Cambridge

Cambridge, Ontario

Market snapshot

As of September 27, 2026, the median asking price in Cambridge is $699,000, across 491 active MLS® listings.

Those listings have been on the market an average of 47 days.

225 new listings came to market in Cambridge in the last 30 days.

Asking prices work out to about $413 per square foot, based on the 257 listings that report floor area.

Detached homes in Cambridge are listed at an average of $899,206 across 293 active listings.

Townhouses in Cambridge are listed at an average of $624,948 across 106 active listings.

Condos in Cambridge are listed at an average of $484,372 across 61 active listings.

Homes in Cambridge are listed at an average of $1,678,550 across 14 active listings.

Stone Streets, River Light, New Energy

About Cambridge

In central Cambridge, the old heart of Galt still sets the tempo: limestone façades, tight-knit side streets, and the Grand River curling past parks and footbridges. You’ll feel the city’s industrial-era roots in the architecture—solid, weighty buildings that were made to last—now repurposed into studios, offices, and the kind of main-street storefronts that reward a slow stroll.

Daily life here is a blend of long-time familiarity and steady churn. Lifers who remember when downtown quieted early share sidewalks with young professionals and first-time buyers migrating from Kitchener-Waterloo’s higher price points, plus students and creatives drawn to the riverfront trails and the revitalizing core. With a Walk Score around 58, it’s “some errands on foot” rather than fully car-free—easy to pop to cafés, City Hall, and the library, but many residents still keep a vehicle for bigger shops and commuting.

Real estate mirrors the streetscape: character-rich detached homes (often pre-war) with mature trees and narrower lots, mixed with duplexes, walk-up apartments, and pockets of newer infill that try to fit the heritage rhythm. Expect strong interest in renovated century homes and well-maintained semis, while investors often target multi-unit properties near the downtown spine. The market feels competitive for turnkey listings, and buyers who can handle cosmetic updates tend to find better value—especially on blocks just beyond the prettiest heritage stretches along the river.

Market pulse

Cambridge’s for-sale market is moderately active right now, with 491 active listings at a median asking price of $699,000, averaging $413/sqft and 47 days on market so far. With 225 new listings added in the past 30 days, buyers and investors are seeing improving choice across the city’s varied housing mix—from lower-priced condos and townhomes to larger single-family homes—so pricing and leverage can differ notably by area and property type.

AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.

Getting around

Cambridge covers about 115 km², so a single Walk Score®, Transit Score® or Bike Score® measured at one point would not describe it. How easily you can get around depends on which part of Cambridge you are in — check the score for a specific address.

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