50703 — Waterloo, IA Home Values
Typical home value $97,394 as of June 2026 · 33rd of 33 in Waterloo-Cedar Falls, IA
Blue: typical home value (Zillow ZHVI) in ZIP code 50703, June 2021 to June 2026. This page shows observed data only; no forecast.
How 50703 compares in the Waterloo-Cedar Falls, IA area
ZIP code 50703 (Waterloo, IA) has a typical home value of $97,394 as of June 2026, ranking 33rd of 33 ZIP codes tracked in the Waterloo-Cedar Falls, IA area, more expensive than about 3% of ZIP codes in the metro. Prices here have moved -2.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +19.4%, from $81,573 in June 2021 to $97,394 in June 2026. Against observed rent, the typical home here sells for 9.4× the annual rent ($860/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 50703 has a population of 18,397, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 55% White, 27.6% Black or African American, 9.9% Hispanic or Latino, 5.5% two or more races, 0.9% Asian, 0.7% Native Hawaiian or Pacific Islander, and 0.3% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Cunningham School | 1224 Mobile St, Waterloo, IA | 3.2 mi |
| George Washington Carver Academy | 1505 Logan Ave, Waterloo, IA | 3.3 mi |
| Expo Alternative Learning Center | 1410 Independence Ave, Waterloo, IA | 3.6 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 50703?
$97,394 as of June 2026, the latest month Zillow has published observed data for.
Is 50703 an expensive ZIP code in the Waterloo-Cedar Falls, IA area?
50703 ranks 33rd of 33 ZIP codes in the Waterloo-Cedar Falls, IA area by typical home value, more expensive than about 3% of ZIP codes in the metro.
How much have home values in 50703 changed over the past year?
-2.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 50703?
The typical home price is 9.4× the observed annual rent in this ZIP code ($860/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 50703?
18,397, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 50703?
Cunningham School (3.2 mi), George Washington Carver Academy (3.3 mi), Expo Alternative Learning Center (3.6 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 50703?
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.