Housing in Cave Spring, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$340,000
Median List Price
$395,000
Price Per Sq Ft
$152
Days on Market
54
Active Inventory
60
Months of Supply
3.5
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
5.9%
Off Market in 2 Weeks
9.1%
Sale-to-List Ratio
96.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
17
New Listings
24
Pending Sales
22
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$152
Median List $/SF
$150
Cave Spring vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Cave Spring is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$296,700
Median Rent
$1,224
Total Housing Units
11,903
Vacancy Rate
7.9%
Owner Occupied
70.0%
Renter Occupied
30.0%
Median Property Tax
$2,561
per year
Monthly Cost (w/ Mortgage)
$1,250
Housing Types
The current median sale price in Cave Spring, VA is $340,000 according to Redfin data. Homes spend a median of 54 days on the market. 5.9% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $152. The median rent is $1,224 per month (Census ACS). About 70.0% of housing units are owner-occupied. The median year homes were built is 1978. There are 11,903 total housing units.