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WATERLOO, IL 62298

Real Estate Market Report  ·  Monroe County
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The WATERLOO, IL real estate market (62298) currently shows 64 active listings, with 36 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 46 days on market compared to 47 days last year.

The median listing price has fallen 2.3% year-over-year, from $412,698 to $403,300.

Whether you are buying or selling in WATERLOO, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,192  ·  Density: 46.4/mi²  ·  Median household income: $93,066

Typical home value: $246,716  ·  Homeownership: 83.8%

Market Overview

Active Listings
64
⇩ 12.3% vs 73 last year
Pending
36
56% pending ratio
Median Price
$403,300
⇩ 2.3% vs $412,698 last year
Average Price
$389,387
⇩ 4% vs $405,652 last year
Days on Market
46
⇩ 2.1% vs 47 days last year

Price Per Square Foot

Median $/sqft
$173
⇩ 14.8% vs $203/sqft last year
Median Home Size
1,825 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 64 this year vs 73 last year
  • Days on market: 46 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $403,300 (-2.3% YoY)
  • Average: $389,387 (-4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.4 miles — 432 listings ($133,780,648 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62298Waterloo, IL 622980.0 mi50$17,532,500$373,725$350,650
62244Fults, IL 622448.5 mi3$1,237,425$412,475$412,475
62295Valmeyer, IL 622958.9 mi1$265,500$265,500$265,500
62285Smithton, IL 622859.5 mi12$5,047,908$469,225$420,659
62278Red Bud, IL 6227811.3 mi8$1,311,600$153,750$163,950
63019Crystal City, MO 6301913.4 mi7$1,756,160$225,000$250,880
63129Saint Louis, MO 6312913.8 mi100$31,341,400$324,975$313,414
63070Pevely, MO 6307014.6 mi19$6,516,810$299,700$342,990
62240East Carondelet, IL 6224015.0 mi2$112,766$40,000$56,383
63010Arnold, MO 6301015.5 mi60$18,834,600$289,925$313,910
63012Barnhart, MO 6301216.2 mi12$5,126,916$427,450$427,243
63125Saint Louis, MO 6312516.4 mi75$13,768,275$177,425$183,577
63028Festus, MO 6302817.4 mi83$30,928,788$334,925$372,636

Frequently Asked Questions

How many homes are for sale in WATERLOO, IL 62298?

As of June 2026, there are 64 active listings in WATERLOO, IL (zip code 62298), compared to 73 the prior year.

What is the median home price in WATERLOO, IL 62298?

The median listing price in WATERLOO, IL 62298 is $403,300 as of June 2026, a 2.3% decrease from $412,698 the prior year.

How long do homes stay on the market in WATERLOO, IL?

Homes in WATERLOO, IL 62298 spend an average of 46 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in WATERLOO, IL 62298?

Based on current inventory and days-on-market data as of June 2026, WATERLOO, IL 62298 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 46 days on market compared to 47 days last year.

How much can I save on real estate commission in WATERLOO, IL?

With SELL123.com's maximum 3% commission, sellers in WATERLOO, IL 62298 save an estimated $8,066 compared to a typical 5% commission on the median listing price of $403,300. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.