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Housing in Cumberland, Maine

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Housing - Updated September, 2011
HousingCumberland, MEUnited States
Median Home Age30.735.1
Median Home Cost$303,000$175,100
Home Appreciation-1.89%-3.15%
Homes Owned77.78%59.90%
Housing Vacant15.04%10.37%
Homes Rented7.18%29.73%
Property Tax Rate$15.24$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0000.00%2.65%
$20,000 to $39,9990.30%3.76%
$40,000 to $59,9990.34%4.99%
$60,000 to $79,9990.19%6.01%
$80,000 to $99,9990.90%7.27%
$100,000 to $149,9995.80%19.24%
$150,000 to $199,99910.43%14.67%
$200,000 to $299,99936.61%18.09%
$300,000 to $399,99916.98%9.14%
$400,000 to $499,99913.54%4.94%
$500,000 to $749,9999.69%5.42%
$750,000 to $999,9993.48%2.03%
$1,000,000 or more1.76%1.77%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 200517.54%13.71%
1995 to 199810.13%8.54%
1990 to 19947.50%5.77%
1980 to 198913.79%13.87%
1970 to 197910.35%16.17%
1960 to 196912.80%11.70%
1950 to 19595.90%11.08%
1940 to 19492.24%6.02%
1939 or Earlier19.75%13.15%

The median home value in Cumberland, ME, is $303,000. Home appreciation is -1.89% over the last year. The median age of Cumberland, ME, real estate is 31 years.

Cumberland, ME Apartments and Rentals

Renters make up 7.18% of the Cumberland, ME, population. 15.04% of houses and apartments in Cumberland, ME, are unoccupied (vacancy rate).


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