The Cambridge Lakes housing market is somewhat competitive. The median sale price of a home in Cambridge Lakes was $297K last month, down 7.3% since last year. The median sale price per square foot in Cambridge Lakes is $156, up 11.4% since last year.
What is the housing market like in Cambridge Lakes today?
In October 2024, Cambridge Lakes home prices were down 7.3% compared to last year, selling for a median price of $297K. On average, homes in Cambridge Lakes sell after 45 days on the market compared to 48 days last year. There were 32 homes sold in October this year, down from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$296,500
-7.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Cambridge Lakes, IL
$296,500
-7.3%
United States
To compare other locations to the Cambridge Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Pingree Grove add value to a home.
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How hot is the Cambridge Lakes housing market?
Cambridge Lakes is somewhat competitive. Homes sell in 46 days.
0
100
67
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 6 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 46 days.
Hot homes
can sell for about 3% above list price and go pending in around 36 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.3%
+0.9 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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 Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cambridge Lakes.
Flood Factor - Minor
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cambridge Lakes has a minor risk of flooding. 363 properties in Cambridge Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Cambridge Lakes. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cambridge Lakes has a moderate risk of wildfire. There are 134 properties in Cambridge Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Cambridge Lakes.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cambridge Lakes has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cambridge Lakes is most at risk from hurricanes. 2,589 properties in Cambridge Lakes have some risk of being in a severe wind event within the next 30 years.
60% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Cambridge Lakes has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 60% of homes in Cambridge Lakes have a Moderate Heat Factor®.
Cambridge Lakes is expected to see a 100% increase in the number of days over 100ºF over the next 30 years. Cambridge Lakes is expected to experience 7