SIALIMStatistical Intelligence for America's Local Investment Markets

50677 — Waverly, IA Home Values

Typical home value $280,213 as of August 2026 · 5th of 33 in Waterloo-Cedar Falls, IA

Typical value — August 2026
$280,213
observed, not a forecast
Past 12 months
+1.8%
trailing year-over-year change
Past 5 years
+28.2%
August 2021 to August 2026
Rank in metro
5th
of 33 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 50677, August 2021 to August 2026. This page shows observed data only; no forecast.

How 50677 compares in the Waterloo-Cedar Falls, IA area

ZIP code 50677 (Waverly, IA) has a typical home value of $280,213 as of August 2026, ranking 5th of 33 ZIP codes tracked in the Waterloo-Cedar Falls, IA area, more expensive than about 88% of ZIP codes in the metro. Prices here have moved +1.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.2%, from $218,510 in August 2021 to $280,213 in August 2026. Against observed rent, the typical home here sells for 19.5× the annual rent ($1,200/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Waterloo-Cedar Falls, IA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Waterloo.

Population and demographics

ZIP code 50677 has a population of 12,655, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 89.8% White, 3% Hispanic or Latino, 2.2% two or more races, 2.1% Black or African American, 1.6% Asian, 1.1% another race, and 0.2% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
Margaretta Carey Elementary School220 9th Ave NW, Waverly, IA2.8 mi
Southeast Elementary School809 4th St SE, Waverly, IA3.6 mi
West Cedar Elementary School221 15th St NW, Waverly, IA3.7 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 50677?

$280,213 as of August 2026, the latest month Zillow has published observed data for.

Is 50677 an expensive ZIP code in the Waterloo-Cedar Falls, IA area?

50677 ranks 5th of 33 ZIP codes in the Waterloo-Cedar Falls, IA area by typical home value, more expensive than about 88% of ZIP codes in the metro.

How much have home values in 50677 changed over the past year?

+1.8% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 50677?

The typical home price is 19.5× the observed annual rent in this ZIP code ($1,200/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 50677?

12,655, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 50677?

Margaretta Carey Elementary School (2.8 mi), Southeast Elementary School (3.6 mi), West Cedar Elementary School (3.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 50677?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Waterloo-Cedar Falls, IA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.