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Cumberland

Why you'd want to live in Cumberland

Beneath the shadow of the Comox Glacier, nestled at the foothills of Beaufort Range, lies the fast growing village of Cumberland. Cumberland has an interesting history, being a coal-mining town from 1888 to 1966. This amiable community is undergoing a serious cultural transformation. Home to arts, culture, eclectic live music and world-class outdoor recreation, Cumberland is the closest community to the Forbidden Plateau and Mt Washington, and is the gateway to the amazing Comox Lake. Cumberland Forest, a 56-hectare second growth forest is protected by The Cumberland Community Forest Society. The community raise funds to buy the land from an American timber company. Cumber Forest, being located southwest of Cumberland, just between Comox Lake Road and Perseverance Creek, this forest of hemlock, red cedar, and Douglas Fir is a marvel for the community; it is used for activities such as mushroom picking, hiking, walking, and world class mountain biking. The songbirds, sword ferns, salal, and Sakatoon berry bushes makes a very tranquil Cumberland Forest very tranquil. via discovervancouverisland.com

Cumberland Market Report

$972,240

AVERAGE PRICE OF 19 HOMES

$1,566,317

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$595,968

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$769,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $972,240
Avg Bedrooms 2.89 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

2 bedrooms $503,775
3 bedrooms $862,680
4 bedrooms $912,280
5 bedrooms $1,114,450
Cumberland Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 19 22 21 24 20
Average Price $962,980 $912,184 $883,610 $898,294 $949,396
Avg Price Change +5.57% +3.23% -1.66% -5.69% +13.70%
Median Price $862,232 $761,225 $701,610 $833,419 $831,402
Med Price Change +13.27% +8.50% -18.79% +0.24% +14.58%
Avg Bedrooms 2.61 beds 2.66 beds 2.44 beds 2.64 beds 2.84 beds
Avg Bathrooms 1.82 baths 1.73 baths 1.57 baths 1.82 baths 1.99 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 19 $972,240 61 days
Multi-Million Dollar Homes 6 $1,566,317 135 days
Newly Built Homes 4 $595,968 43 days
Reduced Price Homes 1 $769,900 23 days