Is Cave Spring, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cave Spring is a seller's market

Buyer's
Market

Difference Since April 2021

At the same time last year, Cave Spring was a Neutral Market.

Key Takeaway

Cave Spring is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Cave Spring, GA cost?

Median Sold Price

$195,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

-$19,000(-8.9%)

Key Takeaway

Homes in Cave Spring have sold for 8.9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $155K$155.5K
0.3%
3 $225K$193.2K
-14.1%
4 $202.5K$210K
+3.7%
5+ $635K$335K
-47.2%

How many homes are available in Cave Spring, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
330.0%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 01
+100.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cave Spring, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
550 Days4 Days-99.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cave Spring are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

61 Padlock Mountain Rd, Cave Spring, GA 30124

61 Padlock Mountain Rd, Cave Spring, GA 30124

$195,000
1,020 SqFt
3 Bedrooms
~$850/mo.*1 Full Bath
#20039187Listing Office:
Keller Williams NorthwestMLS logo
34 Fannin St, Cave Spring, GA 30124

34 Fannin St, Cave Spring, GA 30124

$170,000
1,543 SqFt
2 Bedrooms
~$750/mo.*1 Full Bath, 1 Partial
#10038579Listing Office:
Keller Williams NorthwestMLS logo
14 Mason Cir, Cave Spring, GA 30124

14 Mason Cir, Cave Spring, GA 30124

$139,900
1,284 SqFt
3 Bedrooms
~$650/mo.*2 Full Baths
#20028084Listing Office:
Elite Group Georgia llcMLS logo
0 SW Cave Spring Rd, Cave Spring, GA 30161

0 SW Cave Spring Rd, Cave Spring, GA 30161

$280,000
46.67 Acres 
~$1,250/mo.*
#6965726Listing Office:
Keller Williams Realty Northwest, LLC.MLS logo
0 Heather Cir, Cave Spring, GA 30124

0 Heather Cir, Cave Spring, GA 30124

$12,000
  
~$50/mo.*
#6963214Listing Office:
Hardy Realty and Development CompanyMLS logo
107 Mill Rd SW, Cave Spring, GA 30124

107 Mill Rd SW, Cave Spring, GA 30124

$119,900
15.00 Acres 
~$550/mo.*
#9030219Listing Office:
Toles, Temple & Wright, Inc.MLS logo

About Cave Spring, GA

There are 3 homes are for sale in Cave Spring, GA real estate market. The median list price of listings available in April 2022 was $195,000, while the average time on the real estate market was 4 days. Real estate listing prices changed between March 2022 and April 2022: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0.3%, prices of 3 bedrooms properties decreased by 14.1%, 4 bedrooms properties prices increased by 3.7%, the cost of 5 bedrooms properties went down by 47.2%. This housing market inventory have changed: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 100%, 3 bedrooms homes inventory decreased by 33.3%, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory did not change. In April 2022, from all listings sold in Cave Spring, GA there were more than 1 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.

MLS Disclaimers and Copyright

Based on information from Georgia MLS, and First Multiple Listing Service Inc. for the period 05/01/2020 - 05/01/2022

IDX Based on information from the Georgia MLS © 2022.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

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Last updated on: 5/28/2022, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2022, 9:20:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.