Question 1

What is the median sold price in Cayley?

Accepted Answer

The median sold price in Cayley is $380,000 based on 33 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Cayley?

Accepted Answer

The average sold price in Cayley is $323,613. Note that the average ($323,613) is lower than the median ($380,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Cayley?

Accepted Answer

Home prices in Cayley range from $68,250 to $620,000 based on recent sales data. This $551,750 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Cayley selling above or below asking price?

Accepted Answer

On average, homes in Cayley are selling at 98.2% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Cayley?

Accepted Answer

Homes in Cayley are selling in an average of 47 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Cayley?

Accepted Answer

The average price per square foot in Cayley is $322. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $644,000.

Question 7

How active is the real estate market in Cayley?

Accepted Answer

The Cayley market has seen 33 home sales over the past 2 years, with 8 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

What types of properties are selling in Cayley?

Accepted Answer

The most common property types selling in Cayley are: detached single family (23 sold, avg $428,783), vacant lot (10 sold, avg $81,723). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Cayley?

Accepted Answer

Detached homes in Cayley are selling for an average of $428,783, with 23 sales over the past 2 years.

Question 10

Are home prices rising or falling in Cayley?

Accepted Answer

Home prices in Cayley have increased by 58.3% over the past 2 years. The average sold price moved from $131,408 to $208,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 11

Is Cayley a buyer's or seller's market?

Accepted Answer

Based on current data, Cayley is a balanced market. Homes are selling in 47 days on average and at 98.2% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 12

What percentage of homes sell above asking price in Cayley?

Accepted Answer

In Cayley, 9% of homes sold above asking price, while 73% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 13

What are the average property taxes in Cayley?

Accepted Answer

The average annual property tax in Cayley is $928, with a median of $1,163. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 14

What size homes are selling in Cayley?

Accepted Answer

Homes selling in Cayley range from 898 to 2,465 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in Cayley?

Accepted Answer

Cayley shows moderate price diversity with a standard deviation of $192,458 around the average price of $323,613. This wide range indicates a diverse market with options at many price points.

Question 16

Where can I find recently sold homes in Cayley?

Accepted Answer

You can view a comprehensive list of houses sold in Cayley right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 17

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 18

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Cayley.

Cayley Homes Sold in the Last 30 Days

Cayley Sold Data Overview

Recently Sold in Cayley

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2-Year Market Trends: All Property Types

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