Cumberland, RI
Housing market overview · Updated weekly
$520,000median sale price
Homes sold
22
Last 12 weeks
Days on market
34
Average pace
Active listings
48
2.2 months supply
Sale-to-list
99.7%
Below asking
The Cumberland housing market is currently classified as a seller's market with a median sale price of $520,000. Prices have risen 3.7% compared to last year, with homes spending an average of 34 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Cumberland?
The median home sale price in Cumberland is $520,000, up 3.7% from last year.
How long do homes stay on market in Cumberland?
Homes typically spend 34 days on market before going under contract.
Is Cumberland a buyer's or seller's market?
With 2.2 months of supply, Cumberland is currently a seller's market.
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