Cave Creek, AZ housing market
The typical Cave Creek home is worth about $1,044,000, up 2.1% in a year, 150% above the Arizona typical home. Homes typically sell in 86 days, below asking.
Home values, sales, trends and how Cave Creek compares with the towns next door — updated as new data is published.
Cave Creek at a glance
A buyer's market
More homes are for sale than are selling — about 9 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Cave Creek | Arizona |
|---|---|---|
| 2017 | $514,000 | $228,000 |
| 2018 | $540,000 | $244,000 |
| 2019 | $570,000 | $264,000 |
| 2020 | $601,000 | $282,000 |
| 2021 | $683,000 | $324,000 |
| 2022 | $880,000 | $416,000 |
| 2023 | $932,000 | $429,000 |
| 2024 | $1,000,000 | $433,000 |
| 2025 | $1,030,000 | $434,000 |
| 2026 | $1,039,000 | $423,000 |
| August 2026 | $1,044,000 | $418,000 |
Cave Creek and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Cave Creek | $1.04M | +2.1% | 86 | $107,067 |
| Carefree | $1.27M | +2.3% | 86 | $147,165 |
| Phoenix | $406K | −1.5% | 52 | $81,332 |
| New River | $757K | +1.5% | 125 | $134,289 |
| Scottsdale | $851K | +2.9% | 76 | $110,886 |
9.8 years of income
The typical Cave Creek home costs about 9.8 years of the town's median household income, more than across Arizona (5.2 years).
How Cave Creek ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.