Cumberland, IN · Market Data

Cumberland, Indiana real estate market data.

Real estate market data for Cumberland, IN (Hancock County) — Census median home value $241,200, county listing prices roughly flat over the past year.

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Cumberland, IN is in Hancock County, Indiana — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 6,154, with a median household income of $84,167. Census data puts Cumberland's median home value at $241,200 (all owner-occupied homes); Hancock County's current median listing price runs $358,748, roughly flat over the past year.

At a glance

Cumberland market snapshot

Population

6,154

Median Household Income

$84,167

Median Home Value (city)

$241,200

Median Listing Price (Hancock County)

$358,748

Median Gross Rent

$990/mo

Price Trend (YoY)

-0.3%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Cumberland

What makes Cumberland different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Cumberland's median home value — across all owner-occupied homes, not just recent sales — at $241,200. Separately, Hancock County's current median listing price (via Realtor.com data, 2026-06-01) runs $358,748. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Hancock County's FHFA house price index shows a 5.55% annual change in 2025.

Population & Income

Cumberland has an estimated population of 6,154 and a median household income of $84,167, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Cumberland's Census-reported median home value works out to about 2.9x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Cumberland FAQ

What are home values like in Cumberland, IN?

The Census Bureau's American Community Survey puts Cumberland's median home value at $241,200. Hancock County's current median listing price runs $358,748, roughly flat over the past year.

What is the population of Cumberland, IN?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Cumberland's population at approximately 6,154.

What's the median rent in Cumberland, IN?

The Census ACS estimates median gross rent in Cumberland at approximately $990 per month.

What is the median household income in Cumberland, IN?

Census ACS data puts the median household income in Cumberland at approximately $84,167.

Is the Cumberland housing market growing?

Hancock County's FHFA house price index shows a 5.55% annual change in 2025.

Is Cumberland, IN affordable relative to income?

Census ACS data puts Cumberland's median home value at about 2.9 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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