Is Cambridge, NY 12816 a buyer’s or seller’s market?
Cambridge is a seller’s market. With about 3.7 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Cambridge housing market right now
In the three months ending August 31, 2026, 15% of homes in Cambridge, NY 12816 sold above their list price, the typical home went under contract in 35 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold about as fast and the median sale price rose 6% to $300,770. Overall, Cambridge is about as competitive as it was a year ago.
Within Washington County, homes here sell faster than in 53% of the county’s ZIP codes, and sell more often over asking than in 53%.
Nearby, buyers who want less competition could look at Shushan 12873 (0% sold over asking) or Putnam Station 12861 (0% sold over asking), while Argyle 12809 (57% sold over asking) and Fort Edward 12828 (55% sold over asking) are even more competitive.
Run the numbers for 12816
Nearby markets
Argyle 12809Buyer’s market $238 /sq ftBuskirk 12028 — /sq ftClemons 12819 $212 /sq ftComstock 12821Balanced $233 /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 seller’s market: there were 3.7 months of supply in Cambridge, NY 12816 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 35 days in the latest three months.
Do homes in Cambridge sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Cambridge?
About 2.01% of a home’s value a year in Washington County, or roughly $8,040 on a $400,000 home.
What is the median home price in Cambridge?
The median sale price was $300,770 in the three months ending August 31, 2026, about $169 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