February 2026 Cumberland County Real Estate Market Stats

February 2026 Cumberland County Real Estate Market Stats

  • 03/12/26

Single-Family Homes in Cumberland County:

The February 2026 single-family home market in Cumberland County remained active while showing some changes compared to last year. The median sales price reached $548,196, a 4.1% increase from February 2025 and a 0.4% increase from January 2026, reflecting continued price stability. However, closed sales totaled 142, a 10.7% decrease year-over-year, indicating slightly slower transaction activity.

Inventory levels increased modestly, giving buyers somewhat more opportunity in the market. Active inventory rose to 306 homes, a 5.9% increase from last year, while 138 new listings came on the market during the month. Months supply of inventory reached 2.2 months, an 18.6% increase year-over-year, though inventory still remains relatively tight, which continues to support home values.

Homes spent a median of 31 days on the market, a 14.8% increase compared to February 2025. For buyers, the slight increase in inventory and marketing time may provide a bit more flexibility when searching for a home. For sellers, strong demand remains evident as homes still sold for 98.7% of their list price on average, highlighting the importance of competitive pricing and preparation. Overall, the single-family market remains competitive while gradually moving toward more balanced conditions.

 

Condominiums in Cumberland County: 

The February 2026 condominium market in Cumberland County showed some shifts compared to both last year and the previous month. The median sales price was $432,501, a 17.6% decrease from February 2025 and 21.4% lower than January 2026. There were 45 closed sales, down 4.3% year-over-year, suggesting slightly softer demand and giving buyers a bit more negotiating room while sellers may need to price strategically.

Inventory increased, giving buyers more choices. Active inventory rose to 201 units, a 26.4% increase from last year, while 77 new listings entered the market. Months supply of inventory reached 4.5 months, up 32% year-over-year, which may ease competition for buyers while encouraging sellers to ensure their properties stand out.

Condos spent a median of 30 days on the market, a 50% increase from February 2025, though days on market decreased 9.1% from January 2026. Buyers may benefit from slightly longer marketing times and more options, while sellers who price competitively can still attract strong interest. Overall, the condo market remains active while gradually moving toward more balanced conditions.

 

Click the link to see the full report: February 2026 Market Report

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Have additional questions about the Cumberland County real estate market? Contact an expert Maine real estate agent at Town and Shore.

 

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