Market Intelligence · MA / Cambridge

Cambridge, MA 02138 Housing Market

Typical home value in Cambridge 02138 stands at $1,133,659, up 0.5% over the past year. The median list price is $1,510,000, with homes spending a median of 37 days on market as of September 2026.

Updated September 2026Median value$1134K

The median home value in Cambridge, MA 02138 is $1.13M as of September 2026, up 0.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 02138 range

$1.04M to $1.22M

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

Sep 2025$1.13M

Low $1.13MHigh $1.14M

Sep 2026$1.13M

The numbers

What is the 02138 housing market like?

As of September 2026

Typical home value

$1.13M

0.5%YoY

Median list price

$1.51M

1.6%MoM

Days on market

38.3%MoM

Homes for sale

20.8%MoM

Price cuts

5.9%

39.0%MoM

New listings

366.7%MoM

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

The outlook

02138 housing market forecast 2027

+0.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 02138 to rise 0.9% by September 2027.

Over the 12 months through September 2026, typical home values in 02138 rose 0.5%, per the Zillow Home Value Index.

Will home prices drop in 02138?

Zillow's forecast does not call for a drop: it expects typical home values in 02138 to rise 0.9% by September 2027, after a 0.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 02138 home prices compare?

02138$1,133,659
Cambridge$1,066,152
Massachusetts$609,700
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Cambridge: 5 ZIPs; Massachusetts: 484 ZIPs; United States: 26,262 ZIPs).

Context

Cambridge 02138 shows steady activity with 56 new listings in September 2026 and 58 homes currently for sale. The median list price of $1,510,000 sits well above the typical home value of $1,133,659, a gap that reflects the range of properties in this market. At 37 days median time on market, homes are moving at a moderate pace. Only 5.9% of listings have taken a price cut, suggesting most sellers are holding firm on their initial asks. For sellers, this market favors pricing strategy and property condition; the data points to a balanced environment where buyers have choices but homes still move.

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Down payment20% · $226,732

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Common questions

What people ask us.

What is the typical home value in Cambridge 02138?

The typical home value is $1,133,659, up 0.5% over the past year as of September 2026.

How long do homes stay on the market here?

The median days on market is 37 as of September 2026.

Are sellers having to cut prices?

Only 5.9% of listings have received a price cut as of September 2026, indicating most sellers maintain their initial list prices.

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Nearby ZIP markets.

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