Land Foreclosures in Cambridge, IL

Current Market Conditions in Cambridge, IL

The real estate market in Cambridge has shown signs of stability in recent months, with home prices maintaining a consistent level due to the village's appealing characteristics. Buyers are attracted to its family-friendly atmosphere, resulting in a mix of both first-time home buyers and retirees looking to settle down.

In terms of market trends, Cambridge has seen a steady demand for single-family homes, which can cater to a variety of buyer needs. The average home price remains reasonable compared to nearby urban centers, enhancing the appeal for those seeking affordability while enjoying the perks of small-town living.

Rent Prices In Cambridge, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cambridge, IL, is on a rollercoaster ride. The average rent price in Cambridge, IL, is $1,128.00. Indeed, when looking to rent in Cambridge, IL, you can expect to pay as little as $440.00 or as much as $2,060.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Cambridge, IL -- 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.