Cumberland County, ME Home Values & Market Trends
The median home price in Cumberland County, ME is $542,407.39. There were 4,552 home sales in Cumberland County, ME over the past 12 months. The median residential Cumberland County, ME home value for transactions over the previous year is $443,737.234. The number of current listings in Cumberland County, ME is 70, and the percentage of properties for sale is 70.00%. The county has 68 foreclosures, 2 bank owned properties, 12 headed for auction, and 70 properties for sale.
Cumberland County, ME Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Portland | $ 755,837 $ 322/sqft | Cumberland Foreside | $ 1,050,000 $ 669/sqft |
| Scarborough | $ 909,500 $ 613/sqft | Raymond | $ -- $ -- |
| Brunswick | $ 425,894 $ 208/sqft | East Baldwin | $ -- $ -- |
| South Portland | $ 1,124,458 $ 539/sqft | West Baldwin | $ -- $ -- |
| Windham | $ 649,000 $ 237/sqft | Cape Elizabeth | $ -- $ -- |
| Gorham | $ 621,651 $ 261/sqft | Orrs Island | $ -- $ -- |
| Westbrook | $ 368,248 $ 347/sqft | Standish | $ -- $ -- |
| Freeport | $ 780,806 $ 382/sqft | Cliff Island | $ -- $ -- |
| Falmouth | $ 834,000 $ 263/sqft | Bridgton | $ -- $ -- |
| Casco | $ 440,111 $ 255/sqft | Steep Falls | $ -- $ -- |
| Yarmouth | $ 727,057 $ 388/sqft | Long Island | $ -- $ -- |
| New Gloucester | $ 520,621 $ 218/sqft | Bailey Island | $ -- $ -- |
| Sebago | $ 275,263 $ 358/sqft | Peaks Island | $ -- $ -- |
| Harpswell | $ 245,364 $ 255/sqft | Harrison | $ -- $ -- |
| Naples | $ 159,900 $ 235/sqft | Bustins Island | $ -- $ -- |
| North Yarmouth | $ 641,768 $ 432/sqft | Chebeague Island | $ -- $ -- |
| Gray | $ 315,862 $ 229/sqft | Cumberland Center | $ -- $ -- |
| Pownal | $ 470,325 $ 699/sqft |
Housing Market Summary for Cumberland County, ME
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $482K | $518.6K | 7.59% |
| Median Sold Price | $450K | $518.6K | 15.24% |
| Homes For Sale | 72 | 68 | -5.56% |
| Homes Sold | 1,742 | 1,821 | 4.54% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cumberland County, ME
Browse Homes in Cumberland County, ME
Cumberland County, ME home values range from $28,385 to $22,761,842. Yarmouth is the priciest city with a median listing home price of $1,700,000, and Naples is most affordable with average house prices of around $160,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in Cumberland County, ME with Westbrook containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 35 cities within Cumberland County, ME; of those cities, the estimated home value for pre-foreclosure homes ranges from $504,296 in Cumberland Foreside to the lowest home value of $135,000 in Casco.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cumberland County, ME ranges from the highest value of $442,000 in Scarborough to the lowest value of $442,000 in Westbrook. Bank owned homes and properties account for 0.00% of properties in Cumberland County, ME. There are 35 cities within Cumberland County, ME; Westbrook containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsWindham has 3 auction properties, the highest number of properties going to auction in a single city in the state of Cumberland County, ME. Auction homes and other auction properties account for 0.01% of all properties in Cumberland County, ME. There are 35 cities within Cumberland County, ME; of those cities, the median estimated home value for homes going to auction ranges from $733,691 in Standish to the lowest value of $278,945 in Standish.
Compare Nearby Cities
More Real Estate Resources for Cumberland County, ME
Guide for Cumberland County, ME
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