$0
1509 N Toohey Ridge Rd
Cave City, KY
4 bd3 ba2,364 sqft0
House1.00 acres
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Sarah Mitchell
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Compass Real Estate · Cave City, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Cave City, KY(512) 555-0184TX License #0512847
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Cave City, KY Housing Market
Buyer's market-4.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Cave City, KY is worth $210,206, fell 4.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $181,750, -28.9% year over year (through May 2026). With 12.0 months of supply and homes going under contract in about 33 days, Cave City is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $210,206 home is about $1,122/mo in principal and interest.
Key numbers for Cave City, KY
Typical home value
$210,206
-4.7% in 12 months
Zillow, August 2026
Median sale price
$181,750
-28.9% year over year
Redfin, through May 2026
Days on market
33
Average pace
Redfin, through May 2026
Active listings
12
12.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$33,672
Home costs 6.2x income
U.S. Census ACS, 2023
Sale-to-list ratio
91.3%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Cave City a buyer's or seller's market?
Buyer's market12.0 months of supply33 days on market91.3% of asking
Cave City, KY is a buyer's market, based on 12.0 months of supply and homes selling in about 33 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Cave City housing market data show?
Every row below is Redfin's final published month for Cave City, KY. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $181,750 |
| Median list price | $247,250 |
| Year-over-year price change | -28.9% |
| Median price per sq ft | $90/sq ft |
| Median days on market | 33 days |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 91.3% |
| Homes sold (that month) | 1 |
| New listings (that month) | 2 |
| Listings with a price cut | 41.7% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Cave City is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Cave City is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Cave City home prices moved?
Over the last three years the median sale price in Cave City, KY rose 34.2%, from $135,450 to $181,750. The live Zillow value series has fell 4.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 41.7% of Cave City listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 12.0 months while the sale-to-list ratio slips below its current 91.3%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Cave City?
Priced off the typical home value of $210,206 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $42,041 | $168,165 | $1,122/mo |
| 5% | $10,510 | $199,695 | $1,333/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,122, that implies roughly $48,094 a year before you add taxes and insurance. The median household in Cave City earns $33,672, about $14,422 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Cave City in the next 12 months?
Tell us your timeline. We send the Cave City market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Cave City?
Zillow does not publish a rent index (ZORI) for Cave City, KY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Cave City?
Active listings in Cave City, KY went from 9 in March 2025 to 12 in May 2026, a +33.3% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| April 2025 | 14 | 7 |
| May 2025 | 15 | 3 |
| June 2025 | 16 | 3 |
| July 2025 | 13 | 3 |
| August 2025 | 11 | 2 |
| September 2025 | 7 | 2 |
| October 2025 | 10 | 3 |
| November 2025 | 9 | 1 |
| December 2025 | 7 | 1 |
| March 2026 | 13 | 5 |
| April 2026 | 12 | 3 |
| May 2026 | 12 | 2 |
Redfin, through May 2026
How does Cave City compare to Kentucky and the U.S.?
Cave City homes sell for $181,750 — 36% below the Kentucky median of $284,400. Against the national median of $410,700, Cave City runs 56% lower. Year-over-year, Cave City moved -28.9% against Kentucky's +2.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Cave City, KY | $181,750 | -28.9% | 33 days |
| Kentucky statewide | $284,400 | +2.3% | 45 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Cave City
What buyers should watch
- Months of supply, currently 12.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 41.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $210 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $210,206 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Cave City listing goes under contract in 33 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 91.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Cave City added 2 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -4.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Cave City varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Cave City
There are currently 12 homes listed for sale in Cave City, Kentucky. The median listing price is $247K. Featured listings range from $25,900 to $1,215,000.
$25,900
Walnut
Cave City, KY
0 ba
Land10,454 sqft lot
View photos & details
$127,500
38 Jodieville Rd
Cave City, KY
2 bd1 ba840 sqft$152/ft²
House28,750 sqft lot
View photos & details
$215,000
412 Owens St
Cave City, KY
3 bd2 ba2,782 sqft$77/ft²
House13,504 sqft lot
View photos & details
$259,900
462 Anne Claire Ln
Cave City, KY
3 bd2 ba1,602 sqft$162/ft²
House29,185 sqft lot
View photos & details
$269,000
709 Greenview Dr
Cave City, KY
4 bd2 ba1,843 sqft$146/ft²
House12,632 sqft lot
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$275,000
165 Harlow Trl
Cave City, KY
3 bd2 ba1,500 sqft$183/ft²
House26,136 sqft lot
View photos & details
$299,500
205 Broadway St
Cave City, KY
4 bd2 ba1,744 sqft$172/ft²
House10,890 sqft lot
View photos & details
$399,000
1001 Meadowlane Dr
Cave City, KY
3 bd4 ba3,900 sqft$102/ft²
House32,234 sqft lot
View photos & details
$400,000
Happy Valley Rd
Cave City, KY
Land13.00 acres
View photos & details
$450,000
1856 Whitney Woods Rd
Cave City, KY
3 bd3 ba2,732 sqft$165/ft²
House3.16 acres
View photos & details
$1,215,000
682 Wilson Rd
Cave City, KY
7 bd4 ba6,795 sqft$179/ft²
House21.37 acres
View photos & details
Looking to buy in Cave City?
Get connected with a local real estate expert — free, no obligation.
Active listings
12
Homes on market
Median list price
$247K
Avg. days on market
33
Days until sale
New this week
2
Newly listed
Price drops:41.7%of listings
Sale-to-list:91.3%
How much do homes cost in Cave City by property type?
How the Cave City, KY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $173,750 | $104/sq ft | 2 | 206 days |
| Townhouse | $150,000 | $29/sq ft | 1 | 792 days |
Who lives in Cave City?
American Community Survey estimates for Cave City. U.S. Census ACS, 2023
Population
2,545
Households
1,167
Median income
$33,672/yr
Median age
40.1 years
Owner-occupied
38.7%
Median home value
$108,100
Median gross rent
$679/mo
Mean commute
21.2 min
38.7% of occupied homes in Cave City are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $108,100 against Zillow's $210,206 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Cave City?
1 schools tracked · 317 students
The largest public schools serving Cave City, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Caverna Elementary School
Grades PK-5 · 317 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cave City, KY?
Ordered by distance from Cave City, not by size. Compare Cave City side by side with any of them.
Cave City housing market FAQ
Is Cave City a buyer's or seller's market?
Cave City, KY is currently a buyer's market. That read comes from 12.0 months of supply, homes going under contract in about 33 days, and sellers getting 91.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Cave City?
The typical home in Cave City, KY is worth $210,206 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $181,750, about $90 per square foot.
Is Cave City cheaper than the rest of Kentucky?
Cave City's median sale price of $181,750 is 36% lower than the Kentucky statewide median of $284,400, and 56% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Cave City?
Homes in Cave City, KY spent a median of 33 days on market before going under contract, versus 45 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Cave City?
At the current 30-year fixed rate of 7.03%, 20% down on a $210,206 home is about $1,122 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $48,094 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $33,672.
Are home prices rising in Cave City?
The typical home value in Cave City, KY fell 4.7% over the last 12 months, from $220,616 to $210,206 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Cave City?
Cave City ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Cave City?
That depends on your timeline, not on a headline. What the data says today: Cave City, KY is a buyer's market with 12.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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