Cumberland, IN Foreclosures
Current Market Conditions in in Cumberland, IN As of February 2026?
Over the past month, the real estate market in Cumberland has continued its upward trajectory, with properties selling quickly due to a limited inventory. Many homes are receiving multiple offers, reflecting a competitive environment in which interested buyers are eager to secure their ideal home. This trend is particularly evident in family-friendly neighborhoods where amenities and quality schools are abundant. The average home price has increased slightly, highlighting the growing desirability of the area.
How much do homes sell for in Cumberland, IN?
The average home price is currently $301,236.
In Cumberland, IN, how many homes are available?
There are currently 1 active home listings available in Cumberland.
What’s the average rental cost in Cumberland, IN?
The average rental price in Cumberland is $1,316.
What is the most expensive home in Cumberland?
The most expensive home sold in Cumberland had a price of $883,340.
What is currently the cheapest priced home in Cumberland, IN?
The cheapest home for sale in Cumberland is priced at $91,472.
Living in Cumberland, IN
Cumberland, IN, is a delightful suburb located just east of Indianapolis, perfect for families and individuals looking for a peaceful community close to a bustling city. It offers excellent schools, local amenities, and plenty of outdoor recreational options. With easy access to major highways, both Indianapolis and its suburbs are within reach, making life convenient for residents.
Buyer vs Seller Market in Cumberland, IN
The current real estate market in Cumberland is experiencing a steady growth, with properties attracting attention from both first-time homebuyers and investors. The demand for homes is high, particularly for single-family residences, which contributes to rising prices. This trend is supported by a steady influx of new residents drawn to the area's appealing lifestyle and proximity to Indianapolis.
Cumberland has seen a surge in new construction projects, with many builders capitalizing on the growth potential in the area. This increase in new homes is helping to meet the demand from homebuyers while providing diverse options for different budgets and preferences.
Home Value Estimator For Cumberland, IN
There are currently 402 real estate properties
in Cumberland, IN,
with a median automated valuation model (AVM) price
of $268,784.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cumberland, IN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cumberland, IN,
is $301,236.00, with the most expensive house
in Cumberland, IN, topping out
at $883,340.00 and the cheapest home
in Cumberland, IN,
clocking in at $91,472.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cumberland, IN!
Rent Prices
In Cumberland, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cumberland, IN, is on
a rollercoaster ride. The
average rent price in Cumberland, IN,
is $1,316.00. Indeed, when looking to rent in
Cumberland, IN, you can expect to pay as little
as $700.00 or as much
as $2,850.00,
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, IN
-- 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.
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