Similar to nearby areas, it's substantially less expensive compared to the country as a whole. It is substantially less expensive compared to the city of Jonesboro.
Home prices
The median home in Cave City costs $71,400. It is about $3,600 (4%) lower compared to its nearby areas.In comparison to the rest of the country it is about $146,100 (67%) lower, and in comparison to the city of Jonesboro it is roughly $81,500 (53%) lower.
Rents
The median monthly rent in Cave City is $542. In comparison to other places in this area it is roughly $48 (9%) higher.In comparison to the US as a whole it is about $520 (48%) lower, and is approximately $222 (29%) lower in comparison to the city of Jonesboro.
Nearby places
Sidney
Sidney is roughly 6 miles northwest from Cave City. The real estate prices there are pretty similar. Sidney's median home value is $74,000, which comes out to $2,600 (3%) higher than Cave City. The rent there is a little less expensive. Sidney's median rent is $489 a month, which is $53 (10%) lower than Cave City.
Evening Shade
Evening Shade is roughly 9 miles northwest from Cave City. The real estate prices there are a little less expensive. The median home in Evening Shade costs $62,100, which works out to $9,300 (14%) lower than Cave City. Rents there are similar. In Evening Shade the median monthly rent is $557, which is $15 (2%) higher than Cave City.
Strawberry
Strawberry is roughly 11 miles east from Cave City. Its real estate prices are a bit more expensive. The median home in Strawberry costs $84,500, which is $13,100 (15%) higher than Cave City. Its rents are similar. Strawberry's median monthly rent is $519, which is $23 (4%) lower than Cave City.
Mount Pleasant
Mount Pleasant is about 11 miles west of Cave City. Housing prices there are somewhat more expensive. The median home value in Mount Pleasant is $96,300, which works out to $24,900 (25%) higher than Cave City. Rents there are fairly similar. In Mount Pleasant the median rent is $532 a month, which comes out to $10 (1%) lower than Cave City.
Cushman
Cushman is roughly 12 miles southwest of Cave City. The housing prices there are somewhat less expensive. The median home price in Cushman is $58,100, which is $13,300 (22%) lower than Cave City. The rent there is significantly less expensive. The median rent in Cushman is $375 a month, which works out to $167 (44%) lower than Cave City.
