A place close to my heart!
Here are the listings at Realtor.com for the area...
Cambridge, NE, Real Estate Listings and Cambridge, NE, Homes for Sale - REALTOR.com®
There are at least a couple places in town for sale by owner and a lot in town has a Century 21 sign.
My farming neighbor and I were talking the other day and I'm quite certain that he would be willing to sell some old farmstead acreage within 5 miles of town... he has at least 3 of them that I know of. The thing about this type property is that the fire department should be called to start with for a training exercise to get rid of old buildings, but you would get an established wind break that way with a small amount of land... 2 to 5 acres I'd guess depending on location. There are several windbreaks around the area that I think farmers might be willing to sell instead of having delapidated buildings on.
This is farming country! Between cows and corn, you would be surrounded by a different kind of neighbor than most people are used to. The town has a public library, several eateries, a couple gas stations, convenience store, two new car dealerships, 3 banks, a city park including pool, good grocery store and more. If you like to hunt and fish, the area is perfect with Medicine Creek Recreation and Wildlife Management areas within 10 miles of town.
The town has a new ethanol plant which I've heard a couple people complain about the odors, but most people seem to like the smell. We don't get it at our place 4 miles out of town. There is a noon whistle and hiking trail along the creek in town. The golf course is one of the longest in the country. There are several churches, a senior center that serves great food, and the line to vote is never very long. Last election we waited for a whole 2 minutes! The town has it's own airport, but no scheduled service and I'd guess its use is primarily associated with agricultural spraying.
There are no traffic lights in town... yet. There has been talk of putting one in where state highway 47 intersects US 6 & 34 as this is where truck traffic from the ethanol plant is heaviest, but so far there seems to not be the need.
What town doesn't have that I wish it had was a good hardware store, but one of the best I've been in is only 15 miles away in Indianola, with a pretty good lumber yard located in Bartley.
If you are looking for a great small community, I couldn't recommend anyplace better. The only downside of living in the country I can think of is we seem to get a lot of insects. There seems to be a different bug of the week that shows up during the summer, but we bought an old farmhouse and I'm still tring to figure out where the little buggers are getting in at. We have deer in the yard regularly as well as wild turkey and pheasants. I have not seen a quail here yet, but bunnies are abundant as are coyotes.
Hope this helps!