Homes for sale in Waterloo, IL
Waterloo, a hidden gem in Monroe County, Illinois, often flies under the radar when it comes to prospective homebuyers. However, those who explore this suburban community quickly see its charm. As the county seat and a key part of the Greater St. Louis metropolitan area, Waterloo boasts a rich history, vibrant local events, and picturesque parks. Conveniently located just 25 miles south of downtown St. Louis, Missouri, this small-town treasure offers a perfect blend of community spirit and easy access to big-city amenities.
Known for its historic downtown area, Waterloo is a mix of modern amenities and small-town charm, offering a lifestyle that’s both relaxed and fulfilling.
ABOUT WATERLOO, IL
First chartered as a city in 1888, Waterloo spans approximately 8.31 square miles in Monroe County, Illinois. With deep French and German influences, Waterloo’s rich heritage is proudly showcased in the Waterloo Historic District, particularly at landmarks like the Bellefontaine House and the Peterstown House.
It was named after the famous Battle of Waterloo in Belgium where Napoleon Bonaparte was defeated in 1815.
Before it became known as Waterloo, the area was originally called Bellefontaine, which means “beautiful fountain” in French, referencing the local natural springs. However, when the community grew and needed a post office in the early 19th century, it was renamed Waterloo to reflect a more universally recognizable name.
Over the years, Waterloo has become an exciting place to live, offering a wide range of restaurants and shops to explore, as well as lush parks, three golf courses, and a weekly farmers market.
Location
Waterloo’s central location makes it easy to access the best of the nearby communities:
- The historic town of Columbia, IL, is 8 miles north and serves as a connection point toward the St. Louis metropolitan region.
- Belleville, IL, a larger city 14 miles northeast, provides additional amenities and urban conveniences.
- St. Louis, MO is approximately 25 miles north and features the iconic Gateway Arch
Population and demographics
With a population of over 11,000 in 2023, Waterloo has a strong family-friendly atmosphere. Its serene vibe and great schools draw plenty of parents looking to raise their children in a community-oriented, nurturing environment. The city has a median age of 40, with a good mix of young professionals and older adults as well.
History
Waterloo’s history began in the late 18th century when French settlers, who admired the nearby spring located between Cahokia and Kaskasia, named the area Bellefontaine. In 1781, Captain James Moore led the first permanent group of American settlers to the area, making it the earliest American settlement in the Northwest Territory.
By 1816, Emery Peter Rogers arrived and opened the first permanent store, mill, and quarry in the northern part of the settlement, which became known as Peterstown. The two communities – Bellefontaine to the south and Peterstown to the north – were separated by a creek and grew into rival neighborhoods.
According to legend, an Irishman named Charles Carroll decided to settle the score by building his home on one side of the creek and his barn on the other. He famously declared, “It won’t be Bellefontaine, and it won’t be Peterstown… I’ll give ye’s both your Waterloo.”
The 1840s brought a wave of German immigrants, drawn by opportunities for land and prosperity. Their influence shaped the town’s culture, architecture, and growth. Waterloo became the Monroe County seat in 1825 and was officially chartered as a city in 1888. In 1978, its historic district was added to the National Register of Historic Places, preserving its rich heritage for future generations.
HOMES FOR SALE IN WATERLOO, IL
Waterloo boasts a robust real estate market characterized by steady growth and enduring appeal. Over the years, home values have consistently appreciated, reflecting the town’s desirability as a permanent residence.
- Available property types. Waterloo’s housing market is largely composed of single-family homes – older homes, modern properties, and new construction in varying sizes. A few apartments and townhomes are also in the mix. Historic homes are rarely on the market, but when they are, buyers have to act fast since these homes tend to get snatched up quickly. Browse homes for sale in Waterloo, IL
- Typical property features. Waterloo homes offer modern layouts with open-concept living spaces, 3 to 4 bedrooms, and 2 to 3 bathrooms. Kitchens often feature granite countertops, stainless steel appliances, and ample cabinetry, while hardwood or luxury vinyl plank flooring is common in main areas. Many properties include finished basements, attached 2- or 3-car garages, and spacious yards with decks or patios, providing plenty of room for families and entertaining. Browse homes for sale in Waterloo, IL
- Architectural styles. Waterloo’s homes reflect a mix of traditional and modern designs. Ranch-style homes and split-level layouts are common, alongside 2-story houses suited for larger families. Older properties feature Colonial and Farmhouse elements, including brick exteriors, pitched roofs, and inviting porches. Browse homes for sale in Waterloo, IL
Top 5 neighborhoods in Waterloo, IL
Waterloo’s appeal is evident in its quaint neighborhoods, where residents can find a wide range of property types, various amenities, reputable schools, and abundant natural beauty.
