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Cave Creek, AZ 85331 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Cave Creek, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 4242PendingPending sales: 33
Cave Creek, AZ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $841k$841kSoldMedian sold price (last 6 months): $889k$889k
What homes actually sell for in Cave Creek, AZ
Distribution of 356 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $650k to $1.27M
$420k to $649k: 72 sales$420k$649k to $878k: 88 sales88sales$878k to $1.11M: 53 sales$878k$1.11M to $1.34M: 52 sales$1.34M to $1.56M: 29 sales$1.34M$1.56M to $1.79M: 12 sales$1.79M to $2.02M: 13 sales$1.79M$2.02M to $2.25M: 3 salesMedian $889k

What the numbers say

As of September 14, 2026, Resideline is tracking 42 active listings and 3 pending sales in ZIP code 85331. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $841,245, while the median of the 356 closed sales Resideline tracked over the last six months was $889,473. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 85331 for 84 days.

Frequently asked questions

What is the median home price in 85331?

The median closed sale price in Cave Creek, AZ 85331 was $889,473 over the last six months, based on 356 closed sales tracked by Resideline. The middle half of those sales ranged from $650,000 to $1,270,000.

Is 85331 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 42 active listings in 85331, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 85331 currently looks like a balanced market.

Nearby ZIP code market data

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