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Creswell

Learn about the people, housing, costs and businesses in Creswell, Oregon

Median Home$512,359
Median Rent$1,106/month
Population5,432
Leading IndustriesInformation & Media · Finance & Insurance · Construction10% information & media
Home Value Growth+6.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners80% of occupied units
NotableTransit85/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Creswell
OR

Frequently Asked Questions

What are today's mortgage rates in Creswell?

As of today, the 30-year fixed mortgage rate for Creswell is approximately 6.857% (6.892% 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 Creswell?

The median home value in Creswell is $512k. The median monthly rent is $1,106. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Creswell?

Home values in Creswell have increased 6.2% over the past two years. This represents moderate growth. 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 Creswell?

Based on a typical all-in ownership cost of $1,496/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Creswell is $90k/year.

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What industries drive the economy in Creswell?

The largest employment sectors in Creswell are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.