The housing market in Cresco, IA is thriving. The median value of a home in Cresco is $150,300, which is less than half of the national median house value of $338,100. Additionally, the one-year appreciation rate for houses in Cresco is 11.61%, which is higher than the national average of 8.27%. This indicates that house prices are increasing and demand for housing in Cresco is high. Consequently, potential homeowners should consider investing in Cresco's growing housing market before prices rise further.
The median home cost in Cresco is $150,300. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Cresco is up 15.1%.
Average Age of Homes
- The median age of Cresco real estate is 57 years old
The Rental Market in Cresco
- Renters make up 27.9% of the Cresco population
- 3.9% of houses and apartments in Cresco, 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.