Waterloo Real Estate

  • 364 homes for sale in Waterloo, ON.

  • $719,284 Avg List
  • Recently Sold

Refine your Waterloo real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Waterloo.

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  1. Canada
  2. Ontario
  3. Waterloo Real Estate

Home Prices in Waterloo

The asking price of homes for sale in Waterloo has decreased -19.75% since October last year, while the number of homes for sale has decreased -67.79%. See more Waterloo Home Prices & Values.

House
Median Asking Price
$750K
110 Houses
Townhouse
Median Asking Price
$529K
21 Townhouses
Condo
Median Asking Price
$376K
138 Condos

Find Real Estate & MLS® Listings in Waterloo

Zolo has the most thorough, up-to-date set of Waterloo real estate listings. At the moment, Waterloo has 135 homes for sale, including 110 houses, 138 condos, and 21 townhouses listed for sale.

With Zolo you'll be able to find the hottest Waterloo neighbourhoods, the top schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

If you’re looking for rentals instead of homes for sale, Zolo has a comprehensive set of 45 Waterloo rental listings, including 5 houses and 34 apartments for rent. Most residents in the city own their homes, while 26% live in rentals with an average lease price of $894.

MLS® Listing data for Waterloo is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Waterloo real estate agents to get started on landing your dream home today.

Waterloo City Guide

4K
Population
6.8%
Population Growth
7%
Unemployment

Located in Ontario, the city of Waterloo has a population of 4,330. The 6.8% population growth for this city is above average when compared to other Canadian cities.

There are 24.04% of immigrants in in Waterloo, 4.16% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 80% of residents reporting it as their mother tongue. The largest cultural community within Waterloo is German at 576%, followed by English at 562% and Canadian at 501%.

Waterloo offers good employment opportunities with an unemployment rate that sits near 7%, which is average when compared to other cities. Approximately 62% of residents hold a university degree. Residents can expect an exceptional quality of life in Waterloo based upon an above average median family income of $77,626.

According to Statistics Canada 87% of Waterloo residents drive. About 14% of residents that are already established within the city will move within a year, while 38% will move within five years.

Waterloo's population is higher than average when it comes to homeownership, with 74% owning a home and 26% renting. The median monthly mortgage cost is estimated to be about $1,156, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, Waterloo is a good place to establish a foothold in the real estate market.

Nearby Cities

A large number of expectant homeowners go for homes for sale in neighbourhoods that are further from Waterloo's downtown core. Suburban areas usually offer larger homes on larger lots. For even more options, consider commuting into Waterloo's core from a nearby city, such as New Hamburg, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they have excellent housing options, often at more economical prices.

City
(Top 5)
Active listings
1Woolwich 11
2Kitchener 446
3Cambridge 297
4North Dumfries 4
5Waterloo 372

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Waterloo’s demographics, including median age, schools and income, using census information from Statistics Canada.

26%
Rent
74%
Own
$894
Monthly Rent (Median)
$1,156
Monthly Mortgage (Median)
25,920
Total Families
$77,626
Family Income (Median)
45
Age (Median)
62%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Waterloo is home to top-rated elementary and secondary schools. To help you narrow down your Waterloo housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

8.1 Empire
8.0 St Nicholas
7.8 St Agnes
7.7 Mary Johnston
7.5 Lexington

Secondary Schools

7.8 Bluevale
7.8 Sir John A Macdonald
7.3 Waterloo
6.3 St David

Commuters

According to Statistics Canada, residents in Waterloo use a variety of ways to get around.

87%
Drive
6%
Transit
2%
Bike
6%
Walk

FAQs About Waterloo Real Estate

According to current Waterloo MLS© statistics, the average home listing price in Waterloo, ON is $712,000. Based on Waterloo housing inventory, the average home is listed on the market for 16 days and has a 102.2% selling to listing price ratio.

Based on current Waterloo MLS© data, the average detached house in Waterloo, ON has a listing price of $1,096,000. In Waterloo, detached houses are on the market for 12 days on average.

According to current Waterloo MLS© data, the average condo in Waterloo, ON has a listing price of $423,000. In Waterloo, the average price for a 2-bedroom condo is $444,000 and the average price for a 1-bedroom condo is $342,000.

The average townhouse in Waterloo has an average listing price of $705,000, which represents a 23.9% change in price from last year. There are currently 24 townhouses for sale in Waterloo, ON.

According to Statistics Canada Census data, the median total household income in Waterloo is $77,626 per year, which is above the national median income of $67,000 per year.

In Waterloo, ON, fewer people rent their homes than own at 26.4% rent versus 73.6% own. The median monthly rent price is $1,900 per month versus the median monthly mortgage of $2,600 per month.

waterloo
The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor Zolo.