Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$558,564+2.3% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$121,085About 1.3× the local median income ($93,949): a stretch for a typical household
Days on market51 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.5%Zillow expects prices to rise slightly
The typical home in Cumberland County, ME is worth $558,564, up 2.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $481,193, so the area is 16.1% overvalued. It is a buyer's market: homes take about 51 days to sell, listings are up 23% from a year ago, 25% of listings have had a price cut. Zillow expects prices to rise about 2.5% over the next year. A household needs about $121,085 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $93,949. Typical rent is $2,397 a month, or $2,885 for a house. In the latest IRS figures, 208 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$558,564
Change in 1 year
+2.3%
Overvalued %
+16.1%
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Fair home value
$481,193
Change in 5 years
+26.2%
Zillow forecast, next 12 months
+2.5%
Home value to income
5.9×
Monthly mortgage payment (20% down)
$3,027
Income needed to afford it
$121,085
Property tax rate
1.04%
Rent and investing
Typical rent
$2,397
Typical rent for houses
$2,885
Price-to-rent ratio
19.4×
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HUD Fair Market Rent, 2 bedrooms
$2,221
Gross rental yield
5.15%
Cap rate (estimate)
3.35%
Market activity
Listings vs a year ago
+23.3%
Days on market
51
Listings with a price cut
24.7%
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Homes for sale
1,005
Pending sales per 100 listings
19
Asking price per sq ft
$365
People and jobs
Median household income
$93,949
Population change (1 year)
+0.8%
Unemployment rate
3.1%
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Population
317,222
Income adjusted for cost of living
$92,197
Net moves in (IRS)
+208
Cost of living (US = 100)
101.9
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
77.0
Unhealthy air days a year
5
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Flood risk score
78.4
Wildfire risk score
38.9
Walkability (1 to 20)
9.6
Road, rail and air noise
54 dB
Questions people ask
Is Cumberland County, ME overvalued?
Home prices in Cumberland County, ME are well above what local incomes have historically supported: fair value is about $481,193, so the area is 16.1% overvalued.
Is Cumberland County, ME a buyer's or seller's market?
Cumberland County, ME is a buyer's market: homes take about 51 days to sell, listings are up 23% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Cumberland County, ME?
Home values in Cumberland County, ME are up 2.3% over the last year. Zillow's forecast for the next 12 months is +2.5%.
How much do you need to earn to buy a home in Cumberland County, ME?
A household needs about $121,085 a year to afford the typical home in Cumberland County, ME at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $93,949.