Cambridge, MA—02142
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cambridge, MA
As of Oct '25, the median home price in Cambridge, MA is $1,313,000, with a year-over-year change of 0.2%. This indicates that home prices in Cambridge, MA are flat. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,313,000 | 0.2% |
| Single Family | N/A | N/A |
| Condos | $1,322,000 | 0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $860,000 | 0.4% |
2 Bed | $1,535,000 | -0.5% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cambridge, MA
As of July '25, Rentcast reports the average rent in Cambridge, MA is $4,170, with a year-over-year rent change of -7.9%. Per bedroom, the median rent as of July '25 in Cambridge, MA is studios: $3,280, 1-bedrooms: $3,890, 2-bedrooms: $5,020, 3-bedrooms: $6,620, 4-bedrooms: $7,700. The most common rental property sizes in Cambridge, MA are 2-bedroom and 1-bedroom, accounting for 43.7% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $4,170 |
| Studio Rent | $3,260 | $3,280 |
| 1 Bed Rent | $3,910 | $3,890 |
| 2 Bed Rent | $5,010 | $5,020 |
| 3 Bed Rent | $7,180 | $6,620 |
| 4 Bed Rent | $7,700 | $7,700 |
% of Rental Stock
Property Listings — Cambridge, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cambridge, MA is 76. This is a increase of 53.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 75.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,900,000 | 91.0% |
Listing Count | 8 | -3.0% |
| Listings as % of Homes | 0.1% | -3.0% |
Days on Market | 76 | 53.0% |
Demographics — Cambridge, MA
As of the latest ACS Survey released in 2023, Cambridge, MA has a population of 4,350, which has increased by 32.0% over the past 5 years. Cambridge, MA is a less popular place for families, as children make up 6.2% of the population. The area has a highly educated workforce, with 91.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,350 | 32.0% |
% Under 18 | 6.2% | 24.0% |
% Seniors | 7.3% | -16.1% |
% WFH | 29.4% | 454.7% |
% w/ College Degree | 91.3% | -0.5% |
As of the latest ACS Survey released in 2023, Cambridge, MA is a predominantly white area, with 45.4% of the population identifying as white. The white population has shrunk by 10.5% in the last 5 years. The second most common race or ethnicity in Cambridge, MA is asian, making up 38.5% of the population. Foreign-born residents account for 41.5% of the population in Cambridge, MA, and this percentage has decreased by 6.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 45.4% | -10.5% |
% Black | 5.3% | -3.6% |
% Hispanic | 5.8% | -44.8% |
% Asian | 38.5% | 32.8% |
% Foreign Born | 41.5% | -6.5% |
Mortgage and Risk — Cambridge, MA
According to HUD data as of 2023, there were 23 mortgage originations in Cambridge, MA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Cambridge, MA. Investor activity is high, as 17.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 17.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Cambridge, MA
As of 2024, the percent of homes in Cambridge, MA under the Section 8 program is 5.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Cambridge, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 106 |
Total Units Section 8 | 106 |
% Rentals under Section 8 | 5.2% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$310 | $3,910 | $3,600 |
| 2 Bedroom | -$750 | $5,010 | $4,260 |
| 3 Bedroom | -$2,050 | $7,180 | $5,130 |
| 4 Bedroom | -$2,050 | $7,700 | $5,650 |
Affordability — Cambridge, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $1,313,000 |
| Median Household Income | $169,000 |