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Cumberland County Real Estate

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Cumberland County Housing Overview

searchCumberland County is home to Portland Maine and the surrounding suburbs including Cape Elizabeth, Falmouth, Westbrook, Yarmouth and South Portland. It extends into the lower mid coastal regions of the state as well including Brunswick and Freeport. The real estate in Cumberland county offers many different types of property from intown Portland condo's to waterfront estates to rural and rustic cabins. In 2009 the average home sold for 269K after sitting on the market for an average of 99 days compared with 275K and 103 days in 2008 thus pricing held strong in 2009 down only 2% relative to most regions where prices have fallen about 10% on average.

 

Real Estate Quick Facts

Current Inventories
Updated : September 2010
SF Homes: 2661
Condos: 506

Housing in 2009
Transactions: 2590
Avg. Sold Price: 269K

View All Cumberland County Homes for Sale

Average prices are rounded to nearest 1,000

Cumberland County ME Towns

Overview of Cumberland County
Cumberland County is made up of three cities and twenty-five towns. The county was incorporated in 1760 and is named after William, Duke of Cumberland, the son of King George II. The three cities in Cumberland County include Portland, South Portland, and Westbrook.

Portland is the County seat and is the largest city in the state. It is known as Maine’s business, financial, and retail capitol. Portland consists of a population of 64,000 people.

South Portland embraces a well developed commercial and industrial aspect as well as many beaches, parks and marinas. South Portland hosts a population of 23,803 people.

Westbrook is located on the Presumpscot River and consists of 16.87 square miles. Westbrook is home to a population of 16,534 people.

The twenty-five towns in Cumberland County are Baldwin, Bridgton, Brunswick, Cape Elizabeth, Casco, Chebeague Island, Cumberland, Falmouth, Freeport, Frye Island, Gorham, Gray, Harpswell, Harrison, Long Island, Naples, New Gloucester, North Yarmouth, Pownal, Raymond, Scarborough, Sebago, Standish, Windham, and Yarmouth.

The county consists of 853 square miles and the population was an estimated 276,047 in 2008. Cumberland County is Maine’s largest county based on population. The median resident age is 37.6 years old. The average household size in Cumberland County is 2.4 and the estimated median income per household is 53,875 dollars.

The economic development for Cumberland County involves a mission to support economic and business development in its cities and towns. http://www.cumberlandcounty.org/economic.htm can provide more information on individual towns within the county.
Information on Chambers of Commerce for Cumberland County can be found by going to http://www.cumberlandcounty.org/info.htm.

Housing Graphs for Cumberland County

Below are historical housing charts for Cumberland County Maine
Please click on an image to enlarge.

Historical Transaction Volume
Cumberland Maine Transaction Volume 2009
Historical Pricing
Cumberland ME 2009 Historical Pricing

Thanks for reading about the Cumberland County Real Estate markets.

All housing statistics for Cumberland County have been compiled from the Maine Association of Realtors Website.

 


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