Central Square, MA Housing Market

Homes for sale | City guide

The Central Square housing market is very competitive. Homes in Central Square receive 7 offers on average and sell in around 29.5 days. The median sale price of a home in Central Square was $1.51M last month, up 93.3% since last year. The median sale price per square foot in Central Square is $908, down 7.1% since last year.

Trends
Demand
Market Insights
Schools
Climate
Transportation

Central Square Housing Market Trends

What is the housing market like in Central Square today?

$1.51M

Sale Price

+93.3%
since last year

$908

Sale $/Sq. Ft.

-7.1%
since last year

Over List Price

0.5%

Days on Market

29.5

Down Payment

36.7%

Total Homes Sold

To compare other locations to the Central Square 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.

Work with the best agents in Central Square

Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.

How hot is the Central Square housing market?

Central Square is very competitive. Homes sell in 29.5 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 30 days.
Hot homes
can sell for about 4% above list price and go pending in around 16 days.

Compare With Nearby Neighborhoods

Charlestown

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 39 days.
Hot homes
can sell for about 1% above list price and go pending in around 14 days.

Back Bay

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 52 days.
Hot homes
can sell for around list price and go pending in around 22 days.

See more nearby cities and neighborhoods

Home offer insights for Central Square

Explore recent offers and recently sold homes in Central Square

Recent offers

Offer Not Accepted|
9 Weeks Ago
~$600K Offer
Sold for $600K
1 bd | 1 ba | ~500 sqft
Over List Price
0%
Days on Market
18
Competing Offers
3
Down Payment
~20%
Kyle MacNichol
Central Square Redfin Agent
we waived inspection and went over asking but were not able to compete with another offer that had better price and terms…
More
Offer Not Accepted|
7 Weeks Ago
~$375K Offer
Sold for $375K
1 bd | 1 ba | ~500 sqft
Over List Price
0%
Days on Market
5
Competing Offers
5
Down Payment
~20%
Bill Hartford
Central Square Redfin Agent
Offer Not Accepted|
10 Weeks Ago
~$450K Offer
Sold for $475K
— bd | 1 ba | ~500 sqft
Under List Price
11%
Days on Market
63
Competing Offers
—
Down Payment
~20%
Andrew Junas
Central Square Redfin Agent

View houses in Central Square that sold recently

Recently sold homes

BOUGHT WITH REDFIN FEB 28, 2025
3D WALKTHROUGH
$1,800,000 Last Sold Price
4 beds
2.5 baths
1,683 sq ft
1 Gardner Rd, Cambridge, MA 02139
Redfin Corp.
List Price
$1,695,000
Sale to List
6% over list
Days on Market
38 days
1 Gardner Rd, Cambridge, MA 02139
SOLD FEB 26, 2025
$280 Last Sold Price
—beds
—baths
—sq ft
872 Massachusetts Ave, Cambridge, MA 02139
List Price
$280
Sale to List
0% over list
Days on Market
36 days
872 Massachusetts Ave, Cambridge, MA 02139
SOLD FEB 26, 2025
$2,837,500 Last Sold Price
4 beds
3.5 baths
3,366 sq ft
423 Broadway, Cambridge, MA 02138
List Price
$2,975,000
Sale to List
5% under list
Days on Market
155 days
423 Broadway, Cambridge, MA 02138
SOLD FEB 20, 2025
$375,518 Last Sold Price
1 bed
1 bath
544 sq ft
422-424 Broadway #1, Cambridge, MA 02138
List Price
$375,518
Sale to List
0% over list
Days on Market
49 days
422-424 Broadway #1, Cambridge, MA 02138
SOLD FEB 14, 2025
$610,000 Last Sold Price
1 bed
1 bath
590 sq ft
3 Crawford St #5, Cambridge, MA 02139
List Price
$585,000
Sale to List
4% over list
Days on Market
50 days
3 Crawford St #5, Cambridge, MA 02139
SOLD FEB 14, 2025
3D WALKTHROUGH
$1,680,000 Last Sold Price
3 beds
3 baths
1,718 sq ft
34 Pearl St #2, Cambridge, MA 02139
List Price
$1,699,000
Sale to List
1% under list
Days on Market
157 days
34 Pearl St #2, Cambridge, MA 02139
SOLD FEB 14, 2025
$550,000 Last Sold Price
1 bed
1 bath
954 sq ft
79 Dana St #3, Cambridge, MA 02138
List Price
$579,900
Sale to List
5% under list
Days on Market
73 days
79 Dana St #3, Cambridge, MA 02138
SOLD FEB 10, 2025
$3,020,000 Last Sold Price
9 beds
3 baths
4,219 sq ft
28 Putnam Ave, Cambridge, MA 02141
List Price
$2,495,000
Sale to List
21% over list
Days on Market
138 days
28 Putnam Ave, Cambridge, MA 02141
See all recently sold homes in Central Square.
See listings

Schools in Central Square

Learn about schools in the Central Square area

Elementary
Middle
High

GreatSchools Rating

8/10 Cambridgeport Public • PreK-5	271 Students	4 reviews
8/10 Martin Luther King, Jr. School Public • PreK-5	299 Students	11 reviews
8/10 The Amigos School Public • PreK-8	420 Students	16 reviews
6/10 Fletcher/maynard Academy Public • PreK-5	276 Students	7 reviews

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 Central Square housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Central Square.

Flood Factor - Moderate

76% of properties are at risk of severe flooding over the next 30 years

Wind Factor - Major

99% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Major

98% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Central Square

Learn about the walkability, bikeability, and transit-friendliness of Central Square

93 / 100

Walker's Paradise

Walk Score®

68 / 100

Good Transit

Transit Score®

60 / 100

Bikeable

Bike Score®

More real estate resources for Central Square

New Listings in Central Square

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