CUMBERLAND Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Cumberland averaged 6.79% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

The average rate for the prior week (2023-11-22) was 7.26% and one month ago for the week of 2023-10-26, the average rate was 7.36%.

Cumberland's average rate one year ago was 6.45%.

For refis of the same type during the week of 2023-11-30, the average rate was 6.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-30 7.22%
Cumberland 30 Year Fixed Rate 2023-11-30 6.79%
Cumberland 30 Year Fixed Rate Refi 2023-11-30 6.62%
Cumberland 15 Year Fixed Rate 2023-11-30 6.36%
Cumberland 15 Year Fixed Rate Refi 2023-11-30 5.18%
Cumberland 30 Year FHA 2023-11-30 6.78%
Cumberland 30 Year FHA Refi 2023-11-30 7.05%
Cumberland 30 Year USDA 2023-11-30 6.65%
Cumberland 30 Year USDA Refi 2023-11-30 7.2%
Cumberland 30 Year VA 2023-11-30 6.67%
Cumberland 30 Year VA Refi 2023-11-30 6.57%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within CUMBERLAND, MD-WV.

CUMBERLAND Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the CUMBERLAND, MD-WV market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 58 4.17% $2,857
QUICKEN LOANS, LLC 56 5.37% $5,525
CHESSIE 40 4.61% $2,728
Alcova Mortgage LLC 36 5.53% $3,881
C & F Mortgage Corporation 28 5.42% $4,518
Citizens Bank 22 5.04% $3,969
HOMESPIRE MORTGAGE CORPORATION 21 4.97% $5,531
GUARANTY HOME MORTGAGE CORPORATION 17 4.88% $4,047
M&T Bank 14 4.91% $4,969
Dollar Bank, Federal Savings Bank 13 3.89% $2,956
Truist 12 4.22% $3,617
CREDIT UNION MORTGAGE ASSOCIATION, INC. 12 3.83% $3,556
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 10 4.24% $4,125
FREEDOM MORTGAGE CORPORATION 9 5.00% $4,015
NAVY FEDERAL CREDIT UNION 9 6.19% $5,066
TIDEWATER MORTGAGE SERVICES, INC. 7 5.11% $5,940
PRIMELENDING, A PLAINSCAPITAL COMPANY 7 6.36% $6,702
PENNYMAC LOAN SERVICES, LLC 6 4.52% $4,874
LOANDEPOT.COM, LLC 6 5.47% $3,552
Wells Fargo Bank 6 5.04% $3,226
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 5.44% $3,432
Carrington Mortgage Services, LLC 4 4.06% $6,089
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 5.12% $3,894
Mortgage Research Center, LLC 4 5.22% $4,485
SOUTHERN TRUST MORTGAGE, LLC 4 5.09% $4,380
MCLEAN MORTGAGE CORPORATION 3 5.42% $5,658
DRAPER AND KRAMER MORTGAGE CORP. 3 5.88% $4,226
EMBRACE HOME LOANS, INC. 3 5.54% $3,433
JPMorgan Chase Bank 3 5.37% $2,425
City National Bank of West Virginia 2 4.23% $2,021
Ally Bank 2 4.44% $2,064
ROYAL UNITED MORTGAGE LLC 2 6.50% $6,664
Prosperity Home Mortgage, LLC 2 6.44% $4,408
