Foreclosure Homes in Cambridge, MD 21613

Current Market Conditions in Cambridge, MD

The Cambridge real estate market is experiencing steady growth, largely fueled by buyers seeking a serene lifestyle away from urban hustle. The area has seen increased interest from both local and out-of-state buyers, particularly those looking for vacation homes along the waterfront.

Home prices in Cambridge have seen a moderate increase over the past few months, with a significant number of properties being sold as the demand continues to rise. The available inventory remains lower than ideal, leading to a competitive market where sellers are able to negotiate favorable deals.

Rent Prices In Cambridge, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cambridge, MD, is on a rollercoaster ride. The average rent price in Cambridge, MD, is $1,286.00. Indeed, when looking to rent in Cambridge, MD, you can expect to pay as little as $650.00 or as much as $3,220.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Cambridge, MD -- 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.