$5,094 Closing Credit*
$429,000
3,280 SqFt
5 Beds
•3 Full Baths, 1 Partial
Stacey M Longenette, Listing Office: The Holden Agency
Is Cambridge, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cambridge has remained a Seller's Market.
Key Takeaway
Cambridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cambridge, OH
How much do homes in Cambridge, OH cost?
Median Sold Price
$158,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,500(+5.0%)
Key Takeaway
Homes in Cambridge have sold for 5% more than they did a year ago.
Summary: The median home sold price in Cambridge was $158,000 in October 2024, up 5% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $36K | $37.5K | +4.2% |
| 2 Bedrooms | $109.2K | $117K | +7.1% |
| 3 Bedrooms | $159.5K | $165.9K | +4.0% |
| 4 Bedrooms | $175K | $180K | +2.9% |
| 5+ Bedrooms | $196K | $236K | +20.4% |
Summary: Cambridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 20.4%.
Median Sold Price Compared To Nearby Cities
| Cambridge | $150.5K | $158K | +5.0% |
| Cambridge Township | $151.6K | $158K | +4.2% |
| Jackson Township | $165K | $145K | -12.1% |
Housing Supply in Cambridge, OH
How many homes are available in Cambridge, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 105 | 105 | 0.0% |
Summary: The Cambridge real estate market had 105 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 61 | 62 | +1.6% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Cambridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cambridge, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Cambridge in October 2024, up by 16.7% month-over-month. Of the 21 sold homes, 52% were sold under asking, 14% were sold at asking, and 33% were sold over asking.
Days on Market for Cambridge, OH
How long does it take to sell a home in Cambridge, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 90 Days | +144.2% |
Summary: Homes in Cambridge had an average of 90 days on market in Oct 2024, up by 144.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cambridge has remained consistent over time.
Summary: During October 2024, 21 homes were sold in Cambridge; 5% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.
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