Condos for Sale in Cambridge
Under $500K
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Cambridge this band: $389K · 39 active · avg 14 days on market.
39 active · median $389K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Cambridge Under $500K
39 active · median $389K
Median List Price
$389K
Active Listings
39
Avg Days on Market
14 days
YoY Change
-13.2%
6-Month Median Price Trend
Dec
$374K
Jan
$380K
Feb
$396K
Mar
$394K
Apr
$388K
May
$387K
What is the average condo price in Cambridge in 2026?
The benchmark price for a condo in Cambridge in 2026 is approximately $389K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 39 active listings, moving in an average of 14 days on market. Prices are down 13.2% year-over-year.
Is Cambridge a buyer's or seller's market right now?
Cambridge is currently a balanced market for condos in this band. Inventory is turning over in 14 days with prices down 13.2% year-over-year. Neither side has decisive leverage right now.
Families helped in Cambridge
27+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Reverse mortgage explained without the sales hype. We got the funds and kept the house.”
What $389K gets you in Cambridge.
Condos in Cambridge priced under $500k are tracking against a CREA MLS® HPI benchmark of $389K for the cambridge area. Within this band the median list comes in near $389K — down 13.2% year-over-year. Active inventory is moving in roughly 14 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$384K
$396K
$372K
Sample comparables only — request the live MLS report for current availability and pricing.
Keep exploring Cambridge.
Other property types
Cambridge Condo FAQ
What is the median price for condos in Cambridge under $500k?
As of 2026-05-01, the median list price for condos in Cambridge priced under $500k sits at approximately $389K based on active MLS inventory.
How many condos are currently for sale in Cambridge in this price range?
There are roughly 39 active condos for sale in Cambridge priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Cambridge?
Condos in Cambridge priced under $500k are averaging 14 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.
Are Cambridge condo prices going up or down?
Year-over-year median condo prices in Cambridge (this band) are down 13.2%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Cambridge?
On a $389K purchase with 20% down, you'd carry a mortgage of about $311K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $1,902 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 39 active, median $389K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Cambridge advisor within 1 business hour.
Condos in Cambridge Under $500K
Median $389K · 39 active · 3.95% 5-yr fixed
Get pre-approved for a $311K mortgage.
Based on $389K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.