50702 — Waterloo, IA Home Values
Typical home value $151,861 as of June 2026 · 30th of 33 in Waterloo-Cedar Falls, IA
Blue: typical home value (Zillow ZHVI) in ZIP code 50702, June 2021 to June 2026. This page shows observed data only; no forecast.
How 50702 compares in the Waterloo-Cedar Falls, IA area
ZIP code 50702 (Waterloo, IA) has a typical home value of $151,861 as of June 2026, ranking 30th of 33 ZIP codes tracked in the Waterloo-Cedar Falls, IA area, more expensive than about 12% of ZIP codes in the metro. Prices here have moved -1.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +26.6%, from $119,989 in June 2021 to $151,861 in June 2026. Against observed rent, the typical home here sells for 14× the annual rent ($906/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 50702 has a population of 21,197, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 70.7% White, 12.2% Black or African American, 8.2% Hispanic or Latino, 4.8% Asian, 2.4% two or more races, 1.6% Native Hawaiian or Pacific Islander, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Kittrell Elementary School | 1304 Oregon St, Waterloo, IA | 1.2 mi |
| Lowell Elementary School | 1628 Washington St, Waterloo, IA | 1.9 mi |
| Poyner Elementary | 1138 Central Ave, Evansdale, IA | 2 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 50702?
$151,861 as of June 2026, the latest month Zillow has published observed data for.
Is 50702 an expensive ZIP code in the Waterloo-Cedar Falls, IA area?
50702 ranks 30th of 33 ZIP codes in the Waterloo-Cedar Falls, IA area by typical home value, more expensive than about 12% of ZIP codes in the metro.
How much have home values in 50702 changed over the past year?
-1.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 50702?
The typical home price is 14× the observed annual rent in this ZIP code ($906/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 50702?
21,197, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 50702?
Kittrell Elementary School (1.2 mi), Lowell Elementary School (1.9 mi), Poyner Elementary (2 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 50702?
No. Every number on this page is observed Zillow data as of June 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.