Start Free
All market snapshots / 55008

Cambridge, MN 55008 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Cambridge, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 3131PendingPending sales: 11
Cambridge, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $353k$353kSoldMedian sold price (last 6 months): $341k$341k
What homes actually sell for in Cambridge, MN
Distribution of 215 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $270k to $400k
$174k to $228k: 27 sales$174k$228k to $281k: 22 sales$281k to $334k: 42 sales$281k$334k to $387k: 53 sales53sales$387k to $440k: 27 sales$387k$440k to $494k: 14 sales$494k to $547k: 4 sales$494k$547k to $600k: 5 salesMedian $341k

What the numbers say

As of October 26, 2026, Resideline is tracking 31 active listings and 1 pending sales in ZIP code 55008. That pending-to-active ratio of 0.03 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $352,900, while the median of the 215 closed sales Resideline tracked over the last six months was $340,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55008 for 74 days.

Frequently asked questions

What is the median home price in 55008?

The median closed sale price in Cambridge, MN 55008 was $340,900 over the last six months, based on 215 closed sales tracked by Resideline. The middle half of those sales ranged from $270,000 to $400,000.

Is 55008 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 31 active listings in 55008, a pending-to-active ratio of 0.03. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 55008 is currently a slower-moving market.

Nearby ZIP code market data

Running a deal in 55008? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 55008 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.