Cambridge Real Estate Market Overview

Buying property in Cambridge, Massachusetts, is an exciting opportunity to live in one of New England’s most vibrant and dynamic cities. Known for its rich history, prestigious universities, and bustling cultural scene, Cambridge offers a unique blend of urban convenience, intellectual energy, and charming neighborhoods. Whether you’re a first-time homebuyer, a seasoned investor, or relocating for work or school, here’s what you need to know about purchasing property in this thriving city.

The real estate market in Cambridge is highly competitive and continues to see growth. With its proximity to Boston, Cambridge attracts professionals, students, and academics from around the world. Its walkability, excellent public transportation, and access to top-tier education and tech jobs make it a highly desirable place to live.

As of 2024, the median home price in Cambridge is approximately $1.3 million, reflecting the high demand for property in the area. The city’s diverse range of properties includes historic townhouses, modern condos, and single-family homes, but prices can vary significantly depending on the neighborhood.