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CAMBRIDGE, IL 61238

Real Estate Market Report  ·  Henry County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇩ 20% vs 10 last year
Pending
2
25% pending ratio
Median Price
$122,400
⇩ 12.4% vs $139,675 last year
Average Price
$129,300
⇩ 21.5% vs $164,655 last year
Days on Market
49
⇩ 47.9% vs 94 days last year

Market Context

Population: 2,985  ·  Density: 11.4/mi²  ·  Median household income: $74,737

Typical home value: $132,182  ·  Homeownership: 89.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The CAMBRIDGE, IL real estate market (61238) currently shows 8 active listings, with 2 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 49 days on market compared to 94 days last year.

The median listing price has fallen 12.4% year-over-year, from $139,675 to $122,400.

Whether you are buying or selling in CAMBRIDGE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 10 last year
  • Days on market: 49 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $122,400 (-12.4% YoY)
  • Average: $129,300 (-21.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.7 miles — 93 listings ($25,913,195 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61238Cambridge, IL 612380.0 mi8$1,034,400$122,400$129,300
61274Osco, IL 612747.7 mi1$185,000$185,000$185,000
61262Lynn Center, IL 612629.4 mi1$99,900$99,900$99,900
61235Atkinson, IL 6123511.1 mi2$341,200$170,600$170,600
61413Alpha, IL 6141312.1 mi5$693,000$149,500$138,600
61254Geneseo, IL 6125412.5 mi31$12,914,414$235,000$416,594
61467Oneida, IL 6146715.3 mi3$693,999$250,000$231,333
61234Annawan, IL 6123416.1 mi2$360,000$180,000$180,000
61240Coal Valley, IL 6124016.4 mi13$3,226,652$261,500$248,204
61281Sherrard, IL 6128117.9 mi6$1,226,280$249,900$204,380
61282Silvis, IL 6128218.9 mi18$4,598,550$249,900$255,475
61488Wataga, IL 6148819.3 mi2$364,800$182,400$182,400
61344Mineral, IL 6134419.7 mi1$175,000$175,000$175,000

Frequently Asked Questions

How many homes are for sale in CAMBRIDGE, IL 61238?

As of January 2026, there are 8 active listings in CAMBRIDGE, IL (zip code 61238), compared to 10 the prior year.

What is the median home price in CAMBRIDGE, IL 61238?

The median listing price in CAMBRIDGE, IL 61238 is $122,400 as of January 2026, a 12.4% decrease from $139,675 the prior year.

How long do homes stay on the market in CAMBRIDGE, IL?

Homes in CAMBRIDGE, IL 61238 spend an average of 49 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in CAMBRIDGE, IL 61238?

Based on current inventory and days-on-market data as of January 2026, CAMBRIDGE, IL 61238 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 49 days on market compared to 94 days last year.

How much can I save on real estate commission in CAMBRIDGE, IL?

With SELL123.com's maximum 3% commission, sellers in CAMBRIDGE, IL 61238 save an estimated $2,448 compared to a typical 5% commission on the median listing price of $122,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.