55008 Home Values & Market Trends

There are 349 homes currently listed for 55008. 55008 real estate market trends show that home prices range from $40,900 to $5,500,000, and the median sales price in the 55008 zip code is $346,265. The total number of properties sold within the past twelve months is 354. In 55008, 12 properties are in foreclosure, 4 are bank owned properties,and 8 are headed for auction.

55008 Real Estate Market Overview

CityMedian Est. Value
Cambridge

$ 346,265

$ 269/sqft

Housing Market Summary for 55008

Sep 2025September 2026Change
Median Listing Price$353.9K$349K-1.38%
Median Sold Price$316.5K$245.2K-22.52%
Homes For Sale23034449.57%
Homes Sold799115.19%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 55008

The median list price of a home in Cambridge, is $346,265. A total of 349 properties are for sale, and the percentage of properties for sale in the zip code is 349.00%. The total count of 55008 properties is 471.

Foreclosure
There is 1 cities within 55008; within this cities, the median estimated home value for homes in foreclosure ranges from $376,377 in cambridge to the lowest value of $187,896 in cambridge. Foreclosure homes account for 2.00% of properties in 55008 with cambridge containing 12 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55008 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 55008; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 55008 ranges from the highest value of $376,377 in cambridge to the lowest value of $298,926 in cambridge. Bank owned homes and properties account for 0.85% of properties in 55008. There is 1 cities within 55008; cambridge containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    cambridge has 8 auction properties, the highest number of properties going to auction in a single city in the state of 55008. Auction homes and other auction properties account for 1.70% of all properties in 55008. There is 1 cities within 55008; of that cities, the median estimated home value for homes going to auction ranges from $320,410 in cambridge to the lowest value of $187,896 in cambridge.
Homes for Sale
Homes and properties that are actively listed for sale account for 74.10% of residential properties in 55008 with cambridge containing 349 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 55008; homes for sale in that cities, have a range of median values from $950,000 in cambridge to the lowest value of $54,101 in cambridge.
    Sold Homes
    The median value for recently sold homes ranges from $628,213 in cambridge to the lowest price of $85,618 in cambridge. There is 1 cities within 55008. cambridge has 98 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 20.81% of properties in 55008.

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      Guide for 55008

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.