Property prices for sale in Cumberland (Maryland)

The prices in real estate in Cumberland, in the Maryland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$94,581.33
Average price last 6 months
$171
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cumberland has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $419. In the following month the price per sq.feet decreased considerably to $235. The price for the following two months in (July, August) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 23 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $230.25 to $52.5 during September, and October.

Average price

Based upon to the price in Cumberland (cities), these have remained the same in the last 6 months. The average price for May is $98,447. During June the price had a slight fall till $89,463. In the following two months the average price has remained the same with regard to the previous two months from $93,955 to $96,227. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $95,091 and $93,562 between September and October.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $96,042 they are 29 % more affordable than the average price for Cumberland. The properties with the highest average price have 4 bedrooms, Their price is 103 % more costly than the average. After that we have properties with 2 bedrooms priced at $99,315.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $53 / sq.feet, with an average $61 / sq.feet price in Cumberland. The properties with the highest average prices have 4 bedrooms. They are 390 % more expensive than the average followed by properties with 2 bedrooms with a price at $64 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $96,042 it is 44 % cheaper than the average price in Cumberland. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $99,120 it is 4 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $42 / sq.feet followed by "House" priced at $60 / sq.feet. "Land" is the most costly type of property with a $166 / sq.feet cost followed by "House" with an average price of $60 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Cumberland
Number of properties used in region Maryland
$96,042
$61
2,522
178,796
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
2 Bedroom Home For Rent At 110 Arch St, Cumberland, Md 21502
 8
2 Bedroom Home For Rent At 110 Arch St, Cumberland, Md 21502
$750
Cumberland, Maryland - For Rent - House - 2 bedrooms - 1 bathroom
2 br single family home in south cumberland - laminate flooring in lr kitchen with all appliances cac nice yard single car garage...
3 Bedroom Home For Rent At 217 Saratoga St, Cumberland, Md 21502
 13
3 Bedroom Home For Rent At 217 Saratoga St, Cumberland, Md 21502
$995
Cumberland, Maryland - For Rent - House - 3 bedrooms - 1 bathroom
3br/1.5 b home located in westside neighborhood - no pets allowed 3br/1.5 b home located in westside neighborhood
616 Elm St 1 Bedroom Apartment For Rent At 616 Elm St, Cumberland, Md 21502
 7
616 Elm St 1 Bedroom Apartment For Rent At 616 Elm St, Cumberland, Md 21502
$550
Cumberland, Maryland - For Rent - Apartment - 1 bedroom - 1 bathroom
1 br apartment close to downtown, wmhs, ac - lr 12x15 dr 5x 20 kit 10x12 br 11.6x13.7 1 br apartment close to downtown, wmhs, ac - lr 12x15 dr 5x 20 kit 10x12...
1027 Penhurst 1 Bedroom Apartment For Rent At 1027 Penhurst St, Cumberland, Md 21502
 6
1027 Penhurst 1 Bedroom Apartment For Rent At 1027 Penhurst St, Cumberland, Md 21502
$625
Cumberland, Maryland - For Rent - Apartment - 1 bedroom - 1 bathroom
1 br/1b apartment in fort hill neighborhood - lr eat in kitchen bath bedroom office or hobby room hard wood floors and some carpet. Shared yard no pet property...
2 Bedroom Apartment For Rent At 14001 Bedford Road Northeast #9f, Cumberland, Md 21502
 10
2 Bedroom Apartment For Rent At 14001 Bedford Road Northeast #9f, Cumberland, Md 21502
$849
Cumberland, Maryland - For Rent - Apartment - 950 sq.feet - 2 bedrooms - 1 bathroom
Virtual tour & self showings available* live. Enjoy. Comfort make your way to this renovated 2br in baltimore, md. Cape cod style house at monte vista...