Cresco, PA 18326 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cresco, PA—18326

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$305,000

2.3% YoY Growth

Household Income

$76,800

59.8% YoY Growth

Days on Market

48.0% Longer YoY

Home Price Forecast

1.2%

Median Rent

$1,300

18.5% YoY Growth

1-Bed Rent

$900

7.9% YoY Growth

2-Bed Rent

$1,300

1.3% YoY Growth

3-Bed Rent

$1,550

5.4% YoY Growth

Home Price Trends — Cresco, PA

As of May '26, the median home price in Cresco, PA is $305,000, with a year-over-year change of 2.3%. This indicates that home prices in Cresco, PA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$305,000	2.3%
Single Family	$305,000	2.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Cresco, PA

As of July '25, Rentcast reports the average rent in Cresco, PA is $1,500, with a year-over-year rent change of -18.5%. Per bedroom, the median rent as of July '25 in Cresco, PA is studios: $822, 1-bedrooms: $995, 2-bedrooms: $1,520, 3-bedrooms: $1,750, 4-bedrooms: $2,770. The most common rental property sizes in Cresco, PA are 1-bedroom and 3-bedroom, accounting for 36.5% and 35.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,300	$1,500
Studio Rent	$795	$822
1 Bed Rent	$900	$995
2 Bed Rent	$1,300	$1,520
3 Bed Rent	$1,550	$1,750
4 Bed Rent	$2,800	$2,770

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% of Rental Stock

1 Bedroom

36.5%

2 Bedrooms

21.2%

3 Bedrooms

35.1%

4 Bedrooms

7.2%

Property Listings — Cresco, PA

As of May '26, Realtor.com reports that the median days on market for a home in Cresco, PA is 52. This is a increase of 48.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$398,000	-1.0%
Listing Count	28	30.0%
Listings as % of Homes	1.3%	30.0%
Days on Market	52	48.0%

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Demographics — Cresco, PA

As of the latest ACS Survey released in 2023, Cresco, PA has a population of 3,570, which has decreased by -15.7% over the past 5 years. Cresco, PA is a moderately popular place for families, as children make up 17.8% 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 2.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,570	-15.7%
% Under 18	17.8%	-16.0%
% Seniors	18.0%	30.4%
% WFH	2.6%	-59.4%
% w/ College Degree	21.6%	-11.5%

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As of the latest ACS Survey released in 2023, Cresco, PA is a predominantly white area, with 67.9% of the population identifying as white. The white population has shrunk by 11.5% in the last 5 years. The second most common race or ethnicity in Cresco, PA is hispanic, making up 12.2% of the population. Foreign-born residents account for 5.8% of the population in Cresco, PA, and this percentage has decreased by 20.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	67.9%	-11.5%
% Black	11.5%	-14.2%
% Hispanic	12.2%	76.8%
% Asian	2.0%	233.3%
% Foreign Born	5.8%	-20.5%

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Mortgage and Risk — Cresco, PA

According to HUD data as of 2023, there were 59 mortgage originations in Cresco, PA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Cresco, PA. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	59
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	0.0%
% Second Loans	2.0%
% Cash Out Refinance	17.0%

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Rentals and Section 8 — Cresco, PA

As of 2024, the percent of homes in Cresco, PA under the Section 8 program is 5.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Cresco, PA, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	11
Total Units Section 8	11
% Rentals under Section 8	5.3%
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$230	$900	$1,130
2 Bedroom	$190	$1,300	$1,490
3 Bedroom	$350	$1,550	$1,900
4 Bedroom	-$360	$2,800	$2,440

Cresco, PA—18326

Key Metrics at a Glance

Home Price Trends — Cresco, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cresco, PA

% of Rental Stock

Property Listings — Cresco, PA

Demographics — Cresco, PA

Race and Ethnicity

Mortgage and Risk — Cresco, PA

Mortgages

Rentals and Section 8 — Cresco, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Cresco, PA

Home Price to Income Ratio

Cresco, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Buck Hill Falls

Henryville, PA

Pocono Playhouse

Canadensis, PA

Mount Pocono, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$305,000
Median Household Income	$76,800

Cresco, PA—18326

Key Metrics at a Glance

Home Price Trends — Cresco, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cresco, PA

% of Rental Stock

Property Listings — Cresco, PA

Demographics — Cresco, PA

Race and Ethnicity

Mortgage and Risk — Cresco, PA

Mortgages

Rentals and Section 8 — Cresco, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Cresco, PA

Home Price to Income Ratio

Cresco, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Buck Hill Falls

Henryville, PA

Pocono Playhouse

Canadensis, PA

Mount Pocono, PA

Frequently Asked Questions

What is the average home price in Cresco, PA 18326?

How have home prices in Cresco, PA 18326 changed over the past year?

What is the home price projection for Cresco, PA 18326?

What are the demographics of Cresco, PA 18326?

How long does it take homes to sell in Cresco, PA 18326?

What is the average rent price in Cresco, PA 18326?