TOWER 2 5.06% $3,820
Towne Bank 2 4.75% $3,375
Atlantic Union Bank 2 5.00% $3,618
UNION HOME MORTGAGE CORP. 2 4.38% $5,517
First Federal Bank of the Midwest 2 5.13% $4,061
USAA Federal Savings Bank 2 6.69% $5,842
Discover Bank 2 4.62% $0
Atlantic Coast Mortgage, LLC 2 5.69% $5,057
Mr. Cooper ( Nationstar Mortgage ) 2 4.87% $6,243
MOVEMENT MORTGAGE, LLC 2 6.00% $4,620
BROKER SOLUTIONS, INC. 2 6.06% $7,345
TD Bank 2 5.25% $4,726
U.S. Bank 1 3.75% $3,526
VANDERBILT MORTGAGE AND FINANCE, INC. 1 5.25% $6,063
WesBanco 1 5.00% $3,921
WESCOM CENTRAL CREDIT UNION 1 3.50% $4,831
A&D Mortgage LLC 1 7.99% $11,469
West Town Bank & Trust 1 3.87% $8,222
AgFirst Farm Credit Bank 1 5.75% $4,350
AMERICAN FINANCING CORPORATION 1 3.13% $5,138
AmeriHome Mortgage Company, LLC 1 3.25% $2,724
AMERISAVE MORTGAGE CORPORATION 1 2.88% $3,897
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.88% $6,508
BAY CAPITAL MORTGAGE CORPORATION 1 6.13% $3,286
BETTER MORTGAGE CORPORATION 1 3.38% $3,802
Blue Ridge Bank 1 5.50% $3,540
CHURCHILL MORTGAGE CORPORATION 1 3.38% $4,699
Clear Mountain Bank 1 4.13% $2,856
CMG MORTGAGE, INC. 1 6.75% $14,183
DEVELOPER'S MORTGAGE COMPANY 1 3.75% $3,459
DIRECT MORTGAGE LOANS, LLC 1 4.13% $8,432
Farm Credit of the Virginias, ACA 1 5.75% $2,154
First Federal Bank 1 3.50% $6,913
FIRST HOME MORTGAGE CORPORATION 1 5.99% $3,700
First National Bank of Pennsylvania 1 6.63% $4,081
FIRST SAVINGS MORTGAGE CORPORATION 1 3.88% $5,389
Flagstar Bank, FSB 1 6.50% $3,914
GUARANTEED RATE AFFINITY, LLC 1 3.38% $3,631
HOMESIDE FINANCIAL, LLC 1 5.63% $9,331
INTERCOASTAL MORTGAGE COMPANY 1 4.88% $5,017
LAKEVIEW LOAN SERVICING, LLC 1 6.00% $4,204
LOANPAL, LLC 1 4.99% $5,159
MILLENNIUM FINANCIAL GROUP, INC. 1 4.13% $2,492
MORTGAGE ACCESS CORP. 1 4.38% $3,362
MUTUAL OF OMAHA MORTGAGE, INC. 1 4.37% $4,589
Nations Lending Corporation 1 4.63% $5,973
NATIONWIDE MORTGAGE BANKERS, INC. 1 7.13% $5,528
NEWREZ LLC 1 7.13% $3,073
Paramount Residential Mortgage Group, Inc. 1 3.38% $4,149
PHH Mortgage Corporation 1 7.13% $3,558
PLAZA HOME MORTGAGE, INC. 1 6.63% $4,301
PNC Bank 1 5.38% $3,372
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.88% $3,934
Sandy Spring Bank 1 5.13% $4,187
Sierra Pacific Mortgage Company, Inc. 1 4.50% $3,701
SOMERSET TRUST COMPANY 1 4.13% $2,469
Summit Community Bank, Inc. 1 6.13% $2,743
The Federal Savings Bank 1 5.75% $4,170
The Freedom Bank of Virginia 1 5.00% $6,696
The Huntington National Bank 1 5.50% $7,618
THE MORTGAGE LINK, INC. 1 5.99% $9,597
UNITED WHOLESALE MORTGAGE, LLC 1 6.25% $4,937

CUMBERLAND Average Closing Costs & Other Stats

CUMBERLAND, MD-WV's 95 lenders originated 1,929 loans during 2022. The total origination value was $261,605,000, with an average loan value of $135,617.

CUMBERLAND's average closing costs are $4,139.

The top CUMBERLAND lender as defined by loan originations is FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION, with 58 loans originated. Their average total fees are $2,857, which is $2,668 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee CUMBERLAND lenders (with over 10 loans originated) are CHESSIE ($2,728), FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION ($2,857), Dollar Bank, Federal Savings Bank ($2,956), CREDIT UNION MORTGAGE ASSOCIATION, INC. ($3,556) and Truist ($3,617).

The lowest rate CUMBERLAND lenders (with over 10 loans originated) are CREDIT UNION MORTGAGE ASSOCIATION, INC. (3.83%), Dollar Bank, Federal Savings Bank (3.89%), FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION (4.17%), Truist (4.22%) and STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED (4.24%).

CUMBERLAND, MD-WV Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION $37,170,000 $30,255,000 -18.6% 11.6%
QUICKEN LOANS, LLC $38,635,000 $19,640,000 -49.2% 7.5%
Alcova Mortgage LLC $27,740,000 $17,165,000 -38.1% 6.6%
CHESSIE $24,990,000 $15,840,000 -36.6% 6.1%
C & F Mortgage Corporation $19,895,000 $13,855,000 -30.4% 5.3%
Citizens Bank $20,195,000 $9,875,000 -51.1% 3.8%
M&T Bank $11,370,000 $9,165,000 -19.4% 3.5%
First United Corporation $11,050,000 $8,710,000 -21.2% 3.3%
HOMESPIRE MORTGAGE CORPORATION $11,430,000 $8,240,000 -27.9% 3.1%
Truist $6,065,000 $7,525,000 24.1% 2.9%
GUARANTY HOME MORTGAGE CORPORATION $5,185,000 $6,740,000 30.0% 2.6%
Dollar Bank, Federal Savings Bank $5,495,000 n/a 2.1%
Mortgage Research Center, LLC $7,505,000 $5,465,000 -27.2% 2.1%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $6,525,000 $4,710,000 -27.8% 1.8%
The Grant County Bank $2,240,000 $4,370,000 95.1% 1.7%
WEPCO Federal Credit Union $4,750,000 $4,115,000 -13.4% 1.6%
SOUTHERN TRUST MORTGAGE, LLC $6,340,000 $3,800,000 -40.1% 1.5%
CBRE MULTIFAMILY CAPITAL, INC. $3,755,000 n/a 1.4%
FREEDOM MORTGAGE CORPORATION $12,445,000 $3,730,000 -70.0% 1.4%
TIDEWATER MORTGAGE SERVICES, INC. $1,730,000 $3,415,000 97.4% 1.3%
ACT 1ST FCU $2,065,000 $3,325,000 61.0% 1.3%
PENNYMAC LOAN SERVICES, LLC $5,215,000 $3,190,000 -38.8% 1.2%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $3,855,000 $2,960,000 -23.2% 1.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $4,100,000 $2,475,000 -39.6% 0.9%
NAVY FEDERAL CREDIT UNION $3,615,000 $2,365,000 -34.6% 0.9%
George Mason Mortgage, LLC $1,510,000 $2,360,000 56.3% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $2,175,000 $2,340,000 7.6% 0.9%
FNB Bank, Inc. $3,240,000 $2,230,000 -31.2% 0.9%
BROKER SOLUTIONS, INC. $1,105,000 $2,125,000 92.3% 0.8%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,750,000 $1,875,000 7.1% 0.7%
UNITED WHOLESALE MORTGAGE, LLC $990,000 $1,860,000 87.9% 0.7%
Wells Fargo Bank $2,735,000 $1,830,000 -33.1% 0.7%
LOANDEPOT.COM, LLC $3,870,000 $1,795,000 -53.6% 0.7%
USAA Federal Savings Bank $875,000 $1,760,000 101.1% 0.7%
FINANCE OF AMERICA MORTGAGE LLC $230,000 $1,655,000 619.6% 0.6%
Cedar Rapids Bank and Trust Company $1,575,000 n/a 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,525,000 $1,190,000 -22.0% 0.5%
Carrington Mortgage Services, LLC $960,000 $1,110,000 15.6% 0.4%
SOMERSET TRUST COMPANY $1,005,000 $1,085,000 8.0% 0.4%
AMERISAVE MORTGAGE CORPORATION $2,530,000 $895,000 -64.6% 0.3%
Middletown Valley Bank $895,000 n/a 0.3%
TD Bank $880,000 n/a 0.3%
HOMESIDE FINANCIAL, LLC $845,000 n/a 0.3%
EMBRACE HOME LOANS, INC. $485,000 $815,000 68.0% 0.3%
Summit Community Bank, Inc. $1,830,000 $805,000 -56.0% 0.3%
JPMorgan Chase Bank $1,125,000 $790,000 -29.8% 0.3%
TOWER $55,000 $760,000 1,281.8% 0.3%
Bank of Charles Town $1,965,000 $740,000 -62.3% 0.3%
Clear Mountain Bank $640,000 $695,000 8.6% 0.3%
West Town Bank & Trust $630,000 n/a 0.2%
NFM, INC. $1,030,000 $625,000 -39.3% 0.2%
NEW DAY FINANCIAL, LLC $1,010,000 $620,000 -38.6% 0.2%
CMG MORTGAGE, INC. $615,000 n/a 0.2%
INTERCOASTAL MORTGAGE COMPANY $755,000 $605,000 -19.9% 0.2%
FIRST HOME MORTGAGE CORPORATION $1,990,000 $595,000 -70.1% 0.2%
Integrity Home Mortgage Corp $1,035,000 $595,000 -42.5% 0.2%
MCLEAN MORTGAGE CORPORATION $540,000 $525,000 -2.8% 0.2%
PNC Bank $1,465,000 $525,000 -64.2% 0.2%
Discover Bank $120,000 $520,000 333.3% 0.2%
Farm Credit of the Virginias, ACA $520,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $510,000 n/a 0.2%
Atlantic Coast Mortgage, LLC $125,000 $505,000 304.0% 0.2%
DEVELOPER'S MORTGAGE COMPANY $495,000 n/a 0.2%
PLAZA HOME MORTGAGE, INC. $495,000 n/a 0.2%
First National Bank of Pennsylvania $395,000 $480,000 21.5% 0.2%
T2 FINANCIAL LLC $1,365,000 $470,000 -65.6% 0.2%
CHURCHILL MORTGAGE CORPORATION $360,000 $435,000 20.8% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,335,000 $430,000 -67.8% 0.2%
DIRECT MORTGAGE LOANS, LLC $375,000 $410,000 9.3% 0.2%
AMERICAN HERITAGE LENDING, INC. $405,000 n/a 0.2%
Jefferson Security Bank $405,000 n/a 0.2%
AMERICAN FINANCING CORPORATION $345,000 $400,000 15.9% 0.2%
The Huntington National Bank $75,000 $390,000 420.0% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $365,000 n/a 0.1%
First Federal Bank of the Midwest $380,000 $350,000 -7.9% 0.1%
Atlantic Union Bank $625,000 $345,000 -44.8% 0.1%
EagleBank $325,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $185,000 $315,000 70.3% 0.1%
ROYAL UNITED MORTGAGE LLC $255,000 $315,000 23.5% 0.1%
Towne Bank $570,000 $315,000 -44.7% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $350,000 $315,000 -10.0% 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,300,000 $305,000 -76.5% 0.1%
MILLENNIUM FINANCIAL GROUP, INC. $1,240,000 $300,000 -75.8% 0.1%
Flagstar Bank, FSB $275,000 $290,000 5.5% 0.1%
MOVEMENT MORTGAGE, LLC $445,000 $280,000 -37.1% 0.1%
RELIANCE FIRST CAPITAL, LLC $125,000 $280,000 124.0% 0.1%
UNION HOME MORTGAGE CORP. $65,000 $280,000 330.8% 0.1%
AgFirst Farm Credit Bank $570,000 $275,000 -51.8% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $885,000 $275,000 -68.9% 0.1%
Hometown Bank of Pennsylvania $260,000 n/a 0.1%
Prosperity Home Mortgage, LLC $1,650,000 $260,000 -84.2% 0.1%
THE MORTGAGE LINK, INC. $255,000 n/a 0.1%
BAY CAPITAL MORTGAGE CORPORATION $495,000 $250,000 -49.5% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $1,875,000 $240,000 -87.2% 0.1%
Sierra Pacific Mortgage Company, Inc. $1,185,000 $240,000 -79.7% 0.1%
WesBanco Bank, Inc. $235,000 n/a 0.1%
ACADEMY MORTGAGE CORPORATION $225,000 n/a 0.1%
OCMBC, INC. $220,000 n/a 0.1%
Sandy Spring Bank $300,000 $215,000 -28.3% 0.1%
NEWREZ LLC $1,145,000 $210,000 -81.7% 0.1%
AmeriHome Mortgage Company, LLC $220,000 $205,000 -6.8% 0.1%
The Freedom Bank of Virginia $145,000 $205,000 41.4% 0.1%
Barrington Bank & Trust Company, N.A. $545,000 $200,000 -63.3% 0.1%
City National Bank of West Virginia $275,000 $200,000 -27.3% 0.1%
A&D Mortgage LLC $195,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $2,905,000 $195,000 -93.3% 0.1%
Chicago Mortgage Solutions LLC $210,000 $195,000 -7.1% 0.1%
U.S. Bank $285,000 $190,000 -33.3% 0.1%
Blue Ridge Bank $185,000 n/a 0.1%
First Exchange Bank $185,000 n/a 0.1%
First Federal Bank $365,000 $185,000 -49.3% 0.1%
GENEVA FINANCIAL, LLC $185,000 n/a 0.1%
GUILD MORTGAGE COMPANY $185,000 n/a 0.1%
Hometown Lenders, Inc. $185,000 n/a 0.1%
Ally Bank $180,000 n/a 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $180,000 n/a 0.1%
Colonial Savings, F.A. $175,000 n/a 0.1%
Gateway First Bank $135,000 $175,000 29.6% 0.1%
HOME POINT FINANCIAL CORPORATION $885,000 $175,000 -80.2% 0.1%
NBKC BANK $175,000 n/a 0.1%
North American Savings Bank, F.S.B. $175,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $425,000 $175,000 -58.8% 0.1%
UNIVERSAL MORTGAGE & FINANCE, INC. $175,000 n/a 0.1%
Citadel Servicing Corporation $165,000 n/a 0.1%
PLANET HOME LENDING, LLC $635,000 $165,000 -74.0% 0.1%
US MORTGAGE CORPORATION $165,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $580,000 $155,000 -73.3% 0.1%
SWBC MORTGAGE CORPORATION $155,000 n/a 0.1%
CALIBER HOME LOANS, INC. $2,975,000 $145,000 -95.1% 0.1%
GUARANTEED RATE AFFINITY, LLC $135,000 $145,000 7.4% 0.1%
Nations Lending Corporation $75,000 $145,000 93.3% 0.1%
Plains Commerce Bank $340,000 $145,000 -57.4% 0.1%
SOUTHPOINT FINANCIAL SERVICES, INC. $145,000 n/a 0.1%
The Federal Savings Bank $790,000 $145,000 -81.6% 0.1%
Rosedale Federal Savings and Loan Association $75,000 $135,000 80.0% 0.1%
Presidential Bank, FSB $125,000 n/a 0.0%
AMERICAN ADVISORS GROUP $25,000 $120,000 380.0% 0.0%
PENTAGON FEDERAL CREDIT UNION $300,000 $115,000 -61.7% 0.0%
1ST FINANCIAL, INC. $105,000 n/a 0.0%
BALTIMORE COUNTY EMPLOYEES $105,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $105,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $120,000 $105,000 -12.5% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $105,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $230,000 $95,000 -58.7% 0.0%
APEX HOME LOANS, INC. $265,000 $95,000 -64.2% 0.0%
First Guaranty Mortgage Corporation $140,000 $95,000 -32.1% 0.0%
NATIONWIDE EQUITIES CORPORATION $95,000 n/a 0.0%
PHH Mortgage Corporation $95,000 n/a 0.0%
WESCOM CENTRAL CREDIT UNION $95,000 n/a 0.0%
Bank of America $825,000 $85,000 -89.7% 0.0%
FIRST SAVINGS MORTGAGE CORPORATION $225,000 $85,000 -62.2% 0.0%
LEADERONE FINANCIAL CORPORATION $85,000 n/a 0.0%
LOANPAL, LLC $85,000 n/a 0.0%
MORTGAGE ACCESS CORP. $505,000 $75,000 -85.1% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $75,000 n/a 0.0%
Citibank $65,000 n/a 0.0%
Kish Bank $65,000 n/a 0.0%
Lakeview Community Capital, LLC $65,000 n/a 0.0%
PATRIOT $65,000 n/a 0.0%
United Bank $135,000 $65,000 -51.9% 0.0%
GUARANTEED RATE, INC. $1,075,000 $55,000 -94.9% 0.0%
Pendleton Community Bank, Inc. $170,000 $55,000 -67.6% 0.0%
Capon Valley Bank $15,000 $45,000 200.0% 0.0%
Fulton Bank $35,000 n/a 0.0%
SPRING EQ, LLC $35,000 n/a 0.0%
21ST MORTGAGE CORPORATION $25,000 $30,000 20.0% 0.0%

