Cave City, AR—72521
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cave City, AR
As of Oct '25, the median home price in Cave City, AR is $165,000, with a year-over-year change of -8.2%. This indicates that home prices in Cave City, AR are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $165,000 | -8.2% |
| Single Family | $165,000 | -7.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cave City, AR
As of July '25, Rentcast reports the average rent in Cave City, AR is $851, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Cave City, AR is 2-bedrooms: $735, 3-bedrooms: $1,200. The most common rental property sizes in Cave City, AR are 2-bedroom and 3-bedroom, accounting for 40.2% and 40.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $825 | $851 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $825 | $735 |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cave City, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Cave City, AR is 37. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | 13.0% |
Listing Count | 24 | -10.0% |
| Listings as % of Homes | 0.5% | -10.0% |
Days on Market | 37 | 16.0% |
Demographics — Cave City, AR
As of the latest ACS Survey released in 2023, Cave City, AR has a population of 5,180, which has decreased by -3.3% over the past 5 years. Cave City, AR is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,180 | -3.3% |
% Under 18 | 26.0% | 18.2% |
% Seniors | 20.6% | 18.4% |
% WFH | 1.5% | 200.0% |
% w/ College Degree | 13.3% | 68.4% |
As of the latest ACS Survey released in 2023, Cave City, AR is a predominantly white area, with 93.9% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Cave City, AR is hispanic, making up 3.3% of the population. Foreign-born residents account for 2.3% of the population in Cave City, AR, and this percentage has increased by 130.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.9% | 1.7% |
% Black | 1.0% | -33.3% |
% Hispanic | 3.3% | 43.5% |
% Asian | 0.4% | ∞% |
% Foreign Born | 2.3% | 130.0% |
Mortgage and Risk — Cave City, AR
According to HUD data as of 2023, there were 58 mortgage originations in Cave City, AR, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Cave City, AR. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Cave City, AR
Cave City, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 71 |
Total Units Section 8 | 55 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | $105 | $825 | $930 |
| 3 Bedroom | $20 | $1,200 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Cave City, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $165,000 |
| Median Household Income | $54,100 |