The Cambridge housing market is somewhat competitive. The median sale price of a home in Cambridge was $323K last month, up 9.7% since last year. The median sale price per square foot in Cambridge is $111, down 29.7% since last year.
What is the housing market like in Cambridge today?
In October 2024, Cambridge home prices were up 9.7% compared to last year, selling for a median price of $323K.
$185K
Sale Price
-35.8% since last year
$111
Sale $/Sq. Ft.
-29.7% since last year
Under List Price
3.9%
Days on Market
37
Down Payment
—
Total Homes Sold
1
To compare other locations to the Cambridge and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cambridge add value to a home.
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How hot is the Cambridge housing market?
Cambridge is somewhat competitive. Homes sell in 37 days.
0
100
63
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 7 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cambridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cambridge.
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cambridge has a minor risk of flooding. 113 properties in Cambridge are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Cambridge. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cambridge has a moderate risk of wildfire. There are 778 properties in Cambridge that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Cambridge.
97% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Cambridge has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cambridge is most at risk from hurricanes. 761 properties in Cambridge have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 59 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 65 mph.