WATERLOO - CEDAR FALLS Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Waterloo - Cedar Falls averaged
6.58%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.29% and
one month ago for the week of 2025-02-27, the
average rate was 6.4%.
Waterloo - Cedar Falls's average rate one year ago was 6.63%.
For refis of the same type during the week of 2025-04-03, the average rate
was 6.34%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Waterloo - Cedar Falls 30 Year Fixed Rate | 2025-04-03 | 6.58% |
| Waterloo - Cedar Falls 30 Year Fixed Rate Refi | 2025-04-03 | 6.34% |
| Waterloo - Cedar Falls 15 Year Fixed Rate | 2025-04-03 | 5.72% |
| Waterloo - Cedar Falls 15 Year Fixed Rate Refi | 2025-04-03 | 6.32% |
| Waterloo - Cedar Falls 30 Year FHA | 2025-04-03 | 6.28% |
| Waterloo - Cedar Falls 30 Year FHA Refi | 2025-04-03 | 6.46% |
| Waterloo - Cedar Falls 30 Year USDA | 2025-04-03 | 6.42% |
| Waterloo - Cedar Falls 30 Year USDA Refi | 2025-04-03 | 6.52% |
| Waterloo - Cedar Falls 30 Year VA | 2025-04-03 | 5.99% |
| Waterloo - Cedar Falls 30 Year VA Refi | 2025-04-03 | 5.96% |
WATERLOO - CEDAR FALLS Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the WATERLOO-CEDAR FALLS, IA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
WATERLOO - CEDAR FALLS Average Closing Costs & Other Stats
WATERLOO-CEDAR FALLS, IA's 62 lenders originated 4,536
loans during 2024. The total origination value was $635,880,000, with an average loan value of
$140,185.
WATERLOO - CEDAR FALLS's average closing costs are $2,459.
The top WATERLOO - CEDAR FALLS lender as defined by loan originations is VERIDIAN CREDIT UNION, with
660 loans originated. Their average total fees are
$1,930, which is $116
higher than the next largest lender,
GREENSTATE CREDIT UNION.
The lowest fee WATERLOO - CEDAR FALLS lenders (with over 10 loans originated) are
GREENSTATE CREDIT UNION ($1,814), Fidelity Bank & Trust ($1,929), VERIDIAN CREDIT UNION ($1,930), Farmers State Bank ($2,237) and IOWA BANKERS MORTGAGE CORPORATION ($2,302).
The lowest rate WATERLOO - CEDAR FALLS lenders (with over 10 loans originated) are
Deere Employees Credit Union (6.24%), DUPACO COMMUNITY (6.28%), West Gate Bank (6.29%), VERIDIAN CREDIT UNION (6.32%) and Fidelity Bank & Trust (6.33%).
WATERLOO-CEDAR FALLS, IA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| VERIDIAN CREDIT UNION | $162,945,000 | $198,305,000 | 21.7% | 31.2% |
| GREENSTATE CREDIT UNION | $108,500,000 | $124,320,000 | 14.6% | 19.6% |
| Farmers State Bank | $18,935,000 | $30,490,000 | 61.0% | 4.8% |
| Cedar Rapids Bank and Trust Company | $1,140,000 | $23,820,000 | 1,989.5% | 3.7% |
| CEDAR FALLS COMMUNITY CREDIT UNION | $8,280,000 | $21,425,000 | 158.8% | 3.4% |
| Lincoln Savings Bank | $16,650,000 | $17,055,000 | 2.4% | 2.7% |
| First Bank | $255,000 | $15,650,000 | 6,037.3% | 2.5% |
| BankIowa of Cedar Rapids | $4,670,000 | $12,770,000 | 173.4% | 2.0% |
| QUICKEN LOANS, LLC | $8,145,000 | $12,210,000 | 49.9% | 1.9% |
