Detached Homes for Sale in Cambridge
Over $1.5M

Today: 5-yr fixed from 3.95% · 5-yr variable from 3.50%

Fully freehold land + structure. Highest long-term appreciation, full renovation flexibility, and the strongest move-up buyer demand in the Ontario market. Median list price in Cambridge this band: $1.57M · 43 active · avg 34 days on market.

Get the live list

43 active · median $1.57M

Sent within 1 business hour with today's 3.95% 5-yr fixed rate.

Detached Homes in Cambridge Over $1.5M

43 active · median $1.57M

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Median List Price

$1.57M

Active Listings

43

Avg Days on Market

34 days

YoY Change

-7.0%

6-Month Median Price Trend

Dec

$1.60M

Jan

$1.54M

Feb

$1.56M

Mar

$1.61M

Apr

$1.58M

May

$1.55M

What is the average detached price in Cambridge in 2026?

The benchmark price for a detached in Cambridge in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 43 active listings, moving in an average of 34 days on market. Prices are down 7.0% year-over-year.

Is Cambridge a buyer's or seller's market right now?

Cambridge is currently a balanced market for detacheds in this band. Inventory is turning over in 34 days with prices down 7.0% 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.
James K., Retiree, Cambridge

What $1.57M gets you in Cambridge.

Detacheds in Cambridge priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $722K for the cambridge area. Within this band the median list comes in near $1575K — down 7.0% year-over-year. Active inventory is moving in roughly 34 days.

Typical Size

1,800–3,500 sqft

Bedroom Range

3–5 bedrooms

Ownership Style

freehold

Sample comparables in this band.

Galt, Cambridge

$1.70M

5 bed3 bath2,400 sqft
Preston, Cambridge

$1.51M

3 bed3 bath2,040 sqft
Hespeler, Cambridge

$1.44M

3 bed3 bath2,200 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these detached homes are clustered in Cambridge.

Cambridge Detached FAQ

What is the median price for detached homes in Cambridge over $1.5m?

As of 2026-05-01, the median list price for detached homes in Cambridge priced over $1.5m sits at approximately $1.57M based on active MLS inventory.

How many detached homes are currently for sale in Cambridge in this price range?

There are roughly 43 active detached homes for sale in Cambridge priced over $1.5m. Inventory typically refreshes weekly via the local MLS board.

How long do detached homes stay on the market in Cambridge?

Detached Homes in Cambridge priced over $1.5m are averaging 34 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Cambridge detached prices going up or down?

Year-over-year median detached prices in Cambridge (this band) are down 7.0%. Six-month trend data is available on this page.

What mortgage do I need to buy a detached at this price in Cambridge?

On a $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

Get the Live List — 43 active, median $1.57M.

Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Cambridge advisor within 1 business hour.

Detached Homes in Cambridge Over $1.5M

Median $1.57M · 43 active · 3.95% 5-yr fixed

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Step 2 · Lock in financing

Get pre-approved for a $1.26M mortgage.

Based on $1.57M 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.

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