Data as of March 2026. Source: Realtor.com.
The WATERLOO, IL real estate market (62298) currently shows 57 active listings, with 21 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 55 days on market compared to 84 days last year.
The median listing price has fallen 15.6% year-over-year, from $426,530 to $360,000.
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.
Population: 17,192 · Density: 46.4/mi² · Median household income: $93,066
Typical home value: $246,716 · Homeownership: 83.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62298 | Waterloo, IL 62298 | 0.0 mi | 50 | $17,532,500 | $373,725 | $350,650 |
| 62244 | Fults, IL 62244 | 8.5 mi | 3 | $1,237,425 | $412,475 | $412,475 |
| 62295 | Valmeyer, IL 62295 | 8.9 mi | 1 | $265,500 | $265,500 | $265,500 |
| 62285 | Smithton, IL 62285 | 9.5 mi | 12 | $5,047,908 | $469,225 | $420,659 |
| 62278 | Red Bud, IL 62278 | 11.3 mi | 8 | $1,311,600 | $153,750 | $163,950 |
| 63019 | Crystal City, MO 63019 | 13.4 mi | 7 | $1,756,160 | $225,000 | $250,880 |
| 63129 | Saint Louis, MO 63129 | 13.8 mi | 100 | $31,341,400 | $324,975 | $313,414 |
| 63070 | Pevely, MO 63070 | 14.6 mi | 19 | $6,516,810 | $299,700 | $342,990 |
| 62240 | East Carondelet, IL 62240 | 15.0 mi | 2 | $112,766 | $40,000 | $56,383 |
| 63010 | Arnold, MO 63010 | 15.5 mi | 60 | $18,834,600 | $289,925 | $313,910 |
| 63012 | Barnhart, MO 63012 | 16.2 mi | 12 | $5,126,916 | $427,450 | $427,243 |
| 63125 | Saint Louis, MO 63125 | 16.4 mi | 75 | $13,768,275 | $177,425 | $183,577 |
| 63028 | Festus, MO 63028 | 17.4 mi | 83 | $30,928,788 | $334,925 | $372,636 |
As of March 2026, there are 57 active listings in WATERLOO, IL (zip code 62298), compared to 61 the prior year.
The median listing price in WATERLOO, IL 62298 is $360,000 as of March 2026, a 15.6% decrease from $426,530 the prior year.
Homes in WATERLOO, IL 62298 spend an average of 55 days on the market before going under contract, compared to 84 days the prior year.
Based on current inventory and days-on-market data as of March 2026, WATERLOO, IL 62298 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 55 days on market compared to 84 days last year.
With SELL123.com's maximum 3% commission, sellers in WATERLOO, IL 62298 save an estimated $7,200 compared to a typical 5% commission on the median listing price of $360,000. 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.