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Cheap Homes in Cambridge, IA

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Cambridge, IA Foreclosures

Current Market Conditions in in Cambridge, IA As of February 2026?
In the past month, the real estate market in Cambridge has become increasingly competitive, with a 5% increase in the average home price. This is partly due to an influx of buyers from nearby urban areas seeking more affordable living options while enjoying the charm of small-town life. Inventory remains limited, which may further accelerate price growth in the coming months.
How much do homes sell for in Cambridge, IA?
The average home price is currently $359,620.
In Cambridge, IA, how many homes are available?
There are currently 7 active home listings available in Cambridge.
What’s the average rental cost in Cambridge, IA?
The average rental price in Cambridge is $1,552.
What is the most expensive home in Cambridge?
The most expensive home sold in Cambridge had a price of $1,559,842.
What is currently the cheapest priced home in Cambridge, IA?
The cheapest home for sale in Cambridge is priced at $25,529.

Living in Cambridge, IA

Cambridge, IA, is a scenic small town with a rich sense of community. With easy access to outdoor activities and nearby urban conveniences, it provides a perfect blend of tranquil living and vibrant lifestyle options. Families and individuals both thrive here, enjoying a supportive atmosphere and local amenities.

Buyer vs Seller Market in Cambridge, IA

The real estate market in Cambridge has shown steady growth over the past few years, with an increase in demand for homes due to the town's appealing lifestyle and proximity to Ames. The average home prices have gone up slightly, indicating a healthy market with potential for appreciation.

The market is characterized by a mix of single-family homes and a few new developments, appealing to first-time buyers, young professionals, and families looking for affordable housing options.

Home Value Estimator For Cambridge, IA

There are currently 677 real estate properties in Cambridge, IA, with a median automated valuation model (AVM) price of $281,631.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cambridge, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cambridge, IA, is $359,620.00, with the most expensive house in Cambridge, IA, topping out at $1,559,842.00 and the cheapest home in Cambridge, IA, clocking in at $25,529.00. In other words, there’s something for every potential homebuyer or savvy investor in Cambridge, IA!

Rent Prices In Cambridge, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cambridge, IA, is on a rollercoaster ride. The average rent price in Cambridge, IA, is $1,552.00. Indeed, when looking to rent in Cambridge, IA, you can expect to pay as little as $860.00 or as much as $2,100.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Cambridge, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Cambridge, IA

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