Detached Homes for Sale in Waterloo
Under $500K
Fully freehold land + structure. Highest long-term appreciation, full renovation flexibility, and the strongest move-up buyer demand in the Ontario market. Median list price in Waterloo this band: $475K · 18 active · avg 26 days on market.
Median List Price
$475K
Active Listings
18
Avg Days on Market
26 days
YoY Change
-5.8%
6-Month Median Price Trend
Dec
$465K
Jan
$465K
Feb
$465K
Mar
$465K
Apr
$466K
May
$466K
What is the average detached price in Waterloo in 2026?
The benchmark price for a detached in Waterloo in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 18 active listings, moving in an average of 26 days on market. Prices are down 5.8% year-over-year.
Is Waterloo a buyer's or seller's market right now?
Waterloo is currently a balanced market for detacheds in this band. Inventory is turning over in 26 days with prices down 5.8% year-over-year. Neither side has decisive leverage right now.
Families helped in Waterloo
31+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Six months in Canada and they got us approved with 10% down. Could not believe how fast it moved.”
What $475K gets you in Waterloo.
Detacheds in Waterloo priced under $500k are tracking against a CREA MLS® HPI benchmark of $774K for the kitchener waterloo area. Within this band the median list comes in near $475K — down 5.8% year-over-year. Active inventory is moving in roughly 26 days.
Typical Size
1,800–3,500 sqft
Bedroom Range
3–5 bedrooms
Ownership Style
freehold
Sample comparables in this band.
$497K
$497K
$498K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these detached homes are clustered in Waterloo.
Keep exploring Waterloo.
Other price ranges
Other property types
Waterloo Detached FAQ
What is the median price for detached homes in Waterloo under $500k?
As of 2026-05-01, the median list price for detached homes in Waterloo priced under $500k sits at approximately $475K based on active MLS inventory.
How many detached homes are currently for sale in Waterloo in this price range?
There are roughly 18 active detached homes for sale in Waterloo priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do detached homes stay on the market in Waterloo?
Detached Homes in Waterloo priced under $500k are averaging 26 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Waterloo detached prices going up or down?
Year-over-year median detached prices in Waterloo (this band) are down 5.8%. Six-month trend data is available on this page.
What mortgage do I need to buy a detached at this price in Waterloo?
On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
See every active detached in Waterloo under $500k.
18 active listings · median $475K. A licensed Waterloo advisor sends the live list within 1 business hour.
Detached Homes in Waterloo Under $500K
Median $475K · 18 active
Get pre-approved for a $380K mortgage.
Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.