Is Cave City, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cave City is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Cave City has remained a Neutral Market.

Key Takeaway

Cave City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cave City, AR

How much do homes in Cave City, AR cost?

Median Sold Price

$109,000

$76/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$19,500(-15.2%)

Key Takeaway

Homes in Cave City have sold for 15.2% less than they did a month ago.

Summary: The median home sold price in Cave City was $109,000 in November 2024, down 15.2% from last month, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $115K$125K
+8.7%
3 $142K-
N/A
4 -$93K
N/A
5+ --
N/A

Summary: Cave City housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cave City
-15.2%
Cave Township
-15.2%

Housing Supply in Cave City, AR

How many homes are available in Cave City, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The Cave City real estate market had 13 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 98
-11.1%
4 11
0.0%
5+ 11
0.0%

Summary: The Cave City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cave City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cave City in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cave City, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Cave City, AR

Nearby Markets to Cave City, AR