$75,000
3422 Ogden Rd
Cave Spring, VA
Land35,719 sqft lot
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Sarah Mitchell
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Compass Real Estate · Cave Spring, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Cave Spring, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Cave Spring, VA Housing Market & Real Estate
Seller's market+9.2% YoY
Housing market overview · Updated monthly ·
$382,250median sale price
How is the Cave Spring, VA housing market right now?
The median home sale price in Cave Spring, VA is $382,250, up 9.2% year-over-year. Homes sell in an average of 10 days with 67 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cave Spring a buyer's or seller's market?
Seller's market2.1 months of supply10 avg. days on market
Cave Spring, VA is currently a seller's market, based on 2.1 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
32
Last 12 weeks
Days on market
10
Fast-moving
Active listings
67
2.1 months supply
Sale-to-list
99.9%
Below asking
What does the Cave Spring housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $382,250 |
| Median list price | $394,950 |
| Year-over-year price change | +9.2% |
| Average days on market | 10 days |
| Active inventory | 67 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 99.9% |
| Median price per sq ft | $163/sq ft |
| Homes sold (latest month) | 32 |
| New listings (latest month) | 43 |
| Listings with a price cut | 40.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Cave Spring by property type?
How the Cave Spring, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $390,000 | $163/sq ft | 27 | 9 days |
| Condo / Co-op | $275,000 | $219/sq ft | 3 | 15 days |
| Townhouse | $215,000 | $185/sq ft | 5 | 25 days |
Source: Redfin · Updated monthly
The Cave Spring housing market is currently classified as a seller's market with a median sale price of $382,250. Prices have risen 9.2% compared to last year, with homes spending an average of 10 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Cave Spring
There are currently 67 homes listed for sale in Cave Spring, Virginia. The median listing price is $395K. Featured listings range from $75,000 to $519,000.
$211,300
4252 Summit St
Cave Spring, VA
Land2.12 acres
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$215,000
3430 Morning Dove Rd
Cave Spring, VA
2 bd2 ba1,164 sqft$185/ft²
Townhouse3,485 sqft lot
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$255,000
7311 Maple Ct
Cave Spring, VA
3 bd3 ba1,538 sqft$166/ft²
Townhouse2,178 sqft lot
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$339,900
3310 Melody Ave
Cave Spring, VA
4 bd3 ba2,344 sqft$145/ft²
House11,326 sqft lot
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$369,950
3105 Davis Ave
Cave Spring, VA
4 bd2 ba2,185 sqft$169/ft²
House8,712 sqft lot
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$369,950
3220 Hartley Cir SW
Cave Spring, VA
4 bd3 ba1,808 sqft$205/ft²
House15,246 sqft lot
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$375,000
3634 Overbrook Dr
Cave Spring, VA
4 bd3 ba2,231 sqft$168/ft²
House15,682 sqft lot
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$399,950
3815 Belle Meade Dr
Cave Spring, VA
4 bd3 ba4,508 sqft$89/ft²
House16,988 sqft lot
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$405,000
3622 View Ave
Cave Spring, VA
5 bd3 ba2,184 sqft$185/ft²
House13,068 sqft lot
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$429,950
4208 Whitehall Cir
Cave Spring, VA
4 bd2 ba2,534 sqft$170/ft²
House13,939 sqft lot
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$519,000
2240 Pommel Dr
Cave Spring, VA
4 bd3 ba2,346 sqft$221/ft²
House19,602 sqft lot
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Looking to buy in Cave Spring?
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Active listings
67
Homes on market
Median list price
$395K
Avg. days on market
10
Days until sale
New this week
43
Newly listed
Price drops:40.3%of listings
Sale-to-list:99.9%
Who lives in Cave Spring?
Population
26,014
Median income
$85,314/yr
Median age
42.3 years
Owner-occupied
70.0%
College grads
50.4%
Avg commute
20.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Cave Spring?
Cave Spring is a community of approximately 26K residents with a median age of 42.3 years.The median household income is $85,314, which reflects a relatively affluent area with strong earning potential. 50.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 70.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cave Spring offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Cave Spring, VA?
Want a head-to-head view? Compare Cave Spring side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cave Spring?
The median home sale price in Cave Spring is $382,250, up 9.2% from last year.
How long do homes stay on market in Cave Spring?
Homes typically spend 10 days on market before going under contract.
What is the median income in Cave Spring?
The median household income is $85,314 per year.
Is Cave Spring a buyer's or seller's market?
With 2.1 months of supply, Cave Spring is currently a seller's market.
How many homes are for sale in Cave Spring?
There are currently 67 homes listed for sale in Cave Spring, VA.
What is the median condo price in Cave Spring?
The median condo/co-op sale price in Cave Spring, VA is $275,000, compared to $390,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cave Spring?
The median single-family home price in Cave Spring, VA is $390,000 (about $163 per square foot).
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