Market Intelligence · MA / Cambridge

Cambridge, MA 02138 Housing Market

The typical home value in Cambridge, MA 02138 is $1,150,205, up 0.5% over the past year. The median list price is $1,535,000, and homes are spending a median of 60 days on market as of 2026-08-01.

Updated August 2026Median value$1150K

The median home value in Cambridge, MA 02138 is $1.15M as of August 2026, up 0.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 02138 range

$1.06M to $1.24M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.5% over 12 months

Typical home value in 02138 over the last 12 months: $1.14M in Aug 2025 to $1.15M in Aug 2026 (+0.5%).

Aug 2025$1.14M

Aug 2026$1.15M

The numbers

What is the 02138 housing market like?

Typical home value

$1.15M

Up0.5%YoY

Median list price

$1.53M

Down25.8%MoM

Days on market

60

Up9.1%MoM

Homes for sale

48

Down12.7%MoM

Price cuts

9.6%

Down26.1%MoM

New listings

12

Down33.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 02138 home prices compare?

  • 02138$1,150,205
  • Cambridge$1,087,537
  • Massachusetts$615,457
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Cambridge: 5 ZIPs; Massachusetts: 484 ZIPs; United States: 26,265 ZIPs).

Context

There are 48 homes for sale in 02138, with 12 new listings coming on as of 2026-08-01. The median list price is $1,535,000, while the typical home value is $1,150,205, up 0.5% over the past year. Homes are spending a median of 60 days on market, and 9.6% of listings have taken a price cut. That points to a market where buyers have some room to negotiate, even though values are not falling. A seller should price carefully from the start rather than counting on quick escalation.

Monthly payment

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20% · $230,041

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