Is Cambridge, MA 02142 a buyer’s or seller’s market?
Cambridge is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Cambridge housing market right now
In the three months ending August 31, 2026, 0% of homes in Cambridge, MA 02142 sold above their list price, the typical home went under contract in 17 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (59 days then) and the median sale price rose 13% to $1,994,137. Overall, Cambridge is more competitive than a year ago, so tougher for buyers.
Within Middlesex County, homes here sell faster than in 95% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Acton 01718 (100% sold over asking) and Dunstable 01827 (78% sold over asking) are even more competitive.
Run the numbers for 02142
Nearby markets
Acton 01718 $291 /sq ftActon 01720Seller’s market $385 /sq ftArlington 02474Seller’s market $598 /sq ftArlington 02476Seller’s market $609 /sq ft Browse all markets →Towns like Cambridge nearby
Find towns like Cambridge in other states →Where Cambridge is
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Questions about Cambridge real estate
Is Cambridge a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Cambridge, MA 02142 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cambridge?
The typical home went under contract in 17 days in the latest three months.
Do homes in Cambridge sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Cambridge?
About 1.03% of a home’s value a year in Middlesex County, or roughly $4,120 on a $400,000 home.
What is the median home price in Cambridge?
The median sale price was $1,994,137 in the three months ending August 31, 2026, about $1,396 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology