Why Live in Cave Springs
Otter Creek Estates in Cave Springs is known for its large Traditional-style homes built in the mid-2010s, situated on spacious lots. The neighborhood is highly sought after, with homes typically ranging from $850,000 to $1.3 million and often receiving multiple offers quickly. The area is part of the Bentonville Public Schools system, which includes highly rated schools such as Evening Star Elementary, Bright Field Middle, Fulbright Junior High, and Bentonville High School. These schools are a significant draw for families, contributing to the neighborhood's desirability. Otter Creek Estates is located 8 miles south of downtown Bentonville, providing a balance between a quiet, small-town atmosphere and proximity to urban amenities. Residents have convenient access to shopping and dining options at Pinnacle Hills Promenade, just 5.5 miles north, featuring stores like Walmart Neighborhood Market, Target, Pottery Barn, and Hobby Lobby. For dining, The Blackberry Brasserie offers locally sourced Southern-style cuisine. The neighborhood is also close to Hobbs State Park and the headquarters of Walmart, Tysons, and J.B. Hunt, making it an attractive location for those seeking both natural beauty and employment opportunities.
Home Trends in Cave Springs, AR
On average, homes in Cave Springs, AR sell after 21 days on the market compared to the national average of 50 days. The median sale price for homes in Cave Springs, AR over the last 12 months is $592,500, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$592,500
Median Single Family Sale Price
$590,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
32
Last 12 months Home Sales
96
Median List Price
$589,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%