CUMBERLAND's top lender by overall market share is FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION, with 11.6% market share. In second place, with 7.5%, is QUICKEN LOANS, LLC, having originated $19,640,000 in loans. In third place, with 6.6%, is Alcova Mortgage LLC, having originated $17,165,000 in loans. In fourth place, with 6.1%, is CHESSIE, having originated $15,840,000 in loans. In fifth place, with 5.3%, is C & F Mortgage Corporation, having originated $13,855,000 in loans.


CUMBERLAND Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - CUMBERLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $115,375 (5.0%) $149,910 (4.4%) 0.00 470
2018-02-01 $119,000 (7.2%) $150,895 (4.1%) 0.00 451
2018-03-01 $119,000 (8.5%) $153,266 (6.5%) 0.00 457
2018-04-01 $118,950 (10.1%) $146,996 (2.6%) 0.00 491
2018-05-01 $119,450 (8.1%) $147,110 (1.5%) 0.00 503
2018-06-01 $119,900 (6.0%) $148,625 (1.5%) 0.00 522
2018-07-01 $119,900 (4.7%) $146,855 (0.4%) 0.00 530
2018-08-01 $120,450 (5.2%) $150,452 (3.5%) 0.00 535
2018-09-01 $124,900 (8.6%) $150,185 (0.1%) 0.00 559
2018-10-01 $119,950 (0.8%) $150,230 (-1.2%) 0.00 553
2018-11-01 $116,825 (1.6%) $148,172 (-1.4%) 0.00 554
2018-12-01 $116,150 (1.0%) $148,206 (0.5%) 0.00 550
2019-01-01 $114,997 (-0.3%) $147,841 (-1.4%) 0.00 482
2019-02-01 $119,450 (0.4%) $149,067 (-1.2%) 0.00 451
2019-03-01 $117,428 (-1.3%) $147,804 (-3.6%) 0.00 451
2019-04-01 $114,125 (-4.1%) $144,382 (-1.8%) 0.00 452
2019-05-01 $114,900 (-3.8%) $147,413 (0.2%) 0.00 468
2019-06-01 $119,000 (-0.8%) $151,098 (1.7%) 0.00 479
2019-07-01 $119,900 (0.0%) $151,108 (2.9%) 0.00 485
2019-08-01 $121,891 (1.2%) $153,433 (2.0%) 0.00 464
2019-09-01 $124,877 (0.0%) $156,146 (4.0%) 0.00 442
2019-10-01 $125,768 (4.9%) $157,954 (5.1%) 0.00 427
2019-11-01 $119,900 (2.6%) $154,021 (4.0%) 0.00 427
2019-12-01 $118,475 (2.0%) $147,720 (-0.3%) 0.00 414
2020-01-01 $111,850 (-2.7%) $153,931 (4.1%) 0.00 382
2020-02-01 $109,900 (-8.0%) $165,226 (10.8%) 0.00 353
2020-03-01 $114,975 (-2.1%) $170,278 (15.2%) 0.00 339
2020-04-01 $112,175 (-1.7%) $171,364 (18.7%) 0.00 325
2020-05-01 $110,250 (-4.1%) $172,616 (17.1%) 0.00 303
2020-06-01 $119,450 (0.4%) $186,201 (23.2%) 0.00 282
2020-07-01 $124,975 (4.2%) $194,403 (28.7%) 0.00 260
2020-08-01 $123,000 (0.9%) $208,861 (36.1%) 0.00 259
2020-09-01 $125,225 (0.3%) $214,976 (37.7%) 0.00 254
2020-10-01 $125,950 (0.1%) $206,651 (30.8%) 0.00 259
2020-11-01 $128,975 (7.6%) $202,533 (31.5%) 0.00 256
2020-12-01 $127,319 (7.5%) $213,893 (44.8%) 0.00 231
2021-01-01 $126,950 (13.5%) $226,206 (47.0%) 0.00 199
2021-02-01 $133,475 (21.5%) $247,997 (50.1%) 0.00 170
2021-03-01 $134,950 (17.4%) $249,389 (46.5%) 0.00 155
2021-04-01 $141,125 (25.8%) $260,274 (51.9%) 0.00 144
2021-05-01 $135,000 (22.5%) $258,347 (49.7%) 0.00 146
2021-06-01 $151,625 (26.9%) $266,461 (43.1%) 0.00 150
2021-07-01 $140,450 (12.4%) $253,958 (30.6%) 0.00 173
2021-08-01 $134,875 (9.7%) $239,153 (14.5%) 0.00 199
2021-09-01 $129,950 (3.8%) $234,798 (9.2%) 0.00 206
2021-10-01 $130,000 (3.2%) $229,328 (11.0%) 0.00 193
2021-11-01 $129,950 (0.8%) $227,650 (12.4%) 0.00 196
2021-12-01 $118,000 (-7.3%) $213,876 (0.0%) 0.00 189
2022-01-01 $119,900 (-5.6%) $212,226 (-6.2%) 0.00 174
2022-02-01 $121,500 (-9.0%) $178,825 (-27.9%) 0.00 158
2022-03-01 $121,100 (-10.3%) $188,453 (-24.4%) 0.00 148
2022-04-01 $127,000 (-10.0%) $194,118 (-25.4%) 0.00 131
2022-05-01 $134,950 (0.0%) $221,777 (-14.2%) 0.00 147
2022-06-01 $130,975 (-13.6%) $216,773 (-18.7%) 0.00 176
2022-07-01 $134,000 (-4.6%) $222,036 (-12.6%) 0.00 193
2022-08-01 $145,144 (7.6%) $228,380 (-4.5%) 0.00 202
2022-09-01 $142,344 (9.5%) $220,074 (-6.3%) 0.00 205
2022-10-01 $149,700 (15.2%) $212,266 (-7.4%) 0.00 210
2022-11-01 $157,250 (21.0%) $208,674 (-8.3%) 0.00 207
2022-12-01 $149,950 (27.1%) $221,550 (3.6%) 0.00 193
2023-01-01 $162,450 (35.5%) $238,645 (12.5%) 0.00 164
2023-02-01 $147,644 (21.5%) $228,947 (28.0%) 0.00 158
2023-03-01 $156,200 (29.0%) $237,311 (25.9%) 0.00 154
2023-04-01 $139,900 (10.2%) $199,090 (2.6%) 0.00 142
2023-05-01 $139,800 (3.6%) $198,783 (-10.4%) 0.00 157
2023-06-01 $140,675 (7.4%) $193,426 (-10.8%) 0.00 151
2023-07-01 $139,900 (4.4%) $196,127 (-11.7%) 0.00 161
2023-08-01 $152,125 (4.8%) $202,184 (-11.5%) 0.00 169
2023-09-01 $155,250 (9.1%) $203,258 (-7.6%) 0.00 181
2023-10-01 $159,950 (6.9%) $210,306 (-0.9%) 0.00 196
2023-11-01 $159,900 (1.7%) $211,442 (1.3%) 0.00 207
CUMBERLAND's median listing price for 2023-11-01 was $159,900, a difference of $2,650 (1.7%) versus the prior year and $-50 versus the prior month.

