New - 5 hours on Rocket
Listing Office: Keller Williams Market Pro Realty - Rogers Branch
Cave Springs Housing Market Report December 2024•Benton County, Arkansas
Housing Prices in Cave Springs, AR
How much do homes in Cave Springs, AR cost?
Housing Market Conditions
Is Cave Springs, AR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cave Springs is a Seller's Market
Difference Since December 2023
Since last year, Cave Springs has remained a Seller's Market.
Insight
Cave Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$570,000$223/SqFt
+$20,000
+3.6%
Based on all homes sold in the last 12 months
Insight
Homes in Cave Springs have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Cave Springs was $570,000 in December 2024, up 3.6% from last year, and the median price per square foot was $223.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Rogers | $375.7K | $423.7K | +12.8% |
| Bentonville | $445.6K | $483.7K | +8.6% |
| Cave Springs | $550K | $570K | +3.6% |
| Lowell | $349.9K | $353K | +0.9% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $250K | - | N/A |
| 22 Bedrooms | $627.5K | $701.8K | +11.9% |
| 33 Bedrooms | $371K | $410K | +10.5% |
| 44 Bedrooms | $560K | $587.5K | +4.9% |
| 55+ Bedrooms | $675.2K | $750K | +11.1% |
Summary: Cave Springs housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +11.9%. The home price for 3 bedroom homes increased by +10.5%. The home price for 4 bedroom homes increased by +4.9%. The home price for 5 bedroom homes increased by +11.1%.
Housing supply in Cave Springs, AR
How many homes are available in Cave Springs, AR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthDec 2024 | ||
| 192 months agoNov 2024 | -21.1 % Change MoMNov – Dec |
Summary: The Cave Springs real estate market had 15 homes for sale in Dec 2024, a 21.1 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthDec 2024 | ||
| 62 months agoNov 2024 | -16.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 2 | 3 | +50.0% |
| 44 Bedrooms | 12 | 7 | -41.7% |
| 55+ Bedrooms | 5 | 5 | 0.0% |
Summary: Cave Springs housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes decreased by -41.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Cave Springs, AR cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in Cave Springs, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Cave Springs in December 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and and 20% were sold over asking.
Days on Market for Cave Springs, AR
How long does it take to sell a home in Cave Springs, AR?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days4 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Cave Springs has remained consistent over time.
Summary: During December 2024, 5 homes were sold in Cave Springs; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 47 DaysThis YearDec 2024 | ||
| 61 Days1 year agoDec 2023 | -23.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Cave Springs had an average listing age of 47 days in Dec 2024, down by 23.9% compared to the previous year.
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Newest Listings in Cave Springs, AR
What homes are available in Cave Springs, AR?
New - 8 hours on Rocket
$10,000 Closing Credit¹
Listing Office: Coldwell Banker Harris McHaney & Faucette-Rogers
New - 1 day on RocketVideo tour
$4,869 Closing Credit¹
Listing Office: Weichert, REALTORS Griffin Company Bentonville
Listing Office: First Star Realty
$10,000 Closing Credit¹
Listing Office: Coldwell Banker Harris McHaney & Faucette-Rogers
Listing Office: Coldwell Banker Harris McHaney & Faucette-Bentonvi
Listing Office: Coldwell Banker Harris McHaney & Faucette-Bentonvi
Listing Office: RE/MAX Real Estate Results
$6,557 Closing Credit¹
Listing Office: First Star Realty
$7,644 Closing Credit¹
Listing Office: First Star Realty
$5,338 Closing Credit¹
Listing Office: Coldwell Banker Harris McHaney & Faucette-Rogers
$9,797 Closing Credit¹
Listing Office: Homescape Realty
Nearby markets
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MLS Disclaimers and Copyright
Based on information from Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, for the period 01/01/2023 - 01/01/2025
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.