Cumberland Hill, RI is a great place to live for those looking for a more affordable housing option. The median value of houses in Cumberland Hill is $345,400 - significantly lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Cumberland Hill has been 10.78%, higher than the 8.27% rate seen nationwide. With its low cost of living and high appreciation ratings, this neighborhood is an attractive option for those looking to purchase a house.
The median home cost in Cumberland Hill is $345,400. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Cumberland Hill is up 16.0%.
Average Age of Homes
- The median age of Cumberland Hill real estate is 41 years old
The Rental Market in Cumberland Hill
- Renters make up 18.5% of the Cumberland Hill population
- 0.0% of houses and apartments in Cumberland Hill, 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.