$149,900
- 2 Beds
- 1 Bath
- 740 Sq Ft
41 Pine St Unit 49, Peabody, MA 01960
Eric Rosen Littlefield Real Estate
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1515 Vfw Pkwy Unit M19, Boston, MA 02132
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Why Live in Cambridge
Harvard Square buzzes with independent bookstores, street performers, and cultural attractions like the American Repertory Theater. The historic Harvard University campus invites exploration of Harvard Yard and Widener Library, while MIT's innovative architecture showcases the striking Stata Center and public art installations. Residents enjoy an exceptional dining scene, from handmade pasta at Giulia to Mediterranean flavors at Oleana and fresh seafood at Puritan Oyster Bar. The Charles River Esplanade provides paths for walking and cycling, while Fresh Pond Reservation offers peaceful trails around its reservoir.
The Cambridge real estate market offers diverse housing options across distinct neighborhoods. The median sale price in Cambridge is $1,173,000. One bedroom condos have a median price of $675,000, while two bedroom condos reach $920,000. Single family homes command a median price of $2,237,500, and townhomes have a median price of $2,312,500. North Cambridge condos trend higher, with one bedrooms at $690,000 and two bedrooms at $999,900. East Cambridge shows even stronger prices, with one bedroom condos at $765,000 and two bedrooms at $1,080,000.
Cambridge maintains a 1.05% effective property tax rate, higher than Boston at 0.67% but lower than Brookline at 1.09%. The Massachusetts state income tax rate is 5.00%, with a 6.25% sales tax. The city offers excellent public education options, including the A plus rated Cambridge Rindge & Latin School. Private schools like Buckingham Browne & Nichols School also receive top ratings. The MBTA Red Line and extensive bus network connect residents to Boston, while dedicated bike lanes and the Bluebikes sharing system support car free commuting.
Home Trends in Cambridge, MA
On average, homes in Cambridge, MA sell after 37 days on the market compared to the national average of 55 days. The median sale price for homes in Cambridge, MA over the last 12 months is $1,165,000, up 6% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$1,165,000
Median Single Family Sale Price
$2,362,000
Median Townhouse Sale Price
$2,125,000
Median 2 Bedroom Sale Price
$908,250
Median 1 Bedroom Sale Price
$645,000
Average Price Per Sq Ft
$974
Number of Homes for Sale
125
Last 12 months Home Sales
578
Months of Supply
2.60
Median List Price
$1,150,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%
Popular Home Searches in Cambridge, MA
Home to Harvard and MIT, Cambridge is known for its historic homes, urban convenience, and academic flair.
- Love old-world charm? Browse Victorian homes or colonial listings in Harvard Square.
- Looking for low maintenance? Explore condos or townhomes near the Red Line.
- Need an efficient space? Search for homes with in-unit laundry or kitchen island setups.
- Want modern design? Check out modern homes or properties with elevators.
- Enjoy outdoor relaxation? Look into listings with rooftop deck or a patio.
Cambridge Types of Homes for Sale
More About Living in Cambridge
Popular Searches in Cambridge
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