Cumberland County Real Estate Market Update: January–June 2025 vs. Prior Years

If you’ve been wondering how the local housing market is shaping up, I’ve crunched the numbers for residential sales across Cumberland County from January through June—stacked up against the same stretch in 2024 and 2023. Here’s what the data reveals, and what it could mean for you whether you’re buying, selling, or investing.

📈 Home Prices: Still Climbing, But More Gradually

• 2023 (Jan–Jun): Average close price was about $240,200.

• 2024 (Jan–Jun): Rose to roughly $263,050, marking an approx. 9.5% year-over-year increase.

• 2025 (Jan–Jun): Now sits near $273,100, adding another 3.8% gain from last year.

This indicates that while prices are still trending up, the rate of appreciation is starting to level off compared to the bigger jumps we saw between 2023 and 2024. That’s healthy for long-term stability and may reduce the risk of bidding wars cooling buyers’ plans.

⏳ Days on Market: Slower in Early 2025

• 2023 (Jan–Jun): Homes spent around 35 days on the market, on average.

• 2024 (Jan–Jun): Sold even faster, averaging just 33 days.

• 2025 (Jan–Jun): We’ve seen a reversal, with homes taking roughly 50 days to sell.

This slowdown means buyers have more time to tour homes and negotiate, while sellers should be prepared for slightly longer timelines. Strategic pricing and standout marketing are more important than ever to attract qualified buyers quickly.

💡 What Does This Mean for You?

✅ Buyers: Less frantic competition could help you lock in a home with fewer bidding wars—though rising rates mean it’s still smart to get pre-approved and lock in terms early.

✅ Sellers: Values are holding strong, but patience is key. Homes are still moving, just at a more measured pace than last year. Making small improvements—like fresh paint or updated fixtures—can keep your listing competitive.

✅ Investors: Steady appreciation plus more manageable purchase timelines create opportunities, especially for long-term holds in a growing rental market.

📲 Let’s Talk About Your 2025 Goals

Whether you’re thinking of buying this year, planning to list soon, or just want to keep tabs on your home’s value, I’m here to give you a clear, local perspective.

Call or text me anytime at 910-916-9315, or reach out at cassie@birchandbeamrealty.com. closewithcassienc.com.

Close with Cassie—and feel confident every step of the way.