The median home in Cumberland County listed for $299,706 in August, flat to the previous month’s $305,100, an analysis of data from Realtor.com shows .
Compared to August 2023, the median home list price decreased 4.1% from $312,475.
The statistics in this article only pertain to houses listed for sale in Cumberland County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.fayobserver.com .
Cumberland County’s median home was 1,896 square feet, listed at $155 per square foot. The price per square foot of homes for sale is up 2.2% from August 2023.
Listings in Cumberland County moved slowly, at a median 50 days listed compared to the August national median of 53 days on the market. In the previous month, homes had a median of 41 days on the market. Around 464 homes were newly listed on the market in August, a 4.5% decrease from 486 new listings in August 2023.
The median home prices issued by Realtor.com may exclude many, or even most, of a market’s homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.