Cumberland Maine Real Estate | Search all Comberland Homes and Condos for Sale
Maine Home Connection
Home Home About Us About Us Contact Us Contact Us
MHC MHC MHC MHC MHC MHC
Buyers Sellers Stats Maine Blog Properties
Explore Communities
Search All Properties
Weekly Video Updates
Your Home's Value
Waterfront Real Estate
Relocation Services
Featured Listings
Home Finance & Mortgage
Retirement in Maine
Real Estate Investing
Media Archive
Featured Properties
Enter a keyword to search the site

Features & Services
  
Your Home's Value
My Home's Value:
Receive a Report of  Your Home's Value 
New ConstructionNew Construction: 
Guidelines, Builders, Green Homes
Your Home's ValueMarket Conditions:
Current Home Sales Reports & Statistics 
Sold PropertiesSold Data:
View All Recent Home Sales History
Left-MarketingHome Marketing:
Maximum Exposure© Home Marketing 
  
...Manage Your Account
  
Login
Existing Users:
Login with your email address only
Existing UsersNew Users: 
Simple signup to view   all Maine properties.
Contact Us
Contact Us:  
Call or email us with your questions.
  
Newsletter Signup
 

Cumberland Maine Real Estate

Search for Homes & Condos for Sale | Community Profile

Cumberland is located just 15 minutes north of Portland. This suburb of Portland is one of the fast growing communities of Cumberland County.

Cumberland, MaineStretching from the coast of Casco Bay to the rolling inland hills made up of apple orchards, small family farms, pastures and horse land, Cumberland offers an easy commute to most major area employers, shopping and medical services yet provides a relaxed small-town atmosphere. 

Located just off the coast in Casco Bay is the charming island of Great Chebeague. This island was a part of the town of Cumberland until July 1, 2007, when it formed its own local government.

Educational Excellence

Cumberland boasts an outstanding school system which is known to excel in both academics and athletics. As part of MSAD 51, local schools include Wilson kindergarten, North Yarmouth and Drowne Rd elementary and Greely middle and high schools.  Cumberland's school budget is $6,517 per student compared to a national average of $5,691.  The student/teacher ratio is 12.3.

Cumberland Real Estate Sales

Cumberland real estate is unique in that it varies dramatically from the Cumberland Foreside with its coastal waterfront homes on Casco Bay, to its suburban neighborhoods and pastoral mini-estates to the west. Cumberland retains its rich farming history through the Cumberland Fair, one of the state’s largest agricultural fairs, which has been held yearly in since 1868.

A quick glance at properties for sale in Cumberland will reveal that the town has a wide variety of single family homes available, including some very expensive and exclusive properties.  Compared to other parts of southern Maine, Cumberland offers some very compellingly competitive prices for ocean front and ocean view homes.

 
 

2017 Sales - YTD Results Through April

  
 Prop
Type

Median Prices YTD
2017       |       2016 
 Unit Sales YTD
2017  |  2016 

Current
Inventory

%
U/C
          
  Homes $410,000$319,500 4148  54 55.5
  Condos $0$362,900  04 0 0
            
 All housing data has been compiled from research by Maine Home Connection using information from the Maine Real Estate Information System (MREIS) 


Rebounding from a sluggish year in 2015, Cumberland home sales set a new record at 188 units, representing a 24.5% improvement.This level of growth was more than double the state wide rate and well above results for the whole of Cumberland County.   Cumberland sales have increased in six of the last seven years, beginning in 2009.

The median sales price, however, decreased slightly in 2016 and ended the year at %360,219 – a marginal drop of 1.3%.  Like many communities just north of Portland, pricing over any specific time is also greatly influenced by the mix of properties that are under contract and their wide dispersion in selling prices.

In 2016 there was a considerably jump in homes sold over $1,000,000, as seven such transactions were completed at a median price of $2,300,000 versus only two in 2015 at a median price of $1,300,000.  There were 10 oceanfront properties sold in 2016 – the same number as in 2015, except that the median price of $652,000 was up 3.9.  Overall, the time to sell a home (DOM) was 35 in 2016.

Although increasing 25.0%%, condo sales remain a small part of the Cumberland real estate market at less than 10% of the total.  Land sales remained flat year-over-year as 24 parcels were sold in both 2016 and 2015, providing evidence that new construction remains a viable option in this community.

 
Cumberland Sales History
YearUnitsPrice
   
2016
188
$360219
2015
151
$364,900
2014167
$340,000
2013159$357,500
2012105
$336,000
201193
$300,000
201078
$261,150
200972
$286,502
200881
$355,000
200781
$345,000
200693
$367,500
200595
$349,000
   

Annual Homes Sales

Units-Cumberland 2015

Prices-Cumberland 2015


2016 Market Report
Downlad Results

2016 Market Report

Cumberland
Common Searches

Footer-Bird
Single Family
Footer-BirdCondos & Townhomes
Footer-Bird
Waterfront Properties
Footer-Bird
The Foreside

Cumberland Home Search

 

Property Type

More Search Options

 

 


                                                                              
 
Buying Your Home Heart and Mind Buyer Agency
Exclusive Services Agency Relationships Title Insurance
Home Buying Process Advice and Strategy
Affect of the Economy Determining A Price First Time Buyers Viewing Homes Second Homes Home Search Strategy Waterfront Real Estate
Common Forms
Selling Your Home Your Home's Value Home Marketing
Digital Photography High Definition Video Property Storyboard Virtual Staging Internet Marketing
Pricing Factors Advice and Strategy
Counteroffers Establishing a Price Listing Agreements Feng Shui Principles Considering Repairs Value of Improvement Choosing A Realtor Common Mistakes
Home Selling Process
Stats
Maine Maine History Maine Geography Maine Economy Maine Demographics Maine Education Maine Climate Maine Beaches
Maine Real Estate Blog
Search for Properties Hyper Local Search Preset Local Searches
Maine Communities Portland South Portland Scarborough Falmouth Cape Elizabeth Cumberland Yarmouth Old Orchard Beach Freeport Harpswell
Search For Homes Maine Map Search Detailed Property Search Search By Address Search By MLS Number
Weekly Video Updates
Home Valuation
Waterfront Real Estate Coastal Maine
Maine Coastal Properties
Maine Lakes
Maine Lake Properties
Maine Rivers Casco Bay Islands
Peaks Island Chebeague Island Great Diamond Island Long Island Cliff Island Cushing Island
Waterfront - FAQ's
Relocation Services Relocation Package Area Digital E-Guide Maine Counties Quality of Life Education and Schools Art and Culture Property Tax Rates Common Relocation FAQs Moving Long Distance
Mortgage Center Mortgage Types Credit Scoring Fee & Closing Costs Mortgage FAQs Tax Credit
Retirement in Maine Retirement Planning Retirement Communities Changing Demographics
Real Estate Investing Vacation Homes 1031 Tax Exchanges Condos and Townhomes Remodeling: Cost vs Value
Video Library