| DUPACO COMMUNITY | $9,785,000 | $11,975,000 | 22.4% | 1.9% |
| Deere Employees Credit Union | $15,480,000 | $11,825,000 | -23.6% | 1.9% |
| IOWA BANKERS MORTGAGE CORPORATION | $27,130,000 | $10,165,000 | -62.5% | 1.6% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $6,670,000 | $9,285,000 | 39.2% | 1.5% |
| Denver Savings Bank | $15,035,000 | $6,705,000 | -55.4% | 1.1% |
| Mortgage Research Center, LLC | $4,130,000 | $6,555,000 | 58.7% | 1.0% |
| Fidelity Bank & Trust | $7,385,000 | $6,515,000 | -11.8% | 1.0% |
| Luana Savings Bank | $4,775,000 | $6,180,000 | 29.4% | 1.0% |
| Arbor Realty Trust, Inc. | $5,980,000 | n/a | 0.9% | |
| U.S. Bank | $7,750,000 | $5,250,000 | -32.3% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $1,675,000 | $4,825,000 | 188.1% | 0.8% |
| Platinum Bank | $4,765,000 | n/a | 0.7% | |
| Collins Community Credit Union | $5,630,000 | $4,190,000 | -25.6% | 0.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,040,000 | $4,160,000 | 103.9% | 0.7% |
| MidWestOne Bank | $3,200,000 | $4,040,000 | 26.3% | 0.6% |
| Green Belt Bank & Trust | $1,890,000 | $3,545,000 | 87.6% | 0.6% |
| The Readlyn Savings Bank | $5,210,000 | $3,505,000 | -32.7% | 0.6% |
| GNB Bank | $3,260,000 | $3,385,000 | 3.8% | 0.5% |
| BROKER SOLUTIONS, INC. | $1,260,000 | $3,035,000 | 140.9% | 0.5% |
| West Gate Bank | $700,000 | $2,730,000 | 290.0% | 0.4% |
| Northeast Security Bank | $3,505,000 | $2,265,000 | -35.4% | 0.4% |
| GREYSTONE SERVICING COMPANY LLC | $4,415,000 | $2,255,000 | -48.9% | 0.4% |
| First Interstate Bank | $2,645,000 | $2,020,000 | -23.6% | 0.3% |
| Bank Iowa | $715,000 | $1,850,000 | 158.7% | 0.3% |
| Wells Fargo Bank | $2,260,000 | $1,665,000 | -26.3% | 0.3% |
| Hills Bank and Trust Company | $8,245,000 | $1,560,000 | -81.1% | 0.2% |
| NEWREZ LLC | $175,000 | $1,520,000 | 768.6% | 0.2% |
| LOANDEPOT.COM, LLC | $1,255,000 | $1,225,000 | -2.4% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $910,000 | $1,225,000 | 34.6% | 0.2% |
| PREMIA MORTGAGE, LLC | $790,000 | $1,190,000 | 50.6% | 0.2% |
| GERSHMAN INVESTMENT CORP. | $375,000 | $1,145,000 | 205.3% | 0.2% |
| Regions Bank | $830,000 | $1,115,000 | 34.3% | 0.2% |
| NEW DAY FINANCIAL, LLC | $730,000 | $1,025,000 | 40.4% | 0.2% |
| Ohnward Bank & Trust | $1,045,000 | $955,000 | -8.6% | 0.2% |
| The Huntington National Bank | $915,000 | n/a | 0.1% | |
| GUILD MORTGAGE COMPANY | $950,000 | $905,000 | -4.7% | 0.1% |
| MEMBERS1st Community Credit Union | $190,000 | $860,000 | 352.6% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $830,000 | n/a | 0.1% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $745,000 | $800,000 | 7.4% | 0.1% |
| Bank of America | $205,000 | $795,000 | 287.8% | 0.1% |
| RESIDENTIAL MORTGAGE NETWORK, INC. | $765,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $695,000 | n/a | 0.1% | |
| FREEDOM MORTGAGE CORPORATION | $660,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $525,000 | $605,000 | 15.2% | 0.1% |
