Cumberland, RI 02864 Real Estate & Property Data

Cumberland, RI 02864 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 588 residential properties have been sold over the past 12 months in 02864. With a median sales price of $432,500 in 02864. Discover market trends and get the granular level real estate data for Cumberland, RI 02864 to keep your pulse on the housing market. Curate compelling home reports for Cumberland, RI 02864 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Cumberland, RI 02864 Real Estate Market Trends
Total Residential Properties 11,573
Total Commercial Properties 588
Avg. Home Age (Single Family Home) 51 Years
Avg. Square Feet (Single Family Home) 1,702
Total 2024 Residential Sales (year-to-date) 81
% of Homes Seriously Underwater (Q2 2024) 0.25%
Total 2023 Residential Sales 541
% of Equity Rich Homes (Q2 2024) 48.31%
Effective 2023 Property Tax 0.98%
Total Foreclosure Filings (year-to-date) 2
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Cumberland, RI 02864 Real Estate Overview

There were 588 residential properties sold in the past year in Cumberland, RI 02864. The median home value in Cumberland, RI 02864 is $456,817. There are a total of 11,573 residential properties in the 02864.

Median Sales Price i
$432,500
(Feb 2024)
+22.9%
year-over-year
y-o-y
  • February '24 Feb '24 $432,500
  • January '24 Jan '24 $527,471
  • December '23 Dec '23 $402,250
  • November '23 Nov '23 $445,000
  • October '23 Oct '23 $480,500
  • September '23 Sep '23 $482,500
  • August '23 Aug '23 $470,000
  • July '23 Jul '23 $484,950
  • June '23 Jun '23 $485,250
  • May '23 May '23 $430,000
  • April '23 Apr '23 $415,000
  • March '23 Mar '23 $416,000
Median Down Payment i
$102,500
(Feb 2024)
+191.2%
year-over-year
y-o-y
  • February '24 Feb '24 $102,500
  • January '24 Jan '24 $62,500
  • December '23 Dec '23 $69,900
  • November '23 Nov '23 $43,000
  • October '23 Oct '23 $34,434
  • September '23 Sep '23 $95,000
  • August '23 Aug '23 $60,037
  • July '23 Jul '23 $89,280
  • June '23 Jun '23 $66,200
  • May '23 May '23 $37,079
  • April '23 Apr '23 $39,000
  • March '23 Mar '23 $45,250
Number of Homes Sold i
44
(Feb 2024)
+18.9%
year-over-year
y-o-y
  • February '24 Feb '24 44
  • January '24 Jan '24 37
  • December '23 Dec '23 35
  • November '23 Nov '23 49
  • October '23 Oct '23 48
  • September '23 Sep '23 48
  • August '23 Aug '23 52
  • July '23 Jul '23 51
  • June '23 Jun '23 59
  • May '23 May '23 46
  • April '23 Apr '23 41
  • March '23 Mar '23 41
Number of Purchase Loans i
25
(Feb 2024)
+78.6%
year-over-year
y-o-y
  • February '24 Feb '24 25
  • January '24 Jan '24 18
  • December '23 Dec '23 21
  • November '23 Nov '23 34
  • October '23 Oct '23 22
  • September '23 Sep '23 29
  • August '23 Aug '23 33
  • July '23 Jul '23 34
  • June '23 Jun '23 41
  • May '23 May '23 27
  • April '23 Apr '23 22
  • March '23 Mar '23 26
Number of REFI Loans i
27
(Feb 2024)
-3.6%
year-over-year
y-o-y
  • February '24 Feb '24 27
  • January '24 Jan '24 35
  • December '23 Dec '23 27
  • November '23 Nov '23 30
  • October '23 Oct '23 32
  • September '23 Sep '23 37
  • August '23 Aug '23 26
  • July '23 Jul '23 32
  • June '23 Jun '23 21
  • May '23 May '23 39
  • April '23 Apr '23 23
  • March '23 Mar '23 26
Number of HELOC Loans i
8
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 13
  • December '23 Dec '23 10
  • November '23 Nov '23 13
  • October '23 Oct '23 12
  • September '23 Sep '23 16
  • August '23 Aug '23 18
  • July '23 Jul '23 11
  • June '23 Jun '23 16
  • May '23 May '23 22
  • April '23 Apr '23 15
  • March '23 Mar '23 13

Cumberland, RI 02864 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 1
  • March '23 Mar '23 2
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 1
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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