Cambridge, NY—12816
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cambridge, NY
As of Oct '25, the median home price in Cambridge, NY is $254,000, with a year-over-year change of 1.3%. This indicates that home prices in Cambridge, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $254,000 | 1.3% |
| Single Family | $254,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $208,000 | 1.0% |
3 Bed | $259,000 | 1.2% |
4 Bed | $323,000 | 0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cambridge, NY
Cambridge, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,030 | $1,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,030 | $1,030 |
| 2 Bed Rent | $1,000 | $1,150 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cambridge, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Cambridge, NY is 67. This is a increase of 22.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $337,000 | 0.0% |
Listing Count | 15 | 5.0% |
| Listings as % of Homes | 0.5% | 5.0% |
Days on Market | 67 | 22.0% |
Demographics — Cambridge, NY
As of the latest ACS Survey released in 2023, Cambridge, NY has a population of 4,690, which has increased by 9.9% over the past 5 years. Cambridge, NY is a moderately popular place for families, as children make up 19.5% of the population. The area has a moderately educated workforce, with 32.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,690 | 9.9% |
% Under 18 | 19.5% | 6.0% |
% Seniors | 25.6% | 4.9% |
% WFH | 13.8% | 84.0% |
% w/ College Degree | 32.1% | 0.6% |
As of the latest ACS Survey released in 2023, Cambridge, NY is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Cambridge, NY is hispanic, making up 3.5% of the population. Foreign-born residents account for 2.7% of the population in Cambridge, NY, and this percentage has decreased by 6.9% 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 | 92.2% | -1.5% |
% Black | 1.6% | 0.0% |
% Hispanic | 3.5% | 40.0% |
% Asian | 1.3% | -18.8% |
% Foreign Born | 2.7% | -6.9% |
Mortgage and Risk — Cambridge, NY
According to HUD data as of 2023, there were 97 mortgage originations in Cambridge, NY, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Cambridge, NY. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 97 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Cambridge, NY
Cambridge, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 42 |
Total Units Section 8 | 42 |
% Rentals under Section 8 | 11.0% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,030 | $990 |
| 2 Bedroom | $240 | $1,000 | $1,240 |
| 3 Bedroom | N/A | N/A | $1,610 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Cambridge, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $254,000 |
| Median Household Income | $79,700 |