Cumberland Hill, RI

Strong seller's market+7.1% YoY

Housing market overview · Updated weekly

$490,000median sale price

Homes sold

10

Last 12 weeks

Days on market

25

Average pace

Active listings

11

1.1 months supply

Sale-to-list

101.0%

Above asking

The Cumberland Hill housing market is currently classified as a strong seller's market with a median sale price of $490,000. Prices have risen 7.1% compared to last year, with homes spending an average of 25 days on market, indicating 1.1 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 Hill

There are currently 11 homes listed for sale in Cumberland Hill, Rhode Island. The median listing price is $494K.

Active listings

11

Homes on market

Median list price

$494K

Avg. days on market

25

Days until sale

New this week

8

Newly listed

Price drops:36.4%of listings
Sale-to-list:101.0%

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Frequently asked questions

What is the average home price in Cumberland Hill?

The median home sale price in Cumberland Hill is $490,000, up 7.1% from last year.

How long do homes stay on market in Cumberland Hill?

Homes typically spend 25 days on market before going under contract.

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

With 1.1 months of supply, Cumberland Hill is currently a strong seller's market.

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