Creston Home Prices & Values

$121,800 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 7.5% 1-year change
  • No data 1-year forecast

The median home value in Creston is $121,800. Creston home values have gone up 7.5% over the past year. The median price of homes currently listed in Creston is $145,900.

Foreclosures will be a factor impacting home values in the next several years. In Creston 6.0 homes are foreclosed (per 10,000). This is greater than the Cleveland Metro value of 5.1 and also greater than the national value of 4.3

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 Creston is 1.1%, which is lower than the national value of 6.9%. 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 Creston homeowners underwater on their mortgage is 14.8%, which is lower than Cleveland Metro at 20.8%.

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Relative ZHVI
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Creston Market Overview

Data through Aug 31, 2014
  • $121,800 ZHVI
  • No data 1-yr forecast
  • $145,900 Median listing price
  • No data Median sale price
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Creston Market Health

Data through Aug 31, 2014
  • 9.8/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 14.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

6 homes(Aug 31, 2012) Creston
5.1 homes Cleveland Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Medina $182,500 Burbank $140,700 Lodi $131,400
Sterling $129,700 Seville $125,400 Wooster $123,100
Smithville $121,000 Orrville $117,600 Rittman $95,500

Listings & Sales

Data through Aug 31, 2014
  • $91 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 42.1% Listings with price cut
27.3%
Sold below listing
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Creston Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,137 Creston
$1,147 Cleveland Metro
$1,328 United States
  • 1.5 Breakeven horizon What's This?  
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    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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