Cumberland Real Estate Market

Cumberland Market

The median sale price for homes in Cumberland over the last 12 months is $87,000.


The median mortgage debt is $49,575.

Additional Statistics for Single Family Homes and Condos in Cumberland, MD
$125,610
Median Listing Price
113
Median Days on Market
279
Active Listings
4.3%
Distressed Listings
(foreclosures and short sales)
Cumberland, MD Price Trends - Sold vs. Listed
The median list price in May for single family homes in Cumberland is $124,900. The list prices increased by 0.8% from the previous month.

The price per square foot for listings in this area is $93.

The median sale price in December for single family homes is $81,500. The sale prices increased by 53.77% from the previous month.

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Cumberland, MD Market Inventory Trends

The number of active listings in Cumberland increased by 0.7% from the previous month.

The median number of days active properties have been listed is 112.

The number of sales in December dropped by 39.1% from the previous month.

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Cumberland, MD Property Ownership

The percent of owner occupied properties in Cumberland is 14.66% below the national average.

The percent of rental properties in Cumberland is 16.01% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.