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Fixer Upper Homes in Cambridge, MD

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Living in Cambridge, MD

Cambridge, MD, is a historic city on the Eastern Shore that offers a charming waterfront lifestyle with vibrant local amenities. Known for its beautiful parks and access to outdoor activities, Cambridge attracts residents who enjoy community spirit and scenic views. The city is conveniently located near major highways for easy commuting.

Current Market Conditions in Cambridge, MD

The Cambridge real estate market has shown signs of stability with a steady increase in property values over the last year. Despite modest growth, buyer demand remains resilient due to the area's scenic beauty and community-driven feel. With a mix of new constructions and historic homes available, there are options to suit various preferences and budgets.

Currently, there is a slight increase in housing supply which has provided some relief to potential buyers, allowing more options to choose from. However, the overall demand continues to keep prices competitive, particularly for homes that are well-maintained and located in prime areas.

Home Value Estimator For Cambridge, MD

There are currently 8,644 real estate properties in Cambridge, MD, with a median automated valuation model (AVM) price of $246,862.00. 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, MD, 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, MD, is $326,075.00, with the most expensive house in Cambridge, MD, topping out at $15,860,288.00 and the cheapest home in Cambridge, MD, clocking in at $10,765.00. In other words, there’s something for every potential homebuyer or savvy investor in Cambridge, MD!

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.

Cambridge, MD Fixer Upper Homes


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