Cambridge, PA is an attractive housing market due to its median house value of $179,100, which is significantly lower than the US median house value of $338,100. Although the US has had a one-year house appreciation of 8.27%, Cambridge's one year house appreciation rate is 6.70%. This suggests that although Cambridge's housing market does not offer as high of a return as the US, it might be more stable and less volatile than other markets in the country. The lower cost of housing in Cambridge makes it an attractive choice for anyone looking to buy or invest in property.
The median home cost in Cambridge is $179,100. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Cambridge is up 13.4%.
Average Age of Homes
- The median age of Cambridge real estate is 46 years old
The Rental Market in Cambridge
- Renters make up 4.6% of the Cambridge population
- 1.8% 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.