The story of this market
The typical home in Cumberland, Maine sells for about $608,213, or $350 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,365 a month.
Monthly price momentum
Home values since 2015
+6.8%
ME · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Cumberland, Maine
Cumberland's housing market remains robust, characterized by high demand and limited inventory, which continues to support price appreciation. The town's reputation for safety and its high-performing school district are the primary drivers of property value. While specific city-level historical tax and price data points are limited in public datasets, the market reflects the broader strength of the Southern Maine coastal region.
No ARED county foreclosure postings attributed to Cumberland yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 16.1% year over year.
Homes spend a median of 43 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 2.1% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A large municipal park offering extensive trails and athletic fields, serving as a central hub for community outdoor activities.
A prominent local golf facility that provides recreational space and contributes to the town's appeal for active residents.
The town's coastal border provides significant aesthetic and recreational value, influencing property demand and local lifestyle.
Cumberland is an ideal fit for family buyers seeking high-quality schools and a safe, community-oriented environment. It also attracts professionals commuting to Portland or Freeport who desire a coastal, small-town lifestyle with proximity to urban amenities.
The town is served by MSAD #51, a highly regarded school district that provides education for students in grades K-12. The district is known for its strong academic performance and is a primary driver of residential demand for families moving to the area.
The town is conveniently located 11 miles northeast of Portland and 11 miles southwest of Freeport, primarily accessed via regional highway corridors. Commuting is largely car-dependent, with residents relying on these routes for access to major employment centers.
Cumberland offers a robust amenity base centered on its coastal location and rural landscape. Residents have access to the Twin Brook Recreation Area, Val Halla Golf Course, and extensive waterfront access along Casco Bay, which support a high quality of life and outdoor-focused lifestyle.
The rental market in Cumberland is characterized by limited inventory and high demand, typical of affluent coastal suburbs near Portland. Vacancy pressure remains low, and the market is largely driven by long-term residential needs rather than short-term vacation rentals.
Cumberland's economy is largely residential, with most residents employed in the broader Portland metropolitan area. The town serves as a bedroom community, benefiting from the diverse industry mix of the nearby Portland and Freeport economic hubs.
Cumberland functions primarily as a residential community with strong ties to the Portland employment hub. Development momentum is characterized by steady, managed residential growth rather than large-scale industrial expansion, preserving the town's small-town character.
Development in Cumberland is focused on maintaining its historic and rural character while accommodating modest residential growth. There are no major industrial or large-scale commercial projects currently dominating the planning pipeline.
The town is served by MSAD #51, which encompasses both Cumberland and North Yarmouth. Property owners are subject to local municipal taxes and school district levies as determined by the annual budget process.
Cumberland is widely recognized as one of the safest communities in Maine, consistently reporting low crime rates that compare favorably to regional and state averages. The town maintains a community-oriented atmosphere that emphasizes public safety and local engagement.
Cumberland faces standard coastal Maine climate risks, including winter storm impacts and potential flood exposure in low-lying areas near Casco Bay. Property insurance markets remain stable, though owners are encouraged to verify specific flood zone designations for individual parcels.
Property insurance in the region is generally stable, though coastal properties may see adjustments based on specific flood and wind risk assessments. Market health remains consistent with broader Southern Maine trends.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maine) — Maine Resident Homestead Property Tax Exemption: Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
Data retrieved from data.census.gov for Cumberland town, Maine.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.