Cumberland County, NC Home Values & Market Trends
The median home price in Cumberland County, NC is $202,138.52. There were 6,654 home sales in Cumberland County, NC over the past 12 months. The median residential Cumberland County, NC home value for transactions over the previous year is $190,354.253. The number of current listings in Cumberland County, NC is 1,027, and the percentage of properties for sale is 1027.00%. The county has 116 foreclosures, 10 bank owned properties, 37 headed for auction, and 1,027 properties for sale.
Cumberland County, NC Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Fayetteville | $ 220,000 $ 136/sqft | Wade | $ 400,000 $ 145/sqft |
| Hope Mills | $ 271,023 $ 134/sqft | Falcon | $ -- $ -- |
| Spring Lake | $ 300,000 $ 141/sqft | Fort Bragg | $ -- $ -- |
| Stedman | $ 295,367 $ 132/sqft | Pope Army Airfield | $ -- $ -- |
| Linden | $ 296,579 $ 120/sqft |
Housing Market Summary for Cumberland County, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $226.6K | $202.6K | -10.60% |
| Median Sold Price | $191.6K | $202.6K | 5.75% |
| Homes For Sale | 857 | 958 | 11.79% |
| Homes Sold | 3,065 | 2,459 | -19.77% |
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, NC
Browse Homes in Cumberland County, NC
Cumberland County, NC home values range from $18,114 to $4,229,386. Wade is the priciest city with a median listing home price of $375,000, and Falcon is most affordable with average house prices of around $125,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in Cumberland County, NC with Fayetteville containing 51 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Cumberland County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $470,958 in Spring Lake to the lowest home value of $34,858 in Fayetteville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cumberland County, NC ranges from the highest value of $363,977 in Stedman to the lowest value of $66,160 in Fayetteville. Bank owned homes and properties account for 0.01% of properties in Cumberland County, NC. There are 9 cities within Cumberland County, NC; Fayetteville containing 7 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsFayetteville has 30 auction properties, the highest number of properties going to auction in a single city in the state of Cumberland County, NC. Auction homes and other auction properties account for 0.04% of all properties in Cumberland County, NC. There are 9 cities within Cumberland County, NC; of those cities, the median estimated home value for homes going to auction ranges from $368,500 in Spring Lake to the lowest value of $73,060 in Spring Lake.
Compare Nearby Cities
More Real Estate Resources for Cumberland County, NC
Guide for Cumberland County, NC
North Carolina Foreclosure Laws
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