Cambridge, MD—21613
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cambridge, MD
As of Oct '25, the median home price in Cambridge, MD is $260,000, with a year-over-year change of -0.4%. This indicates that home prices in Cambridge, MD are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $260,000 | -0.4% |
| Single Family | $255,000 | -0.8% |
| Condos | $322,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $214,000 | 0.5% |
3 Bed | $264,000 | 0.0% |
4 Bed | $345,000 | -1.4% |
| 5 Bed | $445,000 | -2.6% |
% of Housing Stock
Rental Trends — Cambridge, MD
As of July '25, Rentcast reports the average rent in Cambridge, MD is $1,920, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Cambridge, MD is 1-bedrooms: $1,170, 2-bedrooms: $1,670, 3-bedrooms: $2,050, 4-bedrooms: $2,440. The most common rental property sizes in Cambridge, MD are 2-bedroom and 1-bedroom, accounting for 47.6% and 20.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $1,920 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,170 |
| 2 Bed Rent | $1,660 | $1,670 |
| 3 Bed Rent | $2,000 | $2,050 |
| 4 Bed Rent | $2,600 | $2,440 |
% of Rental Stock
Property Listings — Cambridge, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Cambridge, MD is 72. This is a increase of 4.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | 8.0% |
Listing Count | 173 | 28.0% |
| Listings as % of Homes | 1.0% | 28.0% |
Days on Market | 72 | 4.0% |
Demographics — Cambridge, MD
As of the latest ACS Survey released in 2023, Cambridge, MD has a population of 18,200, which has increased by 6.2% over the past 5 years. Cambridge, MD is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,200 | 6.2% |
% Under 18 | 21.1% | 1.4% |
% Seniors | 22.4% | 5.7% |
% WFH | 7.7% | 133.3% |
% w/ College Degree | 21.3% | -7.4% |
As of the latest ACS Survey released in 2023, Cambridge, MD is a predominantly white area, with 51.9% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Cambridge, MD is black, making up 32.6% of the population. Foreign-born residents account for 3.7% of the population in Cambridge, MD, and this percentage has increased by 5.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 51.9% | -1.3% |
% Black | 32.6% | -11.2% |
% Hispanic | 6.2% | 3.3% |
% Asian | 1.8% | 28.6% |
% Foreign Born | 3.7% | 5.7% |
Mortgage and Risk — Cambridge, MD
According to HUD data as of 2023, there were 419 mortgage originations in Cambridge, MD, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Cambridge, MD. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 419 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 5.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Cambridge, MD
Cambridge, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 904 |
Total Units Section 8 | 904 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 84.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$300 | $1,200 | $900 |
| 2 Bedroom | -$540 | $1,660 | $1,120 |
| 3 Bedroom | -$430 | $2,000 | $1,570 |
| 4 Bedroom | -$720 | $2,600 | $1,880 |
Affordability — Cambridge, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $260,000 |
| Median Household Income | $53,200 |