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CUMBERLAND, KY 40823

Real Estate Market Report  ·  Harlan County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CUMBERLAND, KY real estate market (40823) currently shows 11 active listings, with 1 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 21 days on market compared to 46 days last year.

The median listing price has risen 114.1% year-over-year, from $149,450 to $320,000.

Whether you are buying or selling in CUMBERLAND, KY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,846  ·  Density: 30.7/mi²  ·  Median household income: $34,491

Typical home value: $70,387  ·  Homeownership: 57.9%

Market Overview

Active Listings
11
⇧ 266.7% vs 3 last year
Pending
1
9% pending ratio
Median Price
$320,000
⇧ 114.1% vs $149,450 last year
Average Price
$237,900
⇧ 20.4% vs $197,633 last year
Days on Market
21
⇩ 54.3% vs 46 days last year

Price Per Square Foot

Median $/sqft
$327
⇧ 99.4% vs $164/sqft last year
Median Home Size
1,001 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 3 last year
  • Days on market: 21 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $320,000 (+114.1% YoY)
  • Average: $237,900 (+20.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.7 miles — 73 listings ($13,266,879 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40823Cumberland, KY 408230.0 mi8$1,565,736$142,250$195,717
40870Totz, KY 408709.0 mi2$500,000$250,000$250,000
40828Evarts, KY 4082810.6 mi8$575,192$57,500$71,899
24243Dryden, VA 2424312.7 mi3$712,350$237,450$237,450
41845Premium, KY 4184513.5 mi1$169,900$169,900$169,900
24277Pennington Gap, VA 2427714.5 mi19$3,308,242$149,900$174,118
41777Yeaddiss, KY 4177715.2 mi1$149,900$149,900$149,900
41826Jeremiah, KY 4182615.4 mi1$279,000$279,000$279,000
40818Coalgood, KY 4081817.0 mi1$145,000$145,000$145,000
41760Scuddy, KY 4176017.3 mi1$129,000$129,000$129,000
24273Norton, VA 2427318.4 mi23$4,246,559$155,550$184,633
41773Vicco, KY 4177319.3 mi3$1,182,000$394,000$394,000
41751Jeff, KY 4175119.7 mi2$304,000$152,000$152,000

Frequently Asked Questions

How many homes are for sale in CUMBERLAND, KY 40823?

As of March 2026, there are 11 active listings in CUMBERLAND, KY (zip code 40823), compared to 3 the prior year.

What is the median home price in CUMBERLAND, KY 40823?

The median listing price in CUMBERLAND, KY 40823 is $320,000 as of March 2026, a 114.1% increase from $149,450 the prior year.

How long do homes stay on the market in CUMBERLAND, KY?

Homes in CUMBERLAND, KY 40823 spend an average of 21 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in CUMBERLAND, KY 40823?

Based on current inventory and days-on-market data as of March 2026, CUMBERLAND, KY 40823 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 21 days on market compared to 46 days last year.

How much can I save on real estate commission in CUMBERLAND, KY?

With SELL123.com's maximum 3% commission, sellers in CUMBERLAND, KY 40823 save an estimated $6,400 compared to a typical 5% commission on the median listing price of $320,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.