Cave Springs, AR—72718
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cave Springs, AR
As of Oct '25, the median home price in Cave Springs, AR is $555,000, with a year-over-year change of 6.2%. This indicates that home prices in Cave Springs, AR are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $555,000 | 6.2% |
| Single Family | $555,000 | 6.5% |
| 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 | $417,000 | 4.2% |
4 Bed | $583,000 | 6.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cave Springs, AR
As of July '25, Rentcast reports the average rent in Cave Springs, AR is $2,550, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Cave Springs, AR is 3-bedrooms: $2,420, 4-bedrooms: $2,730. The most common rental property sizes in Cave Springs, AR are 3-bedroom and 4-bedroom, accounting for 71.9% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $2,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,350 | $2,420 |
| 4 Bed Rent | $2,800 | $2,730 |
% of Rental Stock
Property Listings — Cave Springs, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Cave Springs, AR is 79. This is a increase of 11.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $586,000 | 0.0% |
Listing Count | 43 | 131.0% |
| Listings as % of Homes | 1.8% | 131.0% |
Days on Market | 79 | 11.0% |
Demographics — Cave Springs, AR
As of the latest ACS Survey released in 2023, Cave Springs, AR has a population of 5,530, which has increased by 82.0% over the past 5 years. Cave Springs, AR is a popular place for families, as children make up 35.1% of the population. The area has a highly educated workforce, with 52.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,530 | 82.0% |
% Under 18 | 35.1% | 6.7% |
% Seniors | 8.9% | -10.1% |
% WFH | 16.6% | 196.4% |
% w/ College Degree | 52.8% | -11.4% |
As of the latest ACS Survey released in 2023, Cave Springs, AR is a predominantly white area, with 69.2% of the population identifying as white. The white population has shrunk by 24.4% in the last 5 years. The second most common race or ethnicity in Cave Springs, AR is hispanic, making up 7.5% of the population. Foreign-born residents account for 2.8% of the population in Cave Springs, AR, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.2% | -24.4% |
% Black | 0.0% | N/A |
% Hispanic | 7.5% | 257.1% |
% Asian | 0.5% | -80.8% |
% Foreign Born | 2.8% | 0.0% |
Mortgage and Risk — Cave Springs, AR
According to HUD data as of 2023, there were 216 mortgage originations in Cave Springs, AR, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Cave Springs, AR. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 216 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Cave Springs, AR
Cave Springs, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,390 |
| 2 Bedroom | N/A | N/A | $1,670 |
| 3 Bedroom | -$10 | $2,350 | $2,340 |
| 4 Bedroom | -$100 | $2,800 | $2,700 |
Affordability — Cave Springs, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $555,000 |
| Median Household Income | $141,000 |