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Cumberland

Why you'd want to live in Cumberland

Beneath the shadow of the Comox Glacier, nestled at the foothills of Beaufort Range, lies the fast growing village of Cumberland. Cumberland has an interesting history, being a coal-mining town from 1888 to 1966. This amiable community is undergoing a serious cultural transformation. Home to arts, culture, eclectic live music and world-class outdoor recreation, Cumberland is the closest community to the Forbidden Plateau and Mt Washington, and is the gateway to the amazing Comox Lake. via discovervancouverisland.com

Cumberland Market Report

$895,961

AVERAGE PRICE OF 22 HOMES

$1,663,150

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$455,883

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$735,000

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $895,961
Avg Bedrooms 2.55 beds
Avg Bathrooms 1.59 baths

Average Price by Bedrooms

1 bedroom $459,900
2 bedrooms $555,837
3 bedrooms $735,800
4 bedrooms $805,500
5 bedrooms $1,242,450
Cumberland Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 24 20 20 24 25
Average Price $898,294 $949,396 $835,004 $802,275 $800,112
Avg Price Change -5.69% +13.70% +4.08% +0.27% -6.33%
Median Price $833,419 $831,402 $725,614 $709,716 $699,000
Med Price Change +0.24% +14.58% +2.24% +1.53% -12.09%
Avg Bedrooms 2.64 beds 2.84 beds 2.74 beds 2.81 beds 2.87 beds
Avg Bathrooms 1.82 baths 1.99 baths 2 baths 2.05 baths 2.05 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 22 $895,961 59 days
Multi-Million Dollar Homes 6 $1,663,150 104 days
Newly Built Homes 3 $455,883 70 days
Reduced Price Homes 2 $735,000 45 days