Home Values

Cambridge Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$121,500

  • -7.1% 1-year change
  • None 1-year forecast

The median home value in Cambridge is $121,500. Cambridge home values have declined -7.1% over the past year. The median list price per square foot in Cambridge is None. The median rent price in Cambridge is $1,250, which is the same as the Cambridge Metro median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Cambridge 6.9 homes are foreclosed (per 10,000). This is greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Cambridge is 8.2%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Cambridge homeowners underwater on their mortgage is 30.9%.

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Relative ZHVI
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Cambridge Market Overview

Data through May 31, 2015
  • $121,500 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $149,900 Median sale price (Apr 30, 2015)
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Cambridge Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 30.9% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 8.2% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

6.9 homes Cambridge
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Oxford $584,900
Trappe $221,200
East New Market $160,100
Name Median ZHVI
Church Creek $139,300
Hurlock $116,900
Vienna $107,200

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $77 Median sale price / sq ft
  • No data Listings with price cut
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Cambridge Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,320 Cambridge
    $1,323 Cambridge Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,250 Rent list price
  • $0.82 Rent list price / sq ft
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