The city of Cambridge, IL (zip code 61238) has a median housing value of $129,600, which is significantly lower than the US housing median value of $338,100. In the last year, house appreciation in Cambridge rose by 6.99%, which is 1.28% lower than the US 1-year appreciation rate of 8.27%. Therefore, there are good opportunities for potential home buyers to get affordable housing in Cambridge compared to other areas in the country.
The median home cost in Cambridge (zip 61238) is $129,600. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Cambridge (zip 61238) is up 8.3%.
Average Age of Homes
- The median age of Cambridge (zip 61238) real estate is 62 years old
The Rental Market in Cambridge (zip 61238)
- Renters make up 16.4% of the Cambridge (zip 61238) population
- 0.0% of houses and apartments in Cambridge (zip 61238), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.