Why Live in Cumberland
Cumberland, IN, is a close-knit community east of Indianapolis with a population of 6,000 residents. The town features a welcoming atmosphere where residents often engage in friendly conversations at local spots like Meijer and Sero's Restaurant, a popular gathering place for breakfast. Cumberland offers a variety of dining options, including The GREEN Bean, a sustainable coffee shop showcasing local art and gifts. The town's housing market includes new developments in Hancock County, with homes ranging from existing ranch styles to new traditional homes in subdivisions like Grant’s Corner. Students typically attend schools in the Mt. Vernon Community School Corporation, which includes highly rated Mt. Comfort Elementary School and Mt. Vernon Middle School. Cumberland's park system boasts three parks, two trails, and a pocket park, with the Pennsy Trail being a notable feature for jogging and hiking. Located 10 miles from both downtown Indianapolis and Greenfield, Cumberland is car-dependent but has access to the IndyGo bus line and major highways like Interstate 465, I-70, and I-74. The town hosts year-round events such as the Blues, Beer, & BBQ concert series and the Weihnachtsmarkt winter market, fostering community connections.
Home Trends in Cumberland, IN
On average, homes in Cumberland, IN sell after 69 days on the market compared to the national average of 50 days. The median sale price for homes in Cumberland, IN over the last 12 months is $329,900, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$329,900
Median Single Family Sale Price
$347,150
Median Townhouse Sale Price
$292,995
Median 2 Bedroom Sale Price
$281,087
Average Price Per Sq Ft
$159
Number of Homes for Sale
41
Last 12 months Home Sales
61
Median List Price
$300,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
17%