Cambridge City, IN—47327

As of Aug '25, the median home price in Cambridge City, IN is $179,000, with a year-over-year change of 8.3%. This indicates that home prices in Cambridge City, IN are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.

As of Aug '25 and according to Realtor.com, the median days on market for a home in Cambridge City, IN is 38. This is an decrease of -45.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 44.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Cambridge City, IN in that year was 92. 75.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 64.0%. Of those, 35.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Cambridge City, IN. Investor activity in Cambridge City, IN is low, as 3.0% of all loans are originated by investors. In 2023, 18.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.