Cumberland, RI Home Values & Market Trends
Real estate market trends reflect that there have been 531 transactions over the past year in Cumberland. The median value for residential home transactions that occurred over the previous year is $554,115. The number of current listings in Cumberland is 448, and the percentage of properties for sale in the city is 448.00%. Cumberland, RI currently has 6 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 448 properties for sale.
Cumberland, RI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 02864 | $ 554,115 $ 361/sqft |
Housing Market Summary for Cumberland, RI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $499.9K | $539.8K | 7.99% |
| Median Sold Price | $528K | $509.8K | -3.45% |
| Homes For Sale | 277 | 447 | 61.37% |
| Homes Sold | 185 | 175 | -5.41% |
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, RI
Browse Homes in Cumberland, RI
Cumberland home values range from $220,305 to $1,706,645. The median estimated value of a home in Cumberland is $554,115. The median list price of a home is 539,864, and the total count of properties in the city is 634.
- Pre-ForeclosurePre-foreclosure homes account for 0.32% of all residential properties in Cumberland, RI with 02864 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cumberland, RI; of that zips, the estimated home value for pre-foreclosure homes ranges from $552,016 in 02864 to the lowest home value of $440,803 in 02864.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cumberland, RI ranges from the highest value of $552,588 in 02864 to the lowest value of $552,588 in 02864. Bank owned homes and properties account for 0.16% of properties in Cumberland, RI. There is 1 zips within Cumberland, RI; 02864 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions02864 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Cumberland, RI. Auction homes and other auction properties account for 0.47% of all properties in Cumberland, RI. There is 1 zips within Cumberland, RI; of that zips, the median estimated home value for homes going to auction ranges from $662,432 in 02864 to the lowest value of $305,730 in 02864.
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Guide for Cumberland, RI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
