New - 14 minutes on Rocket
$10,000 Closing Credit¹
#73336969, Gary Vrotsos Team, Listing Office: Coldwell Banker Realty - Cambridge
Cambridge Housing Market Report January 2025•Middlesex County, Massachusetts
Housing Prices in Cambridge, MA
How much do homes in Cambridge, MA cost?
Housing Market Conditions
Is Cambridge, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cambridge is a Seller's Market
Difference Since January 2024
Since last year, Cambridge has remained a Seller's Market.
Insight
Cambridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,169,600$911/SqFt
+$127,516
+12.2%
Based on all homes sold in the last 12 months
Insight
Homes in Cambridge have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Cambridge was $1,169,600 in January 2025, up 12.2% from last year, and the median price per square foot was $911.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Cambridge | $1.0M | $1.1M | +12.2% |
| Somerville | $999.7K | $1.1M | +11.7% |
| Watertown Town | $795K | $879K | +10.6% |
| Watertown | $800K | $879K | +9.9% |
| Belmont | $1.2M | $1.3M | +9.5% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $650.5K | $678K | +4.2% |
| 22 Bedrooms | $900K | $938K | +4.2% |
| 33 Bedrooms | $1.4M | $1.3M | -2.7% |
| 44 Bedrooms | $2.0M | $2.1M | +6.0% |
| 55+ Bedrooms | $2.1M | $2.2M | +2.3% |
Summary: Cambridge housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +4.2%. The home price for 2 bedroom homes increased by +4.2%. The home price for 3 bedroom homes decreased by -2.7%. The home price for 4 bedroom homes increased by +6.0%. The home price for 5 bedroom homes increased by +2.3%.
Housing supply in Cambridge, MA
How many homes are available in Cambridge, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 133Last MonthJan 2025 | ||
| 1222 months agoDec 2024 | +9.0 % Change MoMDec – Jan |
Summary: The Cambridge real estate market had 133 homes for sale in Jan 2025, a 9.0 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 28Last MonthJan 2025 | ||
| 352 months agoDec 2024 | -20.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 13 | 11 | -15.4% |
| 22 Bedrooms | 43 | 45 | +4.7% |
| 33 Bedrooms | 25 | 32 | +28.0% |
| 44 Bedrooms | 20 | 23 | +15.0% |
| 55+ Bedrooms | 21 | 22 | +4.8% |
Summary: Cambridge housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -15.4%. The inventory for 2 bedroom homes increased by +4.7%. The inventory for 3 bedroom homes increased by +28.0%. The inventory for 4 bedroom homes increased by +15.0%. The inventory for 5 bedroom homes increased by +4.8%.
Asking Price vs. Sold Price
How much do homes in Cambridge, MA cost?
Over Asking Price13 Homes
At Asking Price3 Homes
Under Asking Price12 Homes
Insight
If you're buying a home in Cambridge, you could pay more than the asking price. 46.4% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Cambridge in January 2025, down by 20.0% month-over-month. Of the 28 sold homes, 43% were sold under asking, 11% were sold at asking, and and 46% were sold over asking.
Days on Market for Cambridge, MA
How long does it take to sell a home in Cambridge, MA?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days6 Homes
Over 90 Days9 Homes
Insight
Many homes in Cambridge are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 28 homes were sold in Cambridge; 46% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 57 DaysThis YearJan 2025 | ||
| 55 Days1 year agoJan 2024 | +4.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Cambridge had an average listing age of 57 days in Jan 2025, up by 4.8% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Cambridge, MA
What homes are available in Cambridge, MA?
New - 2 hours on Rocket
$9,441 Closing Credit¹
#73336917, Peter Boyajian, Listing Office: Real Estate 109
New - 20 hours on Rocket
$10,000 Closing Credit¹
#73336694, Max Dublin Team, Listing Office: Gibson Sotheby's International Realty
New - 22 hours on Rocket
$10,000 Closing Credit¹
#73336648, Gary Vrotsos Team, Listing Office: Coldwell Banker Realty - Cambridge
New - 23 hours on Rocket
$10,000 Closing Credit¹
#73336615, Anthony Coppola, Listing Office: Coldwell Banker Realty - Waltham
New - 23 hours on Rocket
$10,000 Closing Credit¹
#73336603, Merullo Peoples Team, Listing Office: Coldwell Banker Realty - Cambridge
New - 1 day on Rocket
$7,422 Closing Credit¹
#73336586, Matt Montgomery Group, Listing Office: Compass
New - 1 day on Rocket
$10,000 Closing Credit¹
#73336566, Currier, Lane & Young, Listing Office: Compass
New - 1 day on Rocket
$9,369 Closing Credit¹
#73336563, Liz Dehler, Listing Office: Donnelly + Co.
New - 1 day on Rocket
$10,000 Closing Credit¹
#73336525, MonaLisa Team, Listing Office: Compass
New - 1 day on Rocket
$10,000 Closing Credit¹
#73336506, Taylor Blacker, Listing Office: Luxury Residential Group, LLC
New - 1 day on Rocket
$10,000 Closing Credit¹
#73336318, Noemia Alves, Listing Office: RE/MAX Destiny
Popular Cities with Homes for Sale in Massachusetts
- Homes for sale in Boston, MA
- Homes for sale in Brockton, MA
- Homes for sale in Brookline, MA
- Homes for sale in Cambridge, MA
- Homes for sale in Chicopee, MA
- Homes for sale in Fall River, MA
- Homes for sale in Falmouth, MA
- Homes for sale in Fitchburg, MA
- Homes for sale in Framingham, MA
- Homes for sale in Haverhill, MA
- Homes for sale in Hingham, MA
- Homes for sale in Lowell, MA
- Homes for sale in Methuen, MA
- Homes for sale in New Bedford, MA
- Homes for sale in Newton, MA
- Homes for sale in Plymouth, MA
- Homes for sale in Quincy, MA
- Homes for sale in Shrewsbury, MA
- Homes for sale in Springfield, MA
- Homes for sale in Taunton, MA
- Homes for sale in Worcester, MA
MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 02/01/2023 - 02/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.