Good Shepherd, Waterloo, IA
Good Shepherd — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Good Shepherd, Waterloo, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Good Shepherd Neighborhood Overview
Good Shepherd is a residential neighborhood located in Waterloo, Iowa, within the 50701 ZIP code. It offers residents a quiet, community-focused atmosphere with convenient access to the broader amenities of the city. The area is characterized by a mix of single-family homes and established green spaces.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood tranquility. The area provides convenient access to essential shopping and dining options along nearby major corridors. Its location supports a balanced pace of life within the city.
Real Estate Market
The Good Shepherd real estate market is defined by affordability and stability. The median home value is $173,500, with a price per square foot around $118.27, while the median monthly rent is $839, reflecting its appeal to both homeowners and renters in a market where 65% of residents own their homes.
Schools & Education
Families in Good Shepherd are served by the Waterloo Community School District. The neighborhood's proximity to various district schools provides educational options for children. The area values its connection to local educational resources and community learning.
Transportation & Connectivity
The neighborhood benefits from good connectivity via major roads like U.S. Highway 63 and Ridgeway Avenue. Public transit services through the Metro Transit system provide access to downtown Waterloo and other key areas. This infrastructure makes commuting and running errands straightforward for residents.
Why Choose Good Shepherd
Good Shepherd is an excellent choice for those seeking an affordable, stable community in Waterloo. With a median household income of $60,130, it represents a solid value for both first-time homebuyers and renters. The neighborhood's strong homeownership rate and convenient location make it a practical and welcoming place to live.
Good Shepherd 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 Good Shepherd, Waterloo
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Good Shepherd, 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 2026-10-15