The housing market in Cumberland Center, ME (zip code 04021) is significantly higher than the national average. According to data, the median value of a house in Cumberland Center is $584,500; this figure is around 75% higher than the US median of $338,100. Furthermore, the appreciation rate for houses over the last year has been 12.21%, while the US average was 8.27%. It appears that housing prices are increasing quickly in Cumberland Center compared to other areas in the country.
The median home cost in Cumberland Center (zip 04021) is $584,500. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Cumberland Center (zip 04021) is up 16.2%.
Average Age of Homes
- The median age of Cumberland Center (zip 04021) real estate is 37 years old
The Rental Market in Cumberland Center (zip 04021)
- Renters make up 9.4% of the Cumberland Center (zip 04021) population
- 0.0% of houses and apartments in Cumberland Center (zip 04021), 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.