Cambridge, MA Housing

The housing in Cambridge, MA is significantly higher than the median value of homes across the US. The median value for homes in Cambridge is $914,400 while the median value across the US is $338,100. Despite having a much higher median home value, Cambridge still saw an increase in housing appreciation over the past year. The US saw an 8.27% increase in home values while Cambridge experienced a 5.64% increase. This demonstrates that even though housing costs can be high in Cambridge it is still a desirable place to live with its own appreciating market and ever increasing demand.

The median home cost in Cambridge is $914,400. Home appreciation the last 10 years has been 104.4%. Home Appreciation in Cambridge is up 10.6%.

Average Age of Homes

- The median age of Cambridge real estate is 77 years old

The Rental Market in Cambridge

- Renters make up 58.8% 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cambridge, Massachusetts	United States
	51,966.0	139,647,020.0
	75	42
	$914,400	$338,100
	10.6%	16.6%
	44.8%	57.0%
	104.4%	101.1%
	$11.44	$10.98
	$4,003	$2,690
	30.7%	57.4%
	8.1%	11.2%
	61.2%	31.4%
Vacant Housing
	2.4%	1.9%
	0.6%	0.4%
	0.1%	0.7%
	0.3%	0.4%
	1.4%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.0%	2.4%
	0.3%	2.8%
	0.1%	3.9%
	0.1%	4.5%
	0.9%	11.3%
	1.0%	13.0%
	2.1%	20.1%
	3.4%	13.6%
	3.8%	8.3%
	25.6%	9.7%
	22.4%	3.9%
	20.5%	2.2%
	7.4%	0.8%
	12.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.0%	13.6%
	8.0%	13.6%
	4.9%	13.6%
	6.7%	13.2%
	8.5%	14.8%
	4.9%	13.6%
	4.9%	10.0%
	3.2%	4.7%
	48.2%	12.2%

Reviews for Cambridge

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David · Cambridge, MA

Lots of changes

Over 10 years ago

Cambridge is a great place to live. It is rather expensive, but has great access to Boston, schools and hospitals. There is a lot of construction underway that can be More

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Herman · Cambridge, MA

Tap water quality ranking in USA

Over 13 years ago

Need info on test results on tap or drinking water quality, 02139 Green St area. More

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Jean · Marlborough, MA

Cambridge is Education Hub

Over 13 years ago

Home to both Harvard and MIT, Cambridge is the cornerstone of higher education. Residents are very intelligent and open to new ideas. More

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