Cambridge, MD home prices
Typical home $268,728 · +0.9% in a year · income needed $76,700
The Cambridge, MD metro area ranks 395 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.9% in a year and +18.4% over five years. With 20% down at 7.11%, the typical home costs about $1,790 a month including 0.94% property tax (Dorchester County rate).
Mortgage on the typical Cambridge home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,746 | $214,983 | $1,446 | $0 | $344 | $1,790 | $76,700 |
| 10% down | $26,873 | $241,855 | $1,627 | $101 | $344 | $2,072 | $88,800 |
| 5% down | $13,436 | $255,292 | $1,717 | $106 | $344 | $2,168 | $92,900 |
| 3.5% down (FHA) | $9,405 | $263,861 | $1,775 | $119 | $344 | $2,238 | $95,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.94% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Cambridge area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Dorchester County, MD | $268,747 | +0.9% | 0.94% |
What can you afford in Maryland on your salary? · Maryland home prices · Salaries in Maryland
Frequently asked questions
How much is a house in Cambridge?
The typical home in the Cambridge, MD metro area is worth $268,728 (Zillow, September 2026).
What salary do you need to buy a house in Cambridge?
About $76,700 a year for the typical home with 20% down at 7.11%.