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

$123,600

  • -2.8% 1-year change
  • None 1-year forecast

The median home value in Cambridge is $123,600. Cambridge home values have declined -2.8% over the past year. The median list price per square foot in Cambridge is $93, which is lower than the Cambridge Metro average of $102. The median price of homes currently listed in Cambridge is $189,000 while the median price of homes that sold is $218,000. The median rent price in Cambridge is $1,220, which is higher than the Cambridge Metro median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Cambridge 12.2 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

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 10.1%, which is higher than the national value of 6.3%. 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 29.2%.

Read more
Relative ZHVI
- +

Cambridge Market Overview

Data through Feb 28, 2015
  • $123,600 ZHVI
  • No data 1-yr forecast
  • $189,000 Median listing price
  • $218,000 Median sale price (Dec 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Cambridge Market Health

Data through Feb 28, 2015
  • 0.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 29.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 10.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

12.2 homes Cambridge
3.9 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

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 Feb 28, 2015
  • $93 Median list price / sq ft
  • $103 Median sale price / sq ft (Dec 31, 2014)
  • 11.8% Listings with price cut
37.5%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Cambridge Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,343 Cambridge
    $1,349 Cambridge Metro
    $1,355 United States

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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,220 Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading