Comprehensive market data and analysis• Updated Dec 2025
4.2 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 3 | 5 | 12 |
| 1-2 acres | - | 1 | 1 | 2 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 2 | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 5 | 8 | 16 |
Acreage buckets
The median price for land in Cumberland, Rhode Island is currently $195K per acre. For a typical parcel, the median sale price is $115K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $680 while premium lots reached $553K.
Cumberland, Rhode Island is currently a seller's market with 4.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 52.0% year-over-year.
Cumberland, Rhode Island currently has 4.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The median land price in Cumberland, Rhode Island stands at $115K. This translates to roughly $195K per acre for the typical parcel size. The average price is $186K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Cumberland, Rhode Island saw 16 properties sold, totaling $3.0M in sales volume. In just the last 3 months, 5 properties changed hands.
The 3-month absorption rate in Cumberland, Rhode Island is 23.8%. The 12-month rate is 19.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Cumberland, Rhode Island is 23.8% (3-month basis), indicating strong demand. With depreciating values (-52.0% YoY), buyers may find value opportunities. The top-performing broker in this market is Williams & Stuart Real Estate.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
