Why Live in Cambridge Oaks
Cambridge Oaks in Fort Wayne offers several types of housing options, including homes, condos, apartments and retirement communities. The neighborhood is characterized by its large ranch-style and split-level homes, with new construction and condos primarily in the northern half. While amenities within Cambridge Oaks are limited, nearby shopping options include Target and Kroger, both 2 miles away. Northcrest Shopping Center is 5 miles away and offers stores like Dick’s Sporting Goods and Best Buy. Nearby dining options include Casa Grille Italiano and Casa Grande. Outdoor enthusiasts can visit the 47-acre Mengerson Nature Reserve. Kreager Park offers a playground, splash pad and sports facilities. Fitness centers like Planet Fitness and Catalyst Fitness are also within 1 mile of the neighborhood. Fred H. Croninger Elementary, a highly rated school, serves students in the area, who then progress to Blackhawk Middle and Northrop High. The neighborhood is 7 miles from Downtown Fort Wayne, with a 15-minute drive or a 50-minute bus ride via Citilink buses. Medical facilities include an Indiana University Health Urgent Care in the neighborhood and Lutheran Downtown Hospital just over 1 mile away.
Frequently Asked Questions
Is Cambridge Oaks a good place to live?
Cambridge Oaks is a good place to live. Cambridge Oaks is considered car-dependent and somewhat bikeable with minimal transit options. Cambridge Oaks is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Cambridge Oaks has 6 parks for recreational activities. It is somewhat dense in population with 6.2 people per acre and a median age of 42. The average household income is $75,021 which is below the national average. College graduates make up 25% of residents. A majority of residents in Cambridge Oaks are home owners, with 21.9% of residents renting and 78.1% of residents owning their home. A
local real estate agent serving Cambridge Oaks can help you decide if this neighborhood is the right one for you. Learn more on our
Cambridge Oaks neighborhood guide.
Is Cambridge Oaks, IN a safe neighborhood?
Cambridge Oaks, IN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Cambridge Oaks?
The median home price in Cambridge Oaks is $264,900. If you put a 20% down payment of $53,000 and had a 30-year fixed mortgage with an interest rate of 6.51%, your estimated principal and interest payment would be $1,340 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K a year to afford the median home price in Cambridge Oaks. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Cambridge Oaks is $75K.
What are the best public schools in Cambridge Oaks?
The best public schools that serve Cambridge Oaks are:
What are the best private schools in Cambridge Oaks?
The best private schools that serve Cambridge Oaks are:
What are the most popular zip codes in Cambridge Oaks, Fort Wayne, IN?
What are the most popular neighborhoods near Cambridge Oaks, Fort Wayne, IN?
Are home prices dropping in Cambridge Oaks?
Yes, home prices in Cambridge Oaks are down 3% in the last 12 months.
Home Trends in Cambridge Oaks, IN
On average, homes in Cambridge Oaks, Fort Wayne sell after 30 days on the market compared to the national average of 58 days. The median sale price for homes in Cambridge Oaks, Fort Wayne over the last 12 months is $260,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$260,000
Median Single Family Sale Price
$277,000
Median Townhouse Sale Price
$247,500
Median 2 Bedroom Sale Price
$237,500
Average Price Per Sq Ft
$137
Number of Homes for Sale
0
Last 12 months Home Sales
19
Median List Price
$264,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-1%