What the Pros Know

310,230

Population

0.5% YoY

2023

40.6

Median Age

3.1% YoY

2022

$87,710

Median Household Income

8.7% YoY

2022

173,502

Labor Force

0.8% MoM

3.2% YoY

8/2024

169,607

Employed

0.8% MoM

3.2% YoY

8/2024

2.2%

Unemployment Rate

4.3% MoM

0% YoY

8/2024

$608,500

Median Sale Price

2.1% MoM

14.4% YoY

8/2024

310

Homes Sold

1.3% MoM

2.5% YoY

8/2024

1.8

Months Inventory

10.5% MoM

48.7% YoY

8/2024

15

Days on Market

0 MoM

7 YoY

8/2024

570

Listings

8.2% MoM

45.8% YoY

8/2024

101.8%

Sale Price to List Price

0.4% MoM

2.7% YoY

8/2024

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Cities included in Cumberland County: Portland, South Portland, Westbrook, North Windham, Cumberland Center, Dunstan, Falmouth Foreside, Steep Falls, South Windham, Little Falls, Cousins Island, Littlejohn Island


Zip Codes included in Cumberland County: [Click for zip code level data] 04003, 04009, 04011, 04015, 04017, 04019, 04021, 04024, 04029, 04032, 04038, 04039, 04040, 04050, 04055, 04057, 04062, 04066, 04069, 04071, 04074, 04079, 04084, 04085, 04091, 04092, 04096, 04097, 04101, 04102, 04103, 04105, 04106, 04107, 04108, 04109, 04110, 04260


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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