Is Inman Square in Cambridge, MA a buyer’s or seller’s market for condos and townhomes?

Inman Square is a seller-leaning market overall, but the condo segment is more balanced than it was at the 2022 peak. That gives buyers of condos and townhomes in Cambridge, MA more room to negotiate than in recent years. Single-family homes remain especially scarce, while condos offer more strategic entry points. Current condo conditions include a 30.14% absorption rate and 3.32 months of supply.

How much do condos in Inman Square, Cambridge, MA sell for compared with the asking price?

Condos in Inman Square typically close at about 98.8% to 99.4% of list price. That is a more measured market than the earlier period when condos were routinely closing at 102.52% of asking. By comparison, single-family homes in Cambridge are still averaging 102.04% of asking price. Well-updated townhomes or condos with deeded parking and private outdoor space can still attract bidding wars.

How fast are condos and townhomes selling in Inman Square, Cambridge, MA?

Condos in Inman Square are averaging about 78 to 80 days on market. That is slower than the 36-day pace seen in 2022, creating a less frantic environment for many buyers. Even so, turnkey homes in strong walkable locations can receive preemptive offers within 48 hours. Speed still depends heavily on pricing, condition, and amenities.

What price range should buyers expect for condos and townhomes in Inman Square, Cambridge, MA?

The typical price window in Inman Square runs from about $700,000 to $1.4 million. The average condo price is around $1.25 million. That places the neighborhood firmly in a higher-cost Cambridge, MA market. Buyers looking for value often focus on condos, where negotiation leverage has improved.

Is Inman Square, Cambridge, MA good for commuting young professionals?

Inman Square has a strong live-work-play balance supported by heavy commuter activity. The neighborhood records about 7,904 inbound commuters and 7,484 outbound commuters each day. That near balance reflects steady movement between Inman Square and major job centers such as Boston and Kendall Square. For young professionals, commute patterns are a major part of the neighborhood’s appeal.

How can buyers improve affordability when purchasing a condo in Inman Square, Cambridge, MA?

Buyers can improve affordability by focusing on the growing condo inventory and targeting listings that have been on the market for more than 30 days. Those sellers are often more open to price adjustments or concessions. Flexible terms can also strengthen a buyer’s position without increasing the offer price as aggressively. In the current market, leverage often comes from timing and negotiation strategy rather than simply bidding over asking.

Are schools or family-focused amenities in Inman Square, Cambridge, MA highlighted as major reasons to buy?

The strongest documented drivers in Inman Square are its condo and townhome market dynamics, walkability, and commuter convenience for young professionals. The neighborhood is also noted for its live-work-play balance and access to local destinations. No specific school data or family-amenity rankings are provided here. Buyers prioritizing schools or family-focused features would need neighborhood-specific school information in addition to current housing market data.

Inman Square Real Estate Market: Condo Pulse 2026 | Cambridge, MA

Strategic Real Estate Guide to Inman Square: Condos and Townhomes for Young Professionals

Is Inman Square a Buyer's or Seller's Market for Condos and Townhomes?

Inman Square is a segment market right now. Single-family homes remain firmly in seller's territory, while the condo landscape is discreetly shifting - giving young professionals more negotiating room than they've had in years. If you're buying or selling in this corner of Cambridge, the difference between a smart deal and an expensive mistake comes down to understanding the micro-data.

When I work with clients eyeing Cambridge, Inman Square is often a top contestant. The live-work-play balance here is real, not just a marketing phrase. The numbers confirm it; the neighborhood draws 7,904 inbound commuters daily - professionals arriving for work - alongside 7,484 outbound residents heading toward Boston or Kendall Square.

Inman Square Commuter Flow

Inbound and outbound commuter counts underscore Inman Square's urban, work-connected character. The nearly balanced flow supports the neighborhood's appeal for professionals who want a live-work-play environment.

Source:Days on Market: 1.2M, Sale Price: 2

That density of young professionals creates fierce demand for turnkey properties. Active listings across Cambridge have fluctuated, but Inman Square's sweet spot typically falls between $700K and $1.4M. Single-family homes are genuinely scarce here, which keeps that segment locked in seller's market conditions. Condos, though, are a different story - and that's where strategic buyers can find their opening.

Cambridge Residential Market Snapshot — April 2026

Headline residential metrics for Cambridge tailored to a fast-moving market read: pricing, pace, and available inventory by property type. A market snapshot is the right format here because the card mixes currency, percentage, and count data.

