Cumberland County, Maine Housing Market
In Cumberland County, Maine, the median home value is $451,200, with a median monthly rent of $1,589. This places Cumberland County at #189 nationally out of 3134 counties by median home value, and #1 within Maine.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,446
- Establishments: 17,571
- BLS QCEW, 2025
Housing Supply
- Single-family: 881
- Multi-family: 875
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 142,842 (avg $113,942)
- Outflow: 137,693 (avg $113,209)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Cumberland County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 04108 | 438.7 | +4.55% | 2025 |
| 2 | 04096 | 359.6 | +7.87% | 2025 |
| 3 | 04084 | 338.4 | +7.34% | 2025 |
| 4 | 04101 | 565.6 | +15.37% | 2025 |
| 5 | 04021 | 325.8 | +9.44% | 2025 |
| 6 | 04015 | 344.8 | +7.67% | 2025 |
| 7 | 04107 | 375.6 | +4.35% | 2025 |
| 8 | 04032 | 341.9 | +6.54% | 2025 |
| 9 | 04040 | 406.5 | +15.45% | 2025 |
| 10 | 04097 | 304.6 | +7.53% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Cumberland County Compares
| Metric | Cumberland County | Maine Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $451,200 | $260,725 | $227,706 |
| Median Gross Rent | $1,589 | $1,020 | $968 |
| Owner Occupancy Rate | 69.8% | 76.6% | 73.3% |
| Price/Rent Ratio | 23.7 | 20.9 | 18.7 |
Market Analysis
The median home value in Cumberland County is 73.1% above the Maine state average and 98.2% above the U.S. national average. The median rent of $1,589/month is 55.8% above the state average.
With a price-to-rent ratio of 23.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Cumberland County has an owner-occupancy rate of 69.8%, compared to 76.6% in Maine and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Bristol County | Massachusetts | $451,200 | $1,245 |
| Sitka City and Borough | Alaska | $450,300 | $1,341 |
| Stanislaus County | California | $450,100 | $1,623 |
| Manassas city | Virginia | $449,900 | $1,850 |
| Amador County | California | $449,800 | $1,421 |
Other Counties in Maine
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| York County | $395,700 | $1,339 | 77.3% |
| Sagadahoc County | $333,300 | $1,098 | 77.8% |
| Lincoln County | $332,700 | $1,055 | 82.5% |
| Knox County | $324,900 | $1,165 | 78.7% |
| Hancock County | $310,400 | $1,061 | 78.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).