Cambridge just celebrated a major milestone with the ribbon cutting for Phase 1 of its Waterfront Development Project—bringing new public waterfront access, walking paths, green space, and gathering areas to the city.
Secretary of Housing & Community Development Jacob Day joined Dorchester Chamber of Commerce, Dorchester Tourism, Dorchester County Economic Development and local leaders to celebrate a project that's been years in the making.
So why does this matter if you're thinking about buying a home? Cambridge, in Dorchester County, is still one of Maryland's most affordable housing markets.
You can still find homes under $300,000—well below Maryland's median home price.
Just a few years ago, many of these same homes sold for under $200,000. As investment, redevelopment, and demand continue to grow, prices are already trending upward.
If you've been waiting for an affordable waterfront city that has accessible public water access with long-term potential, this is one to watch.
