$90,000
4.78 Acres
Land
Jeffrey Dorman, Listing Office: eXp Realty
September 2024
Report Updated Sep 1, 2024
Is Cambridge, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Cambridge has remained a Seller's Market.
How much do homes in Cambridge, NY cost?
$237,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Cambridge was $237,000 in September 2024, up 34.7% from last year, and the median price per square foot was $151.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $131.5K | $167.5K | +27.4% |
2 Bedrooms | $185.3K | $168.5K | -9.1% |
3 Bedrooms | $172K | $217.5K | +26.5% |
4 Bedrooms | $252.9K | $270K | +6.7% |
5+ Bedrooms | $150K | $296K | +97.4% |
Summary: Cambridge housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.4%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 97.4%.
Cambridge | $176K | $237K | +34.7% |
Jackson | $147K | $190K | +29.3% |
White Creek | $180K | $220K | +22.2% |
How many homes are available in Cambridge, NY?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Summary: The Cambridge real estate market had 25 homes for sale in September 2024, a 8.7% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Cambridge housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Cambridge in September 2024, up by 80.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
How long does it take to sell a home in Cambridge, NY?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
89 Days | 16 Days | -81.6% |
Summary: Homes in Cambridge had an average of 16 days on market in Sep 2024, down by 81.6% compared to last year.
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During September 2024, 9 homes were sold in Cambridge; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated Sep 1, 2024
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Based on information from Global MLS for the period 10/01/2022 - 10/01/2024
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 11/1/2024, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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