Single-Family Homes in Cumberland County:
The Cumberland County housing market in August 2025 continues to show strength while gradually shifting toward a more balanced environment. The median sales price climbed to $620,000, up 3.8% compared to August 2024 and 2.1% from last month, underscoring steady appreciation in home values. Price per square foot followed a similar trend, reaching $351. Although closed sales were down 2.8% month-to-month, they were still 10.7% higher than a year ago, reflecting sustained demand despite some seasonal slowing. This combination of higher prices and steady sales volume suggests that buyer interest remains strong, but competition has eased slightly compared to the peak of the market.
Homes are also taking a bit longer to sell, with the median days on market increasing 42.9% year-over-year to 10. While that is still a relatively short timeframe, it signals that buyers have more time to evaluate options rather than rushing into quick decisions. Sellers are continuing to receive solid offers, on average 100.4% of their list price, but this is a modest step back from last year’s levels, indicating that bidding wars and aggressive over-asking offers are less common. For buyers, this shift could mean improved negotiating power, while sellers are still benefiting from historically strong values.
Inventory is playing a major role in this transition. Active listings grew 36.3% year-over-year to 713, with a 13.4% increase from July alone, while the months supply of inventory rose to 2.0. Although this is still firmly in seller’s market territory, the added supply is creating more opportunities for buyers and helping to moderate the market’s pace. At the same time, fewer new listings are coming online, down 13.1% from July, which could keep overall supply from growing too quickly. Taken together, these trends point to a market that is no longer overheated but still highly competitive, where both buyers and sellers have meaningful advantages depending on their position.
Condominiums in Cumberland County:
The Cumberland County condominium market in August 2025 reflects steady price growth paired with increased inventory, though sales activity has softened compared to last year. The median sales price rose to $539,000, a 3.5% increase year-over-year and a notable 7.8% jump from July, showing that values remain on the rise. Price per square foot followed suit, climbing to $371 after a 9% monthly gain. Closed sales, however, dropped 18.4% from last year to 80 units, even with a modest 6.7% increase from July. This indicates that while buyer demand is still present, it has cooled compared to the busier pace of 2024.
At the same time, properties are spending longer on the market, with median days on market reaching 28, up 250% from a year ago. This extended timeframe suggests that buyers now have more flexibility to evaluate options rather than competing under immediate pressure. Sellers continue to perform well, achieving an average of 99.4% of list price, though slightly lower than both last year and last month. This points to a market where bidding wars are less frequent, but sellers are still seeing strong returns close to asking price.
On the supply side, conditions are shifting. New listings rose to 102, a 9.7% year-over-year increase, while active inventory climbed 26.5% to 234 units. Months supply of inventory grew significantly, reaching 2.9, up 54.9% from last year. These gains in supply are giving buyers more choices and helping balance the market, even as prices continue to rise. Altogether, the condo market remains healthy, with values trending upward, buyers gaining leverage through more inventory, and sellers still enjoying strong outcomes in a less frenzied environment.
Click the link to see the full report: August 2025 Market Report
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