Home Values

Cumberland County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Cumberland County is 10.4%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Cumberland County homeowners underwater on their mortgage is 8.1%, which is lower than Richmond Metro at 22.2%.

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Relative ZHVI
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Cumberland County Market Overview

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Cumberland County Market Health

Data through Mar 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 8.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 10.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

2.7 homes Richmond Metro
3 homes United States
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Nearby Counties

Name Median ZHVI
Hanover County $221,100
Chesterfield County $187,300
Louisa County $186,100
Name Median ZHVI
Fluvanna County $174,700
Orange County $166,500
Richmond City County $140,700

Listings & Sales

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Cumberland County Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,200 Cumberland County
    $1,338 Richmond Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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