Single Family

Avg. Sale Price (2026)$3,536,250

Sale Price as % of List102.04%

Active Listings19

Condo

Avg. Sale Price (2026)$1,247,991

Sale Price as % of List98.83%

Active Listings118

Multi-Family

Avg. Sale Price (2026)$2,233,533

Sale Price as % of List96.86%

Active Listings24

Source:Cambridge MA Real Estate Market: April 2026 Update - Santana Team

Whether you're starting your morning with an espresso at Broadsheet Coffee Roasters or commuting into the city, the appeal of this neighborhood isn't hard to understand. What's harder is positioning yourself to actually win a property here. That work starts long before you walk into an open house.

How Much Over Asking Do Condos Sell For in Inman Square?

Single-family homes in Cambridge are still closing at a premium - roughly 102.04% of asking price. Condos, however, have settled into a more measured range, with units typically selling between 98.8% and 99.4% of list price. Knowing that baseline is essential before you draft your first offer.

Average Sale Price by Property Type — Cambridge 2026

A clean pricing comparison across Cambridge residential segments. For young professionals, this quickly shows condos as the main urban entry point versus much higher single-family pricing.

Source:Cambridge MA Real Estate Market: April 2026 Update - Santana Team

The "Win Number" in Inman Square looks very different than it did a few years ago. At the 2022 peak, condos were routinely closing at 102.52% of asking, and buyers were waiving every contingency just to stay competitive. Today, the average condo price sits at $1.25M, and the negotiation table is far more balanced.

Condo Segment Shift: 2022 vs 2026

This comparison highlights how Cambridge's condo market has cooled from its 2022 peak: absorption fell, supply rose, sale-to-list softened, and time on market lengthened. It is especially relevant for young professionals focused on condo buying conditions.

2022

2026

Source:Cambridge MA Real Estate Market Guide 2026

That said, averages only tell part of the story. A meticulously updated townhome, or a condo with deeded parking and private outdoor space, can still spark a bidding war. In those situations, the Win Number isn't purely about price - it's about terms. Escalation clauses used strategically, combined with flexible closing timelines, can edge out competing offers without simply throwing more cash at the seller.

How Fast Are Homes Selling in the Inman Square Market?

Property type drives everything when it comes to market speed. Multi-family homes are moving in roughly 60 days, while condos are averaging 78 to 80 days on market. For buyers, that velocity - or lack of it - should be shaping how urgently you act.

Days on Market by Property Type — Cambridge 2026

Market speed varies by segment, with multi-family trading fastest and condos taking longest to move. This is useful for buyers and sellers trying to gauge competition in Cambridge's active urban market.

Source:Cambridge MA Real Estate Market: April 2026 Update - Santana Team

An 80-day average sounds relaxed compared to the blistering 36 days we saw in 2022, but complacency is still a risk. Turnkey condos in high-demand corridors - particularly those within walking distance of neighborhood anchors like Oleana - routinely attract preemptive offers within 48 hours of hitting the market.

Every buyer I tour with in Inman Square hears the same thing from me: pre-approval and immediate viewing availability are non-negotiable. When a property is priced right and presented well, the window to negotiate closes fast. Hesitation doesn't just cost you the deal - it costs you leverage.

How Can Buyers and Sellers Maximize Negotiation Leverage in Inman Square?

Buyers should be targeting the growing condo inventory and leaning on flexible terms to gain an edge. Sellers, meanwhile, need to price with precision - strategic positioning just below market value is what triggers competition and protects your exit leverage.

Strategic Advice for Buyers:

The data is working in your favor right now, at least in the condo segment. The absorption rate has fallen from a frenzied 95.37% in 2022 to a much cooler 30.14% today, and months of supply has expanded to 3.32. You have options - use them. Rather than leading with your ceiling price, use your leverage to negotiate favorable terms. Properties that have been sitting for 30 days or more are particularly worth targeting; those sellers are typically more open to price reductions or concessions to close the deal.

Strategic Advice for Sellers:

The days of listing at any price and waiting for multiple offers to roll in are over. With condo inventory sitting longer, every listing needs to be treated like a product launch - deliberate, polished, and precisely positioned. Pricing just a fraction below comparable sales creates urgency without leaving money on the table. Presentation matters enormously: staging, photography, and first impressions have to be flawless. If your property crosses the 80-day average without an offer, your negotiating power erodes quickly. Price sharply from the start, execute with precision, and let market competition do the rest.