Photo: Ruth Hartnup from Vancouver, Canada · CC BY 2.0Homes in Cumberland are worth a median $650,000
Behind it are the answers of 1,325 owners at the 2021 census. Statistics Canada counted 125 buyers in 2023, paying a median $752,000. Assessors valued the median residential property at $768,000 for 2024.
Three ways to price a home in Cumberland
Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $677K
- Owners
- 1,325
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $760K
- ÷ buyers’ income
- 4.2×
- Buyers
- 125
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Detached houses make up 71% of Cumberland’s residential properties
The 2024 assessment roll counts 1,690 homes in Cumberland, detached houses 71% of them.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
Before 1961: 26% of the homes in Cumberland, where British Columbia’s towns have 11%
The 2021 census counted 1,840 occupied homes in Cumberland; 65% of them are single-detached houses.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Cumberland | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 8% | 10% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 9% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building ahead of British Columbia’s towns: 30.1 new homes a year per 1,000 in Cumberland, against 18.1
Building permits added 391 homes in Cumberland between 2018 and 2023: some 65 a year. About 43% went into single-unit buildings, where British Columbia’s towns built 27%.
The busiest year: 2018, with 114 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Cumberland is 10% below the $720,000 median of British Columbia’s towns
254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Cumberland: Courtenay
The places around Cumberland at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Cumberland | $650K | $677K | 72% | |
| Courtenay | $572K | $593K | 71% | 8.8 |
| Comox | $628K | $663K | 77% | 10.1 |
| Electoral Area A, Comox Valley | $725K | $780K | 85% | 11.1 |
| Electoral Area B (Lazo North), Comox Valley | $800K | $881K | 85% | 13.8 |
| Electoral Area C (Puntledge - Black Creek), Comox Valley | $750K | $789K | 87% | 17.7 |
Census 2021 values; km.
Questions about property prices in Cumberland
Is Cumberland expensive for British Columbia?
No: Cumberland’s census median is below the $720,000 of British Columbia’s towns.
What is the average house price in Cumberland?
An average of $760,000 in 2023, with the median sale at 4.2 times the buyer’s income.
How many households in Cumberland are in core housing need?
In line with British Columbia’s towns (10%): 9% in Cumberland, counting the households whose home falls short on cost, size or repair.
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).