Cumberland market outlooks

Latest

Monthly Pulse — August 2026

The average residential sale price in Cumberland fell 5.3% between the May and July 2026 data periods, a decline of $37,962 to $683,308. The median sale price sat at $635,000 over the same July 2026 period, while the broader average home price registered $632,200 as of June 2026. Detached homes averaged $720,000 and townhomes $550,700 in the June 2026 data, with condos at $384,500. Days on market stood at 58 in the latest snapshot, with only 0.8% of six homes sold clearing list price. Average rent held at $2,179 as of June 2026—a factor for investors weighing yield against softening resale values.