Cresson, TX Foreclosures
How much do homes sell for in Cresson, TX?
The average home price is currently $429,878.
What’s the average rental cost in Cresson, TX?
The average rental price in Cresson is $1,538.
What is the most expensive home in Cresson?
The most expensive home sold in Cresson had a price of $2,451,000.
What is currently the cheapest priced home in Cresson, TX?
The cheapest home for sale in Cresson is priced at $27,413.
Living in Cresson, TX
Cresson, TX is a picturesque small town that embodies the essence of Texas living. Known for its strong sense of community, Cresson offers a blend of rural charm and suburban conveniences. With easy access to larger metropolitan areas, residents can enjoy a quiet lifestyle while still being close to urban amenities.
Current Market Conditions in Cresson, TX
The real estate market in Cresson has shown considerable activity over the past year, with a steady increase in home prices owing to its growing popularity as a residential choice. The community's appeal, coupled with its proximity to larger cities, has attracted new buyers, further energizing the market.
In recent months, the Cresson real estate market has experienced a shift toward more competitive bidding, with homes selling quickly and often at or above asking price. Inventory remains relatively low, leading to higher demand and increased prices for single-family homes.
Home Value Estimator For Cresson, TX
There are currently 855 real estate properties
in Cresson, TX,
with a median automated valuation model (AVM) price
of $332,000.00. 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, TX, 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, TX,
is $429,878.00, with the most expensive house
in Cresson, TX, topping out
at $2,451,000.00 and the cheapest home
in Cresson, TX,
clocking in at $27,413.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cresson, TX!
Rent Prices
In Cresson, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cresson, TX, is on
a rollercoaster ride. The
average rent price in Cresson, TX,
is $1,538.00. Indeed, when looking to rent in
Cresson, TX, you can expect to pay as little
as $590.00 or as much
as $3,020.00,
with the average rent median estimated to
be $1,470.00. The good news is that finding
an affordable and desirable property to rent in Cresson, TX
-- 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.
Learn more on Foreclosure homes
