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Cave Springs

Cave Springs

Located in Benton County

$632,268 Average Value
$243 Average Price per Sq Ft
33 Homes For Sale

Large homes and top schools make Cave Springs a standout

“[Cave Springs] is a beautiful neighborhood, with large homes on large lots,” says Realtor Brandi Mallard, with Collier & Associates. As a resident herself, Mallard notes that it was the home sizes, the location and the school district that drew her family here. “It’s the total package: one of the most desirable neighborhoods in the area. And the market here definitely reflects that.” Homebuyers searching for a little house in the Ozarks – not unlike the modest homestead of Laura Ingalls Wilder's book series – may want to go house-hunting elsewhere. But those looking for something roomier, give Cave Springs a look.

Traditional-style homes sell fast despite million-dollar prices

The quiet, sunny residential streets in Cave Springs are lined with sizeable Traditional-style homes built in the mid-2010s. “Depending on the size, they’re around $850,000 to $1.3 million,” notes Mallard, observing that the price doesn’t seem to deter buyers: “There’s usually multiple offers on every home right away. It’s a very desirable neighborhood, so when a house goes on the market, it goes under contract quickly, almost regardless of the list price.” A five-bedroom, five-bathroom Traditional-style home built in 2015, featuring hardwood floors, custom built-in shelving and floor-to-ceiling windows in the living room and a full outdoor kitchen, sold recently for close to $975,000, well over the median for Cave Springs.

Families move here for top-rated Bentonville public schools

Students attend schools in the highly rated Bentonville Public Schools system. Many go to Evening Star Elementary, Bright Field Middle, Fulbright Junior High and Bentonville High School. “Evening Star is really sought-after,” says Mallard, noting: “A lot of buyers call me looking specifically for a neighborhood zoned for that school.” Bright Field Middle, Fulbright Junior High and Bentonville High are also highly sought-after, as all three schools boast A-plus grades from Niche and GreatSchools Summary Ratings of 8/10 or higher. “Bentonville schools are the top in the state, and they’re a big reason families move here,” says Mallard.

Small-town charm meets access to jobs, parks and shopping

“Cave Springs itself is a small, quaint little town, which is actually the big draw,” says Mallard. “People move here for the mountains and for the jobs,” she adds, explaining: “This area is the perfect distance from the wilderness of the state parks and the three Fortune 500 companies that are here,” referring to the nearby Hobbs State Park and Walmart, Tysons and J.B. Hunt headquarters. With the Pinnacle Hills Promenade just over 5 miles north, off Interstate 49, residents enjoy easy access to a variety of shopping and dining options, too. The shopping cluster features everything from Walmart Neighborhood Market and Target to Pottery Barn and Hobby Lobby. For date night, visit The Blackberry Brasserie off Pinnacle Hills Parkway for locally sourced, elevated Southern-style cuisine. A frequent patron of the eatery, Mallard says: “The plates are pretty enough to be Instagrammable, but the food is really, really good.”

Close to Bentonville and the Northwest Arkansas airport

Cave Springs is less than 10 miles south of Bentonville and less than 5 miles east of Northwest Arkansas National Airport.

Interested in learning more about homes in this area? Reach out to Dave Stokes, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Cave Springs Housing Trends

Housing Trends

Median List Price
$589,000
Median Sale Price
$570,000
Median Single Family Sale Price
$582,347
Median Change From 1st List Price
0%
Last 12 months Home Sales
97
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$243

Area Facts

Number of Homes in Neighborhood
1,641
Number of Homes for Sale
33
Median Year Built
2016
Months of Supply
4.10
Average Single Family Home Size Sq Ft
2,515
Above the national average
1,925
Median Lot Size Sq Ft
10,890

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
47''
Average Winter Low Temperature
24°F
Average Summer High Temperature
89°F
Annual Snowfall
14''

Area Factors

Somewhat Bikeable

Bike Score®®

6 / 100

Car-Dependent

Walk Score®®

4 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Cave Springs