Zip 02141 (Cambridge, MA) Housing

The housing market in 02141 Cambridge, MA is doing well but lags behind the rest of the nation overall. The median value of housing in this area is quite high at $808,100 compared to the US median of $338,100. While the US experienced a 1 year house appreciation rate of 8.27%, Cambridge's rate was slightly lower at 5.64%. Despite this, it seems that Cambridge is still performing better than much of the rest of the country and has seen strong growth in its housing values over the past year.

The median home cost in Cambridge (zip 02141) is $808,100. Home appreciation the last 10 years has been 104.4%. Home Appreciation in Cambridge (zip 02141) is up 10.6%.

Average Age of Homes

- The median age of Cambridge (zip 02141) real estate is 66 years old

The Rental Market in Cambridge (zip 02141)

- Renters make up 62.4% of the Cambridge (zip 02141) population
- 3.9% of houses and apartments in Cambridge (zip 02141), 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
	7,587.0	139,647,020.0
	50	42
	$808,100	$338,100
	10.6%	16.6%
	44.8%	57.0%
	104.4%	101.1%
	$11.44	$10.98
	$2,995	$2,690
	26.5%	57.4%
	10.0%	11.2%
	63.5%	31.4%
Vacant Housing
	3.9%	1.9%
	0.4%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	2.4%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	0.2%	4.5%
	1.1%	11.3%
	1.9%	13.0%
	2.0%	20.1%
	3.9%	13.6%
	5.8%	8.3%
	35.8%	9.7%
	25.7%	3.9%
	16.7%	2.2%
	1.7%	0.8%
	4.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.1%	13.6%
	12.1%	13.6%
	9.3%	13.6%
	8.0%	13.2%
	6.6%	14.8%
	9.3%	13.6%
	3.0%	10.0%
	2.5%	4.7%
	40.3%	12.2%

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