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Cumberland Market Trends

Today, November 28, 2009

Median Sales Price in Cumberland

Embed Info
1 yr 5 yr Max
Cumberland median sales prices
Number of sold homes in Cumberland
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$87,900+21.2%$85,000$72,500$53,550
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Cumberland Summary

The median sales price for homes in Cumberland MD for Aug 09 to Oct 09 was $87,900. This represents an increase of 3.4%, or $2,900, compared to the prior quarter and an increase of 21.2% compared to the prior year. Sales prices have appreciated 64.1% over the last 5 years in Cumberland.

The average listing price for Cumberland homes for sale on Trulia was $151,999 for the week ending Nov 18, which represents an increase of 1.9%, or $2,898, compared to the prior week and an increase of 3.2%, or $4,726, compared to the week ending Oct 28. Average price per square foot for Cumberland MD was $70, an increase of 11.1% compared to the same period last year.

 

Average Listing Price in Cumberland

Embed Info
1 yr 5 yr Max
Cumberland average property price
Cumberland – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom-----
2 bedrooms$85,822-1.1%$86,760$87,264$85,130
3 bedrooms$142,121+2.3%$138,980$136,826$139,328
4 bedrooms$187,316+4.4%$179,376$175,478$178,637
All properties$151,999+1.9%$149,101$146,012$147,273
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Average Price Per Sqft for Homes in Cumberland

Embed Info
1 yr 5 yr Max
Cumberland average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$70+11.1%$74$63$48
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Homes for Sale in Cumberland

503 Magruder Street, Cumberland MD
503 Magrud…
$258,500
3 br  2 full 2 partial ba
203 Wallace Street, Cumberland MD
203 Wallace…
$115,000
4 br  1 ½ ba
704 Frederick Street, Cumberland MD
704 Freder…
$115,000
4 br  2 ba
311 Valley Street, Cumberland MD
311 Valley…
$49,000
4 br  3 ba
554 Braddock Avenue, Cumberland MD
554 Braddo…
$120,000
3 br  1 ba
217 Decatur Street, Cumberland MD
217 Decatur…
$162,900
3 br  2 ½ ba
View all Cumberland Homes for Sale
 
Stats & Trends
Cumberland

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 21501
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Nearby Cities

Cities
Median
sales price
Average
listing price
Corriganville
$72,000
$220,967
Flintstone
$117,500
$752,576
Ellerslie
$125,000
$297,400
Cresaptown
$92,250
$23,900
Lavale
$143,950
$189,376
Mount Savage
$190,000
$330,832
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Advice

Recent Q&A in Cumberland, MD

Q: Has the historic district of downtown Cumberland seen any decline in home values, do they remain stable over Be the first to answer
Q: My question relates to loss of value. 4 answers
Q: We bought a weekend home in Cumberland, Md., 10 months ago. It is a two-bedroom, 1 1/2 bath, on a 1 answer
Q: I need to lower my home payments for couple years. Are there any banks that do 40yr notes on $320,000? 1 answer
Q: What's the trend in Frostburg, MD? It's a college town. Will home price follows tuition? Up, up, up??? 4 answers

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Nearby Cities Real Estate

  • Corriganville Real Estate
  • Flintstone Real Estate
  • Ellerslie Real Estate
  • Cresaptown Real Estate
  • Lavale Real Estate
  • Mount Savage Real Estate

Nearby Cities Sold Homes

  • Corriganville Sold Homes
  • Flintstone Sold Homes
  • Ellerslie Sold Homes
  • Cresaptown Sold Homes
  • Lavale Sold Homes
  • Mount Savage Sold Homes

Nearby Cities Home Prices

  • Corriganville Home Prices
  • Flintstone Home Prices
  • Ellerslie Home Prices
  • Cresaptown Home Prices
  • Lavale Home Prices
  • Mount Savage Home Prices

Cumberland Stats & Trends

  • Cumberland Real Estate Overview
  • Cumberland Schools
  • Cumberland Community Info
  • Cumberland Home Prices
  • Cumberland Real Estate
  • Cumberland Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Cumberland real estate market. Find Cumberland properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Cumberland average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Cumberland housing statistics are available for each Cumberland, MD neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.