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Foreclosure Homes in Cumberland, KY

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Hwy-3451-Dayhoit-KY-40824
Preforeclosure

Hwy 3451
Dayhoit, KY 40824

3 Bed | 1 Bath | 1,292 Sq. Ft.

W-highway-72-Harlan-KY-40831
Bankruptcy
$53,550 EMV

W Highway 72
Harlan, KY 40831

Howard-dr-Putney-KY-40865
Bankruptcy

Howard Dr
Putney, KY 40865

Highway-215-Evarts-KY-40828
Bankruptcy

Highway 215
Evarts, KY 40828

Ray-ave-Harlan-KY-40831
Bankruptcy
$164,932 EMV

Ray Ave
Harlan, KY 40831

S-us-highway-119-Baxter-KY-40806
Bankruptcy

S Us Highway 119
Baxter, KY 40806

34 East-hwy-221-Bledsoe-KY-40810
Fixer Upper
$45,000 List Price

East Hwy 221
Bledsoe, KY 40810

3 Bed | 1 Bath

20 Ward-dr-Harlan-KY-40831
Fixer Upper
$16,000 List Price

Ward Dr
Harlan, KY 40831

4 Bed | 2 Bath

9 Ward-dr-Harlan-KY-40831
Foreclosure
$78,540 EMV

Ward Dr
Harlan, KY 40831

4 Bed | 1.5 Bath | 1,616 Sq. Ft.

Garrett-street-Dayhoit-KY-40824
Preforeclosure

Garrett Street
Dayhoit, KY 40824

Displaying 1 - 10 of 11

Foreclosure Homes in Cumberland, KY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cumberland, KY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cumberland, KY and much more. Save thousands at closing with home foreclosure listings in Cumberland, KY — up to 75% off market value!


Top Reasons To Live In Cumberland, KY In 2021

Cumberland is located in Harlan, Kentucky, with an estimated municipal population of 1,931 residents. All of the best foreclosed homes for sale in Cumberland are located in the following zip code areas on Foreclosure.com: 40823. The estimated population per square kilometer (.62 miles) in Cumberland is 239.


Cost Of Living In Cumberland, KY

So, about how much do homes cost in Cumberland? The most recent median value of resident-owned homes in Cumberland is 43,935. An estimated 52.2 percent of households in Cumberland own their homes, with an average family size of 3.09. The median household income in Cumberland is 19,250, with5.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cumberland, the median commute time of resident workers (in minutes) is 19.6. And last, but certainly not least, are you looking for homes to rent in Cumberland? If so, the average rent price paid by renters in Cumberland is 413, according to recent statistics.


Diversity And Demographics In Cumberland, Kentucky

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cumberland, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cumberland is 42.6, split between 45.3 percent male versus 54.7 female. The percentage of residents who report being married in Cumberland is 33.3, with an average family size of 3.09.

The percentage of residents who report their race in Cumberland is as follows:

White 97%
Black / African American 0.5%
Asian 0.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.1%
Other 0%

Looking for family-friendly neighborhoods in and/or near Cumberland? Or maybe you are searching for 55+ active adult communities in and/or near Cumberland?

The percentage of residents who report their age in Cumberland is as follows:

Under 10 11.6%
Aged 10-19 13.9%
20s 9.9%
30s 11.3%
40s 8.2%
50s 13.7%
60s 12.5%
70s 14%
80+ 4.9%

Best Schools In Cumberland, Kentucky

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cumberland with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cumberland.


Pros And Cons Of Living In Cumberland, Kentucky

How do you know that living in -- or moving to -- Cumberland is right where you need to be? Perhaps you grew up in Cumberland or already live nearby; therefore, the decision to buy a home in Cumberland is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cumberland for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cumberland:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cumberland.


Reasons To Move To Cumberland, Kentucky, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cumberland can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cumberland, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Cumberland, KY

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