Here’s a look at some of the best communities in Waterloo to buy a house.
- Trout Camp/Deer Hill
Trout Camp/Deer Hill provides a peaceful, rural setting surrounded by nature and abundant wildlife. Its serene atmosphere and open spaces appeal to those who enjoy outdoor activities like hiking and birdwatching. Its quiet environment and family-friendly charm offer a sense of retreat from busier areas. Inquire about homes for sale in this Waterloo, IL neighborhood
- Creekside Estates
With its scenic creek, wooded surroundings, and tidy, walkable streets, Creekside Estates has all the hallmarks of a well-loved neighborhood. Homes here are spacious and polished, often surrounded by manicured lawns and shaded patios. Residents enjoy an easy rhythm of life amid natural beauty. Inquire about homes for sale in this Waterloo, IL neighborhood
- The Meadows
The Meadows is a neighborhood with all the characteristics that make Waterloo a great place to live: walkable streets, strong community spirit, and homes that strike a balance between classic and modern design. Craftsman-inspired architecture, brick and stone exteriors, and gabled rooftops give this locale a polished look. Inquire about homes for sale in this Waterloo, IL neighborhood
- Parkwood Square
Parkwood Square has a quiet charm that’s hard to miss. Mature trees arch over well-kept homes, lining streets that seem made for leisurely evening strolls. Inquire about homes for sale in this Waterloo, IL neighborhood
- Burksville Station
Burksville Station is a quiet community with lush, nature-dense surroundings. With a mix of families and 55+ residents, the community values its calm streets and close-knit feel, providing a peaceful setting to settle and enjoy the beauty of the area. Inquire about homes for sale in this Waterloo, IL neighborhood
LIVING IN WATERLOO, IL
Cost of living
Waterloo has a cost of living index that is 9% lower than the national average. Compared to the rest of Illinois, Waterloo boasts an even lower cost of living at 2.9%.
Expenses for groceries, transportation, and healthcare align closely with state averages, while utilities are slightly lower. Residents enjoy the benefits of a comfortable lifestyle without the financial pressures found in larger metropolitan areas.
Getting around Waterloo, IL
In Waterloo, getting from one point to another is simple and efficient. The majority of residents rely on personal vehicles for going around. Within the town, walking and biking are common, thanks to ongoing efforts to improve pedestrian and cycling infrastructure. Scenic routes like the Lakeview Drive Trail provide safe and enjoyable connections between neighborhoods, parks, and local amenities.
Education
Waterloo Community Unit School District No. 5 serves the educational needs of the growing city, offering a comprehensive curriculum across its schools.
The district includes :
- W.J. Zahnow Elementary School for early learners
- Rogers Elementary School
- Gardner Elementary School
- Waterloo Junior High School
- Waterloo High School.
These institutions are committed to academic excellence and student development.
In addition to public education, Waterloo offers private schooling options.
- Saints Peter & Paul Catholic School teaches pre-kindergarten to 8th grade students, emphasizing both academic and spiritual growth
- For secondary education, Gibault Catholic High School serves students in grades 9-12
Employment opportunities
Waterloo’s job market offers a solid mix of local job opportunities, with easy access to the broader St. Louis job market just 30 minutes away.
Within the community, employment is available in sectors such as education, healthcare, and retail, with positions at local schools, medical facilities, and businesses serving the area. The nearby Oak Hill senior living center and retail establishments like Walmart and Sunset Ford provide steady opportunities for healthcare professionals, retail associates, and skilled workers.
