Cumberland RI Market Activity Report 2025

Cumberland Market Update – See the Numbers

Cumberland, RI Real Estate Snapshot

Quick take: price, pace, and leverage

Fast facts buyers and sellers can use today

Cumberland is currently a seller’s market in Cumberland with 1.85 months of inventory, a 101.4% sold-to-list price ratio, and a median 19 days to go under contract (July 2025, all residential).

Months of Inventory (Lower = More Competitive)1.85

Sold-to-List Price %101.4%

Median Days (to offer)19

Data source: RPR® Market Trends, July 2025. See Cumberland market insights.

Prices Right Now

What homes are listing and selling for

Simple benchmarks to set expectations

The median list price in Cumberland ended July 2025 at $575,000 (end-of-month snapshot). The median sold price for July 2025 was $507,500.

Median List Price$575K

Median Sold Price$507.5K

Values reflect single-family + condo/townhouse/apt. Data last updated 7/31/2025.

Home Values Trend

Are values moving up or down?

12-month and month-over-month movement

The median estimated property value sits at $541,670, up +1.4% MoM and +5% YoY (July 2025). This model tracks alongside county, state, and U.S. benchmarks shown in the report’s long-term chart.

Median Est. Value: $541,670 MoM: +1.4% YoY: +5%

What’s Been Selling Lately

Price brackets, sizes, and $/SF

Past 3 months of closed sales (distribution)

Most recent sales landed in the $400K–$500K range (29 sales), followed by $500K–$600K (18) and $600K–$700K (12). Price-per-square-foot clustered around $300–$350 and $350–$400 per sq. ft., with common home sizes in the 1,200–1,600 and 2,200–2,400 sq. ft. ranges. Explore Cumberland sold homes and local comps.

$400K–$500K: 29 sales $500K–$600K: 18 $600K–$700K: 12 $300–$400/SF (most) 1,200–1,600 & 2,200–2,400 SF

Activity Flow: New, Pending, Closed

How listings move through the market

End-of-month snapshot + recent changes

Recent activity shows properties moving to pending in roughly ~11–17 median days, with recent closings ranging from about $215,000 up to $700,200 in the latest sample set. Browse current listings in Cumberland or see what’s under contract.

Median Days to Pending: ~11–17 Recent closes: ~$215K–$700.2K

Rentals at a Glance

For renters and investor check-ins

Last 3 months of for-lease and leased

New residential leases commonly listed around $1,750–$3,500/mo with many offers in the $2–$3 per sq. ft. range; median time on market for recent leases often fell between ~29–57 days. See Cumberland rentals.

Neighborhood & Livability

Everyday life basics (objective stats)

Commute, climate, home age, and index

The AARP Livability™ Index for ZIP 02864 is 49/100. County-level context shows a typical ~26-minute commute, around ~45 inches of annual rainfall and ~43 inches of annual snowfall. The median home age in Cumberland is 51 years.

AARP Index: 49/100 Commute ~26 min Rain ~45″ · Snow ~43″ Median Home Age: 51 yrs

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