Cumberland median home price

The average home price in Cumberland is $177,792, ranking #2,238 of 3,071 U.S. counties. Updated monthly and free to explore.

Median home price

$177,792

Ranks #2,238 of 3,071 U.S. counties, in the top 73%.

What median home price means

The median home value is the typical home price in a market: the midpoint of Zillow's home value index (ZHVI), which tracks a typical home across all types and price tiers. It is updated monthly and smoothed to cut noise, so it is a steadier read of what homes actually cost here than a raw median sale price, which swings with whatever happened to sell that month.

Cumberland average home price: common questions

What is the average home price in Cumberland?

The average home price in Cumberland is $177,792, which ranks #2,238 of 3,071 U.S. counties. Curb Report updates this monthly and it is free to view.

Is the average home price in Cumberland above or below the national average?

Cumberland is lower than the U.S. median of $234,352, putting it in the top 73% of U.S. counties.

How does Cumberland compare with the rest of Illinois?

Cumberland is higher than the Illinois median of $160,090.

Is the average home price the same as the median home price?

People usually search for the "average home price" in a place, but the number published here is the typical home value from Zillow's ZHVI, which is a median-style measure rather than an arithmetic mean. That is deliberate: a true average is dragged upward by a handful of luxury sales, so it overstates what a normal home costs. For everyday purposes the two answer the same question, and the figure below is the better answer to it.

What does median home price mean?

The median home value is the typical home price in a market: the midpoint of Zillow's home value index (ZHVI), which tracks a typical home across all types and price tiers. It is updated monthly and smoothed to cut noise, so it is a steadier read of what homes actually cost here than a raw median sale price, which swings with whatever happened to sell that month.