| CEDAR VALLEY BANK & TRUST | $825,000 | $600,000 | -27.3% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $765,000 | $570,000 | -25.5% | 0.1% |
| DuTrac Community Credit Union | $555,000 | n/a | 0.1% | |
| JPMorgan Chase Bank | $945,000 | $545,000 | -42.3% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $525,000 | n/a | 0.1% | |
| Community Savings Bank | $470,000 | $520,000 | 10.6% | 0.1% |
| The Federal Savings Bank | $75,000 | $520,000 | 593.3% | 0.1% |
| Kerndt Brothers Savings Bank | $55,000 | $510,000 | 827.3% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $275,000 | $495,000 | 80.0% | 0.1% |
| Stifel Bank and Trust | $305,000 | $475,000 | 55.7% | 0.1% |
| Grinnell State Bank | $195,000 | $455,000 | 133.3% | 0.1% |
| COMMUNITY 1ST CREDIT UNION | $25,000 | $420,000 | 1,580.0% | 0.1% |
| Manufacturers Bank & Trust Company | $390,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $430,000 | $380,000 | -11.6% | 0.1% |
| Carrington Mortgage Services, LLC | $150,000 | $360,000 | 140.0% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $355,000 | n/a | 0.1% | |
| The Nodaway Valley Bank | $355,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $135,000 | $350,000 | 159.3% | 0.1% |
| Flanagan State Bank | $395,000 | $345,000 | -12.7% | 0.1% |
| THRIVENT Federal Credit Union | $45,000 | $335,000 | 644.4% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $700,000 | $325,000 | -53.6% | 0.1% |
| Hiawatha Bank and Trust | $315,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $275,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $265,000 | n/a | 0.0% | |
| Bankers Trust Company | $255,000 | n/a | 0.0% | |
| Stride Bank | $255,000 | n/a | 0.0% | |
| CROSSCOUNTRY MORTGAGE, LLC | $250,000 | n/a | 0.0% | |
| Figure Lending LLC | $250,000 | n/a | 0.0% | |
| Arvest Bank | $245,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $235,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $590,000 | $235,000 | -60.2% | 0.0% |
| Chippewa Valley Bank | $225,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $815,000 | $225,000 | -72.4% | 0.0% |
| Alerus Financial | $220,000 | n/a | 0.0% | |
| Citizens State Bank | $430,000 | $210,000 | -51.2% | 0.0% |
| Great Southern Bank | $305,000 | $205,000 | -32.8% | 0.0% |
| TOWNE MORTGAGE COMPANY | $115,000 | $205,000 | 78.3% | 0.0% |
| OCMBC, INC. | $195,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $195,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $285,000 | $195,000 | -31.6% | 0.0% |
| POLARIS HOME FUNDING CORP. | $185,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $460,000 | $185,000 | -59.8% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $175,000 | n/a | 0.0% | |
| Hancock Whitney Bank | $175,000 | n/a | 0.0% | |
| Flagstar Bank, FSB | $55,000 | $170,000 | 209.1% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $165,000 | n/a | 0.0% | |
