WATERLOO HOUSING MARKET INFORMATION With 4,704 people, 2,012 houses or apartments, and a median cost of homes of $160,683, house prices in Waterloo are some of the most affordable in New York as well as the nation. Single-family detached homes are the single most common housing type in Waterloo, accounting for 69.43% of the village's housing units. Other types of housing that are prevalent in Waterloo include duplexes, homes converted to apartments or other small apartment buildings ( 20.18%), large apartment complexes or high rise apartments ( 5.95%), and a few mobile homes or trailers ( 3.71%). The most prevalent building size and type in Waterloo are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 64.90% owning and 35.10% renting. The housing in Waterloo was primarily built before 1939 ( 53.00%), making the housing stock in Waterloo some of the oldest overall in America, although there is a range of ages of homes in Waterloo. The next most important housing age is between 1940-1969 ( 28.83%), followed by between 1970-1999 ( 15.79%). There's also some housing in Waterloo built between 2000 and later ( 2.38%). WATERLOO HOME APPRECIATION RATES In the last 10 years, Waterloo has experienced some of the highest home appreciation rates of any community in the nation. Waterloo real estate appreciated 118.94% over the last ten years, which is an average annual home appreciation rate of 8.15%, putting Waterloo in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Waterloo definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Appreciation rates are so strong in Waterloo that despite a nationwide downturn in the housing market, Waterloo real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Waterloo appreciation rates continue to be some of the highest in America, at 10.39%, which is higher than appreciation rates in 86.35% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Waterloo. Waterloo appreciation rates in the latest quarter were at 4.83%, which equates to an annual appreciation rate of 20.75%. Importantly, this makes Waterloo one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength. Relative to New York, our data show that Waterloo's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.