Cumberland real estate market report

Real Estate Stats & Sold House Prices in Cumberland

Statistics for the last 90 Days ending May 27, 2024 in Cumberland

There were 10 homes sold in Cumberland in the last 3 months, with an average price of $876,520, that's an increase of 8.6% over this same period last year, and includes all house types.

Related Pages: homes for sale in Cumberland

Statistics for 2023 in Cumberland

There were 33 homes sold in Cumberland in 2023, with an average price of $852,239, that's a decrease of 9.3% over the previous year, this includes all house types.

Cumberland Historical Home Prices, with Percentage change over Previous Year.

Year # Sales Average Price % Change
2000 54 $216,768  
2001 64 $246,262 13.6%
2002 54 $275,758 12.0%
2003 41 $277,980 0.8%
2004 65 $294,872 6.1%
2005 65 $322,383 9.3%
2006 72 $346,068 7.3%
2007 66 $354,738 2.5%
2008 44 $430,845 21.5%
2009 63 $406,742 -5.9%
2010 48 $422,521 3.9%
2011 50 $458,544 8.5%
2012 45 $465,622 1.5%
2013 44 $455,564 -2.2%
2014 41 $462,317 1.5%
2015 50 $487,679 5.5%
2016 72 $455,473 -7.1%
2017 63 $531,041 16.6%
2018 62 $517,367 -2.6%
2019 56 $586,665 13.4%
2020 65 $706,237 20.4%
2021 53 $947,591 34.2%
2022 41 $939,768 -0.8%
2023 33 $852,239 -9.3%

Keep an eye on the real estate activity in Cumberland, set up a Market Report and as new listings come up, you'll see them right away and see the average price for all homes that are listed.

About Cumberland

The Cumberland area is mainly comprised of bedroom communities and sees between 50 - 60 home sales every year, with a high of 72 in 2016. Since 2000 there were only 4 years when prices decreased, that was 2009, 2013, 2016 and again in 2018. In 2021 53 homes sold with average selling price of almost $950K.

Just past Orleans to the east you'll find Cumberland which became a city in 1999 and amalgamated with the City of Ottawa in 2001. Homes and condos for sale encompass all areas around Cumberland such as Carlsbad Springs, Notre-Dame-des-Champs, Sarsfield and Vars. Cumberland has a small village feel with some older homes, but there are also new developments with larger homes, some up on the hill with spectacular views. 

Located on the Ottawa River, Cumberland Village has many waterfront homes as well as some new developments to choose from. The population here is 4,100 and expanding.

Montessori Children's House is the closest school in the area with a host of schools in neighbouring Orleans.

Cumberland Farmers' Market with about 40 vendors operates Saturdays, from June to October (10 km east of Place d'Orleans).

Cumberland Village Heritage Museum is a major attraction, depicting rural life in the 1920s and '30s, featuring over 20,000 artifacts with a General Store, one-room schoolhouse and antique vehicles, a tractor-pulled wagon ride, and farm animals. Every other Sunday, the Ottawa Valley Live Steamers and Model Engineers are on site to give rides on their model trains.

Hammond Golf Club is a public 18-hole, par 72 course for golfers of all calibers. They also feature kids golfing for free after 3 pm! Their restaurant has partnered with the Broken Stick Brewing Company to offer the freshest beer and delicious food. Their cream ale won an Ontario Brewing Award in 2021.