Home Values

Cresson Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Cresson is $469,900.

Foreclosures will be a factor impacting home values in the next several years. In Cresson 13.2 homes are foreclosed (per 10,000). This is greater than the Dallas-Fort Worth Metro value of 4.3 and also greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Cresson is 9.1%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Cresson homeowners underwater on their mortgage is 7.1%, which is lower than Dallas-Fort Worth Metro at 8.6%.

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Relative ZHVI
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Cresson Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $469,900 Median listing price
  • No data Median sale price
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Cresson Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 7.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 9.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

13.2 homes(Oct 31, 2014) Cresson
4.3 homes Dallas-Fort Worth Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Annetta $231,800
Hudson Oaks $220,800
Willow Park $188,000
Name Median ZHVI
Granbury $168,200
Aledo $163,500
Godley $140,900
Name Median ZHVI
Benbrook $131,900
Weatherford $124,200
White Settlement $69,100

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 22.2% Listings with price cut
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Cresson Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,556 Cresson
    $1,449 Dallas-Fort Worth Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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