Is Cumberland, RI 02864 a buyer’s or seller’s market?

The Cumberland housing market right now

In the three months ending August 31, 2026, 48% of homes in Cumberland, RI 02864 sold above their list price, the typical home went under contract in 22 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 134 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 59%, homes sold more slowly (19 days then) and the median sale price rose 6% to $556,259. Overall, Cumberland is less competitive than a year ago, which gives buyers more room.

Within Providence County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in 69%. On our competition score, Cumberland ranks #14 of 52 RI ZIP codes with enough sales (score 87 out of 100).

Nearby, buyers who want less competition could look at Foster 02825 (23% sold over asking) or Mapleville 02839 (25% sold over asking), while Clayville 02815 (100% sold over asking) and Glendale 02826 (100% sold over asking) are even more competitive.