Housing in Cambridge, ID is thriving with a median value of $318,900. This is lower than the US House Median Value of $338,100; however, housing values have appreciated over the past year at 4.74%, while the US has seen an appreciation rate of 8.27%. This shows that there is potential for growth in the Cambridge market, providing those looking for a home with an attractive and affordable option. It is clear that Cambridge offers many benefits to its residents and continues to be a great place to live and invest in real estate.
The median home cost in Cambridge is $318,900. Home appreciation the last 10 years has been 260.0%. Home Appreciation in Cambridge is up 15.6%.
Average Age of Homes
- The median age of Cambridge real estate is 54 years old
The Rental Market in Cambridge
- Renters make up 17.6% of the Cambridge population
- 2.6% of houses and apartments in Cambridge, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.