The most expensive neighborhoods in Waterloo
Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand keeping many on the sidelines. This comes amid rising economic uncertainty and growing wealth concentration. But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are still selling, even as most buyers pull back.
Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Waterloo metro area—and showcased a few of the area's standout listings (when possible).
Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.
#1. Birdsall Park (Cedar Falls, IA)
Median sale price: $367,500 | Median days on market: 11 days2201 W 8Th St, Cedar Falls, IA 50613
- List price: $334,900
- Beds: 4 | Baths: 2.25 | Square feet: 2,500
- See 2201 W 8Th St, Cedar Falls, IA 50613 on Redfin.com
2214 Coventry Ln, Cedar Falls, IA 50613
- List price: $334,900
- Beds: 4 | Baths: 3 | Square feet: 2,500
- See 2214 Coventry Ln, Cedar Falls, IA 50613 on Redfin.com
2607 Feather Run Trl, Cedar Falls, IA 50613
- List price: $310,000
- Beds: 3 | Baths: 1.75 | Square feet: 2,075
- See 2607 Feather Run Trl, Cedar Falls, IA 50613 on Redfin.com
405 Golden Ln, Cedar Falls, IA 50613
- List price: $378,500
- Beds: 2 | Baths: 1.75 | Square feet: 1,382
- See 405 Golden Ln, Cedar Falls, IA 50613 on Redfin.com
#2. Cedar Heights (Cedar Falls, IA)
Median sale price: $309,500 | Median days on market: 11 days2522 Sunset Blvd, Cedar Falls, IA 50613
- List price: $550,000
- Beds: 4 | Baths: 3 | Square feet: 3,653
- See 2522 Sunset Blvd, Cedar Falls, IA 50613 on Redfin.com
2622 Garden Ave, Cedar Falls, IA 50613
- List price: $145,000
- Beds: 3 | Baths: 1 | Square feet: 912
- See 2622 Garden Ave, Cedar Falls, IA 50613 on Redfin.com
2727 Cedar Heights Dr, Cedar Falls, IA 50613
- List price: $119,000
- Beds: 3 | Baths: 1 | Square feet: 1,184
- See 2727 Cedar Heights Dr, Cedar Falls, IA 50613 on Redfin.com
#3. College Square (Cedar Falls, IA)
Median sale price: $284,500 | Median days on market: 19 days4015 Cedar Heights Dr, Cedar Falls, IA 50613
- List price: $294,900
- Beds: 2 | Baths: 1.75 | Square feet: 1,411
- See 4015 Cedar Heights Dr, Cedar Falls, IA 50613 on Redfin.com
4015 Cedar Heights Dr, Cedar Falls, IA 50613
- List price: $294,900
- Beds: 2 | Baths: 1.75 | Square feet: 1,411
- See 4015 Cedar Heights Dr, Cedar Falls, IA 50613 on Redfin.com
4015 Cedar Heights Dr, Cedar Falls, IA 50613
- List price: $274,900
- Beds: 2 | Baths: 1.75 | Square feet: 1,332
- See 4015 Cedar Heights Dr, Cedar Falls, IA 50613 on Redfin.com
4206 Knoll Ridge Dr, Cedar Falls, IA 50613
- List price: $499,500
- Beds: 4 | Baths: 3.5 | Square feet: 3,360
- See 4206 Knoll Ridge Dr, Cedar Falls, IA 50613 on Redfin.com
#4. Fairview (Cedar Falls, IA)
Median sale price: $228,250 | Median days on market: 18 days1710 College St, Cedar Falls, IA 50613
- List price: $174,900
- Beds: 4 | Baths: 1.75 | Square feet: 1,577
- See 1710 College St, Cedar Falls, IA 50613 on Redfin.com
816 College St, Cedar Falls, IA 50613
- List price: $217,500
- Beds: 3 | Baths: 2.25 | Square feet: 1,551
- See 816 College St, Cedar Falls, IA 50613 on Redfin.com
915 W 9Th St, Cedar Falls, IA 50613
- List price: $195,000
- Beds: 4 | Baths: 1 | Square feet: 1,567
- See 915 W 9Th St, Cedar Falls, IA 50613 on Redfin.com
#5. Northwest Cedar Heights (Cedar Falls, IA)
Median sale price: $227,500 | Median days on market: 2 days1830 Madison St, Cedar Falls, IA 50613
- List price: $260,000
- Beds: 4 | Baths: 2 | Square feet: 1,920
- See 1830 Madison St, Cedar Falls, IA 50613 on Redfin.com
2309 California St, Cedar Falls, IA 50613
- List price: $174,900
- Beds: 3 | Baths: 1 | Square feet: 1,200
- See 2309 California St, Cedar Falls, IA 50613 on Redfin.com
