The story of this market
The typical home in ZIP 02141 sells for about $1,305,000, or $845 per square foot.
Prices are down 1.1% from a year ago, which gives buyers more room to negotiate. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,500 a month.
ZIP 02141 — Cambridge
The 02141 housing market remains highly competitive, driven by its proximity to the Kendall Square innovation hub and limited inventory. While median prices have seen slight year-over-year fluctuations, demand remains robust among high-income professionals. Note that some specific metrics like active inventory and months of supply are based on current market snapshots and may vary by property type.
This ZIP is ideal for young professionals, academics, and commuters who prioritize proximity to Boston's innovation economy and urban amenities over suburban space.
Median prices moved down 1.1% year over year.
Homes spend a median of 28 days on market with 2.3 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 9.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 02141, Middlesex County, MA
East Cambridge generally experiences lower violent crime rates compared to national averages, though property crime remains a focus for local law enforcement.
The area is served by the Cambridge Public Schools district, which is highly regarded for its academic resources and diverse student body.
The ZIP code is located in a low-to-moderate flood risk zone near the Charles River, with standard insurance requirements for coastal urban environments.
The area benefits from proximity to major biotech and academic hubs in Kendall Square, driving consistent demand for high-density residential and mixed-use development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents enjoy excellent access to the MBTA Green Line and proximity to major employment centers in Boston and Kendall Square via short transit or bike commutes.
The area features significant waterfront access along the Charles River, numerous public parks, and proximity to the shopping and dining districts of CambridgeSide.
The rental market is characterized by high demand and low vacancy rates, driven by the proximity to MIT and major life-science employers.
The economy is anchored by the life sciences, biotechnology, and higher education sectors, with major employers including MIT and various pharmaceutical firms.
The area is highly transit-oriented, served by the MBTA Green Line extension and extensive bus networks connecting to the Red Line.
Ongoing redevelopment of former industrial parcels into high-density residential and commercial lab space continues to reshape the neighborhood.
The City of Cambridge Assessor's Office manages property valuations, typically conducting revaluations every three years.
Parcels are subject to City of Cambridge municipal taxes and are served by the Cambridge Public Schools district.
Property insurance premiums are influenced by the area's urban density and proximity to the Charles River flood zones.
Data retrieved from US Census Bureau ZCTA 02141 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Boston Tea Party Ships & Museum4.62 mi
- F1 Arcade Boston4.52.4 mi
- Museum of Illusions Boston4.51.7 mi
- Boda Borg Boston4.73.9 mi
- K1 Speed Boston-Wilmington4.213.4 mi
- Fenway Park4.81.9 mi
- TD Garden4.61 mi
- Thomas M. Menino Convention & Exhibition Center4.52.5 mi
- Topgolf Boston - Canton3.912.8 mi
- MGM Music Hall at Fenway4.41.8 mi
- Fenway Park4.81.9 mi
- Boston Common4.71.4 mi
- Museum of Fine Arts, Boston4.82.3 mi
- New England Aquarium4.41.8 mi
- Harvard Square4.61.9 mi
- Museum of Fine Arts, Boston4.82.3 mi
- Boston Public Library4.81.6 mi
- Isabella Stewart Gardner Museum4.72.5 mi
- Museum of Science4.70.6 mi
- Boston Tea Party Ships & Museum4.62 mi
- Boston Common4.71.4 mi
- Franklin Park Zoo4.44.6 mi
- Public Garden4.81.3 mi
- Charles River Esplanade4.81.1 mi
- Arnold Arboretum of Harvard University4.84.9 mi
- Community Boating, Inc.4.60.9 mi
- MIT Sailing Pavilion4.91 mi
- Atlantic Wharf4.61.9 mi
- Constitution Marina4.61.1 mi
- Charlestown Marina4.81.6 mi
- Topgolf Boston - Canton3.912.8 mi
- Granite Links Golf Club4.69 mi
- Robert T. Lynch Municipal Golf Course3.95.9 mi
- George Wright4.57.6 mi
- Newton Commonwealth Golf Course44.9 mi
- Encore Boston Harbor4.31.7 mi
- Burlington Mall4.410.2 mi
- Prudential Center Boston4.51.6 mi
- Quincy Market4.51.6 mi
- Faneuil Hall Marketplace4.51.5 mi
- Boston Logan International Airport4.13.7 mi
- Park Shuttle & Fly4.53.6 mi
- The Lounge3.43.4 mi
- DaCoopas Pizza4.12.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major retail and dining destination serving the East Cambridge area.
Scenic waterfront park providing green space and walking paths.
World-class science museum located on the border of Cambridge and Boston.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.