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Sarah Mitchell

CNESRESABR

Compass Real Estate · Cambridge, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cambridge, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cambridge, MN Housing Market & Real Estate

Balanced market+5.2% YoY

Housing market overview · Updated monthly ·

$333,950median sale price

How is the Cambridge, MN housing market right now?

The median home sale price in Cambridge, MN is $333,950, up 5.2% year-over-year. Homes sell in an average of 54 days with 41 active listings. The market is currently a balanced 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?

Balanced market2.1 months of supply54 avg. days on market

Cambridge, MN is currently a balanced market, based on 2.1 months of supply and homes selling in about 54 days. How we determine this →

Homes sold

20

Last 12 weeks

Days on market

54

Average pace

Active listings

41

2.1 months supply

Sale-to-list

99.8%

Below asking

What does the Cambridge housing market data show?

Current housing market statistics for Cambridge, MN
MetricValue
Median sale price$333,950
Median list price$314,900
Year-over-year price change+5.2%
Average days on market54 days
Active inventory41 listings
Months of supply2.1 months
Sale-to-list price ratio99.8%
Median price per sq ft$199/sq ft
Homes sold (latest month)20
New listings (latest month)22
Listings with a price cut39.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Cambridge by property type?

How the Cambridge, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Cambridge, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$356,900$224/sq ft16131 days
Condo / Co-op$129,900$159/sq ft155 days
Townhouse$275,000$143/sq ft353 days

Source: Redfin · Updated monthly

The Cambridge housing market is currently classified as a balanced market with a median sale price of $333,950. Prices have risen 5.2% compared to last year, with homes spending an average of 54 days on market, indicating 2.1 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 4.9x provides context for how home values compare to local earning capacity.

Homes for sale in Cambridge

There are currently 41 homes listed for sale in Cambridge, Minnesota. The median listing price is $315K.

Active listings

41

Homes on market

Median list price

$315K

Avg. days on market

54

Days until sale

New this week

22

Newly listed

Price drops:39.0%of listings
Sale-to-list:99.8%

Who lives in Cambridge?

Population

9,992

Median income

$67,632/yr

Median age

36.8 years

Owner-occupied

67.0%

College grads

18.5%

Avg commute

28.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Cambridge?

Zillow home value

$332,869

Zillow rent index

$2,200/mo

Price-to-rent ratio

12.6x

Price-to-income

4.9x

Source: Zillow Research

What is it like to live in Cambridge?

Cambridge is a community of approximately 10K residents with a median age of 36.8 years.The median household income is $67,632, which represents a working-class community with solid middle-income opportunities. 18.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 67.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.4 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?

14 schools tracked · 3,508 students

The largest public schools serving Cambridge, MN 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-ISANTI HIGH SCHOOL

Grades 9-12 · 1,610 students

Public

CAMBRIDGE MIDDLE SCHOOL

Grades 6-8 · 589 students

Public

CAMBRIDGE INTERMEDIATE SCHOOL

Grades 3-5 · 522 students

Public

CAMBRIDGE PRIMARY SCHOOL

Grades PK-2 · 480 students

Public

Cambridge-Isanti OLL Secondary 6-12

Grades 6-12 · 90 students

Public

Cambridge Early Childhood SpecialEd

Grades PK · 69 students

Special ed

Riverside Academy

Grades 9-12 · 47 students

Alternative

Riverside Academy IS

Grades 9-12 · 42 students

Alternative

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, MN?

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 12.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 5.2% year-over-year, reflecting ongoing demand and value growth.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 $333,950, up 5.2% from last year.

How long do homes stay on market in Cambridge?

Homes typically spend 54 days on market before going under contract.

What is the median income in Cambridge?

The median household income is $67,632 per year.

Is Cambridge a buyer's or seller's market?

With 2.1 months of supply, Cambridge is currently a balanced market.

What is the Zillow home value estimate for Cambridge?

The Zillow Home Value Index (ZHVI) for Cambridge is $332,869, 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, MN is $129,900, compared to $356,900 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, MN is $356,900 (about $224 per square foot).

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