Cumberland County, North Carolina Housing Market
In Cumberland County, North Carolina, the median home value is $199,200, with a median monthly rent of $1,222. This places Cumberland County at #1408 nationally out of 3134 counties by median home value, and #61 within North Carolina.
📈 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: $968
- Establishments: 6,728
- BLS QCEW, 2025
Housing Supply
- Single-family: 825
- Multi-family: 722
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 127,553 (avg $58,144)
- Outflow: 119,067 (avg $59,500)
- 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 | 28301 | 269.8 | +6.07% | 2025 |
| 2 | 28390 | 249.8 | +10.61% | 2025 |
| 3 | 28303 | 238.0 | +8.05% | 2025 |
| 4 | 28391 | 247.4 | +15.24% | 2025 |
| 5 | 28311 | 220.9 | +3.77% | 2025 |
| 6 | 28314 | 234.0 | +3.41% | 2025 |
| 7 | 28334 | 217.5 | +0.83% | 2025 |
| 8 | 28304 | 231.8 | +0.89% | 2025 |
| 9 | 28348 | 231.9 | +9.51% | 2025 |
| 10 | 28305 | 222.2 | +0.70% | 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.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Cumberland County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Cumberland County →How Cumberland County Compares
| Metric | Cumberland County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $199,200 | $235,312 | $227,706 |
| Median Gross Rent | $1,222 | $976 | $968 |
| Owner Occupancy Rate | 55.0% | 71.8% | 73.3% |
| Price/Rent Ratio | 13.6 | 19.8 | 18.7 |
Market Analysis
The median home value in Cumberland County is 15.3% below the North Carolina state average and 12.5% below the U.S. national average. The median rent of $1,222/month is 25.2% above the state average.
With a price-to-rent ratio of 13.6, buying a home in Cumberland County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Cumberland County has an owner-occupancy rate of 55.0%, compared to 71.8% in North Carolina 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 |
|---|---|---|---|
| Carter County | Montana | $199,200 | $824 |
| Cullman County | Alabama | $199,100 | $908 |
| Northwest Arctic Borough | Alaska | $199,100 | $1,350 |
| Decatur County | Indiana | $199,100 | $861 |
| Ramsey County | North Dakota | $199,300 | $714 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Cleveland County | $200,000 | $914 | 70.9% |
| Randolph County | $197,100 | $887 | 72.5% |
| Stokes County | $196,700 | $775 | 79.2% |
| Rutherford County | $201,800 | $783 | 73.9% |
| Beaufort County | $192,700 | $871 | 69.5% |
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).