| PNC Bank | $165,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $145,000 | $155,000 | 6.9% | 0.0% |
| AmeriHome Mortgage Company, LLC | $165,000 | $145,000 | -12.1% | 0.0% |
| Bank of England | $145,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $145,000 | n/a | 0.0% | |
| CARDINAL FINANCIAL | $975,000 | $135,000 | -86.2% | 0.0% |
| Central Bank | $275,000 | $135,000 | -50.9% | 0.0% |
| INTERCAP LENDING INC. | $135,000 | n/a | 0.0% | |
| Landmark National Bank | $135,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $135,000 | n/a | 0.0% | |
| State Savings Bank | $135,000 | n/a | 0.0% | |
| Exchange State Bank | $125,000 | n/a | 0.0% | |
| Washington State Bank | $115,000 | $125,000 | 8.7% | 0.0% |
| Coastal Community Bank | $185,000 | $120,000 | -35.1% | 0.0% |
| HOMESERVICES LENDING, LLC | $120,000 | n/a | 0.0% | |
| MARINE | $145,000 | $120,000 | -17.2% | 0.0% |
| ASCENTRA | $115,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $190,000 | $115,000 | -39.5% | 0.0% |
| FRONTIER FINANCIAL, INC. | $105,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $160,000 | $105,000 | -34.4% | 0.0% |
| Northwest Bank | $245,000 | $105,000 | -57.1% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $200,000 | $100,000 | -50.0% | 0.0% |
| AMWEST FUNDING CORP. | $85,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $145,000 | $85,000 | -41.4% | 0.0% |
| FIRST | $125,000 | $85,000 | -32.0% | 0.0% |
| South Story Bank & Trust | $85,000 | n/a | 0.0% | |
| BMO Harris Bank | $75,000 | n/a | 0.0% | |
| Ixonia Bank | $75,000 | n/a | 0.0% | |
| Premier Credit Union | $205,000 | $75,000 | -63.4% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $365,000 | $70,000 | -80.8% | 0.0% |
| Heartland Bank and Trust Company | $520,000 | $65,000 | -87.5% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $65,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $55,000 | $55,000 | 0.0% | 0.0% |
| Farm Credit Mid-America, ACA | $1,990,000 | $55,000 | -97.2% | 0.0% |
| RESIDENTIAL BANCORP | $55,000 | n/a | 0.0% | |
| GREATER IOWA CREDIT UNION | $45,000 | n/a | 0.0% | |
| Chelsea Savings Bank | $270,000 | $35,000 | -87.0% | 0.0% |
| Connexus Credit Union | $35,000 | n/a | 0.0% | |
| Centier Bank | $35,000 | $15,000 | -57.1% | 0.0% |
WATERLOO - CEDAR FALLS's top lender by overall market share is VERIDIAN CREDIT UNION, with 31.2% market share. In second place, with 19.6%, is GREENSTATE CREDIT UNION, having originated $124,320,000 in loans. In third place, with 4.8%, is Farmers State Bank, having originated $30,490,000 in loans. In fourth place, with 3.7%, is Cedar Rapids Bank and Trust Company, having originated $23,820,000 in loans. In fifth place, with 3.4%, is CEDAR FALLS COMMUNITY CREDIT UNION, having originated $21,425,000 in loans.
WATERLOO - CEDAR FALLS Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - WATERLOO - CEDAR FALLS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $134,450 (-0.4%) | $174,971 (3.1%) | 0.50 | 638 |
