Cumberland County is a beautiful area brimming with history, culture, and a strong sense of community. With stunning coastlines, lush forests, and an array of charming neighborhoods, it’s no wonder why so many people decide to call this enchanting area home.
If you want to dive into the Cumberland County real estate market, you’ve come to the right place! In this comprehensive guide, we will outline the local trends, highlight some of the most sought-after neighborhoods, and explain why partnering with Landing Real Estate is the best way for you to achieve your property buying or selling goals in Cumberland County.
Cumberland County Real Estate Market Trends
As a desirable region with much to offer, the Cumberland County real estate market continues to experience stable growth. With stellar schools, ample recreational opportunities, and a strong local economy, it’s no surprise that homeowners and investors are consistently attracted to this area.
Here are some key trends you should know about when considering purchasing a property in Cumberland County:
- Housing Shortage: Like the rest of the country, Cumberland County has experienced a dip in housing inventory over the past few years. This scarcity is driving up demand and property values, so buyers should be prepared to navigate limited options.
- High Mortgage Rates: The recent jump from historically low mortgage rates has only somewhat slowed the demand for the limited housing inventory. This makes Cumberland County a somewhat challenging place to buy and invest in property.
- Growth of Remote Work: With the rise of remote work during the COVID-19 pandemic, many people are prioritizing space and comfort in their homes. This trend is driving demand for larger homes and properties with home offices, outdoor spaces, and other amenities that make remote work more enjoyable.
Top Neighborhoods in Cumberland County
Several notable neighborhoods in Cumberland County cater to diverse preferences and lifestyles. Whether you’re seeking a tight-knit beachside community or a scenic countryside retreat, Cumberland County has something for everyone. Here are a few flagship neighborhoods to consider:
Falmouth
Known for its award-winning public schools, gorgeous homes, and abundance of recreational activities, Falmouth attracts families and outdoor enthusiasts alike. With proximity to Portland, Falmouth offers the best of both worlds—the charm of a small town paired with the conveniences of urban living.
Cape Elizabeth
This coastal community is known for its breathtaking ocean views, beautiful beaches, high-ranking schools, and welcoming residents. Its historic landmarks, locally-owned businesses, and conservation areas make Cape Elizabeth a beloved neighborhood for families and outdoor lovers.
Gorham
Gorham’s quaint downtown district hosts several local shops, restaurants, and galleries. With excellent schools and a strong sense of community, this family-friendly locale is growing popular among buyers who value a small-town feel with city proximity.
Choose Landing For Cumberland County Real Estate
Cumberland County offers a unique blend of picturesque landscapes, attractive neighborhoods, and ample real estate opportunities. As a locally owned and operated real estate agency, Landing Real Estate brings unmatched dedication and expertise in helping clients navigate this vibrant market. When it comes to real estate, we are your trusted local partner.
Landing Real Estate’s Maine-based team delivers a depth of expertise that can only come from living and working in this beautiful region. With offices in Windham and South Portland, we strive to provide personalized and professional service to buy or sell your home. Explore our listings of homes for sale near Portland, Maine, and begin your real estate search today!