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Boulders Desert Foothills Desert Mountain Desert View

CAVE CREEK, AZ 85331

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 85331

Boulders · Desert Foothills · Desert Mountain · Desert View

Market Analysis

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

The CAVE CREEK, AZ real estate market (85331) currently shows 297 active listings, with 75 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 56 days on market compared to 64 days last year.

The median listing price has risen 7.7% year-over-year, from $1,113,500 to $1,199,250.

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
297
⇧ 1.4% vs 293 last year
Pending
75
25% pending ratio
Median Price
$1,199,250
⇧ 7.7% vs $1,113,500 last year
Average Price
$1,570,669
⇧ 3.7% vs $1,513,961 last year
Days on Market
56
⇩ 12.5% vs 64 days last year

Price Per Square Foot

Median $/sqft
$397
vs $397/sqft last year
Median Home Size
3,011 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 297 this year vs 293 last year
  • Days on market: 56 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $1,199,250 (+7.7% YoY)
  • Average: $1,570,669 (+3.7% 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 — 2,544 listings ($4,615,289,606 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
85331Cave Creek, AZ 853310.0 mi286$427,709,568$1,150,000$1,495,488
85262Scottsdale, AZ 852628.3 mi408$1,220,486,304$2,300,000$2,991,388
85086Phoenix, AZ 8508611.5 mi306$258,475,446$732,000$844,691
85087New River, AZ 8508712.1 mi72$67,168,224$749,999$932,892
85054Phoenix, AZ 8505414.6 mi96$72,883,680$586,250$759,205
85255Scottsdale, AZ 8525515.9 mi613$1,988,209,104$1,806,000$3,243,408
85324Black Canyon City, AZ 8532416.7 mi12$8,217,708$475,000$684,809
85263Rio Verde, AZ 8526318.3 mi180$188,652,780$895,000$1,048,071
85310Glendale, AZ 8531018.7 mi62$59,784,864$659,000$964,272
85022Phoenix, AZ 8502219.0 mi149$78,591,838$440,000$527,462
85023Phoenix, AZ 8502319.7 mi75$35,376,300$425,000$471,684
85308Glendale, AZ 8530821.0 mi205$120,941,390$509,900$589,958
85028Phoenix, AZ 8502821.4 mi80$88,792,400$704,500$1,109,905

Frequently Asked Questions

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

As of February 2026, there are 297 active listings in CAVE CREEK, AZ (zip code 85331), compared to 293 the prior year.

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

The median listing price in CAVE CREEK, AZ 85331 is $1,199,250 as of February 2026, a 7.7% increase from $1,113,500 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 56 days on the market before going under contract, compared to 64 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 February 2026, CAVE CREEK, AZ 85331 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 64 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 $23,985 compared to a typical 5% commission on the median listing price of $1,199,250. 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.