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Foreclosure Homes in Cambridge, ME

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38 Dexter-rd-Cambridge-ME-04923
Foreclosure
$104,510 List Price

Dexter Rd
Cambridge, ME 04923

Harmony-rd-Cambridge-ME-04923
Preforeclosure
$68,850 EMV

Harmony Rd
Cambridge, ME 04923

| 0 Sq. Ft.

Dexter-rd-Cambridge-ME-04923
Preforeclosure
$72,165 EMV

Dexter Rd
Cambridge, ME 04923

| 0 Sq. Ft.

Displaying 1 - 3 of 3
 

Foreclosure Homes in Cambridge, ME

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cambridge, ME area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cambridge, ME and much more. Save thousands at closing with home foreclosure listings in Cambridge, ME — up to 75% off market value!


Top Reasons To Live In Cambridge, ME In 2021

Cambridge is located in Somerset, Maine, with an estimated municipal population of 482 residents. All of the best foreclosed homes for sale in Cambridge are located in the following zip code areas on Foreclosure.com: 04923. The estimated population per square kilometer (.62 miles) in Cambridge is 9.


Cost Of Living In Cambridge, ME

So, about how much do homes cost in Cambridge? The most recent median value of resident-owned homes in Cambridge is 107,558. An estimated 96.5 percent of households in Cambridge own their homes, with an average family size of 2.97. The median household income in Cambridge is 37,143, with11.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cambridge, the median commute time of resident workers (in minutes) is 32.7.


Diversity And Demographics In Cambridge, Maine

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cambridge, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cambridge is 49.3, split between 45 percent male versus 55 female. The percentage of residents who report being married in Cambridge is 51.4, with an average family size of 2.97.

The percentage of residents who report their race in Cambridge is as follows:

White 93.4%
Black / African American 0.6%
Asian 1.7%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.4%
Other 0%

Looking for family-friendly neighborhoods in and/or near Cambridge? Or maybe you are searching for 55+ active adult communities in and/or near Cambridge?

The percentage of residents who report their age in Cambridge is as follows:

Under 10 9.6%
Aged 10-19 13.5%
20s 7%
30s 6.6%
40s 14.9%
50s 8.5%
60s 23.2%
70s 8.5%
80+ 8%

Best Schools In Cambridge, Maine

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cambridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cambridge.


Pros And Cons Of Living In Cambridge, Maine

How do you know that living in -- or moving to -- Cambridge is right where you need to be? Perhaps you grew up in Cambridge or already live nearby; therefore, the decision to buy a home in Cambridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cambridge for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cambridge:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cambridge.


Reasons To Move To Cambridge, Maine, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cambridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cambridge, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Cambridge, ME

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