The Cumberland-Sylvan housing market is somewhat competitive. The median sale price of a home in Cumberland-Sylvan was $328K last month, up 9.3% since last year. The median sale price per square foot in Cumberland-Sylvan is $221, up 7.0% since last year.
What is the housing market like in Cumberland-Sylvan today?
In March 2024, Cumberland-Sylvan home prices were up 9.3% compared to last year, selling for a median price of $328K. On average, homes in Cumberland-Sylvan sell after 44 days on the market compared to 46 days last year. There were 8 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$327,750
+9.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cumberland-Sylvan, NC
$327,750
+9.3%
United States
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How hot is the Cumberland-Sylvan housing market?
Cumberland-Sylvan is somewhat competitive. Homes sell in 39 days.
0
100
55
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 around list price and go pending in around 39 days.
Hot homes
can sell for about 2% above list price and go pending in around 30 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.3%
-0.059 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cumberland-Sylvan, NC
99.3%
-0.059 pt
United States
Home offer insights for Cumberland-Sylvan
Explore recent offers and recently sold homes in Cumberland-Sylvan
Recent offers
View houses in Cumberland-Sylvan that sold recently
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-Sylvan housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cumberland-Sylvan.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cumberland-Sylvan has a moderate risk of flooding. 81 properties in Cumberland-Sylvan are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Cumberland-Sylvan. Flood risk is increasing slower than the national average.
95% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cumberland-Sylvan has a moderate risk of wildfire. There are 759 properties in Cumberland-Sylvan that have some risk of being affected by wildfire over the next 30 years. This represents 95% of all properties in Cumberland-Sylvan.
97% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Cumberland-Sylvan has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cumberland-Sylvan is most at risk from hurricanes. 781 properties in Cumberland-Sylvan 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 70 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 81 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Cumberland-Sylvan has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Cumberland-Sylvan have a Major Heat Factor®.
Cumberland-Sylvan is expected to see a 157% increase in the number of days over 105ºF over the next 30 years. Cumberland-Sylvan is expected to experience 8