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Creston

Learn about the people, housing, costs and businesses in Creston, Illinois

Median Home$162,800
Median Rent$946/month
Population647
Leading IndustryWholesale Trade11% of local workforce
Home Value Growth⬆⬆+19.6% over 2 years
Young Adults35% of residentswell above average
Renters51% of occupied units
NotableAmenity Score81/100 · highly walkable area
NotableVeteran Community12% of residents · top 6% nationally
Creston
IL

Frequently Asked Questions

What are today's mortgage rates in Creston?

As of today, the 30-year fixed mortgage rate for Creston is approximately 6.994% (7.003% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Creston?

The median home value in Creston is $163k. The median monthly rent is $946. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Creston?

Home values in Creston have increased 19.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Creston?

Based on a typical all-in ownership cost of $954/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Creston is $65k/year.

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What industries drive the economy in Creston?

The largest employment sectors in Creston are public administration (22%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.