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Featured local agent — Cumberland, RI
Sarah Mitchell
Compass Real Estate · Cumberland, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cumberland, RI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$590,000median sale price
How is the Cumberland, RI housing market right now?
The median home sale price in Cumberland, RI is $590,000, up 13.0% year-over-year. Homes sell in an average of 22 days with 58 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cumberland a buyer's or seller's market?
Cumberland, RI is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
37
Last 12 weeks
Days on market
22
Average pace
Active listings
58
1.6 months supply
Sale-to-list
101.4%
Above asking
What does the Cumberland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $590,000 |
| Median list price | $549,900 |
| Year-over-year price change | +13.0% |
| Average days on market | 22 days |
| Active inventory | 58 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 101.4% |
| Median price per sq ft | $287/sq ft |
| Homes sold (latest month) | 37 |
| New listings (latest month) | 51 |
| Listings with a price cut | 29.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Cumberland by property type?
How the Cumberland, RI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $576,250 | $290/sq ft | 28 | 21 days |
| Condo / Co-op | $600,000 | $286/sq ft | 7 | 78 days |
| Townhouse | $495,000 | $246/sq ft | 1 | 55 days |
Source: Redfin · Updated monthly
The Cumberland housing market is currently classified as a strong seller's market with a median sale price of $590,000. Prices have risen 13.0% compared to last year, with homes spending an average of 22 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Cumberland
There are currently 58 homes listed for sale in Cumberland, Rhode Island. The median listing price is $550K.
Active listings
58
Homes on market
Median list price
$550K
Avg. days on market
22
Days until sale
New this week
51
Newly listed
What are homes worth in Cumberland?
Zillow home value
$528,986
Zillow rent index
$2,160/mo
Price-to-rent ratio
20.4x
Source: Zillow Research
Which public schools serve Cumberland?
13 schools tracked · 6,328 students
The largest public schools serving Cumberland, RI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cumberland High School
Grades 9-12 · 1,418 students
Community School
Grades K-5 · 672 students
North Cumberland Middle
Grades 6-8 · 631 students
Joseph L. McCourt MS
Grades 6-8 · 461 students
John J. McLaughlin Cumberland
Grades K-5 · 431 students
Blackstone Valley Prep E. 2
Grades K-4 · 414 students
Blackstone Valley Prep High
Grades 9-12 · 410 students
Blackstone Valley Prep
Grades K-4 · 406 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cumberland, RI?
Want a head-to-head view? Compare Cumberland side-by-side with any other U.S. city using our market-comparison tool.
Is Cumberland a good real estate investment market?
For investors evaluating Cumberland, the price-to-rent ratio of 20.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 13.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cumberland's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cumberland's median home price.
Frequently asked questions
What is the average home price in Cumberland?
The median home sale price in Cumberland is $590,000, up 13.0% from last year.
How long do homes stay on market in Cumberland?
Homes typically spend 22 days on market before going under contract.
Is Cumberland a buyer's or seller's market?
With 1.6 months of supply, Cumberland is currently a strong seller's market.
What is the Zillow home value estimate for Cumberland?
The Zillow Home Value Index (ZHVI) for Cumberland is $528,986, representing the typical home value in the area.
What is the median condo price in Cumberland?
The median condo/co-op sale price in Cumberland, RI is $600,000, compared to $576,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cumberland?
The median single-family home price in Cumberland, RI is $576,250 (about $290 per square foot).
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