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Cresson, PA—16630

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$129,000
2.4% YoY Growth
Household Income
$65,000
37.5% YoY Growth
Days on Market
42
16.0% Longer YoY
Home Price Forecast
-5.2%
Median Rent
$1,000
10.8% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,000
10.8% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Cresson, PA

As of May '26, the median home price in Cresson, PA is $129,000, with a year-over-year change of 2.4%. This indicates that home prices in Cresson, PA are increasing. According to Zillow, the 1-year price projection is -5.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$129,0002.4%
Single Family $129,0004.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.2%
    1 Bedroom
    11.8%
    2 Bedrooms
    21.2%
    3 Bedrooms
    45.1%
    4 Bedrooms
    16.9%
    5+ Bedrooms
    4.8%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,000$1,080
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,000$1,080
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    41.6%
    2 Bedrooms
    28.2%
    3 Bedrooms
    26.7%
    4 Bedrooms
    1.1%
    5+ Bedrooms
    2.4%

    Property Listings — Cresson, PA

    As of May '26, Realtor.com reports that the median days on market for a home in Cresson, PA is 42. This is a increase of 16.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$195,0003.0%
    Listing Count
    		8-10.0%
    Listings as % of Homes0.2%-10.0%
    Days on Market
    		4216.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % Change
    Population
    		4,7700.5%
    % Under 18
    		16.1%-6.9%
    % Seniors
    		22.4%20.4%
    % WFH
    		5.1%112.5%
    % w/ College Degree
    		21.6%-6.5%
    Loading chart...

    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$730
    2 BedroomN/AN/A$910
    3 Bedroom$220$1,000$1,220
    4 BedroomN/AN/A$1,340

    Affordability — Cresson, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.1
    Median Home Price$129,000
    Median Household Income$65,000

    Cresson, PA — ZIP Code Boundary Map

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    Frequently Asked Questions