Cumberland County, NC Home Values & Market Trends

The median home price in Cumberland County, NC is $202,130.42. 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 1,028, and the percentage of properties for sale is 1028.00%. The county has 119 foreclosures, 10 bank owned properties, 39 headed for auction, and 1,028 properties for sale.

Cumberland County, NC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Fayetteville

$ 219,900

$ 136/sqft

Wade

$ 400,000

$ 145/sqft

Hope Mills

$ 270,000

$ 134/sqft

Falcon

$ --

$ --

Spring Lake

$ 300,000

$ 142/sqft

Fort Bragg

$ --

$ --

Stedman

$ 295,367

$ 132/sqft

Pope Army Airfield

$ --

$ --

Linden

$ 296,579

$ 120/sqft

Housing Market Summary for Cumberland County, NC

Apr 2023March 2024Change
Median Listing Price$226.6K$202.6K-10.60%
Median Sold Price$191.6K$202.6K5.75%
Homes For Sale85795811.79%
Homes Sold3,0652,459-19.77%
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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%.

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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.

Foreclosure
There are 9 cities within Cumberland County, NC; within these cities, the median estimated home value for homes in foreclosure ranges from $261,130 in Fayetteville to the lowest value of $34,858 in Fayetteville. Foreclosure homes account for 0.00% of properties in Cumberland County, NC with Fayetteville containing 91 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in Cumberland County, NC with Fayetteville containing 52 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 Owned
    The 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.
  • Auctions
    Fayetteville has 32 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 $430,581 in Hope Mills to the lowest value of $73,060 in Hope Mills.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.07% of residential properties in Cumberland County, NC with Fayetteville containing 836 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Cumberland County, NC; homes for sale in those cities, have a range of median values from $445,000 in Wade to the lowest value of $19,945 in Fayetteville.
    Sold Homes
    The median value for recently sold homes ranges from $432,341 in Linden to the lowest price of $22,141 in Linden. There are 9 cities within Cumberland County, NC. Fayetteville has 2081 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.74% of properties in Cumberland County, NC.

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      Guide for Cumberland County, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.