MyMarketPulse (mymarketpulse.com) recently disclosed its May 2024 findings on the housing market conditions in Cumberland County, Virginia.
For May 2024, the data showcases a Median Sale Price of $312,500 in Cumberland County, a rise of 25.0% from the last month and an increase 38.1% from the same period the previous year.
The region reported 15 home sales, marking unchanged from the prior month, and 7.1% growth year-over-year.
Additionally, the Median Days on Market for listings was observed at 43 days, 14 days longer compared to the previous month and longer by 7 days from last year.
With a Market Pulse Score of 119, the analysis suggests a rising trend in Cumberland County’s housing market momentum.
For more information about the Cumberland County, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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