Cave Spring, VA

Balanced market-14.1% YoY

Housing market overview · Updated weekly

$292,000median sale price

Homes sold

19

Last 12 weeks

Days on market

62

Average pace

Active listings

68

3.6 months supply

Sale-to-list

96.2%

Below asking

The Cave Spring housing market is currently classified as a balanced market with a median sale price of $292,000. Prices have fallen 14.1% compared to last year, with homes spending an average of 62 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Cave Spring

There are currently 68 homes listed for sale in Cave Spring, Virginia. The median listing price is $364K.

Active listings

68

Homes on market

Median list price

$364K

Avg. days on market

62

Days until sale

New this week

34

Newly listed

Price drops:16.2%of listings
Sale-to-list:96.2%

Explore nearby cities in VA

Frequently asked questions

What is the average home price in Cave Spring?

The median home sale price in Cave Spring is $292,000, down 14.1% from last year.

How long do homes stay on market in Cave Spring?

Homes typically spend 62 days on market before going under contract.

Is Cave Spring a buyer's or seller's market?

With 3.6 months of supply, Cave Spring is currently a balanced market.

Get Cave Spring market alerts

Weekly updates on prices, inventory, and trends. Free forever.