Zip 21502 (Cumberland, MD) Housing

The housing market in 21502 Cumberland, MD is particularly strong. The median value of homes is $138,000, a solid amount lower than the US house median value of $338,100. The one-year house appreciation rate for the US as a whole is 8.27%, but in 21502 Cumberland, MD it is even higher at 17.95%. This indicates that the area is particularly desirable and can be said to have a booming real estate market.

The median home cost in Cumberland (zip 21502) is $138,000. Home appreciation the last 10 years has been 29.3%. Home Appreciation in Cumberland (zip 21502) is up 11.6%.

Average Age of Homes

- The median age of Cumberland (zip 21502) real estate is 63 years old

The Rental Market in Cumberland (zip 21502)

- Renters make up 26.6% of the Cumberland (zip 21502) population
- 2.3% of houses and apartments in Cumberland (zip 21502), 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, Maryland	United States
	19,460.0	139,647,020.0
	65	42
	$138,000	$338,100
	11.6%	16.6%
	33.2%	57.0%
	29.3%	101.1%
	$12.51	$10.98
	$1,702	$2,690
	58.0%	57.4%
	14.3%	11.2%
	27.7%	31.4%
Vacant Housing
	2.3%	1.9%
	0.1%	0.4%
	1.4%	0.7%
	0.4%	0.4%
	1.8%	3.6%
	8.3%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	3.9%	2.4%
	4.7%	2.8%
	7.0%	3.9%
	12.6%	4.5%
	25.9%	11.3%
	23.3%	13.0%
	11.3%	20.1%
	4.5%	13.6%
	2.2%	8.3%
	1.3%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.3%	13.6%
	3.3%	13.6%
	4.9%	13.6%
	6.5%	13.2%
	12.2%	14.8%
	4.9%	13.6%
	13.9%	10.0%
	8.3%	4.7%
	33.7%	12.2%

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