Property prices for sale in Cave Springs (Arkansas)

The prices in real estate in Cave Springs, in the Arkansas region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$481,117.5
Average price last 6 months
$200.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cave Springs has increased strongly during the last 6 months. In November, the average price per sq.feet was $135. In the following month the price per sq.feet increased considerably to $182. The price for the following two months in (January, February) had a considerable increment of 122 %. The price per sq.feet has had a considerable increase of 142 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $176 to $249.5 during March, and April.

Average price

Based upon to the price in Cave Springs (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $387,914. During December the price went through a considerable rise reaching $483,652. During the following two months (January, February) the price has had an average incrementation from $435,783 to $484,649. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 39 % cheaper than the average price of $309,199 in Cave Springs. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 39 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 5035 % more costly than the average price of ($12,375 / sq.feet) in Cave Springs. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5035 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $506,440 it is 39 % cheaper than the average price in Cave Springs. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $309,199 it is 21 % more affordable than the average price.

According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $12,375 / sq.feet followed by "Apartment" priced at $33,884 / sq.feet. "Apartment" is the most costly type of property with a $33,884 / sq.feet cost followed by "House" with an average price of $12,375 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Cave Springs
Number of properties used in region Arkansas
$506,440
$241
180
100,934
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value