foreclosure.com

Foreclosure Homes in Cumberland Center, ME

Search within map
5 Tinker-ln-Cumberland-ME-04021
Preforeclosure
$234,600 EMV

Tinker Ln
Cumberland, ME 04021

3 Bed | 1 Bath | 900 Sq. Ft.

Turkey-ln-Cumberland-ME-04021
Preforeclosure
$448,120 EMV

Turkey Ln
Cumberland, ME 04021

5 Bed | 3 Bath | 2,058 Sq. Ft.

Tinker-ln-Cumberland-center-ME-04021
Bankruptcy

Tinker Ln
Cumberland Center, ME 04021

Displaying 1 - 3 of 3
 

Home Value Estimator For Cumberland Center, ME

There are currently 3 real estate properties in Cumberland Center, ME, with a median automated valuation model (AVM) price of $744,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cumberland Center, ME, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cumberland Center, ME, is $699,700.00, with the most expensive house in Cumberland Center, ME, topping out at $755,100.00 and the cheapest home in Cumberland Center, ME, clocking in at $599,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Cumberland Center, ME!


Rent Prices In Cumberland Center, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cumberland Center, ME, is on a rollercoaster ride. The average rent price in Cumberland Center, ME, is $2,413.00. Indeed, when looking to rent in Cumberland Center, ME, you can expect to pay as little as $2,290.00 or as much as $2,480.00, with the average rent median estimated to be $2,470.00. The good news is that finding an affordable and desirable property to rent in Cumberland Center, ME -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Cumberland Center, ME

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cumberland Center, ME area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cumberland Center, ME and much more. Save thousands at closing with home foreclosure listings in Cumberland Center, ME — up to 75% off market value!


Top Reasons To Live In Cumberland Center, ME In 2021

Cumberland Center is located in Cumberland, Maine, with an estimated municipal population of 2,926 residents. All of the best foreclosed homes for sale in Cumberland Center are located in the following zip code areas on Foreclosure.com: 04021. The estimated population per square kilometer (.62 miles) in Cumberland Center is 267.


Cost Of Living In Cumberland Center, ME

So, about how much do homes cost in Cumberland Center? The most recent median value of resident-owned homes in Cumberland Center is 341,975. An estimated 74.2 percent of households in Cumberland Center own their homes, with an average family size of 3.19. The median household income in Cumberland Center is 99,500, with49.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cumberland Center, the median commute time of resident workers (in minutes) is 27.8. And last, but certainly not least, are you looking for homes to rent in Cumberland Center? If so, the average rent price paid by renters in Cumberland Center is 1,164, according to recent statistics.


Diversity And Demographics In Cumberland Center, Maine

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cumberland Center, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cumberland Center is 44.5, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Cumberland Center is 63.5, with an average family size of 3.19.

The percentage of residents who report their race in Cumberland Center is as follows:

White 94.6%
Black / African American 0%
Asian 1.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 2.1%

Looking for family-friendly neighborhoods in and/or near Cumberland Center? Or maybe you are searching for 55+ active adult communities in and/or near Cumberland Center?

The percentage of residents who report their age in Cumberland Center is as follows:

Under 10 17.3%
Aged 10-19 12.1%
20s 5.8%
30s 10%
40s 10.8%
50s 20.2%
60s 13.9%
70s 7.6%
80+ 2.1%

Best Schools In Cumberland Center, Maine

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cumberland Center with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cumberland Center.


Pros And Cons Of Living In Cumberland Center, Maine

How do you know that living in -- or moving to -- Cumberland Center is right where you need to be? Perhaps you grew up in Cumberland Center or already live nearby; therefore, the decision to buy a home in Cumberland Center is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cumberland Center for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cumberland Center:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cumberland Center.


Reasons To Move To Cumberland Center, Maine, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cumberland Center can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cumberland Center, meanwhile, can field multiple offers from more qualified buyers.

Cancel

Listing types in Cumberland Center, ME

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily!

Foreclosure.com Advantages

Many listings on Foreclosure.com are not found anywhere else. Save thousands on incredible foreclosure deals in Cumberland Center, ME. Save up to 62% with deals in Cumberland Center, ME.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch, Inc 1999-2021. All Rights Reserved.