Is Cambridge, IA 50046 a buyer’s or seller’s market?

The Cambridge housing market right now

In the three months ending August 31, 2026, 33% of homes in Cambridge, IA 50046 sold above their list price, the typical home went under contract in 4 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is 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 rose from 0%, homes sold more slowly (1 days then) and the median sale price rose 40% to $244,894. Overall, Cambridge is more competitive than a year ago, so tougher for buyers.

Within Story County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 83%.

Nearby, buyers who want less competition could look at Zearing 50278 (0% sold over asking) or Mc Callsburg 50154 (0% sold over asking), while Colo 50056 (50% sold over asking) is even more competitive.