The story of this market
The typical home in ZIP 02864 sells for about $532,450, or $286 per square foot.
Prices are up +8.7% from a year ago, so sellers still have some momentum. Homes take about 16 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,379 a month.
ZIP 02864 — Cumberland
The Cumberland housing market remains competitive with low inventory and steady price appreciation, driven by strong demand for suburban family homes. While sales volume has fluctuated, the median price continues to trend upward, reflecting the area's desirability and limited supply.
This ZIP is ideal for families and commuters seeking a suburban lifestyle with access to open space and good schools, while remaining within reach of major regional employment centers.
Median prices moved up 8.7% year over year.
Homes spend a median of 16 days on market with 2.4 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 3.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 02864, Providence County RI
Cumberland generally reports lower crime rates compared to the broader Rhode Island and national averages, maintaining a reputation as a safe suburban community.
The area is served by the Cumberland School District, which is generally regarded as providing quality public education with several schools receiving favorable ratings.
The region faces standard New England climate risks, including winter storms and potential localized flooding in low-lying areas near the Blackstone River; insurance markets remain stable.
Economic momentum is driven by its proximity to the Providence metropolitan area and the I-95/I-295 corridors, with a mix of residential development and local commercial services.
Property taxes are assessed at the municipal level by the Town of Cumberland; rates are determined annually based on the town's budget requirements and property valuations.
Residents primarily commute by car to Providence or nearby Massachusetts employment hubs via I-295 and RI-146, with limited public transit options available.
The area features significant outdoor amenities including the Blackstone River Bikeway, Diamond Hill Park, and various local golf courses and shopping centers along the Mendon Road corridor.
The rental market is characterized by low vacancy rates and steady demand, with a mix of single-family rentals and apartment complexes; short-term rental presence is minimal.
The local economy is supported by a mix of retail, healthcare, and professional services, with many residents employed in the broader Providence-Warwick metropolitan area.
The area is served by major highway corridors including I-295 and RI-146, facilitating regional travel; public transit is limited to bus services connecting to Providence.
Development is primarily focused on residential infill and small-scale commercial improvements along major arterial roads.
Parcels are subject to municipal property taxes and standard school district levies; no major MUD/PID districts are prevalent.
Property insurance remains available and standard for the region, with premiums reflecting typical New England hazard profiles.
Data retrieved from data.census.gov ZCTA 02864 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Gillette Stadium4.611 mi
- The Xfinity Center4.29.7 mi
- Supercharged Entertainment4.57.4 mi
- Patriot Place4.610.8 mi
- Amica Mutual Pavilion4.410.3 mi
- Bally's Lincoln3.96.2 mi
- Roger Williams Park Zoo4.612.6 mi
- Southwick's Zoo4.711.2 mi
- RISD Museum4.710.1 mi
- Urban Air Trampoline and Adventure Park4.58 mi
- RISD Museum4.710.1 mi
- Providence Children's Museum4.610.8 mi
- The Providence Athenaeum4.810.1 mi
- The WaterFire Arts Center4.710 mi
- Children's Museum In Easton4.216.9 mi
- Lincoln Woods State Park4.65.3 mi
- Roger Williams Park4.712.4 mi
- Slater Memorial Park4.67.6 mi
- Prospect Terrace4.79.8 mi
- India Point Park4.710.7 mi
- Fore Kicks Sports Complex and Golf Course4.59.9 mi
- TPC Boston4.79.4 mi
- Kirkbrae Country Club4.63.4 mi
- Triggs Memorial Golf Course4.29.9 mi
- Wentworth Hills Country Club3.93.3 mi
- Wrentham Village Premium Outlets4.55.4 mi
- Providence Place4.49.9 mi
- Patriot Place4.610.8 mi
- Emerald Square Mall43.4 mi
- Rhode Island T.F. Green International Airport4.417.2 mi
- Boston Skydive Center55.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large municipal park offering trails, sports fields, and seasonal events.
Regional paved trail system for cycling and walking along the river.
Private institution serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.