The housing in Cambridge, NE is quite affordable compared to the national median value of $338,100. The median value in Cambridge is currently $140,800 which is significantly lower than the US median. Furthermore, the 1 year appreciation rate for houses in Cambridge is 10.45%, which is higher than the 8.27% appreciation rate across the whole US. This suggests that investors are eager to buy into the Cambridge housing market and that it may be a good investment opportunity for those looking to buy property there.
The median home cost in Cambridge is $140,800. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Cambridge is up 15.2%.
Average Age of Homes
- The median age of Cambridge real estate is 69 years old
The Rental Market in Cambridge
- Renters make up 30.5% of the Cambridge population
- 2.4% 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.