Living in Cresson, PA
Cresson, Pennsylvania is a small, welcoming community nestled in the heart of the Allegheny Mountains. It offers a serene living environment with beautiful natural landscapes, making it perfect for outdoor enthusiasts. Residents enjoy a tight-knit community vibe along with access to local amenities, schools, and recreational activities.
Current Market Conditions in Cresson, PA
The real estate market in Cresson, PA, is stable, with a mix of affordable homes and more upscale properties available. Recent trends show a steady demand for family homes, especially from those looking to escape urban areas for a quieter, suburban lifestyle. Investors are also taking notice of the growth potential as more people consider Cresson for primary residence or second homes.
Median home prices in Cresson have seen a modest increase over the past few months, leading to a competitive market for homebuyers. The appreciation rate is outpacing some areas of Cambria County, illustrating the growing popularity of this charming town.
Home Value Estimator For Cresson, PA
There are currently 1,552 real estate properties
in Cresson, PA,
with a median automated valuation model (AVM) price
of $81,309.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cresson, PA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cresson, PA,
is $106,913.00, with the most expensive house
in Cresson, PA, topping out
at $999,500.00 and the cheapest home
in Cresson, PA,
clocking in at $10,789.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cresson, PA!
Rent Prices
In Cresson, PA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cresson, PA, is on
a rollercoaster ride. The
average rent price in Cresson, PA,
is $911.00. Indeed, when looking to rent in
Cresson, PA, you can expect to pay as little
as $550.00 or as much
as $1,620.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Cresson, PA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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