Cumberland, RI

Seller's market+3.7% YoY

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

Homes for sale in Cumberland

There are currently 48 homes listed for sale in Cumberland, Ri. The median listing price is $562K.

Active listings

48

Homes on market

Median list price

$562K

Avg. days on market

34

Days until sale

New this week

18

Newly listed

Price drops:18.8%of listings
Sale-to-list:99.7%

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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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