Foreclosure Homes in Cumberland, IA

Current Market Conditions in Cumberland, IA

Cumberland's real estate market shows a stable growth trend with an increasing interest from homebuyers seeking affordable housing options. The town's unique charm and rural setting continue to attract families and retirees alike, contributing to demand for homes in the region.

In recent months, there's been a noticeable rise in the number of homes sold, indicating a healthy market. Prices remain reasonably affordable compared to urban areas, with various options available, from older homes needing some updates to new constructions tailored for modern living.

Rent Prices In Cumberland, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cumberland, IA, is on a rollercoaster ride. The average rent price in Cumberland, IA, is $1,187.00. Indeed, when looking to rent in Cumberland, IA, you can expect to pay as little as $700.00 or as much as $1,960.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Cumberland, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.