Cambridge is much older than the rest of Massachusetts, with a median age of 30. It's somewhat affluent as well, with a median income of $62,466 per household. North Cambridge and Cambridgeport are its two most populated neighborhoods. Condos and townhouses account for 30% of the area's current housing market. Topping the list of best schools in the city is Graham and Parks.
Some of the more expensive homes in Massachusetts are in Cambridge with a median home value of $411,200 and an average list price for available homes currently at $973,039. The most expensive place to live is West Cambridge, where homes have a median house value of 768,756.
Out of all the listings in Cambridge, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.
A two-bedroom condo valued around $749,633 is considered a typical dwelling in Cambridge. If a buyer was looking for a similar home, they would need good credit and a $149,927 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $3,798 and the property tax rate is $11.70 per $1,000 of taxable assessed value.
Get started right now by checking out Cambridge homes for sale or reviewing Cambridge real estate trends.