CUMBERLAND's median listing price comes in at 0% of the national average.

CUMBERLAND's average listing price for 2023-11-01 was $211,442, a difference of $2,768 (1.3%) versus the prior year and $1,136 versus the prior month.

For the 2023-11-01 period, CUMBERLAND had 207 MLS listings, a difference of 11 listings (6%) versus the prior month and 0 listings (0%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - CUMBERLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,598 sqft
2018-02-01 0 days 1,604 sqft
2018-03-01 0 days 1,600 sqft
2018-04-01 0 days 1,614 sqft
2018-05-01 0 days 1,612 sqft
2018-06-01 0 days 1,680 sqft
2018-07-01 0 days 1,674 sqft
2018-08-01 0 days 1,682 sqft
2018-09-01 0 days 1,700 sqft
2018-10-01 0 days 1,703 sqft
2018-11-01 0 days 1,683 sqft
2018-12-01 0 days 1,651 sqft
2019-01-01 0 days 1,654 sqft
2019-02-01 0 days 1,656 sqft
2019-03-01 0 days 1,649 sqft
2019-04-01 0 days 1,622 sqft
2019-05-01 0 days 1,624 sqft
2019-06-01 0 days 1,682 sqft
2019-07-01 0 days 1,685 sqft
2019-08-01 0 days 1,680 sqft
2019-09-01 0 days 1,680 sqft
2019-10-01 0 days 1,684 sqft
2019-11-01 0 days 1,728 sqft
2019-12-01 0 days 1,693 sqft
2020-01-01 0 days 1,674 sqft
2020-02-01 0 days 1,672 sqft
2020-03-01 0 days 1,687 sqft
2020-04-01 0 days 1,701 sqft
2020-05-01 0 days 1,704 sqft
2020-06-01 0 days 1,728 sqft
2020-07-01 0 days 1,745 sqft
2020-08-01 0 days 1,778 sqft
2020-09-01 0 days 1,731 sqft
2020-10-01 0 days 1,730 sqft
2020-11-01 0 days 1,677 sqft
2020-12-01 0 days 1,657 sqft
2021-01-01 0 days 1,710 sqft
2021-02-01 0 days 1,740 sqft
2021-03-01 0 days 1,701 sqft
2021-04-01 0 days 1,732 sqft
2021-05-01 0 days 1,659 sqft
2021-06-01 0 days 1,704 sqft
2021-07-01 0 days 1,700 sqft
2021-08-01 0 days 1,686 sqft
2021-09-01 0 days 1,679 sqft
2021-10-01 0 days 1,650 sqft
2021-11-01 0 days 1,606 sqft
2021-12-01 0 days 1,592 sqft
2022-01-01 0 days 1,568 sqft
2022-02-01 0 days 1,532 sqft
2022-03-01 0 days 1,524 sqft
2022-04-01 0 days 1,510 sqft
2022-05-01 0 days 1,538 sqft
2022-06-01 0 days 1,560 sqft
2022-07-01 0 days 1,590 sqft
2022-08-01 0 days 1,658 sqft
2022-09-01 0 days 1,637 sqft
2022-10-01 0 days 1,686 sqft
2022-11-01 0 days 1,689 sqft
2022-12-01 0 days 1,687 sqft
2023-01-01 0 days 1,729 sqft
2023-02-01 0 days 1,682 sqft
2023-03-01 0 days 1,723 sqft
2023-04-01 0 days 1,592 sqft
2023-05-01 0 days 1,577 sqft
2023-06-01 0 days 1,595 sqft
2023-07-01 0 days 1,591 sqft
2023-08-01 0 days 1,616 sqft
2023-09-01 0 days 1,568 sqft
2023-10-01 0 days 1,637 sqft
2023-11-01 0 days 1,618 sqft
CUMBERLAND's median listing age (time on market) for 2023-11-01 was 0 days.

CUMBERLAND's median square footage for active listings during the 2023-11-01 period was 1,618 sqft. One year prior, the average listing was 1,689 sqft.

