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Updated July 2026Zillowmonthly

62298 Real Estate Market Update: Waterloo, IL, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

The latest housing-market numbers for ZIP code 62298 in Waterloo, Illinois, for July 2026: a $308K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.

$308K
Median sale price, July 2026
ZIP 62298, Waterloo, IL, July 2026. Source: Zillow.
MetricValueMoMYoY
Median sale price$308K▲ +7.8%n/a
Homes for sale45▼ -11.8%▼ -4.3%
New listings22• 0.0%▼ -21.4%

Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.

What the 62298 numbers say

The 62298 ZIP in Waterloo is leveling off. The median sale price is $308,447, roughly flat year over year. Sellers here are getting close to list price.

With 45 homes for sale and 22 new listings this month, 62298 is currently an active market.

What this means if you sell in 62298

Use these figures to set expectations early with each client. Lead a listing appointment with the $308K median price, show the year-over-year direction, and frame 62298 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 62298 market

We built LOKAL to pull 62298's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $308K median sale price and a +7.8% month-over-month move with 45 homes for sale. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 62298 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 62298 housing market

What is the median home price in ZIP 62298 (Waterloo, IL)?
As of July 2026, the median sale price in ZIP 62298 is $308,447, per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
Is ZIP 62298 a buyer's or seller's market right now?
ZIP 62298 is currently an active market for July 2026.
How long do homes take to sell in ZIP 62298?
Zillow does not publish a days-on-market figure for 62298 this period. Verify pace against your local MLS.
Where does this 62298 market data come from?
All figures for 62298 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.

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Data credited to its source on every update. LOKAL is independent.

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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.