Cambridge, MA—02141
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 $910,000, with a year-over-year change of 3.0%. This indicates that home prices in Cambridge, MA are increasing. 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 | $910,000 | 3.0% |
| Single Family | $1,210,000 | -1.5% |
| Condos | $835,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $681,000 | 2.9% |
2 Bed | $953,000 | 3.5% |
3 Bed | $1,228,000 | 1.2% |
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 $3,840, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Cambridge, MA is studios: $2,990, 1-bedrooms: $3,420, 2-bedrooms: $4,080, 3-bedrooms: $4,500, 4-bedrooms: $4,960. The most common rental property sizes in Cambridge, MA are 2-bedroom and 1-bedroom, accounting for 35.6% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,630 | $3,840 |
| Studio Rent | $2,970 | $2,990 |
| 1 Bed Rent | $3,400 | $3,420 |
| 2 Bed Rent | $3,950 | $4,080 |
| 3 Bed Rent | $4,350 | $4,500 |
| 4 Bed Rent | $4,950 | $4,960 |
% 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 34. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $984,000 | -14.0% |
Listing Count | 42 | 14.0% |
| Listings as % of Homes | 0.3% | 14.0% |
Days on Market | 34 | -12.0% |
Demographics — Cambridge, MA
As of the latest ACS Survey released in 2023, Cambridge, MA has a population of 14,700, which has increased by 4.4% over the past 5 years. Cambridge, MA is a less popular place for families, as children make up 10.9% of the population. The area has a highly educated workforce, with 74.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,700 | 4.4% |
% Under 18 | 10.9% | -9.2% |
% Seniors | 8.6% | -26.5% |
% WFH | 31.2% | 609.1% |
% w/ College Degree | 74.5% | 10.2% |
As of the latest ACS Survey released in 2023, Cambridge, MA is a predominantly white area, with 54.2% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Cambridge, MA is asian, making up 21.2% of the population. Foreign-born residents account for 34.8% of the population in Cambridge, MA, and this percentage has increased by 8.1% 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 | 54.2% | -6.4% |
% Black | 9.1% | 19.7% |
% Hispanic | 10.7% | -29.1% |
% Asian | 21.2% | 28.5% |
% Foreign Born | 34.8% | 8.1% |
Mortgage and Risk — Cambridge, MA
According to HUD data as of 2023, there were 82 mortgage originations in Cambridge, MA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Cambridge, MA. Investor activity is low, as 7.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 82 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 7.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Cambridge, MA
As of 2024, the percent of homes in Cambridge, MA under the Section 8 program is 17.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Cambridge, MA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 983 |
Total Units Section 8 | 971 |
% Rentals under Section 8 | 17.8% |
% Occupied Section 8 | 91.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$350 | $3,400 | $3,050 |
| 2 Bedroom | -$330 | $3,950 | $3,620 |
| 3 Bedroom | $10 | $4,350 | $4,360 |
| 4 Bedroom | -$150 | $4,950 | $4,800 |
Affordability — Cambridge, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $910,000 |
| Median Household Income | $121,000 |