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City-owned Homes And Land in Cambridge, MN 55008

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Cambridge, MN Foreclosures

How much do homes sell for in Cambridge, MN?
The average home price is currently $360,306.
In Cambridge, MN, how many homes are available?
There are currently 51 active home listings available in Cambridge.
What’s the average rental cost in Cambridge, MN?
The average rental price in Cambridge is $1,661.
What is the most expensive home in Cambridge?
The most expensive home sold in Cambridge had a price of $4,384,126.
What is currently the cheapest priced home in Cambridge, MN?
The cheapest home for sale in Cambridge is priced at $28,297.

Living in Cambridge, MN

Cambridge, MN is a quaint city known for its friendly atmosphere and community spirit. It's an ideal location for families and individuals looking for a peaceful environment with access to outdoor activities. With its charming downtown, excellent schools, and proximity to the Twin Cities, Cambridge offers a balanced lifestyle.

Current Market Conditions in Cambridge, MN

The real estate market in Cambridge is currently experiencing a steady growth, with increasing demand for family homes and a limited inventory of available properties. The competitive nature of the market is drawing buyers from the nearby metro areas, which has led to rising home values in the past few months.

More buyers are showing interest in properties in Cambridge, driven by the desire for more space and a quieter lifestyle that the suburbs offer compared to urban living. As a result, sellers have found favorable conditions for listing their homes.

Home Value Estimator For Cambridge, MN

There are currently 5,184 real estate properties in Cambridge, MN, with a median automated valuation model (AVM) price of $327,286.00. 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, MN, 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, MN, is $360,306.00, with the most expensive house in Cambridge, MN, topping out at $4,384,126.00 and the cheapest home in Cambridge, MN, clocking in at $28,297.00. In other words, there’s something for every potential homebuyer or savvy investor in Cambridge, MN!

Rent Prices In Cambridge, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cambridge, MN, is on a rollercoaster ride. The average rent price in Cambridge, MN, is $1,661.00. Indeed, when looking to rent in Cambridge, MN, you can expect to pay as little as $780.00 or as much as $3,760.00, with the average rent median estimated to be $1,640.00. The good news is that finding an affordable and desirable property to rent in Cambridge, MN -- 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, MN 55008 City-owned Homes And Land


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