,900. Sellers got 98.5% of list price on average.
Homes sold faster than last fall. The typical home took 8 days, compared with 10, and the average fell to 24 days from 32. New listings slipped to 188 from 203, so heading into fall there were fewer new homes for buyers to choose from.
Town by town
| Town | Sold | 2025 | Median price | 2025 | Median days | % of list |
|---|---|---|---|---|---|---|
| Waterloo | 72 | 76 | $173,000 | $184,975 | 11 | 97.8% |
| Cedar Falls | 60 | 54 | $265,000 | $307,450 | 5 | 99.0% |
| Waverly | 12 | 10 | $242,000 | $255,000 | 7 | 98.3% |
| Evansdale | 5 | 3 | $150,000 | $118,000 | 23 | 100.0% |
Small towns swing a lot month to month: a few sales can move the median.
What it means for you
Fall is still a good time to sell: buyers are serious and new listings are slowing down. Getting listed before the holidays can help you avoid the slow winter months.
Fewer new listings means less to choose from as winter approaches. If you find the right home this fall, don't count on a better one showing up in December.
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.