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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, Cave City was a Buyer's Market.

Key Takeaway

Cave City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cave City, AR

How much do homes in Cave City, AR cost?

Median Sold Price

$225,750

$134/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$116,750(+107.1%)

Key Takeaway

Homes in Cave City have sold for 107.1% more than they did a month ago.

Summary: The median home sold price in Cave City was $225,750 in December 2024, up 107.1% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $125K$88K
-29.6%
3 -$330K
N/A
4 $93K-
N/A
5+ --
N/A

Summary: Cave City housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.6%, 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
+107.1%
Cave Township
-3.9%

Housing Supply in Cave City, AR

How many homes are available in Cave City, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
16160.0%

Summary: The Cave City real estate market had 16 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1113
+18.2%
4 10
-100.0%
5+ 11
0.0%

Summary: The Cave City housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Cave City in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% 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 4 Days Ago

Newest Listings in Cave City, AR

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