Is Cave Spring, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cave Spring has remained a Seller's Market.
Housing Prices in Cave Spring, GA
How much do homes in Cave Spring, GA cost?
Median Sold Price
$310,000
$173/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Summary: The median home sold price in Cave Spring was $310,000 in June 2024, up 36% from last month, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $40K | $337K | +742.5% |
4 Bedrooms | $227.9K | $285K | +25.1% |
5+ Bedrooms | - | $335K | N/A |
Summary: Cave Spring housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 742.5%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes did not change.
Housing Supply in Cave Spring, GA
How many homes are available in Cave Spring, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Summary: The Cave Spring real estate market had 16 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cave Spring housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Cave Spring in June 2024, up by 125.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Cave Spring, GA
How long does it take to sell a home in Cave Spring, GA?
Average Sale Time
May 2024 | Jun 2024 | CHANGE |
---|---|---|
41 Days | 31 Days | -23.0% |
Summary: Homes in Cave Spring had an average of 31 days on market in Jun 2024, down by 23% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 9 homes were sold in Cave Spring; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.