Cumberland, IN

Balanced market-32.2% YoY

Housing market overview · Updated weekly

$234,000median sale price

Homes sold

16

Last 12 weeks

Days on market

71

Average pace

Active listings

29

1.8 months supply

Sale-to-list

94.8%

Below asking

The Cumberland housing market is currently classified as a balanced market with a median sale price of $234,000. Prices have fallen 32.2% compared to last year, with homes spending an average of 71 days on market, indicating 1.8 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

Homes for sale in Cumberland

There are currently 29 homes listed for sale in Cumberland, Indiana. The median listing price is $269K.

Active listings

29

Homes on market

Median list price

$269K

Avg. days on market

71

Days until sale

New this week

6

Newly listed

Price drops:37.9%of listings
Sale-to-list:94.8%

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Frequently asked questions

What is the average home price in Cumberland?

The median home sale price in Cumberland is $234,000, down 32.2% from last year.

How long do homes stay on market in Cumberland?

Homes typically spend 71 days on market before going under contract.

Is Cumberland a buyer's or seller's market?

With 1.8 months of supply, Cumberland is currently a balanced market.

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