Housing Prices in Cumberland, OH
How much do homes in Cumberland, OH cost?
Median List Price
$239,900
$127/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Cumberland has increased by 60% since last year.
Summary: The median home list price in Cumberland was $239,900 in May 2024, up 60% from the previous year, and the median price per square foot was $127.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $134.9K | $182.9K | +35.5% |
| 3 Bedrooms | $140K | $149.9K | +7.1% |
| 4 Bedrooms | $299K | $375K | +25.4% |
| 5+ Bedrooms | $167.4K | $1.0M | +501.8% |
Summary: Cumberland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 501.8%.
Median List Price Compared To Nearby Cities
| Cumberland | $149.9K | $239.9K | +60.0% |
| Spencer Township | $189.9K | $284.9K | +50.0% |
Housing Supply in Cumberland, OH
How many homes are available in Cumberland, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Cumberland real estate market had 5 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cumberland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Cumberland, OH
How long does it take to sell a home in Cumberland, OH?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 99 Days | 84 Days | -15.2% |
Summary: Homes in Cumberland had an average listing age of 84 days in May 2024, down by 15.2% compared to the previous year.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.