Alabar Hills, Waterloo, IA
Alabar Hills — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Alabar Hills, Waterloo, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Alabar Hills Neighborhood Overview
Alabar Hills is a residential neighborhood located in Waterloo, Iowa, within the 50701 ZIP code. It offers residents a quiet, suburban atmosphere with convenient access to the amenities of the Cedar Valley metropolitan area. The community is characterized by its mix of single-family homes and a strong sense of local pride.
Lifestyle & Amenities
Residents of Alabar Hills enjoy a lifestyle centered around family-friendly living and outdoor recreation. The neighborhood is in proximity to local parks, shopping centers, and dining options that serve the wider Waterloo community. Its location provides a balance of suburban tranquility and practical access to daily necessities.
Real Estate Market
The Alabar Hills real estate market is active and affordable, with a median home value of $173,500. Homes sell relatively quickly, averaging just 18 days on the market, at a price per square foot of approximately $125. The neighborhood has a 65% homeownership rate, with median monthly rents around $839.
Schools & Education
Families in Alabar Hills are served by the Waterloo Community School District. The area provides access to a range of public educational institutions from elementary through high school. Specific school assignments and performance data can be obtained through the local district office.
Transportation & Connectivity
The neighborhood is well-connected by major roadways, including U.S. Highway 218 and Iowa Highway 58, facilitating easy commutes across Waterloo and to neighboring cities like Cedar Falls. Public transit options are available through the Metro Transit system, serving the broader urban area.
Why Choose Alabar Hills
Alabar Hills is an excellent choice for homebuyers seeking an affordable, stable community in the Waterloo area. With a median household income of $60,130, it offers a cost-effective lifestyle without sacrificing connectivity. The brisk home sales market and high ownership rate indicate a desirable and invested neighborhood.
Alabar Hills Market Data
| Metric | Value |
|---|---|
| Median Home Price | $174K |
| Median Gross Rent | $839/mo |
| Median Household Income | $60K |
| Homeownership Rate | 65.1% |
| Renter-Occupied | 34.9% |
| Rental Vacancy Rate | 4.5% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 50701 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 87,047 |
| VA Loan Originations | 3,592 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $245K |
| Conventional Loan Originations | 77,690 |
| FHA Loan Originations | 5,765 |
Top Real Estate Agents in Alabar Hills, Waterloo
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Alabar Hills, Waterloo, IA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Iowa Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-16