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Boulders Desert Foothills Desert Mountain Desert View

CAVE CREEK, AZ 85331

Real Estate Market Report  ·  Maricopa County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85331

Boulders · Desert Foothills · Desert Mountain · Desert View

Market Analysis

Data as of April 2026. Source: Realtor.com.

The CAVE CREEK, AZ real estate market (85331) currently shows 312 active listings, with 64 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 69 days on market compared to 60 days last year.

The median listing price has risen 21% year-over-year, from $1,004,000 to $1,214,750.

Whether you are buying or selling in CAVE CREEK, AZ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 31,133  ·  Density: 91.7/mi²  ·  Median household income: $117,938

Typical home value: $623,649  ·  Homeownership: 92.7%

Market Overview

Active Listings
312
⇩ 2.2% vs 319 last year
Pending
64
21% pending ratio
Median Price
$1,214,750
⇧ 21% vs $1,004,000 last year
Average Price
$1,507,738
⇧ 4.5% vs $1,442,688 last year
Days on Market
69
⇧ 15% vs 60 days last year

Price Per Square Foot

Median $/sqft
$384
vs $384/sqft last year
Median Home Size
3,036 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 312 this year vs 319 last year
  • Days on market: 69 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $1,214,750 (+21% YoY)
  • Average: $1,507,738 (+4.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.4 miles — 2,786 listings ($5,025,926,996 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85331Cave Creek, AZ 853310.0 mi297$466,488,693$1,199,250$1,570,669
85262Scottsdale, AZ 852628.3 mi454$1,335,562,672$2,345,000$2,941,768
85086Phoenix, AZ 8508611.5 mi330$283,648,860$744,998$859,542
85087New River, AZ 8508712.1 mi75$66,492,375$732,225$886,565
85054Phoenix, AZ 8505414.6 mi116$93,818,828$641,450$808,783
85255Scottsdale, AZ 8525515.9 mi683$2,152,027,818$1,796,000$3,150,846
85324Black Canyon City, AZ 8532416.7 mi16$9,904,176$425,500$619,011
85263Rio Verde, AZ 8526318.3 mi193$200,437,255$869,250$1,038,535
85310Glendale, AZ 8531018.7 mi63$62,934,102$745,000$998,954
85022Phoenix, AZ 8502219.0 mi165$89,849,925$450,368$544,545
85023Phoenix, AZ 8502319.7 mi90$44,433,180$429,350$493,702
85308Glendale, AZ 8530821.0 mi217$129,508,855$519,325$596,815
85028Phoenix, AZ 8502821.4 mi87$90,820,257$676,500$1,043,911

Frequently Asked Questions

How many homes are for sale in CAVE CREEK, AZ 85331?

As of April 2026, there are 312 active listings in CAVE CREEK, AZ (zip code 85331), compared to 319 the prior year.

What is the median home price in CAVE CREEK, AZ 85331?

The median listing price in CAVE CREEK, AZ 85331 is $1,214,750 as of April 2026, a 21% increase from $1,004,000 the prior year.

How long do homes stay on the market in CAVE CREEK, AZ?

Homes in CAVE CREEK, AZ 85331 spend an average of 69 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in CAVE CREEK, AZ 85331?

Based on current inventory and days-on-market data as of April 2026, CAVE CREEK, AZ 85331 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 69 days on market compared to 60 days last year.

How much can I save on real estate commission in CAVE CREEK, AZ?

With SELL123.com's maximum 3% commission, sellers in CAVE CREEK, AZ 85331 save an estimated $24,295 compared to a typical 5% commission on the median listing price of $1,214,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.