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Cave Creek, AZ 85331 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Cave Creek, AZ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.00
ActiveActive listings: 5252PendingPending sales: 00
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): $938k$938kSoldMedian sold price (last 6 months): $867k$867k
What homes actually sell for in Cave Creek, AZ
Distribution of 339 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $635k to $1.25M
$420k to $639k: 69 sales$420k$639k to $858k: 80 sales80sales$858k to $1.08M: 55 sales$858k$1.08M to $1.3M: 46 sales$1.3M to $1.52M: 30 sales$1.3M$1.52M to $1.73M: 12 sales$1.73M to $1.95M: 11 sales$1.73M$1.95M to $2.17M: 3 salesMedian $867k

What the numbers say

As of October 5, 2026, Resideline is tracking 52 active listings and 0 pending sales in ZIP code 85331. That pending-to-active ratio of 0.00 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $937,500, while the median of the 339 closed sales Resideline tracked over the last six months was $867,000. 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 83 days.

Frequently asked questions

What is the median home price in 85331?

The median closed sale price in Cave Creek, AZ 85331 was $867,000 over the last six months, based on 339 closed sales tracked by Resideline. The middle half of those sales ranged from $635,000 to $1,250,000.

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

Resideline is currently tracking 0 pending sales against 52 active listings in 85331, a pending-to-active ratio of 0.00. 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

Full Cave Creek, AZ housing market report →

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