For those looking to broaden their horizons, Waterloo’s proximity to St. Louis opens the door to careers in finance, biotech, technology, and higher education.
Dining and shopping
Waterloo’s dining scene serves up everything from cozy comfort food to refined flavors.
- Gallagher’s Restaurant blends French and American influences for a memorable meal.
- Shorty’s Smokehouse is the go-to spot for barbecue lovers.
- Frederico’s delivers authentic Italian cuisine, including seafood, steaks, chicken, and pizza, all served with a hearty, local flair.
- Bean Tree Café is a local favorite for breakfast and lunch, offering pancakes, omelets, burgers, and fresh salads, with outdoor seating that’s perfect on a sunny day.
- Hopskeller Brewing Company is a must-try for craft beer enthusiasts. Located in a beautifully restored pre-Civil War home, it features brews like the Illinois Common Ale and Raspberry Ale, as well as a lineup of craft beers heavily inspired by Northern England and the Pacific Northwest.
On the shopping front, Waterloo balances convenience and quality.
- Walmart Plaza and Schnucks Plaza make everyday errands easy.
- Rural King meets farm, home, and outdoor needs.
- The Monroe County Farmer’s Market is a weekend favorite for fresh, local produce.
- The family-owned Schneider’s Quality Meats has long been trusted for its premium, locally sourced cuts.
Parks and recreation
- One of the most scenic spots in the city. Located along Lakeview Drive, Lakeview Park is one of the most scenic spots in the city. The park’s three lakes are perfect for fishing, kayaking, or sledding during winter months. A 2.25-mile paved loop trail winds its way through the landscape, ideal for walkers, joggers, and cyclists. At the heart of the park is the Veterans Memorial, a meaningful tribute to Monroe County’s veterans.
- Something for every member of the family. Lion’s Memorial Park, located in the Sunset Acres subdivision, has something for every member of the family. There’s a ball field, soccer field, and sand volleyball court for sports enthusiasts. Kids enjoy the modern playground equipment, while the covered pavilion provides a shaded spot for picnics or gatherings.
- A skate park and roller hockey rink. For a more energetic outing, Koenigsmark Park is the place to go. The skate park and roller hockey rink attract skaters and players of all ages, while the basketball court adds another option for those looking to shoot hoops. With a playground and a covered pavilion, families can settle in for the afternoon while kids explore the play areas.
- Fishing in the park. Just east of town, Konarcik Park offers wide-open spaces and plenty to do. The park includes a short walking trail, soccer fields, sand volleyball courts, and a ball field, as well as a playground for small children. Anglers can cast a line in the fishing lake – just don’t forget your fishing license.
- An 18-hole golf course. Mystic Oak Golf Course is a top choice. The 18-hole course features long fairways, gentle water hazards, and just enough challenge to keep things interesting. Beyond the course, the Golf Shop offers gear and essentials, while the large pavilion is perfect for tournaments, reunions, or special events.
Activities and events
Waterloo’s calendar is filled with community events that bring residents together year-round. The Monroe County Fair, held at the Waterloo Fairgrounds starting the last Sunday of July, offers a week of classic summer fun. Carnival rides, games, food stalls, and refreshing drinks set the scene, while pageants, demolition derbies, and arts and crafts displays add something for everyone to enjoy.
Waterloo also embraces seasonal festivities throughout the year. Families look forward to Pumpkinfest and Trunk or Treat during fall, offering kid-friendly activities and trick-or-treating fun. The holidays come alive with the Santa Float and the Christmas Walk , held during the week and weekend of Thanksgiving in historic downtown.
DISCOVER WATERLOO, IL REAL ESTATE TODAY
Waterloo is a beautiful place that we know and love – a town full of charm, community spirit, and opportunities to enjoy a great quality of life.
At The Wallner Home Selling Team, we’re here to help you discover the neighborhoods and homes that fit your vision and make this town feel like your own. As Waterloo, IL real estate agents, we bring years of experience and a commitment to excellence every step of the process.
Let’s explore the best houses for sale in Waterloo, IL together. Get in touch with The Wallner Home Selling Team at 314.810.7653 or leave a message here.