The housing market in Cambridge, MI is strong, with the median house value being $293,900. This is significantly lower than the US median house value of $338,100, making it an attractive option for potential homeowners. Moreover, over the past year, houses in Cambridge have appreciated by 9.09%, which is higher than the US 1 year appreciation rate of 8.27%. With strong home values and excellent appreciation rates, Cambridge is a smart choice for those looking to invest in a new home.
The median home cost in Cambridge is $293,900. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Cambridge is up 16.2%.
Average Age of Homes
- The median age of Cambridge real estate is 38 years old
The Rental Market in Cambridge
- Renters make up 11.1% 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.