There are currently 2,186 real estate properties in Cresco, IA, with a median automated valuation model (AVM) price of $146,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cresco, IA, 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 Cresco, IA, is $181,139.00, with the most expensive house in Cresco, IA, topping out at $2,578,100.00 and the cheapest home in Cresco, IA, clocking in at $19,180.00. In other words, there’s something for every potential homebuyer or savvy investor in Cresco, IA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cresco, IA, is on a rollercoaster ride. The average rent price in Cresco, IA, is $1,211.00. Indeed, when looking to rent in Cresco, IA, you can expect to pay as little as $720.00 or as much as $1,880.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Cresco, IA -- 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.
Cresco is located in Howard, Iowa, with an estimated municipal population of 3,739 residents. All of the best foreclosed homes for sale in Cresco are located in the following zip code areas on Foreclosure.com: 52136. The estimated population per square kilometer (.62 miles) in Cresco is 431.
So, about how much do homes cost in Cresco? The most recent median value of resident-owned homes in Cresco is 86,663. An estimated 72 percent of households in Cresco own their homes, with an average family size of 2.81. The median household income in Cresco is 50,000, with14.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cresco, the median commute time of resident workers (in minutes) is 16.7. And last, but certainly not least, are you looking for homes to rent in Cresco? If so, the average rent price paid by renters in Cresco is 637, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cresco, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Cresco is 39.9, split between 47.3 percent male versus 52.7 female. The percentage of residents who report being married in Cresco is 50.1, with an average family size of 2.81.
The percentage of residents who report their race in Cresco is as follows:
| White | 96% |
| Black / African American | 0.7% |
| Asian | 0.5% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.8% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Cresco? Or maybe you are searching for 55+ active adult communities in and/or near Cresco?
The percentage of residents who report their age in Cresco is as follows:
| Under 10 | 13.6% |
| Aged 10-19 | 11.6% |
| 20s | 11.9% |
| 30s | 13.1% |
| 40s | 11% |
| 50s | 11.9% |
| 60s | 13.9% |
| 70s | 4.6% |
| 80+ | 8.4% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cresco with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cresco.
How do you know that living in -- or moving to -- Cresco is right where you need to be? Perhaps you grew up in Cresco or already live nearby; therefore, the decision to buy a home in Cresco is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cresco for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cresco:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cresco.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cresco can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cresco, meanwhile, can field multiple offers from more qualified buyers.
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