Cumberland County, VA Housing

Cumberland, VA County offers a median housing value of $230,300, which is significantly lower than the US median housing value of $338,100. In the past year, house appreciation in Cumberland has increased by 18.69%, which is higher than the national average of 8.27%. This means that homes in Cumberland are appreciating at a faster rate than other areas of the country and could be an attractive option for potential buyers looking to invest in real estate.

The median home cost in Cumberland County is $230,300. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Cumberland County is up 13.8%.

Average Age of Homes

- The median age of Cumberland County real estate is 33 years old

The Rental Market in Cumberland County

- Renters make up 20.9% of the Cumberland County population
- 0.7% 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cumberland, Virginia	United States
	4,638.0	139,647,020.0
	41	42
	$230,300	$338,100
	13.8%	16.6%
	45.5%	57.0%
	64.6%	101.1%
	$7.01	$10.98
	$1,193	$2,690
	66.3%	57.4%
	14.0%	11.2%
	19.8%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.4%	0.4%
	1.9%	3.6%
	10.2%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	3.7%	2.4%
	3.8%	2.8%
	4.8%	3.9%
	6.8%	4.5%
	17.6%	11.3%
	25.6%	13.0%
	13.7%	20.1%
	10.6%	13.6%
	6.9%	8.3%
	0.7%	9.7%
	1.5%	3.9%
	0.4%	2.2%
	1.3%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.5%	13.6%
	10.5%	13.6%
	19.4%	13.6%
	15.6%	13.2%
	17.9%	14.8%
	19.4%	13.6%
	3.5%	10.0%
	6.1%	4.7%
	9.6%	12.2%

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