Cumberland, IA is a great place to live with a median housing value of $118,300, which is significantly below the US median of $338,100. In the last year alone, house prices in Cumberland have appreciated by 11.61%, much greater than the 8.27% appreciation across the country as a whole. With such strong growth combined with an already affordable housing market, now is an excellent time to purchase or invest in property in Cumberland.
The median home cost in Cumberland is $118,300. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Cumberland is up 15.1%.
Average Age of Homes
- The median age of Cumberland real estate is 78 years old
The Rental Market in Cumberland
- Renters make up 30.8% of the Cumberland population
- 0.0% of houses and apartments in Cumberland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.