Cresson, PA—16630
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cresson, PA
As of Oct '25, the median home price in Cresson, PA is $149,000, with a year-over-year change of -11.0%. This indicates that home prices in Cresson, PA are decreasing. According to Zillow, the 1-year price projection is -3.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $149,000 | -11.0% |
| Single Family | $149,000 | -13.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cresson, PA
As of July '25, Rentcast reports the average rent in Cresson, PA is $1,080, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in Cresson, PA is 3-bedrooms: $1,080. The most common rental property sizes in Cresson, PA are 1-bedroom and 2-bedroom, accounting for 41.6% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,000 | $1,080 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cresson, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cresson, PA is 75. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $183,000 | 3.0% |
Listing Count | 15 | 22.0% |
| Listings as % of Homes | 0.2% | 22.0% |
Days on Market | 75 | 19.0% |
Demographics — Cresson, PA
As of the latest ACS Survey released in 2023, Cresson, PA has a population of 4,770, which has remained stable by 0.5% over the past 5 years. Cresson, PA is a moderately popular place for families, as children make up 16.1% of the population. The area has a poorly educated workforce, with 21.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,770 | 0.5% |
% Under 18 | 16.1% | -6.9% |
% Seniors | 22.4% | 20.4% |
% WFH | 5.1% | 112.5% |
% w/ College Degree | 21.6% | -6.5% |
As of the latest ACS Survey released in 2023, Cresson, PA is a predominantly white area, with 94.2% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Cresson, PA is black, making up 1.5% of the population. Foreign-born residents account for 1.7% of the population in Cresson, PA, and this percentage has increased by 21.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.2% | 0.1% |
% Black | 1.5% | 50.0% |
% Hispanic | 0.9% | 28.6% |
% Asian | 0.3% | -84.2% |
% Foreign Born | 1.7% | 21.4% |
Mortgage and Risk — Cresson, PA
According to HUD data as of 2023, there were 84 mortgage originations in Cresson, PA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Cresson, PA. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 84 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Cresson, PA
Cresson, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 86 |
Total Units Section 8 | 86 |
% Rentals under Section 8 | 16.3% |
% Occupied Section 8 | 94.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | $220 | $1,000 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Cresson, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $149,000 |
| Median Household Income | $65,000 |