| 2018-02-01 | $136,675 (-2.0%) | $172,046 (0.1%) | 0.50 | 609 |
| 2018-03-01 | $139,900 (-3.3%) | $174,382 (-2.5%) | 0.49 | 578 |
| 2018-04-01 | $144,350 (-2.9%) | $179,836 (-0.4%) | 0.49 | 563 |
| 2018-05-01 | $140,950 (-2.8%) | $180,471 (0.9%) | 0.47 | 573 |
| 2018-06-01 | $145,000 (-0.5%) | $183,976 (2.5%) | 0.48 | 622 |
| 2018-07-01 | $146,750 (1.2%) | $183,529 (2.2%) | 0.49 | 652 |
| 2018-08-01 | $144,900 (-0.2%) | $183,942 (1.1%) | 0.49 | 682 |
| 2018-09-01 | $143,000 (0.2%) | $185,299 (3.5%) | 0.48 | 660 |
| 2018-10-01 | $144,750 (3.5%) | $184,141 (2.4%) | 0.49 | 656 |
| 2018-11-01 | $144,900 (3.9%) | $182,257 (2.3%) | 0.49 | 642 |
| 2018-12-01 | $139,900 (4.5%) | $183,931 (6.3%) | 0.48 | 595 |
| 2019-01-01 | $143,700 (6.9%) | $187,857 (7.4%) | 0.50 | 529 |
| 2019-02-01 | $148,100 (8.4%) | $193,314 (12.4%) | 0.50 | 496 |
| 2019-03-01 | $154,186 (10.2%) | $204,567 (17.3%) | 0.50 | 484 |
| 2019-04-01 | $159,186 (10.3%) | $209,612 (16.6%) | 0.51 | 499 |
| 2019-05-01 | $162,400 (15.2%) | $212,437 (17.7%) | 0.51 | 529 |
| 2019-06-01 | $170,700 (17.7%) | $216,139 (17.5%) | 0.53 | 578 |
| 2019-07-01 | $170,700 (16.3%) | $214,078 (16.7%) | 0.53 | 561 |
| 2019-08-01 | $167,823 (15.8%) | $209,815 (14.1%) | 0.53 | 580 |
| 2019-09-01 | $166,207 (16.2%) | $210,389 (13.5%) | 0.53 | 605 |
| 2019-10-01 | $165,130 (14.1%) | $210,260 (14.2%) | 0.53 | 625 |
| 2019-11-01 | $162,500 (12.2%) | $203,873 (11.9%) | 0.53 | 608 |
| 2019-12-01 | $164,400 (17.5%) | $201,060 (9.3%) | 0.55 | 572 |
| 2020-01-01 | $164,450 (14.4%) | $202,309 (7.7%) | 0.55 | 524 |
| 2020-02-01 | $164,950 (11.4%) | $207,918 (7.6%) | 0.54 | 475 |
| 2020-03-01 | $158,750 (3.0%) | $204,705 (0.1%) | 0.50 | 486 |
| 2020-04-01 | $159,950 (0.5%) | $206,747 (-1.4%) | 0.50 | 489 |
| 2020-05-01 | $170,000 (4.7%) | $216,785 (2.1%) | 0.52 | 455 |
| 2020-06-01 | $175,875 (3.0%) | $225,393 (4.3%) | 0.52 | 459 |
| 2020-07-01 | $179,725 (5.3%) | $231,576 (8.2%) | 0.52 | 445 |
| 2020-08-01 | $177,500 (5.8%) | $230,356 (9.8%) | 0.51 | 437 |
| 2020-09-01 | $171,500 (3.2%) | $223,629 (6.3%) | 0.49 | 416 |
| 2020-10-01 | $164,900 (-0.1%) | $217,744 (3.6%) | 0.47 | 441 |
| 2020-11-01 | $158,600 (-2.4%) | $219,702 (7.8%) | 0.46 | 432 |
| 2020-12-01 | $151,800 (-7.7%) | $225,401 (12.1%) | 0.45 | 360 |
| 2021-01-01 | $159,900 (-2.8%) | $233,656 (15.5%) | 0.48 | 303 |
| 2021-02-01 | $161,250 (-2.2%) | $226,888 (9.1%) | 0.47 | 253 |
| 2021-03-01 | $158,725 (0.0%) | $224,142 (9.5%) | 0.45 | 219 |
| 2021-04-01 | $169,900 (6.2%) | $236,546 (14.4%) | 0.46 | 196 |
| 2021-05-01 | $168,950 (-0.6%) | $225,015 (3.8%) | 0.45 | 188 |
| 2021-06-01 | $161,500 (-8.2%) | $217,287 (-3.6%) | 0.43 | 218 |
| 2021-07-01 | $164,900 (-8.3%) | $216,372 (-6.6%) | 0.44 | 260 |
| 2021-08-01 | $159,862 (-9.9%) | $214,679 (-6.8%) | 0.43 | 295 |
| 2021-09-01 | $151,100 (-11.9%) | $213,810 (-4.4%) | 0.40 | 290 |
| 2021-10-01 | $149,900 (-9.1%) | $212,255 (-2.5%) | 0.40 | 278 |
