Rising inventory and steady prices point to a more balanced Cave Springs market through the first three quarters of 2026.
Price Trends
The median sale price in Cave Springs reached $563,585, up 2.5% from the prior period's $550,000, while the average sale price stood at $714,102.59. Median price per square foot came in at $241.24, a 2.7% increase over the previous period. The median sale-to-list ratio was 100%, compared to 98.94% previously, indicating homes have generally been selling close to asking price.
Inventory & Supply
Active listings climbed to 70, up 89.2% from 37 in the prior period, while new listings rose 58% to 158. Months of supply increased to 5.7 from 3.8, a 50% rise, and the overall market is classified as a Balanced Market. This combination suggests buyers have more homes to consider than in the previous period.
Pace of Sales
The average days on market was 41.3, up 17% from 35.29 in the prior period, suggesting a modest slowdown in transaction speed; the median days on market was 11, offering a supporting data point. The absorption rate stood at 17.54%, with a sell-through rate of 62% and a pending-to-active ratio of 30%.
Price Segment & Property Highlights
The $500K–$750K range was the most active price band, accounting for 56 sales with an average of 49.25 days on market and 4.1 months of supply. The under-$500K segment recorded 22 sales with a faster average of 25.32 days on market and 4.4 months of supply. Houses made up all 98 recorded sales, while manufactured homes saw no sales activity in this period.
At a Glance
- Median Sale Price: $563,585
- Average Days on Market: 41.3 days
- Months of Supply: 5.7
- Sale-to-List Ratio: 100%
- Total Sales Volume: $69,982,054
- Homes Sold: 98
See the full interactive year-to-date market report: https://nwastats.com/market-report/cave-springs-benton-county-year-to-date-market-update/