$2,862 Closing Credit*
$241,000
1,621 SqFt
4 Beds
•2 Full Baths
Listing Office: Lpt Realty Llc
Is Cumberland County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Cumberland County has remained a Seller's Market.
Key Takeaway
Cumberland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cumberland County, NC
How much do homes in Cumberland County, NC cost?
Median Sold Price
$240,138
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$8,736(+3.8%)
Key Takeaway
Homes in Cumberland County have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Cumberland County was $240,138 in August 2024, up 3.8% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $76.5K | $78K | +2.0% |
| 2 Bedrooms | $121.5K | $129.9K | +7.0% |
| 3 Bedrooms | $201.7K | $219.1K | +8.6% |
| 4 Bedrooms | $315.4K | $324K | +2.7% |
| 5+ Bedrooms | $398.7K | $418.1K | +4.9% |
Summary: Cumberland County housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 4.9%.
Median Sold Price Compared To Nearby Counties
| Moore County | $424.9K | $450.2K | +6.0% |
| Harnett County | $307.5K | $319.9K | +4.1% |
| Cumberland County | $231.4K | $240.1K | +3.8% |
| Sampson County | $241.4K | $247.9K | +2.7% |
| Hoke County | $280K | $287K | +2.5% |
Housing Supply in Cumberland County, NC
How many homes are available in Cumberland County, NC?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1,724 | 1,648 | -4.4% |
Summary: The Cumberland County real estate market had 1,648 homes for sale in August 2024, a 4.4% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 128 | 110 | -14.1% |
| 3 Bedrooms | 939 | 909 | -3.2% |
| 4 Bedrooms | 528 | 501 | -5.1% |
| 5+ Bedrooms | 121 | 121 | 0.0% |
Summary: The Cumberland County housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 14.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 444 | 385 | -13.3% |
Asking Price vs. Sold Price
178 Homes Were Sold
Under Asking
134 Homes Were Sold
At Asking
73 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cumberland County, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 385 homes were sold or pending in Cumberland County in August 2024, down by 13.3% month-over-month. Of the 385 sold homes, 46% were sold under asking, 35% were sold at asking, and 19% were sold over asking.
Days on Market for Cumberland County, NC
How long does it take to sell a home in Cumberland County, NC?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 55 Days | 34 Days | -37.3% |
Summary: Homes in Cumberland County had an average of 34 days on market in Aug 2024, down by 37.3% compared to last year.
Breakdown of Home Sale Times
256 Homes Were Sold
Under 30 Days
96 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cumberland County are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 385 homes were sold in Cumberland County; 66% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.