What happened in October
October brought 123 closed sales across Waterloo, Cedar Falls, Evansdale and Waverly, compared with 129 last October. Waterloo had 66 sales and Cedar Falls had 40. Waverly had 14, up from 9.
The median price was $229,900, about 9% above last October's $210,000. Sellers got 98.5% of list price on average, up from 97.7% a year ago. One month's median moves with the mix of homes that sold, so it's best read alongside the months around it.
Homes took a little longer to sell. The typical home went under contract in 13 days, compared with 10 last October, and the average was 35 days. New listings held steady at 201, compared with 196 a year ago. Going into November there were 387 homes for sale and 163 under contract.
Town by town
| Town | Sold | 2025 | Median price | 2025 | Median days | % of list |
|---|---|---|---|---|---|---|
| Waterloo | 66 | 73 | $186,750 | $176,000 | 22 | 97.4% |
| Cedar Falls | 40 | 43 | $284,700 | $275,900 | 9 | 99.2% |
| Waverly | 14 | 9 | $239,500 | $196,000 | 5 | 98.5% |
| Evansdale | 3 | 4 | $373,000 | $145,000 | 26 | 106.0% |
Small towns swing a lot month to month: a few sales can move the median.
What it means for you
Buyers are still paying close to asking, but they're taking a little more time. Pricing it right from day one matters more as the market slows into winter.
Homes are sitting a few days longer than last fall, which can give you a bit more room to look and negotiate. Prices are still firm, though, so don't expect big discounts on homes that are priced well.
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.