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Featured local agent — Cumberland Hill, RI
Sarah Mitchell
Compass Real Estate · Cumberland Hill, RI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cumberland Hill, RI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$560,000median sale price
How is the Cumberland Hill, RI housing market right now?
The median home sale price in Cumberland Hill, RI is $560,000, up 20.4% year-over-year. Homes sell in an average of 16 days with 15 active listings. The market is currently a 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 Hill a buyer's or seller's market?
Cumberland Hill, RI is currently a seller's market, based on 2.1 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
16
Fast-moving
Active listings
15
2.1 months supply
Sale-to-list
99.9%
Below asking
What does the Cumberland Hill housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $560,000 |
| Median list price | $529,450 |
| Year-over-year price change | +20.4% |
| Average days on market | 16 days |
| Active inventory | 15 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 99.9% |
| Median price per sq ft | $256/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 14 |
| Listings with a price cut | 40.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Cumberland Hill by property type?
How the Cumberland Hill, 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 | $578,250 | $267/sq ft | 4 | 8 days |
| Condo / Co-op | $352,500 | $245/sq ft | 2 | 48 days |
| Townhouse | $495,000 | $246/sq ft | 1 | 55 days |
Source: Redfin · Updated monthly
The Cumberland Hill housing market is currently classified as a seller's market with a median sale price of $560,000. Prices have risen 20.4% compared to last year, with homes spending an average of 16 days on market, indicating 2.1 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 Hill
There are currently 15 homes listed for sale in Cumberland Hill, Rhode Island. The median listing price is $529K.
Active listings
15
Homes on market
Median list price
$529K
Avg. days on market
16
Days until sale
New this week
14
Newly listed
Who lives in Cumberland Hill?
Population
8,638
Median income
$131,006/yr
Median age
40.6 years
Owner-occupied
85.4%
College grads
46.8%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Cumberland Hill?
Cumberland Hill is a community of approximately 9K residents with a median age of 40.6 years.The median household income is $131,006, which reflects a relatively affluent area with strong earning potential. 46.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cumberland Hill offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Cumberland Hill, RI?
Want a head-to-head view? Compare Cumberland Hill side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cumberland Hill?
The median home sale price in Cumberland Hill is $560,000, up 20.4% from last year.
How long do homes stay on market in Cumberland Hill?
Homes typically spend 16 days on market before going under contract.
What is the median income in Cumberland Hill?
The median household income is $131,006 per year.
Is Cumberland Hill a buyer's or seller's market?
With 2.1 months of supply, Cumberland Hill is currently a seller's market.
What is the median condo price in Cumberland Hill?
The median condo/co-op sale price in Cumberland Hill, RI is $352,500, compared to $578,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cumberland Hill?
The median single-family home price in Cumberland Hill, RI is $578,250 (about $267 per square foot).
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