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Preforeclosure Homes in Cambridge, IL

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Cambridge, IL Foreclosures

How much do homes sell for in Cambridge, IL?
The average home price is currently $212,967.
In Cambridge, IL, how many homes are available?
There are currently 6 active home listings available in Cambridge.
What’s the average rental cost in Cambridge, IL?
The average rental price in Cambridge is $1,128.
What is the most expensive home in Cambridge?
The most expensive home sold in Cambridge had a price of $2,156,800.
What is currently the cheapest priced home in Cambridge, IL?
The cheapest home for sale in Cambridge is priced at $10,042.

Living in Cambridge, IL

Cambridge, IL is a quaint small town that offers residents a peaceful and friendly community. With excellent local schools, parks, and a variety of amenities, it's an ideal location for families and those seeking a quiet lifestyle. The town hosts numerous local events and provides easy access to outdoor activities.

Current Market Conditions in Cambridge, IL

The real estate market in Cambridge is currently showing signs of stability with steady demand for homes. The average home prices have remained relatively flat over the past few months, making it an affordable option compared to larger nearby cities.

There are diverse housing options available, ranging from charming historic homes to new constructions. The appeal of small-town living is attracting first-time homebuyers and retirees, contributing to a balanced market.

Home Value Estimator For Cambridge, IL

There are currently 1,379 real estate properties in Cambridge, IL, with a median automated valuation model (AVM) price of $144,916.00. 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, IL, 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, IL, is $212,967.00, with the most expensive house in Cambridge, IL, topping out at $2,156,800.00 and the cheapest home in Cambridge, IL, clocking in at $10,042.00. In other words, there’s something for every potential homebuyer or savvy investor in Cambridge, IL!

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.

Cambridge, IL Preforeclosure Homes


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