VA area data
Cave spring, VA
Cave spring, VA.
Population: 38,720 (Census ACS)
Home values & appreciation
- Median home value
- $385,066
- 1-year appreciation
- +3.3%
- 3-year appreciation
- +11.4%
- 5-year appreciation
- +30.4%
- 10-year appreciation
- +80.0%
- All-time peak (2026-07)
- $385,066
- House Price Index
- 423.6 (+3.3% YoY)
Market activity
- Median sale price
- $399,000
- Median list price
- $435,000
- Median days on market
- 18.5 days
- Sale-to-list ratio
- 98.8%
- Active listings
- 92
- 1-year forecast
- +2.1%
- Days to pending
- 41 days
- New listings (monthly)
- 59
Rents
- Typical rent
- $1,680/mo
- 1-year rent change
- +5.4%
- 1BR fair-market rent
- $1,143/mo
- 3BR fair-market rent
- $1,735/mo
Affordability
- Cost of living index (Above Average)
- 103.5 (100 = US avg)
- Electricity rate (state-level)
- 15.3¢/kWh
- Natural gas rate (state-level)
- $16.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 9
- Elementary schools
- 5
- Middle schools
- 2
- High schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- strongWind, inlandFlooding, lightning, winterWeather
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 79.0°F
- Average high
- 80.0°F
- Average low
- 78.0°F
- Annual precipitation
- 48.3 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 43
- Days with Good air quality
- 251
- Days with Unhealthy air quality
- 1
Walkability & transit
- Walkability index
- 6.7 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Booker T Washington National Monument (18 mi)
- Nearest airport
- Summit Airport (5 mi)
- Nearest major airport
- Roanoke–Blacksburg Regional Airport (ROA) (9 mi)
- Hospitals nearby (~15 mi)
- 339
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Fair (4.2 kWh/m²/day)
Migration
- Net migration
- -358 tax filers
Housing stock
- Median year housing built
- 1,980
- Median annual property tax
- $2,854
- Mean commute to work
- 18 min
- Households with broadband internet
- 84.6%
Employment & development
- Total county employment
- 56,249
- Average weekly wage
- $1,147
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 118
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →