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Single-family Homes Foreclosure in Waterloo, IL

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W-mill-st-Waterloo-IL-62298
Foreclosure
$108,035 EMV

W Mill St
Waterloo, IL 62298

2 Bed | 900 Sq. Ft.

Park-st-Waterloo-IL-62298
Preforeclosure NEW
$106,920 EMV

Park St
Waterloo, IL 62298

2 Bed | 676 Sq. Ft.

S-church-st-Waterloo-IL-62298
Bankruptcy
$146,509 EMV

S Church St
Waterloo, IL 62298

2 Bed | 1,270 Sq. Ft.

Turtle-dove-trl-Waterloo-IL-62298
Bankruptcy
$213,230 EMV

Turtle Dove Trl
Waterloo, IL 62298

3 Bed | 1,586 Sq. Ft.

Lower-saxtown-rd-Waterloo-IL-62298
Tax Lien
$242,250 EMV

Lower Saxtown Rd
Waterloo, IL 62298

Lower-saxtown-rd-Waterloo-IL-62298
Tax Lien
$236,725 EMV

Lower Saxtown Rd
Waterloo, IL 62298

Vogel-school-rd-Waterloo-IL-62298
Tax Lien
$316,285 EMV

Vogel School Rd
Waterloo, IL 62298

Floraville-rd-Waterloo-IL-62298
Tax Lien
$510,850 EMV

Floraville Rd
Waterloo, IL 62298

Floraville-rd-Waterloo-IL-62298
Tax Lien
$155,550 EMV

Floraville Rd
Waterloo, IL 62298

Douglas-st-Waterloo-IL-62298
Tax Lien
$92,820 EMV

Douglas St
Waterloo, IL 62298

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Home Value Estimator For Waterloo, IL

There are currently 6,090 real estate properties in Waterloo, IL, with a median automated valuation model (AVM) price of $242,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waterloo, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Waterloo, IL, is $252,631.00, with the most expensive house in Waterloo, IL, topping out at $2,949,600.00 and the cheapest home in Waterloo, IL, clocking in at $14,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Waterloo, IL!


Rent Prices In Waterloo, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waterloo, IL, is on a rollercoaster ride. The average rent price in Waterloo, IL, is $1,377.00. Indeed, when looking to rent in Waterloo, IL, you can expect to pay as little as $570.00 or as much as $2,400.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Waterloo, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Waterloo, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Waterloo, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Waterloo, IL and much more. Save thousands at closing with home foreclosure listings in Waterloo, IL — up to 75% off market value!


Top Reasons To Live In Waterloo, IL In 2021

Waterloo is located in Monroe, Illinois, with an estimated municipal population of 10,578 residents. All of the best foreclosed homes for sale in Waterloo are located in the following zip code areas on Foreclosure.com: 62298. The estimated population per square kilometer (.62 miles) in Waterloo is 501.


Cost Of Living In Waterloo, IL

So, about how much do homes cost in Waterloo? The most recent median value of resident-owned homes in Waterloo is 190,336. An estimated 75 percent of households in Waterloo own their homes, with an average family size of 2.92. The median household income in Waterloo is 67,682, with30.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Waterloo, the median commute time of resident workers (in minutes) is 30.4. And last, but certainly not least, are you looking for homes to rent in Waterloo? If so, the average rent price paid by renters in Waterloo is 830, according to recent statistics.


Diversity And Demographics In Waterloo, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Waterloo, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Waterloo is 40.4, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Waterloo is 58.3, with an average family size of 2.92.

The percentage of residents who report their race in Waterloo is as follows:

White 97.3%
Black / African American 0.3%
Asian 1.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.6%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Waterloo? Or maybe you are searching for 55+ active adult communities in and/or near Waterloo?

The percentage of residents who report their age in Waterloo is as follows:

Under 10 13.5%
Aged 10-19 10.3%
20s 11.3%
30s 14.2%
40s 12.2%
50s 13%
60s 10.8%
70s 7.8%
80+ 6.9%

Best Schools In Waterloo, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Waterloo with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Waterloo.


Pros And Cons Of Living In Waterloo, Illinois

How do you know that living in -- or moving to -- Waterloo is right where you need to be? Perhaps you grew up in Waterloo or already live nearby; therefore, the decision to buy a home in Waterloo is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Waterloo for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Waterloo:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Waterloo.


Reasons To Move To Waterloo, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Waterloo can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Waterloo, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Waterloo, IL

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