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Housing in Cave Creek

129 homes sold in Cave Creek in the last year, at a typical $1.1M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cave Creek homes are listed.

Homes sold
129
October 2025 to September 2026
Typical sale price
$1.1M
median, weighted by sales
Price per square foot
$416
Arizona $251
Paid vs. asking
96.4%
7% sold over asking
For sale now
52
September 2026 · 8 sold that month
What sold · last 12 months

Houses are 85% of Cave Creek’s sales, at a typical $1.3M (year to May 2026)

129 homes sold in the year to September 2026.

Houses$1.3M

typical sale · 111 sold in the year to May 2026

Per square foot
$431AZ $251
Days to sell
90
Sold over asking
5%
Listings with a price cut
24%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $788K
Townhouses: 16 sold, typical $572K
Condos: 1 sold, typical $545K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at 2.4 times the 2016 price

129 sales in the last year, against 214 in 2020 and a low of 95 in 2023. The typical sale went from $479K in 2016 to $1.1M.

Homes soldTypical sale price
062125187250$525K$750K$975K$1.2M2012: 156 sold, typical $407K’122013: 160 sold, typical $416K2014: 156 sold, typical $465K’142015: 149 sold, typical $435K2016: 141 sold, typical $479K’162017: 169 sold, typical $494K2018: 163 sold, typical $547K’182019: 173 sold, typical $583K2020: 214 sold, typical $635K’202021: 198 sold, typical $832K2022: 153 sold, typical $1M’222023: 95 sold, typical $1.1M2024: 123 sold, typical $1M’242025: 145 sold, typical $1.1MLast 12 months: 129 sold, typical $1.1MNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $1.2M buys in Cave Creek

Houseat $431 a sq ft, year to May 2026
The same money in Arizonaat $251 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Cave Creek homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Cave Creek are back to pre-pandemic levels, but a third fewer homes come up for sale

We read every month of Cave Creek’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 129 sales.

If you’re buying in Cave Creek

  • Shop in January. It brings about 25 new listings a month, close to the busiest month, with fewer bidding wars (9% over asking).
  • Offer under asking. Buyers paid 96.4% of the list price on average; 7% paid over.
  • You’ll usually have time. Only 21% of homes go under contract within two weeks; the typical one takes 87 days.
Best time to buy

Winter brings the homes; fall brings the bidding wars

January has the most new listings (about 25 a month), but September is the most competitive: 19% of September sales close over asking. January has the least competition (9%).

New listings a monthShare sold over asking
06.312.518.8257%13%20%Sweet spotJan: 25 new listings a month, 9% sold over asking, 80 days to sellJFeb: 19 new listings a month, 12% sold over asking, 97 days to sellFMar: 20 new listings a month, 12% sold over asking, 77 days to sellMApr: 18 new listings a month, 13% sold over asking, 86 days to sellAMay: 18 new listings a month, 11% sold over asking, 88 days to sellMJun: 14 new listings a month, 12% sold over asking, 97 days to sellJJul: 15 new listings a month, 13% sold over asking, 77 days to sellJAug: 16 new listings a month, 17% sold over asking, 77 days to sellASep: 19 new listings a month, 19% sold over asking, 91 days to sellSOct: 24 new listings a month, 9% sold over asking, 71 days to sellONov: 19 new listings a month, 15% sold over asking, 73 days to sellNDec: 14 new listings a month, 10% sold over asking, 81 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Arizona

Cave Creek now2017–192021 peakAZ now
Sold over askingShare of sales that closed above the list price7%8%27%13%
Gone within two weeksShare of homes under contract within 14 days21%22%40%22%
Price paid vs. askingAverage sale price ÷ list price96.4%96.9%100%97.8%
Days to sellMedian days from listing to contract87955467
Supply

63 homes for sale on a typical day

That’s 1.5 times the 2021 low (41), 32% fewer than in 2017–19 and well under 2016’s 115.

2012: 81 for sale’122013: 90 for sale2014: 108 for sale2015: 88 for sale’152016: 115 for sale2017: 104 for sale2018: 91 for sale’182019: 86 for sale2020: 66 for sale2021: 41 for sale’212022: 48 for sale2023: 51 for sale2024: 71 for sale’242025: 76 for saleLast 12 months: 63 for saleNow
Across Arizona

Cave Creek ranks 69th of 95 busy Arizona markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Cave Creek is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cave Creek home costs about $6,209 a month

Mortgage
Property tax
Insurance
Rent

Price: Cave Creek’s typical sale, last 12 months. Property tax at Cave Creek’s 0.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cave Creek is affordable on local pay is on Cost of living.

Before you buy in Cave Creek

Six things worth knowing

25

New listings in January

The month with the most choice. December has the fewest, about 14.

Best time to buy
0.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $1.1M home, about $3,080 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Cave Creek, from test results, graduation and how much students grow.

Schools in Cave Creek
30 min

Typical commute

The average one-way trip to work for people who live in Cave Creek.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Carefree, New River, Anthem, Black Canyon City and Rio Verde sell for less a square foot

The busier markets within 25 miles of Cave Creek, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Scottsdale5,895$940K$4337%68
Anthem449$550K$2686%69
New River276$809K$3339%97
Carefree147$1.2M$3993%94
Cave Creek129$1.1M$4167%87
Rio Verde103$725K$3143%113
Black Canyon City25$360K$2328%79

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cave Creek, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cave Creek. People who follow the town see it, and so do people comparing Cave Creek with their own town. No commission, no listing fee.

Questions about buying a home in Cave Creek

What do homes sell for in Cave Creek, AZ?

129 homes sold in the year to September 2026 at a typical $1.1M, $416 a square foot.

Is Cave Creek a buyer’s or seller’s market?

A buyer’s market: 52 homes were for sale in September 2026 and 8 sold, about 6.3 months of supply. Buyers paid 96.4% of asking on average.

When is the best time to buy in Cave Creek?

January brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cave Creek?

About 0.3% of a home’s value a year. On a $1.1M home that’s near $3,080.

Where can I see homes for sale in Cave Creek?

Zillow, Redfin, Realtor.com and Homes.com all carry Cave Creek’s MLS listings; the search links above open each one filtered to Cave Creek.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).