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Featured local agent — Cambridge, MA
Sarah Mitchell
Compass Real Estate · Cambridge, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cambridge, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.18Mmedian sale price
How is the Cambridge, MA housing market right now?
The median home sale price in Cambridge, MA is $1.18M, down 6.3% year-over-year. Homes sell in an average of 21 days with 198 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cambridge a buyer's or seller's market?
Cambridge, MA is currently a seller's market, based on 2.3 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
85
Last 12 weeks
Days on market
21
Average pace
Active listings
198
2.3 months supply
Sale-to-list
102.7%
Above asking
What does the Cambridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.18M |
| Median list price | $1.05M |
| Year-over-year price change | -6.3% |
| Average days on market | 21 days |
| Active inventory | 198 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 102.7% |
| Median price per sq ft | $959/sq ft |
| Homes sold (latest month) | 85 |
| New listings (latest month) | 136 |
| Listings with a price cut | 30.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Cambridge by property type?
How the Cambridge, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $2.30M | $861/sq ft | 9 | 13 days |
| Condo / Co-op | $945,000 | $963/sq ft | 57 | 23 days |
| Townhouse | $1.87M | $1,094/sq ft | 14 | 20 days |
Source: Redfin · Updated monthly
The Cambridge housing market is currently classified as a seller's market with a median sale price of $1.18M. Prices have fallen 6.3% compared to last year, with homes spending an average of 21 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.3x provides context for how home values compare to local earning capacity.
Homes for sale in Cambridge
There are currently 198 homes listed for sale in Cambridge, Massachusetts. The median listing price is $1.1M.
Active listings
198
Homes on market
Median list price
$1.1M
Avg. days on market
21
Days until sale
New this week
136
Newly listed
Who lives in Cambridge?
Population
117,794
Median income
$126,469/yr
Median age
30.5 years
Owner-occupied
33.7%
College grads
80.2%
Avg commute
26.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Cambridge?
Zillow home value
$1.04M
Zillow rent index
$3,598/mo
Price-to-rent ratio
24.2x
Price-to-income
8.3x
Source: Zillow Research
What is it like to live in Cambridge?
Cambridge is a community of approximately 118K residents with a median age of 30.5 years.The median household income is $126,469, which reflects a relatively affluent area with strong earning potential. 80.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 33.7%, showing a blend of owner and renter-occupied properties. The average commute time is 26.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cambridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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.
Which cities are near Cambridge, MA?
Want a head-to-head view? Compare Cambridge side-by-side with any other U.S. city using our market-comparison tool.
Is Cambridge a good real estate investment market?
For investors evaluating Cambridge, the price-to-rent ratio of 24.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cambridge's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cambridge's median home price.
Frequently asked questions
What is the average home price in Cambridge?
The median home sale price in Cambridge is $1.18M, down 6.3% from last year.
How long do homes stay on market in Cambridge?
Homes typically spend 21 days on market before going under contract.
What is the median income in Cambridge?
The median household income is $126,469 per year.
Is Cambridge a buyer's or seller's market?
With 2.3 months of supply, Cambridge is currently a seller's market.
What is the Zillow home value estimate for Cambridge?
The Zillow Home Value Index (ZHVI) for Cambridge is $1.04M, representing the typical home value in the area.
What is the median condo price in Cambridge?
The median condo/co-op sale price in Cambridge, MA is $945,000, compared to $2.30M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cambridge?
The median single-family home price in Cambridge, MA is $2.30M (about $861 per square foot).
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