Cumberland, ME—04110
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Cumberland, ME
Home Price Trends — Cumberland, ME
As of Oct '25, the median home price in Cumberland, ME is $940,000, with a year-over-year change of -2.6%. This indicates that home prices in Cumberland, ME are decreasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $940,000 | -2.6% |
| Single Family | $1,226,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $882,000 | -2.8% |
4 Bed | $1,235,000 | -3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cumberland, ME
As of July '25, Rentcast reports the average rent in Cumberland, ME is $2,100, with a year-over-year rent change of 20.0%. Per bedroom, the median rent as of July '25 in Cumberland, ME is 1-bedrooms: $2,100. The most common rental property sizes in Cumberland, ME are 1-bedroom and 4-bedroom, accounting for 88.6% and 11.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,100 | $2,100 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cumberland, ME
As of Oct '25, Realtor.com reports that the median days on market for a home in Cumberland, ME is 49. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,050,000 | 73.0% |
Listing Count | 9 | 118.0% |
| Listings as % of Homes | 6.4% | 118.0% |
Days on Market | 49 | 9.0% |
Demographics — Cumberland, ME
As of the latest ACS Survey released in 2023, Cumberland, ME has a population of 1,920, which has increased by 39.7% over the past 5 years. Cumberland, ME is a moderately popular place for families, as children make up 17.7% of the population. The area has a highly educated workforce, with 75.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,920 | 39.7% |
% Under 18 | 17.7% | -8.8% |
% Seniors | 36.1% | 19.9% |
% WFH | 18.5% | -13.1% |
% w/ College Degree | 75.1% | -0.4% |
As of the latest ACS Survey released in 2023, Cumberland, ME is a predominantly white area, with 92.1% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Cumberland, ME is hispanic, making up 6.8% of the population. Foreign-born residents account for 6.3% of the population in Cumberland, ME, and this percentage has increased by 26.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.1% | -4.2% |
% Black | 0.0% | N/A |
% Hispanic | 6.8% | 74.4% |
% Asian | 1.1% | ∞% |
% Foreign Born | 6.3% | 26.0% |
Mortgage and Risk — Cumberland, ME
Cumberland, ME lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Cumberland, ME
Cumberland, ME lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $2,100 | $1,880 |
| 2 Bedroom | N/A | N/A | $2,420 |
| 3 Bedroom | N/A | N/A | $2,970 |
| 4 Bedroom | N/A | N/A | $3,330 |
Affordability — Cumberland, ME
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $940,000 |
| Median Household Income | $188,000 |