Is Cambridge, MN 55008 a buyer’s or seller’s market?
Cambridge is a seller’s market. With about 1.8 months of supply and 33% 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.
More competitive than 79% of U.S. ZIP codes, and #99 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Cambridge housing market right now
In the three months ending August 31, 2026, 33% of homes in Cambridge, MN 55008 sold above their list price, the typical home went under contract in 25 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 97 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 28%, homes sold faster (29 days then) and the median sale price held steady to $337,304. Overall, Cambridge is more competitive than a year ago, so tougher for buyers.
On our competition score, Cambridge ranks #99 of 296 MN ZIP codes with enough sales (score 75 out of 100).
Nearby, Dalbo 55017 (71% sold over asking) and Stanchfield 55080 (44% sold over asking) are even more competitive.
Run the numbers for 55008
Nearby markets
Dalbo 55017Seller’s market $204 /sq ftIsanti 55040Seller’s market $190 /sq ftStanchfield 55080Seller’s market $235 /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 1.8 months of supply in Cambridge, MN 55008 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 25 days in the latest three months.
Do homes in Cambridge sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Cambridge?
About 1.01% of a home’s value a year in Isanti County, or roughly $4,040 on a $400,000 home.
What is the median home price in Cambridge?
The median sale price was $337,304 in the three months ending August 31, 2026, about $181 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