The Cave Creek housing market is not very competitive. Homes in Cave Creek receive 1 offers on average and sell in around 71 days. The median sale price of a home in Cave Creek was $1.1M last month, up 42.5% since last year. The median sale price per square foot in Cave Creek is $370, up 20.5% since last year.
What is the housing market like in Cave Creek today?
In November 2024, Cave Creek home prices were up 42.5% compared to last year, selling for a median price of $1.1M. On average, homes in Cave Creek sell after 71 days on the market compared to 46 days last year. There were 6 homes sold in November this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,104,500
+42.5% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Cave Creek, AZ
$1,104,500
+42.5%
United States
To compare other locations to the Cave Creek and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cave Creek add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Cave Creek
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Cave Creek housing market?
Cave Creek is not very competitive. Homes sell in 66 days.
0
100
13
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 66 days.
Hot homes
can sell for around list price and go pending in around 32 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cave Creek housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cave Creek.
Flood Factor - Moderate
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cave Creek has a moderate risk of flooding. 809 properties in Cave Creek are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Cave Creek. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cave Creek has a major risk of wildfire. There are 4,187 properties in Cave Creek that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Cave Creek.