Cumberland, IL County is an excellent place to live with regards to housing. The median value of a home in the county is $109,800 which is significantly lower than the US median of $338,100. Furthermore, house values have appreciated by 9.73% in one year, higher than the 8.27% appreciation rate nationwide. These factors make Cumberland an attractive option for potential homeowners looking for a great value in their next purchase.
The median home cost in Cumberland County is $109,800. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Cumberland County is up 9.4%.
Average Age of Homes
- The median age of Cumberland County real estate is 44 years old
The Rental Market in Cumberland County
- Renters make up 16.8% of the Cumberland County population
- 0.6% of houses and apartments in Cumberland County, 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.