CUMBERLAND, MD-WV Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
21501 Cumberland, MD-WV $520 $630 $790 $1,030 $1,320
21502 Cumberland, MD-WV $510 $620 $770 $1,000 $1,280
21503 Cumberland, MD-WV $520 $630 $790 $1,030 $1,320
21505 Cumberland, MD-WV $520 $630 $790 $1,030 $1,320
21521 Cumberland, MD-WV $500 $610 $760 $990 $1,270
21524 Cumberland, MD-WV $580 $660 $810 $1,080 $1,340
21528 Cumberland, MD-WV $520 $630 $790 $1,030 $1,320
21529 Cumberland, MD-WV $520 $630 $790 $1,030 $1,320
21530 Cumberland, MD-WV $530 $630 $790 $1,030 $1,320
21532 Cumberland, MD-WV $560 $670 $840 $1,100 $1,400
21539 Cumberland, MD-WV $500 $610 $760 $990 $1,260
21540 Cumberland, MD-WV $500 $610 $760 $990 $1,260
21542 Cumberland, MD-WV $500 $610 $760 $990 $1,260
21543 Cumberland, MD-WV $560 $670 $840 $1,100 $1,400
21545 Cumberland, MD-WV $540 $660 $820 $1,070 $1,370
21555 Cumberland, MD-WV $550 $640 $780 $1,030 $1,290
21556 Cumberland, MD-WV $520 $630 $790 $1,030 $1,320
21557 Cumberland, MD-WV $680 $820 $1,030 $1,340 $1,720
21562 Cumberland, MD-WV $500 $610 $760 $990 $1,260
21750 Cumberland, MD-WV $520 $620 $790 $1,130 $1,370
21766 Cumberland, MD-WV $520 $630 $790 $1,030 $1,320
26710 Cumberland, MD-WV $740 $740 $960 $1,260 $1,640
26717 Cumberland, MD-WV $500 $610 $760 $990 $1,260
26719 Cumberland, MD-WV $500 $610 $760 $990 $1,260
26726 Cumberland, MD-WV $500 $610 $760 $990 $1,260
26731 Cumberland, MD-WV $500 $610 $760 $990 $1,260
26743 Cumberland, MD-WV $510 $600 $760 $990 $1,260
26750 Cumberland, MD-WV $500 $610 $760 $990 $1,260
26753 Cumberland, MD-WV $510 $620 $770 $1,000 $1,280
26757 Cumberland, MD-WV $740 $740 $960 $1,260 $1,640
26763 Cumberland, MD-WV $740 $740 $960 $1,260 $1,640
26767 Cumberland, MD-WV $580 $700 $870 $1,130 $1,450
26852 Cumberland, MD-WV $740 $740 $960 $1,260 $1,640

2022 Average & Median Rent Data Statistics
CUMBERLAND, MD-WV average 1BR rent: $648, median: $630
CUMBERLAND, MD-WV average 2BR rent: $813, median: $790
CUMBERLAND, MD-WV average 3BR rent: $1,065, median: $1,030

CUMBERLAND, MD-WV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 975 $151,725,000 $155,615
Cash Out Refi 407 $50,605,000 $124,337
Refi 323 $43,905,000 $135,929
Other 120 $8,270,000 $68,917
Home Improvement 104 $7,100,000 $68,269

Cumberland's most frequently cited loan purpose was Home Purchase, with 975 originations. The 2nd most popular reason was Cash Out Refi, with 407 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 432 $58,200,000 $134,722
5-6% 406 $61,190,000 $150,714
4-5% 374 $52,830,000 $141,257
6-7% 197 $28,255,000 $143,426
2.5-3% 144 $16,650,000 $115,625
<2.5% 127 $12,265,000 $96,575
7-8% 61 $6,645,000 $108,934
Over 8% 27 $1,755,000 $65,000

During 2022, Cumberland's most frequently originated rate bucket was 3-4%, with 432 originations.

Loan Sizing (CUMBERLAND, MD-WV MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 809 $49,025,000 $60,600
$100k-200k 797 $112,235,000 $140,822
$200k-400k 280 $72,600,000 $259,286
$400k-600k 30 $13,790,000 $459,667
$600k-1000k 10 $6,970,000 $697,000
$Over $1MM 3 $6,985,000 $2,328,333

CUMBERLAND's loan sizing saw the bucket of loans from $100,000 or less with 809 originations, totaling $49,025,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 806 $128,430,000 $159,342
60-80% 451 $68,045,000 $150,876
40-60% 193 $22,145,000 $114,741
20-40% 155 $9,925,000 $64,032
Under 20% 126 $4,060,000 $32,222
Over 100% 10 $2,060,000 $206,000

CUMBERLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 806 originations, totaling $128,430,000 in origination value.