| 2021-11-01 | $149,450 (-5.8%) | $202,300 (-7.9%) | 0.40 | 255 |
| 2021-12-01 | $148,450 (-2.2%) | $196,329 (-12.9%) | 0.40 | 219 |
| 2022-01-01 | $159,250 (-0.4%) | $207,197 (-11.3%) | 0.43 | 186 |
| 2022-02-01 | $182,425 (13.1%) | $256,410 (13.0%) | 0.47 | 142 |
| 2022-03-01 | $237,450 (49.6%) | $262,136 (17.0%) | 0.59 | 127 |
| 2022-04-01 | $229,950 (35.3%) | $272,845 (15.4%) | 0.55 | 128 |
| 2022-05-01 | $227,500 (34.7%) | $277,517 (23.3%) | 0.52 | 148 |
| 2022-06-01 | $223,500 (38.4%) | $270,979 (24.7%) | 0.50 | 177 |
| 2022-07-01 | $199,000 (20.7%) | $247,402 (14.3%) | 0.45 | 222 |
| 2022-08-01 | $217,188 (35.9%) | $260,678 (21.4%) | 0.50 | 227 |
| 2022-09-01 | $234,130 (55.0%) | $274,516 (28.4%) | 0.55 | 226 |
| 2022-10-01 | $239,500 (59.8%) | $285,647 (34.6%) | 0.56 | 228 |
| 2022-11-01 | $229,575 (53.6%) | $276,979 (36.9%) | 0.55 | 224 |
| 2022-12-01 | $219,950 (48.2%) | $265,692 (35.3%) | 0.54 | 201 |
| 2023-01-01 | $218,450 (37.2%) | $262,936 (26.9%) | 0.54 | 183 |
| 2023-02-01 | $257,225 (41.0%) | $279,394 (9.0%) | 0.62 | 163 |
| 2023-03-01 | $262,950 (10.7%) | $275,798 (5.2%) | 0.62 | 162 |
| 2023-04-01 | $258,500 (12.4%) | $268,712 (-1.5%) | 0.60 | 155 |
| 2023-05-01 | $268,675 (18.1%) | $282,049 (1.6%) | 0.61 | 166 |
| 2023-06-01 | $254,925 (14.1%) | $280,959 (3.7%) | 0.57 | 183 |
| 2023-07-01 | $259,750 (30.5%) | $290,972 (17.6%) | 0.59 | 191 |
| 2023-08-01 | $216,225 (-0.4%) | $275,106 (5.5%) | 0.50 | 231 |
| 2023-09-01 | $224,900 (-3.9%) | $274,471 (0.0%) | 0.52 | 233 |
| 2023-10-01 | $249,950 (4.4%) | $278,611 (-2.5%) | 0.59 | 246 |
| 2023-11-01 | $264,450 (15.2%) | $286,544 (3.5%) | 0.63 | 264 |
| 2023-12-01 | $259,900 (18.2%) | $283,676 (6.8%) | 0.63 | 254 |
| 2024-01-01 | $267,425 (22.4%) | $298,521 (13.5%) | 0.65 | 226 |
| 2024-02-01 | $273,900 (6.5%) | $310,535 (11.2%) | 0.66 | 211 |
| 2024-03-01 | $281,000 (6.9%) | $321,634 (16.6%) | 0.66 | 221 |
| 2024-04-01 | $281,375 (8.9%) | $321,304 (19.6%) | 0.65 | 221 |
| 2024-05-01 | $292,313 (8.8%) | $332,996 (18.1%) | 0.67 | 219 |
| 2024-06-01 | $281,250 (10.3%) | $315,857 (12.4%) | 0.64 | 265 |
| 2024-07-01 | $278,500 (7.2%) | $309,025 (6.2%) | 0.64 | 300 |
| 2024-08-01 | $269,900 (24.8%) | $305,058 (10.9%) | 0.63 | 346 |
| 2024-09-01 | $264,475 (17.6%) | $304,442 (10.9%) | 0.62 | 370 |
| 2024-10-01 | $256,450 (2.6%) | $301,038 (8.1%) | 0.60 | 387 |
| 2024-11-01 | $254,900 (-3.6%) | $295,899 (3.3%) | 0.61 | 381 |
| 2024-12-01 | $254,725 (-2.0%) | $294,724 (3.9%) | 0.63 | 359 |
| 2025-01-01 | $249,925 (-6.5%) | $292,918 (-1.9%) | 0.62 | 312 |
| 2025-02-01 | $258,200 (-5.7%) | $298,456 (-3.9%) | 0.63 | 307 |
| 2025-03-01 | $269,900 (-4.0%) | $308,534 (-4.1%) | 0.00 | 269 |
WATERLOO - CEDAR FALLS's median listing price comes in at 0% of the national average.
WATERLOO - CEDAR FALLS's average listing price for 2025-03-01 was $308,534, a difference of $-13,100 (-4.1%) versus the prior year and $10,078 versus the prior month.
