Single-Family Homes in Cumberland County:
The Cumberland County single-family market began 2026 with a noticeable seasonal slowdown, reflected in both pricing and activity. The median sales price declined to $546,250, down 8.1% from December and 2.4% from January 2025, signaling some softening after late-2025 highs. Homes spent a median of 28 days on market, a sharp increase from both last month and last year, indicating buyers are taking significantly more time to make decisions. This shift suggests growing sensitivity to price and value, particularly at higher price points.
Sales activity slowed considerably, with 150 closed sales, down 42.1% from December and 6.3% from the previous year, a typical pattern for January but still notable in scale. Sellers received 98.6% of list price on average, slightly lower than in December, while the median sold price per square foot fell to $318, reinforcing that buyers are gaining more leverage in negotiations. These trends point to a market where pricing strategy and property condition are increasingly important for sellers.
At the same time, supply levels rose. New listings increased to 201, up 28.0% from December, while active inventory climbed to 400 homes, pushing months of supply to 2.7, a 77.1% increase from December. This expanding inventory gives buyers more options and reduces urgency, while sellers face more competition than in recent months. Overall, the data indicates the market is transitioning toward more balanced conditions while remaining fundamentally healthy. Activity is clearly less frenzied, setting the stage for a more measured pace as the spring market approaches.
Condominiums in Cumberland County:
The Cumberland County condominium market began 2026 with strong price growth but significantly slower activity. The median sales price climbed to $550,000, up 16.2% from December and 7.8% from January 2025, indicating that higher-end condo sales influenced pricing early in the year. However, condos spent a median of 34 days on market, a 54.5% increase from December, showing buyers are taking considerably more time to make decisions despite rising prices.
Sales activity slowed sharply, with just 39 closed sales, down more than 40% from December and nearly 49% from the previous year, reflecting a typical winter slowdown compounded by buyer caution. Even so, sellers who did transact performed well, receiving 100.7% of list price on average, suggesting competitive demand for well-priced and desirable units. The median sold price per square foot held at $353, remaining relatively stable despite fewer transactions.
Supply levels rose notably in January. New listings surged to 101, more than doubling from December, while active inventory increased to 214 units, pushing months of supply to 5.5. This expanded inventory gives buyers substantially more choice and leverage, while sellers face more competition than in recent months. Overall, the data indicates a condo market shifting toward balance, with strong pricing at the top end but slower sales and growing inventory signaling a more selective and deliberate buyer environment heading into spring.
Click the link to see the full report: January 2026 Market Report
You may also browse for houses in Cumberland!
Have additional questions about the Cumberland County real estate market? Contact an expert Maine real estate agent at Town and Shore.
