Single-Family Homes in Cumberland County:
The Cumberland County single-family housing market in September 2025 remains strong but is clearly moving toward greater balance. The median sales price climbed 3.6% year-over-year to $580,000, showing continued value growth despite a 6.5% dip from August, which suggests typical seasonal softening after the summer peak. Closed sales were up 5.5% from last year but down 12.2% month-to-month, reflecting a slower early fall pace even as overall buyer demand remains steady. Homes continued to sell quickly, with a median of just 11 days on market - 10% slower than in August, indicating the selling pace has eased somewhat from the summer rush. Sellers continued to achieve nearly full asking price (99.9% of list), while the median price per square foot ($336) held firm. Altogether, these trends indicate that while buyer interest remains solid, the market is beginning to normalize, easing slightly from the heightened pace and competition of recent years.
On the supply side, the market is loosening: new listings increased 26.6% year-over-year and 13.5% from August, while active inventory rose 38.3%, bringing the months’ supply of homes to 2.3 - a 31% jump from last year. Though still a seller’s market, this growing inventory offers buyers more options and signals a gradual return to a healthier, more sustainable pace. This shift suggests the market is rebalancing, reducing pressure on buyers while encouraging more realistic pricing and steadier conditions for sellers. Overall, the data point to a resilient yet stabilizing market heading into fall, marked by strong fundamentals and a welcome move toward equilibrium.
Condominiums in Cumberland County:
The condominium market in Cumberland County in September 2025 reflected a blend of steady pricing, expanding inventory, and continued buyer engagement. The median sales price rose 3.0% year-over-year to $515,000, though it dipped modestly by 4.5% from August, indicating normal seasonal cooling after the busy summer months. Closed sales totaled 75 transactions, down 1.3% compared to last year and 6.3% month-over-month. Despite the dip in activity, market velocity remained strong; the median days on market dropped dramatically to just 11 days, a 60.7% decline from August, underscoring persistent buyer demand and swift turnover for well-priced units.
Sellers continued to hold firm on pricing, receiving an average of 100.1% of their list price, while the median sold price per square foot climbed 1.1% year-over-year and 2.8% monthly to $381, further illustrating price resilience. On the supply side, new listings rose 22.7% annually and 31.1% month-over-month, with active inventory up 23.2% year-over-year to 239 units. The months supply of inventory increased to 3.2 months, a 24.8% annual gain, hinting at a slow but steady move toward a more balanced market as new listings provide buyers with more options while demand remains healthy.
Overall, this data indicates that the Cumberland County condo market remains competitive but is gradually shifting toward balance. Buyer demand continues to support strong pricing, while growing inventory and longer-term supply gains suggest a market that is stabilizing after several years of rapid appreciation. The result is a healthier dynamic for both buyers and sellers as the market transitions into a more sustainable phase.
Click the link to see the full report: September 2025 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.
