Walnut, Waterloo, IA
Walnut — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Walnut, Waterloo, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Walnut Neighborhood Overview
Walnut is a residential neighborhood located in the northeastern part of Waterloo, Iowa. It offers a quiet, community-focused atmosphere within the city's 50701 ZIP code. The area is characterized by a mix of established single-family homes and green spaces.
Lifestyle & Amenities
Residents enjoy a convenient lifestyle with local parks and nearby shopping options. The neighborhood provides a peaceful setting while remaining close to essential services and retail corridors. Its location offers easy access to the broader amenities of the Waterloo-Cedar Falls metropolitan area.
Real Estate Market
The Walnut neighborhood features an affordable housing market with a median home value of $173,500. The median rent is $839 per month, and the homeownership rate is a solid 65%. With a Redfin price per square foot of $82.28, the area represents a strong value for home buyers and investors.
Schools & Education
Families in Walnut are served by the Waterloo Community School District. The neighborhood is in proximity to several public schools, providing educational options for children of various ages. Higher education institutions, including the University of Northern Iowa, are a short drive away.
Transportation & Connectivity
The neighborhood is well-connected by major roads like Highway 63 and University Avenue, facilitating easy commutes across Waterloo and to Cedar Falls. Public transit options are available through the Metro Transit system. Its central location in Black Hawk County makes regional travel straightforward.
Why Choose Walnut
Walnut is an excellent choice for those seeking an affordable, stable community with a median household income of $60,130. Its high homeownership rate fosters a strong sense of neighborhood pride and investment. The combination of value, location, and a quiet residential feel makes it a practical and appealing place to call home.
Walnut 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 Walnut, Waterloo
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Walnut, Waterloo, IA. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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