Cave Spring, VA Real Estate
According to census data in the year 2000 there were 11,574 housing units in Cave Spring.
This represents a 10.3% growth from 10,492 in 1990.
Of those housing units, 11,574 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cave Spring is about 69.1%.
Cave Spring's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Cave Spring were built after 1974.
|Housing Units by Size|
|Five Bedrooms or more||6%|
Owned Homes, Apartments and Condos
|Average Household Size||2.44|
|Median year structure was built||1972|
|Median Value of occupied units||$132,800|
|Median Price asked for vacant units||$104,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.85|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$585|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||14.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.8%|