New Weakening in Home Sales for Cumberland Real Estate Market

The Cumberland market may be experiencing a pronounced pullback as sales slumped again this week by 35.7% to nine homes sold over the last 30 days. The median sales price dropped to $62,900, down from last week's $63,950. Cumberland is a definite buyer's market with 22 months of inventory to choose from, aided by the downturn in sales.

Looking for an affordable home? Check out these inexpensive listings in Cumberland:

$105K   $105K   $105K  

Get started right now by checking out Cumberland homes for sale or reviewing Cumberland real estate trends.

Demographic facts about Cumberland:

  • The total number of households here is 9,223.
  • The area's unemployment rate is 7.5%.
  • Schools spend an average of $6,576 for each student in this area. ($5,691 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
United Country-White Home Team LLC
Snapped 1 home in this area
Perry Wellington Realty, LLC
Snapped 2 homes in this area

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