Cambridge, MA Home Values & Market Trends

Real estate market trends reflect that there have been 946 transactions over the past year in Cambridge. The median value for residential home transactions that occurred over the previous year is $945,321.44. The number of current listings in Cambridge is 15, and the percentage of properties for sale in the city is 15.00%. Cambridge, MA currently has 6 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 15 properties for sale.

Cambridge, MA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
02138

$ 1,071,005

$ 930/sqft

02142

$ 907,103

$ 755/sqft

02139

$ 812,250

$ 842/sqft

02140

$ --

$ --

02141

$ 1,048,125

$ 853/sqft

Housing Market Summary for Cambridge, MA

Mar 2023February 2024Change
Median Listing Price$899K$914.9K1.77%
Median Sold Price$942.9K$914.9K-2.97%
Homes For Sale2311-52.17%
Homes Sold438353-19.41%
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Cambridge, MA

Cambridge home values range from $86,543 to $35,643,774. The median estimated value of a home in Cambridge is $945,321.44. The median list price of a home is 990,000, and the total count of properties in the city is 22,433.

Foreclosure
There are 5 zips within Cambridge, MA; within these zips, the median estimated home value for homes in foreclosure ranges from $874,750 in 02140 to the lowest value of $546,250 in 02140. Foreclosure homes account for 0.00% of properties in Cambridge, MA with 02140 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Cambridge, MA with 02140 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Cambridge, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,693,478 in 02139 to the lowest home value of $599,000 in 02138.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cambridge, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cambridge, MA. There are 5 zips within Cambridge, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    02140 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Cambridge, MA. Auction homes and other auction properties account for 0.00% of all properties in Cambridge, MA. There are 5 zips within Cambridge, MA; of those zips, the median estimated home value for homes going to auction ranges from $546,250 in 02140 to the lowest value of $546,250 in 02140.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in Cambridge, MA with 02138 containing 9 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Cambridge, MA; homes for sale in those zips, have a range of median values from $1,100,000 in 02141 to the lowest value of $576,250 in 02138.
    Sold Homes
    The median value for recently sold homes ranges from $3,801,252 in 02142 to the lowest price of $194,876 in 02142. There are 5 zips within Cambridge, MA. 02138 has 114 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.49% of properties in Cambridge, MA.

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      Guide for Cambridge, MA

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Cambridge, MA

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