In Cambridge, ME the housing median value is significantly lower than the US House Median Value of $338,100. However, in the past year the appreciation rate for houses in Cambridge, ME has been more than double that of the US House Appreciation rate at 16.46% compared to 8.27%. This high appreciation rate makes Cambridge an attractive place to invest in real estate and provides a great opportunity for potential homeowners to get a great deal on a home.
The median home cost in Cambridge is $212,800. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Cambridge is up 20.6%.
Average Age of Homes
- The median age of Cambridge real estate is 39 years old
The Rental Market in Cambridge
- Renters make up 12.3% of the Cambridge population
- 0.0% 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.