Cambridge, MA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Cambridge, MA is $940,000, down 23.1% year-over-year. Homes sell in an average of 50 days with 119 active listings. The market is currently a balanced market.
$940,000median sale price
Is Cambridge a buyer's or seller's market?
Cambridge, MA is currently a balanced market, based on 3.4 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
35
Last 12 weeks
Days on market
50
Average pace
Active listings
119
3.4 months supply
Sale-to-list
98.7%
Below asking
Cambridge, MA market data
| Metric | Value |
|---|---|
| Median sale price | $940,000 |
| Median list price | $992,500 |
| Year-over-year price change | -23.1% |
| Average days on market | 50 days |
| Active inventory | 119 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 98.7% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Cambridge housing market is currently classified as a balanced market with a median sale price of $940,000. Prices have fallen 23.1% compared to last year, with homes spending an average of 50 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Cambridge
There are currently 119 homes listed for sale in Cambridge, Massachusetts. The median listing price is $993K.
Active listings
119
Homes on market
Median list price
$993K
Avg. days on market
50
Days until sale
New this week
66
Newly listed
Top public schools in Cambridge
20 schools tracked · 8,439 students
The largest public schools serving Cambridge, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cambridge Rindge and Latin
Grades 9-12 · 1,979 students
Prospect Hill Academy Charter School
Grades PK-12 · 917 students
Amigos School
Grades PK-8 · 418 students
Graham and Parks
Grades PK-5 · 396 students
King Open
Grades PK-5 · 387 students
Maria L. Baldwin
Grades PK-5 · 352 students
Benjamin Banneker Charter Public School
Grades PK-6 · 346 students
Martin Luther King Jr.
Grades PK-5 · 328 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Cambridge?
The median home sale price in Cambridge is $940,000, down 23.1% from last year.
How long do homes stay on market in Cambridge?
Homes typically spend 50 days on market before going under contract.
Is Cambridge a buyer's or seller's market?
With 3.4 months of supply, Cambridge is currently a balanced market.
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