The Cumberland Ridge housing market is somewhat competitive. The median sale price of a home in Cumberland Ridge was $275K last month, up .0% since last year. The median sale price per square foot in Cumberland Ridge is $173, down 12.8% since last year.
What is the housing market like in Cumberland Ridge today?
In October 2024, Cumberland Ridge home prices were up .0% compared to last year, selling for a median price of $275K. On average, homes in Cumberland Ridge sell after 57 days on the market compared to 32 days last year. There were 5 homes sold in October this year, up from 5 last year.
$275K
Sale Price
-3.5% since last year
$173
Sale $/Sq. Ft.
-12.8% since last year
Over List Price
2.5%
Days on Market
37
Down Payment
—
Total Homes Sold
1
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How hot is the Cumberland Ridge housing market?
Cumberland Ridge is somewhat competitive. Homes sell in 37 days.
0
100
58
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 37 days.
Hot homes
can sell for about 4% above list price and go pending in around 31 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cumberland Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cumberland Ridge.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cumberland Ridge has a minor risk of flooding. 8 properties in Cumberland Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Cumberland Ridge. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cumberland Ridge has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cumberland Ridge is most at risk from hurricanes. 666 properties in Cumberland Ridge have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 44 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 52 mph.
99% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Cumberland Ridge has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Cumberland Ridge have a Moderate Heat Factor®.
Cumberland Ridge is expected to see a 157% increase in the number of days over 99ºF over the next 30 years. Cumberland Ridge is expected to experience 7