For the 2025-03-01 period, WATERLOO - CEDAR FALLS had 269 MLS listings, a difference of -38 listings (-12%) versus the prior month and 48 listings (22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - WATERLOO - CEDAR FALLS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 80 days | 1,570 sqft |
| 2018-02-01 | 79 days | 1,560 sqft |
| 2018-03-01 | 62 days | 1,565 sqft |
| 2018-04-01 | 51 days | 1,584 sqft |
| 2018-05-01 | 46 days | 1,593 sqft |
| 2018-06-01 | 49 days | 1,624 sqft |
| 2018-07-01 | 53 days | 1,600 sqft |
| 2018-08-01 | 52 days | 1,612 sqft |
| 2018-09-01 | 59 days | 1,607 sqft |
| 2018-10-01 | 65 days | 1,616 sqft |
| 2018-11-01 | 68 days | 1,617 sqft |
| 2018-12-01 | 78 days | 1,612 sqft |
| 2019-01-01 | 83 days | 1,624 sqft |
| 2019-02-01 | 87 days | 1,638 sqft |
| 2019-03-01 | 70 days | 1,659 sqft |
| 2019-04-01 | 50 days | 1,623 sqft |
| 2019-05-01 | 45 days | 1,547 sqft |
| 2019-06-01 | 51 days | 1,486 sqft |
| 2019-07-01 | 58 days | 1,479 sqft |
| 2019-08-01 | 58 days | 1,467 sqft |
| 2019-09-01 | 59 days | 1,453 sqft |
| 2019-10-01 | 60 days | 1,442 sqft |
| 2019-11-01 | 65 days | 1,430 sqft |
| 2019-12-01 | 73 days | 1,392 sqft |
| 2020-01-01 | 83 days | 1,428 sqft |
| 2020-02-01 | 86 days | 1,451 sqft |
| 2020-03-01 | 56 days | 1,439 sqft |
| 2020-04-01 | 54 days | 1,437 sqft |
| 2020-05-01 | 67 days | 1,500 sqft |
| 2020-06-01 | 67 days | 1,519 sqft |
| 2020-07-01 | 54 days | 1,477 sqft |
| 2020-08-01 | 58 days | 1,457 sqft |
| 2020-09-01 | 63 days | 1,441 sqft |
| 2020-10-01 | 52 days | 1,431 sqft |
| 2020-11-01 | 52 days | 1,400 sqft |
| 2020-12-01 | 56 days | 1,403 sqft |
| 2021-01-01 | 69 days | 1,395 sqft |
| 2021-02-01 | 86 days | 1,435 sqft |
| 2021-03-01 | 56 days | 1,430 sqft |
| 2021-04-01 | 52 days | 1,477 sqft |
| 2021-05-01 | 39 days | 1,503 sqft |
| 2021-06-01 | 32 days | 1,456 sqft |
| 2021-07-01 | 32 days | 1,432 sqft |
| 2021-08-01 | 38 days | 1,389 sqft |
| 2021-09-01 | 46 days | 1,428 sqft |
| 2021-10-01 | 54 days | 1,359 sqft |
| 2021-11-01 | 48 days | 1,335 sqft |
| 2021-12-01 | 51 days | 1,310 sqft |
| 2022-01-01 | 62 days | 1,334 sqft |
| 2022-02-01 | 62 days | 1,373 sqft |
| 2022-03-01 | 45 days | 1,449 sqft |
| 2022-04-01 | 31 days | 1,501 sqft |
| 2022-05-01 | 22 days | 1,456 sqft |
| 2022-06-01 | 24 days | 1,629 sqft |
| 2022-07-01 | 24 days | 1,618 sqft |
| 2022-08-01 | 37 days | 1,681 sqft |
| 2022-09-01 | 41 days | 1,743 sqft |
| 2022-10-01 | 43 days | 1,782 sqft |
| 2022-11-01 | 51 days | 1,701 sqft |
| 2022-12-01 | 60 days | 1,664 sqft |
| 2023-01-01 | 74 days | 1,587 sqft |
| 2023-02-01 | 57 days | 1,597 sqft |
| 2023-03-01 | 48 days | 1,569 sqft |
| 2023-04-01 | 46 days | 1,562 sqft |
| 2023-05-01 | 31 days | 1,556 sqft |
| 2023-06-01 | 35 days | 1,628 sqft |
| 2023-07-01 | 45 days | 1,660 sqft |
