Is Cambridge City, IN 47327 a buyer’s or seller’s market?

The Cambridge City housing market right now

In the three months ending August 31, 2026, 8% of homes in Cambridge City, IN 47327 sold above their list price, the typical home went under contract in 55 days and there were 3.4 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 17%, homes sold more slowly (8 days then) and the median sale price fell 12% to $159,931. Overall, Cambridge City is less competitive than a year ago, which gives buyers more room.

Within Wayne County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 67%.

Nearby, buyers who want less competition could look at Greens Fork 47345 (0% sold over asking) or Economy 47339 (0% sold over asking), while Milton 47357 (100% sold over asking) and Williamsburg 47393 (33% sold over asking) are even more competitive.