Cumberland, ME · ZIP 04107 · Census Tract 23005003701 · 2027–2030 outlook
Current modeled value
$796K
Downside (P10)
$647K
-19% by 2030
Base Case (P50)
$846K
+6% by 2030
Upside (P90)
$1.16M
+46% by 2030
Base case: +6% by 2030, with a forecast range from -19% to +46%. Uncertainty is typical relative to similar Cumberland markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $395K | $433K | $444K | $477K | $492K | $527K | $552K | $625K | $705K | $752K | $765K | $796K | $811K | $842K | $846K |
| YoY Change | +9.5% | +2.6% | +7.3% | +3.2% | +7.2% | +4.7% | +13.1% | +12.8% | +6.8% | +1.7% | +4.1% | +1.8% | +3.9% | +0.5% | |
| Downside (P10) | $700K | $678K | $683K | $647K | |||||||||||
| Upside (P90) | $928K | $977K | $1.1M | $1.2M |
The forecast range is moderate for this market over this horizon. Near-term outcomes are relatively tight, but uncertainty widens meaningfully by 2030.
1-Year Spread
$707K to $842K
17.6% of median
5-Year Spread
$647K to $1.16M
60.6% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Long Island area | $669K | $795K | +18.9% |
| South Portland | $657K | $780K | +18.7% |
| Brunswick | $386K | $451K | +16.9% |
| Westbrook | $426K | $495K | +16.2% |
| Portland | $432K | $501K | +16.1% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread |
|---|---|---|---|
| Harrison | $252K | $263K | $140K |
| Baldwin area | $289K | $299K | $149K |
| Brunswick | $240K | $256K | $151K |
| South Portland | $345K | $370K | $152K |
| Westbrook | $306K | $338K | $168K |
Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.
Model
Homecastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources