Is Cambridge, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cambridge is a seller's market

Buyer's
Market

Difference Since September 2021

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.

How much do homes in Cambridge, OH cost?

Median Sold Price

$129,950

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$36,950(+39.7%)

Key Takeaway

Homes in Cambridge have sold for 39.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $48.8K$125.5K
+157.3%
2 $89K$92K
+3.4%
3 $94K$133.4K
+42.0%
4 $109.9K$168K
+52.9%
5+ $106.5K$130K
+22.1%

Median Sold Price Compared To Nearby Cities

Cambridge
+39.7%
Cambridge Township
+27.4%
Jackson Township
-6.8%

How many homes are available in Cambridge, OH?

Number of Homes For Sale

Aug 2022Sep 2022%
5855-5.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 129
-25.0%
3 3436
+5.9%
4 98
-11.1%
5+ 32
-33.3%

Number of Homes Sold

Aug 2022Sep 2022%
1810-44.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cambridge, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
45 Days64 Days+43.1%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cambridge has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Cambridge, OH

Cambridge, OH has 55 homes on the market. The number of listings in Cambridge, OH decreased by 5.2% between August 2022 and September 2022. While the average time on the market in September 2022 was 64 days, the median list price was $129,950. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties went up by 157.3%, the cost of 2 bedrooms properties went up by 3.4%, the cost of 3 bedrooms properties went up by 42%, 4 bedrooms properties prices increased by 52.9%, 5 bedrooms properties became 22.1% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went down by 25%, 3 bedrooms homes inventory increased by 5.9%, 4 bedrooms homes inventory decreased by 11.1%, the quantity of 5 bedrooms homes went down by 33.3%. While more than 2 listings in Cambridge, OH in September 2022 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below.

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