| 2023-08-01 | 34 days | 1,608 sqft |
| 2023-09-01 | 45 days | 1,569 sqft |
| 2023-10-01 | 41 days | 1,601 sqft |
| 2023-11-01 | 39 days | 1,599 sqft |
| 2023-12-01 | 54 days | 1,561 sqft |
| 2024-01-01 | 74 days | 1,581 sqft |
| 2024-02-01 | 68 days | 1,618 sqft |
| 2024-03-01 | 46 days | 1,584 sqft |
| 2024-04-01 | 45 days | 1,645 sqft |
| 2024-05-01 | 52 days | 1,756 sqft |
| 2024-06-01 | 46 days | 1,744 sqft |
| 2024-07-01 | 44 days | 1,752 sqft |
| 2024-08-01 | 45 days | 1,723 sqft |
| 2024-09-01 | 52 days | 1,686 sqft |
| 2024-10-01 | 58 days | 1,658 sqft |
| 2024-11-01 | 58 days | 1,667 sqft |
| 2024-12-01 | 66 days | 1,679 sqft |
| 2025-01-01 | 79 days | 1,657 sqft |
| 2025-02-01 | 74 days | 1,662 sqft |
| 2025-03-01 | 0 days | 1,698 sqft |
WATERLOO - CEDAR FALLS's median square footage for active listings during the 2025-03-01 period was 1,698 sqft. One year prior, the average listing was 1,584 sqft.
WATERLOO-CEDAR FALLS, IA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,386 | $420,130,000 | $176,081 |
| Other | 666 | $36,600,000 | $54,955 |
| Refi | 548 | $83,730,000 | $152,792 |
| Home Improvement | 544 | $34,430,000 | $63,290 |
| Cash Out Refi | 375 | $58,325,000 | $155,533 |
| NA | 17 | $2,665,000 | $156,765 |
Waterloo - Cedar Falls's most frequently cited loan purpose was Home Purchase, with 2,386 originations. The 2nd most popular reason was Other, with 666 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,861 | $288,745,000 | $155,156 |
| 7-8% | 972 | $92,460,000 | $95,123 |
| 5-6% | 604 | $113,800,000 | $188,411 |
| Over 8% | 573 | $34,505,000 | $60,218 |
| <2.5% | 26 | $830,000 | $31,923 |
| 4-5% | 25 | $6,535,000 | $261,400 |
| 2.5-3% | 5 | $865,000 | $173,000 |
| 3-4% | 3 | $2,355,000 | $785,000 |
During 2024, Waterloo - Cedar Falls's most frequently originated rate bucket was 6-7%, with 1,861 originations.
Loan Sizing (WATERLOO-CEDAR FALLS, IA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 2,357 | $113,565,000 | $48,182 |
| $100k-200k | 1,223 | $175,655,000 | $143,626 |
| $200k-400k | 763 | $206,365,000 | $270,465 |
| $400k-600k | 137 | $65,035,000 | $474,708 |
| $600k-1000k | 36 | $24,930,000 | $692,500 |
| $Over $1MM | 20 | $50,330,000 | $2,516,500 |
WATERLOO - CEDAR FALLS's loan sizing saw the bucket of loans from $100,000 or less with 2,357 originations, totaling $113,565,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,119 | $228,255,000 | $203,981 |
| Under 20% | 942 | $42,310,000 | $44,915 |
| 20-40% | 893 | $62,915,000 | $70,454 |
| 60-80% | 801 | $160,315,000 | $200,144 |
| 40-60% | 281 | $36,645,000 | $130,409 |
| Over 100% | 23 | $7,585,000 | $329,783 |
WATERLOO - CEDAR FALLS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,119 originations, totaling $228,255,000 in origination value.