Is Cambridge, IL 61238 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Cambridge is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.1Under 4 months = seller’s market

Sold above original list20%Share of sales, last 3 months

Median sale-to-list99%Sold price ÷ list price

Median days on market29Listing to accepted offer

Median price per sq ft$106▼ −8.6% vs. last year

Run the numbers for 61238

Prefilled for 61238Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61238Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alpha 61413Seller’s market $104 /sq ft Andover 61233Seller’s market $91 /sq ft Annawan 61234Seller’s market $92 /sq ft Atkinson 61235Seller’s market $67 /sq ft Browse all markets →

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology