Cambridge, WI Real Estate

Cambridge Homes for Sale

The village of Cambridge, Wisconsin is vibrant community located in south central Wisconsin. The village is surrounded by farm fields with Koskonong Creek running through the area. There are many trails and community parks scattered throughout the area. The old-world charm of century-old buildings and Victorian storefronts are what makes the community so unique.

Real Estate
The Cambridge real estate market offers an array of homes for sale. Houses on the market include charming year-round Cottages, updated two-story houses, three-bedroom lakefront homes and custom-built homes with views of Lake Ripley. The average cost of home in Cambridge is $189,490.

Amenities
The Cambridge area is known for its local festivities throughout the year. The community holds events such as Fashion Walkabout, Touch-a Truck & Bike Rodeo, Annual Community Wide Rummage and/or Garage Sale. Cambridge Memorial Day Parade, Maxwell Street Days and Cambridge Country Christmas are other community activities that the whole family can enjoy.

Residents of Cambridge can enjoy many outdoor recreational opportunities. Lake Ripley offers plenty of activities such as swimming, water-skiing, boating and fishing. Ripley Park provides the perfect setting for picnics and recreational sports.

Glacial Drumlin State Trail maintains trails for hikers and mountain bikers who can catch a glimpse of the gorgeous landscape throughout their treks. More than 47-miles long, Glacial Drumlin is known as one of Wisconsin’s best bike trails.

Experienced mountain-bikers and hikers can test their durability at the Cam Rock County Park System. With about 500-acres of land for residents to use, Cam Rock connects the villages of Cambridge and Rockdale. The park’s area offers hiking, mountain-biking, picnicking and cross-country skiing. Cam Rock also has incorporated playgrounds and shelters for residents to use.

The area also offers fine dining including The Sports Page Bar & Restaurant, Mill on Main, Ripley’s Bakery & Eatery and Daily Grind Coffee Shoppe.

History
Cambridge saw its first sign of existence after the creation of a dam incorporated into Koshkonong Creek. The area saw a population growth of 250 residents in the 1860s. The business district and nearby homes saw destruction due to a fire in 1890. The automobile generated tourism to the village and Lake Ripley making it a tourist town in the 1920s. Cambridge used a blue and yellow umbrella to help promote their new found claim as a tourist attraction that is still used today.

See real estate for sale in Cambridge, WI.

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Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Cambridge Elementary School (Cambridge) Cambridge School District public 435 Not Provided Cambridge Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Nikolay Middle School (Cambridge) Cambridge School District public 206 Not Provided Nikolay Middle School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Cambridge High School (Cambridge) Cambridge School District public 274 Not Provided Cambridge High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 4,726 76,062 5,742,119
Total Households 2,019 29,946 2,299,100
Total Families 1,332 20,346 1,469,281
Population Density 95 1,245 446,124
Percent Male 51% 49% 50%
Percent Female 49% 51% 50%
White Collar Jobs 64% 58% 56%
Blue Collar Jobs 36% 43% 44%

Top Occupations

Professions Population Employed
Healthcare 461
Manufacturing 460
Sales 419
Transportation 401
Retail 386
Management 365
Education 323
Information, Scientific and Technical 244
Natural Resources 216
Professional Services 205

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 2,398 32,337 2,641,602
Owner Occupied Housing Units 1,638 21,265 1,547,197
Renter Occupied Housing Units 407 8,619 751,903
Vacant Housing Units 353 2,454 342,513
Occupancy Rate 85% 92% 87%
Vehicles Per Housing Unit 2 21 1,563

Commute Time To Work

  City County State
Less than 5 minutes 133 2,655 124,926
5 - 14 minutes 425 6,507 372,200
15 - 29 minutes 822 4,865 448,541
30 - 44 minutes 790 4,118 290,783
45-59 minutes 161 3,008 152,657
Over 60 minutes 70 1,994 85,630

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 189 4,697 347,427
High School Graduate 1,131 19,314 1,239,522
Some College 797 11,091 817,979
Associates Degree 389 5,604 390,482
Bachelors Degree 733 8,148 713,854
Graduate Degree 359 2,846 261,651

Education Attainment


Market Conditions

Market Conditions for Cambridge

April 2019

Median Sale Price
$215,500

 UP 0.99%
vs. Month Ago
Homes for Sale
23

 DOWN -4.16%
vs. Month Ago
Homes Sold
4

 UP 100.00%
vs. Month Ago
Avg Days on Market
39

 DOWN -74.67%
vs. Month Ago

Median Sale Price

The median sale price for homes in April was $215,500. The median sales price for homes in April rose by $2,125 compared to last month. This represents a 0.99% increase from March. Compared to the same month last year, the median price of homes fell by ($73,150) representing a -25.34% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale fell by 1 in April to 23. This represents 4.16% decrease from March when 24 homes were on the market. Compared to the same month last year when there were 21 homes for sale, the inventory of homes for sale has risen by 2 representing a 9.52% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The 4 homes sold in April was 2 more than in March. This represents a 100% increase in sales from March. Compared to the same month last year, the number of homes sold increased by 2, a 100% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Avg Days on Market

The average days on market for a home sold in April (39) decreased by 115 days compared to March. This represents a 74.67% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 42, a -51.85% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 95.74% in April rose by 5.09% compared to March and decreased 3.56% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in April (5) rose by 3 compared to March, a 150% change. Compared to April 2018, the number of new listings remained level

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Homes

The median list price in April was $379,900. The median list price for homes in April rose by $19,953 compared to last month. This represents a 5.54% increase from March. Compared to the same month last year, the median list price of homes increased $109,900 representing a 40.7% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.


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