The story of this market
The typical home in ZIP 55008 sells for about $336,000, or $267 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,325 a month.
ZIP 55008 — Cambridge
The housing market in 55008 remains stable with steady demand and moderate price growth. Low inventory levels continue to support home values, though buyers are increasingly sensitive to interest rates and affordability constraints.
This ZIP is ideal for families and commuters seeking a balance between suburban affordability and access to the Twin Cities, offering a quieter, community-focused lifestyle.
Median prices moved up 3.3% year over year.
Homes spend a median of 40 days on market with 3.0 months of supply — a fast-moving market.
15% 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 2.6% · poverty 8.9% — 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 7.5%/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 6.0%/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 55008, Isanti County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Cambridge area remain relatively low compared to the broader Twin Cities metropolitan region, with property crime being the primary concern.
The area is served by Cambridge-Isanti Schools, which generally maintains a stable reputation for providing quality public education in a suburban-rural setting.
The region faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risks primarily localized to areas near the Rum River.
Economic momentum is driven by the expansion of the Cambridge government and service sectors, alongside steady residential development catering to commuters.
Property taxes are assessed by Isanti County based on market value, with rates influenced by local school district levies and municipal service requirements.
Residents primarily commute via MN-65 toward the northern Twin Cities suburbs, with average commute times reflecting the distance to major employment hubs.
The area features access to the Rum River for water activities, several local parks, and proximity to regional trails and golf courses.
The rental market is characterized by low vacancy rates and steady demand, with limited new multi-family supply keeping upward pressure on rents.
The local economy is anchored by government services, healthcare, and retail, with many residents commuting to the Twin Cities for employment.
Transportation is heavily reliant on private vehicles, with MN-65 serving as the primary arterial corridor for regional connectivity.
Development is focused on modest residential expansion and infrastructure improvements to support the growing population.
The Isanti County Assessor manages property valuations, focusing on annual market adjustments to ensure equitable taxation.
Parcels are subject to Cambridge-Isanti School District levies and local municipal utility assessments.
Property insurance premiums are stable, though coverage for wind and hail damage remains a standard consideration for homeowners.
Data derived from US Census Bureau and Data USA profiles for Isanti County.
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.
Provides recreational opportunities including kayaking and fishing.
Central community space with playgrounds and picnic areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.