Home Values

50703 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$61,900

  • 2.1% 1-year change
  • 1.5% 1-year forecast

The median home value in 50703 is $61,900. 50703 home values have gone up 2.1% over the past year and Zillow predicts they will rise 1.5% within the next year. The median rent price in 50703 is $550, which is lower than the Waterloo median of $640.

Foreclosures will be a factor impacting home values in the next several years. In 50703 0.8 homes are foreclosed (per 10,000). This is greater than the Waterloo value of 0.3 and also lower than the national value of 3.8

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 50703 homeowners underwater on their mortgage is 15.6%, which is higher than Waterloo at 12.0%.

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Relative ZHVI
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50703 Market Overview

Data through Jun 30, 2015
  • $61,900 ZHVI
  • 1.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • $82,025 Median sale price
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50703 Market Health

Data through Jun 30, 2015
  • 6.3/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 15.6% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
50613 $150,000
50626 $142,500
50651 $127,300
Name Median ZHVI
50701 $113,900
50707 $95,900
50702 $90,100

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $69 Median sale price / sq ft
  • No data Listings with price cut
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50703 Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $732 50703
    $873 Waterloo
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $550 Rent list price
  • $0.67 Rent list price / sq ft
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