Commercial Real Estate Market in Cumberland, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Cumberland, IN spans 11.3 square miles in Marion County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cumberland, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Cumberland, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cumberland, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Cumberland, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 44.2%
- Planned_development 28.5%
- Commercial 25.6%
- Agricultural 1.8%
Largest Zones share of zoned land by district
Residential
Planned Unit Development
Business
Planned Unit Development Residential
Business
Residential (R-1)
This Residential Districts here in is comprised of single family dwellings. The district is intended to provide for a variety of housing choices for the citizens of the Town of Cumberland.
Market overview
Demographics & Economy
Cumberland, IN has 29,252 residents in 12,046 households. Density runs 2,578 people per square mile. Median household income here is $62,982 and median gross rent $1,020 a month.
29,252
Population
12,046
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,578
Density / Sq Mi
$62,982
Median Household Income
$40,407
Median Earnings
$1,020
Median Rent
$170,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Gem | — | — |
| Brookville Heights | — | — |
| Warren Park | — | — |
| New Palestine | — | — |
Methodology & data sources
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,511 zoned acres across 11 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
