Market Overview
Home Prices in Cumberland, IA
The median home value in Cumberland, IA is $183,117 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 7.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cumberland are priced55% below average.
Over the past five years, Cumberland home values have risen by approximately43.6%, reflecting strong long-term appreciation in this market.
Price History
Cumberland Home Price Trend
2020
$118,528
$119K
—
2021
$127,532
$128K
+7.6%
2022
$143,418
$143K
+12.5%
2023
$147,901
$148K
+3.1%
2024
$158,847
$159K
+7.4%
2025
$171,459
$171K
+7.9%
2026
$183,117
$183K
+6.8%
City Comparison
Cumberland vs. National Median
🏠 Cumberland
$183,117
National Median
$410,000
At $183,117, homes in Cumberland cost 55% below the national median of $410,000. This makes Cumberland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cumberland?
20% Down Payment
$36,623
on $183,117
Monthly P&I
$955/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,213/mo
incl. taxes & insurance
Income Needed
$48,520
gross annual (30% rule)
10% Down Option
$18,312
+ PMI applies
Loan Amount (20% dn)
$146,494
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cumberland, IA?
The median home value in Cumberland is $183,117 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Cumberland?
Over the past year, home values in Cumberland have increased by 6.8%. Over five years, prices have risen approximately 43.6%.
How much do I need to earn to buy a home in Cumberland?
To comfortably afford the median home price of $183,117 with a 20% down payment ($36,623) at today's rates (6.8%), you'd need a gross annual income of approximately $48,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Cumberland compare to the national average home price?
The national median home value is approximately $410,000. At $183,117, homes in Cumberland are 55% below the national average.