Waterloo, IN housing market
Home prices around Waterloo have risen about 57% over the past 5 years.
Home values, sales, trends and how Waterloo compares with the towns next door — updated as new data is published.
Home prices up 57% in 5 years
The federal house price index for the ZIP codes around Waterloo rose 57% over the past 5 years, faster than across Indiana (53%). Last year prices rose 4%.
Show as a table
| Year | Change that year | Since 2000 | Indiana since 2000 |
|---|---|---|---|
| 2025 | +4% | +80% | +126% |
| 2024 | +4.3% | +73% | +117% |
| 2023 | +11% | +66% | +106% |
| 2022 | +15% | +49% | +90% |
| 2021 | +13% | +30% | +65% |
| 2020 | +5.6% | +15% | +48% |
| 2019 | +7.1% | +8.8% | +42% |
| 2018 | −3.3% | +1.6% | +34% |
| 2017 | +5.3% | +5% | +26% |
| 2016 | +4.6% | −0.2% | +20% |
| 2015 | −1% | −4.6% | +16% |
| 2014 | +5.2% | −3.7% | +13% |
| 2013 | −1.9% | −8.4% | +10% |
| 2012 | +2.6% | −6.6% | +9% |
| 2011 | −5.1% | −9% | +9.6% |
| 2010 | −2.4% | −4% | +12% |
| 2009 | +1.8% | −1.6% | +14% |
| 2008 | −3.4% | −3.3% | +17% |
| 2007 | −1.3% | +0.1% | +18% |
| 2006 | −0.6% | +1.4% | +16% |
| 2005 | −1.6% | +2.1% | +14% |
| 2004 | −1.7% | +3.7% | +10% |
| 2003 | −1.3% | +5.5% | +7.8% |
| 2002 | +1.5% | +6.9% | +6.3% |
| 2001 | +5.4% | +5.4% | +4.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 47331, 47325, 47357, covering 77% of Waterloo’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Waterloo and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Waterloo | — | +4%† | $960 | $73,917 |
| Harrison | — | +4%† | $960 | $51,731 |
| Brownsville | $288K | +9.3% | $970 | $77,935 |
| Connersville | $160K | +2.3% | $960 | $54,866 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $960
HUD's Fair Market Rent for a two-bedroom in Waterloo is $960 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $670 · 4 bedrooms $1,470
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47325, 47331, 47357; Franklin County, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.