Cumberland County, ME Real Estate & Property Data

Cumberland County Real Estate Market Trends
Last Updated: March 19, 2024

With up-to-date real estate data get detailed insight into Cumberland County, ME sourced from the nation’s leading property data provider. The current median home price in Cumberland County, ME is $495,000. Cumberland County real estate data shows that there have been a total of 4,859 residential properties sold over the past 12 months. ATTOM’s Cumberland County real estate data indicates that the county has 15 properties in foreclosure and 1 REOs (real estate bank owned) properties.

Cumberland County Real Estate Market Trends
Total Residential Properties 111,293
Total Commercial Properties 6,792
Avg. Home Age (Single Family Home) 48 Years
Avg. Square Feet (Single Family Home) 1,692
Total 2024 Residential Sales (year-to-date) 286
% of Homes Seriously Underwater (Q1 2024) 0.51%
Total 2023 Residential Sales 4,573
% of Equity Rich Homes (Q1 2024) 52.36%
Effective 2023 Property Tax 0.87%
Total Foreclosure Filings (year-to-date) 15
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Cumberland County, ME Real Estate Overview

There were 4,859 residential properties sold in the past year in Cumberland County, ME. The median home value in Cumberland County, ME is $538,512. There are a total of 111,293 residential properties in the Cumberland.

Median Sales Price i
$495,000
(Jan 2024)
+21%
year-over-year
y-o-y
  • January '24 Jan '24 $495,000
  • December '23 Dec '23 $478,150
  • November '23 Nov '23 $449,000
  • October '23 Oct '23 $525,000
  • September '23 Sep '23 $537,450
  • August '23 Aug '23 $530,000
  • July '23 Jul '23 $502,250
  • June '23 Jun '23 $531,250
  • May '23 May '23 $505,000
  • April '23 Apr '23 $500,000
  • March '23 Mar '23 $450,000
  • February '23 Feb '23 $433,700
Median Down Payment i
$85,000
(Jan 2024)
+51.8%
year-over-year
y-o-y
  • January '24 Jan '24 $85,000
  • December '23 Dec '23 $93,144
  • November '23 Nov '23 $75,500
  • October '23 Oct '23 $124,400
  • September '23 Sep '23 $125,750
  • August '23 Aug '23 $122,800
  • July '23 Jul '23 $119,000
  • June '23 Jun '23 $103,600
  • May '23 May '23 $99,000
  • April '23 Apr '23 $100,000
  • March '23 Mar '23 $75,550
  • February '23 Feb '23 $69,250
Number of Homes Sold i
286
(Jan 2024)
-6.2%
year-over-year
y-o-y
  • January '24 Jan '24 286
  • December '23 Dec '23 297
  • November '23 Nov '23 384
  • October '23 Oct '23 501
  • September '23 Sep '23 422
  • August '23 Aug '23 482
  • July '23 Jul '23 473
  • June '23 Jun '23 399
  • May '23 May '23 437
  • April '23 Apr '23 326
  • March '23 Mar '23 329
  • February '23 Feb '23 218
Number of Purchase Loans i
149
(Jan 2024)
-15.8%
year-over-year
y-o-y
  • January '24 Jan '24 149
  • December '23 Dec '23 168
  • November '23 Nov '23 203
  • October '23 Oct '23 294
  • September '23 Sep '23 230
  • August '23 Aug '23 293
  • July '23 Jul '23 271
  • June '23 Jun '23 232
  • May '23 May '23 254
  • April '23 Apr '23 170
  • March '23 Mar '23 182
  • February '23 Feb '23 131
Number of REFI Loans i
199
(Jan 2024)
+14.4%
year-over-year
y-o-y
  • January '24 Jan '24 199
  • December '23 Dec '23 194
  • November '23 Nov '23 208
  • October '23 Oct '23 258
  • September '23 Sep '23 242
  • August '23 Aug '23 257
  • July '23 Jul '23 234
  • June '23 Jun '23 260
  • May '23 May '23 286
  • April '23 Apr '23 220
  • March '23 Mar '23 222
  • February '23 Feb '23 152
Number of HELOC Loans i
97
(Jan 2024)
-27.6%
year-over-year
y-o-y
  • January '24 Jan '24 97
  • December '23 Dec '23 105
  • November '23 Nov '23 116
  • October '23 Oct '23 123
  • September '23 Sep '23 151
  • August '23 Aug '23 145
  • July '23 Jul '23 163
  • June '23 Jun '23 134
  • May '23 May '23 170
  • April '23 Apr '23 160
  • March '23 Mar '23 140
  • February '23 Feb '23 95

Cumberland County, ME Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Cumberland County, ME Foreclosure Activity

There were a total of 15 Cumberland County, ME properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 8 Cumberland County, ME properties and repossessed 1 Cumberland County, ME properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
15
(Jan 2024)
+36.4%
year-over-year
y-o-y
  • January '24 Jan '24 15
  • December '23 Dec '23 21
  • November '23 Nov '23 8
  • October '23 Oct '23 11
  • September '23 Sep '23 17
  • August '23 Aug '23 8
  • July '23 Jul '23 11
  • June '23 Jun '23 16
  • May '23 May '23 19
  • April '23 Apr '23 15
  • March '23 Mar '23 10
  • February '23 Feb '23 7
Foreclosure Starts i
8
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 8
  • December '23 Dec '23 17
  • November '23 Nov '23 6
  • October '23 Oct '23 8
  • September '23 Sep '23 12
  • August '23 Aug '23 5
  • July '23 Jul '23 11
  • June '23 Jun '23 12
  • May '23 May '23 16
  • April '23 Apr '23 10
  • March '23 Mar '23 8
  • February '23 Feb '23 5
Completed Foreclosures (REOs) i
1
(Jan 2024)
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
  • February '23 Feb '23 1
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