Cresco Home Sells for $325,000, Reflecting Steady Lehigh Valley Market Growth
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Cresco Home Sold for $325,000: A Snapshot of Lehigh Valley’s Current Housing Market
A single‑family residence in the quiet Cresco neighborhood of the Lehigh Valley recently closed at $325,000, according to a report by Lehigh Valley Live. While the figure may seem modest compared to the county’s higher‑profile pockets, the transaction underscores a broader trend of steady, yet selective, appreciation in the region’s housing market. Below, we break down the sale, examine the property’s key attributes, and place the transaction in the context of recent market activity in both Cresco and the greater Lehigh Valley.
The Property at a Glance
- Price: $325,000 (closing price)
- Price per square foot: Approximately $170 (based on a 1,910‑sq‑ft footprint)
- Bedrooms / Bathrooms: 4 bedrooms, 3 bathrooms
- Lot Size: Roughly 5,500 square feet of usable land, with a fenced backyard that offers privacy and space for outdoor recreation
- Construction Year: Built in 2003, the home blends modern finishes with the classic “ranch‑style” architecture that many Cresco families favor
- Features: Updated kitchen with granite countertops and stainless‑steel appliances; open‑concept living area; a dedicated office space; a screened‑in porch overlooking the yard; and a 2‑car attached garage
The home sits on a quiet street in Cresco, a township that prides itself on a strong sense of community, well‑maintained parks, and a school system that consistently ranks above the state average. For prospective buyers, the location offers a convenient balance between suburban tranquility and accessibility to major highways, including I‑78 and the Lehigh Valley Thruway, which connect directly to Allentown, Bethlehem, and the Philadelphia metropolitan area.
How the Sale Stacks Up
When Lehigh Valley Live compared this sale to other recent transactions in the area, they highlighted a few key points:
Comparable Prices: In the past six months, the median sale price for 4‑bedroom homes in Cresco hovered around $312,000. The $325,000 sale sits slightly above that median, suggesting the home may have benefitted from recent updates or an especially desirable yard.
Speed of Sale: The property entered the market on November 1st and closed on December 15th, a 44‑day journey. This turnaround time is in line with the current average for Cresco homes (about 45 days), which indicates the market remains relatively liquid.
Price Per Square Foot: The $170/sq‑ft figure is in the upper tier for Cresco, where the average ranges from $140 to $160. This premium may reflect the home’s modern finishes and well‑maintained landscaping.
Seller’s Motivation: According to the listing agent, the sellers were motivated by a relocation to another part of the state and were looking for a quick but fair transaction. This urgency often helps sellers secure a price near market value.
Market Context: Lehigh Valley’s Real Estate Pulse
The sale is part of a broader pattern of moderate price appreciation that has been observed across the Lehigh Valley. Recent articles on Lehigh Valley Live—including a feature on the “Rising Demand for Suburban Homes” and a detailed analysis of “Cresco’s School‑District Appeal”—provide useful context for this transaction.
Rising Demand for Suburban Homes: The pandemic accelerated a shift toward larger, more affordable homes in suburban communities. Cresco, with its lower price points compared to neighboring Allentown, has been a top choice for families seeking spacious homes without breaking the bank.
School‑District Appeal: Cresco Elementary and the surrounding schools are frequently cited as reasons families move into the area. Lehigh Valley Live’s “School‑District Spotlight” article links to the district’s performance data, showing an average state‑wide score of 70% in reading and 68% in math—solid metrics that help drive demand.
Comparative Sales Data: A linked “Recent Sales in the Lehigh Valley” spreadsheet (available on the website) provides a downloadable table of the last 20 single‑family home sales in the region. According to that dataset, the median sale price for homes similar to the Cresco property (4 beds, 3 baths, built after 2000) was $318,000, giving the $325,000 sale a slight above‑median advantage.
Economic Indicators: The Lehigh Valley Live “Economic Outlook” section notes a steady rise in local employment, especially in the healthcare and manufacturing sectors. As the local economy improves, so does the purchasing power of residents, feeding into modest price gains.
What Buyers and Sellers Can Take Away
For buyers, the $325,000 sale demonstrates that the market remains accessible if you’re looking for a modern 4‑bedroom home in a family‑friendly neighborhood. The speed of the transaction suggests that motivated sellers are still present in the market and that price competitiveness remains key.
For sellers, the transaction illustrates that a home with recent upgrades—especially a renovated kitchen or a well‑finished basement—can command a premium in a market where buyers are willing to pay for convenience and style. Additionally, positioning a home for quick sale often requires setting an attractive price point and ensuring the property is in move‑in ready condition.
Looking Ahead
The Cresco sale is one of many that will help paint a clear picture of the Lehigh Valley’s real estate trajectory in 2025. While local market analysts predict modest price growth (around 3–4% annually) in the next year, the current trend indicates a balanced market where supply keeps pace with demand. The Lehigh Valley Live “Housing Forecast” article—linked in the “See Also” section of the Cresco article—suggests that buyers who remain flexible and remain informed about neighborhood developments will continue to find favorable deals.
Takeaway
The $325,000 sale of a single‑family home in Cresco is a microcosm of the Lehigh Valley’s real estate scene: steady growth, responsive markets, and neighborhoods that prioritize community and quality of life. Whether you’re a home buyer, a seller, or simply an observer of the region’s economic pulse, this transaction underscores the importance of staying informed through reliable sources like Lehigh Valley Live—where detailed market data, neighborhood profiles, and industry insights are always at your fingertips.
Read the Full Lehigh Valley Live Article at:
[ https://www.lehighvalleylive.com/realestate-news/single-sales/2025/12/cresco-single-family-home-goes-for-325000.html ]