23040 Home Values & Market Trends
There are 88 homes currently listed for 23040. 23040 real estate market trends show that home prices range from $49,950 to $699,777, and the median sales price in the 23040 zip code is $352,896. The total number of properties sold within the past twelve months is 19. In 23040, 2 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
23040 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Cumberland | $ 352,896 $ 222/sqft |
Housing Market Summary for 23040
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $349.9K | $352.5K | 0.73% |
| Median Sold Price | $0 | $324.2K | - |
| Homes For Sale | 74 | 88 | 18.92% |
| Homes Sold | 0 | 6 | - |
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 23040
Browse Homes in 23040
The median list price of a home in Cumberland, is $352,896. A total of 88 properties are for sale, and the percentage of properties for sale in the zip code is 88.00%. The total count of 23040 properties is 98.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 23040 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 23040; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 23040 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 23040. There is 1 cities within 23040; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscumberland has 2 auction properties, the highest number of properties going to auction in a single city in the state of 23040. Auction homes and other auction properties account for 2.04% of all properties in 23040. There is 1 cities within 23040; of that cities, the median estimated home value for homes going to auction ranges from $175,599 in cumberland to the lowest value of $175,599 in cumberland.
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More Real Estate Resources for 23040
Guide for 23040
Virginia Foreclosure Laws
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.