Cambridge

Cambridge, Ontario, Canada

Market snapshot

As of August 12, 2026, the median asking price in Cambridge is $699,900, across 779 active MLS® listings.

Those listings have been on the market an average of 56 days.

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

Asking prices work out to about $402 per square foot, based on the 410 listings that report floor area.

Detached homes in Cambridge are listed at an average of $899,825 across 422 active listings.

Townhouses in Cambridge are listed at an average of $644,817 across 134 active listings.

Condos in Cambridge are listed at an average of $475,551 across 85 active listings.

Commercial properties in Cambridge are listed at an average of $257,276 across 31 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 market is offering plenty of choice right now, with 929 active for-sale listings and 339 new listings in the past 30 days, suggesting sustained seller activity. With a median asking price of $749,999 and an average of $419/sqft, pricing remains firm but buyers may have room to negotiate given the 55-day average time on market. For investors, the combination of steady inventory and moderate selling pace points to opportunities to be selective and target value relative to price per square foot.

Getting around

Walk Score 58 · Transit Score 47 · Bike Score 73

Frequently asked questions about Cambridge

What is the average home price in Cambridge?

The median asking price in Cambridge is $699,900, across 779 active MLS® listings as of August 12, 2026. The average asking price is $991,268. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Cambridge?

There are 779 active MLS® listings in Cambridge as of August 12, 2026. 297 of them came to market in the last 30 days.

How long do homes stay on the market in Cambridge?

Homes currently listed in Cambridge have been on the market an average of 56 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

What types of homes are for sale in Cambridge?

Of the 779 homes currently listed in Cambridge, 54% detached houses, 17% townhouses, 11% condos, 4% commercial properties.

Is Cambridge walkable?

Cambridge has a Walk Score of 58 out of 100, which Walk Score classifies as Somewhat Walkable — some errands can be accomplished on foot. Transit Score is 47. Bike Score is 73.

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How these figures are calculated