The housing market in Cresson, TX is booming. The median value of a house in Cresson is $391,900, which is significantly higher than the national median value of $338,100. In the past year, Cresson has seen an impressive house appreciation rate of 15.47%, much higher than the US average of 8.27%. This trend indicates that Cresson is an attractive place for people to buy homes and settle down. With its high median house value and fast-growing appreciation rates, now is a great time to invest in housing in Cresson.
The median home cost in Cresson is $391,900. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Cresson is up 21.8%.
Average Age of Homes
- The median age of Cresson real estate is 25 years old
The Rental Market in Cresson
- Renters make up 13.8% of the Cresson population
- 1.1% of houses and apartments in Cresson, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.