#6848422, Stacey Mayes, Listing Office: Citiea
Cave Creek Housing Market Report March 2025•Maricopa County, Arizona
Housing Prices in Cave Creek, AZ
How much do homes in Cave Creek, AZ cost?
Housing Market Conditions
Is Cave Creek, AZ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Cave Creek is a Neutral Market
Difference Since March 2024
At the same time last year, Cave Creek was a Seller's Market.
Cave Creek is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Cave Creek have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Cave Creek was $816,000 in March 2025, up 0.9% from last year, and the median price per square foot was $348.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Carefree | $1.0M | $1.2M | +13.3% |
Scottsdale | $809.2K | $875.5K | +8.2% |
Deer Valley | $614.8K | $634.4K | +3.2% |
New River | $625K | $642.5K | +2.8% |
Cave Creek | $808.8K | $816K | +0.9% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $282.4K | $285K | +0.9% |
22 Bedrooms | $559.9K | $545K | -2.7% |
33 Bedrooms | $732.5K | $710K | -3.1% |
44 Bedrooms | $910K | $985K | +8.2% |
55+ Bedrooms | $1.3M | $1.1M | -15.8% |
Summary: Cave Creek housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +0.9%. The home price for 2 bedroom homes decreased by -2.7%. The home price for 3 bedroom homes decreased by -3.1%. The home price for 4 bedroom homes increased by +8.2%. The home price for 5 bedroom homes decreased by -15.8%.
How does Cave Creek, AZ compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Cave Creek, AZ
Housing supply in Cave Creek, AZ
How many homes are available in Cave Creek, AZ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
352Last MonthMar 2025 | ||
3292 months agoFeb 2025 | +7.0 % Change MoMFeb – Mar |
Summary: The Cave Creek real estate market had 352 homes for sale in Mar 2025, a 7.0 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
58Last MonthMar 2025 | ||
692 months agoFeb 2025 | -15.9 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 3 | 0.0% |
22 Bedrooms | 33 | 29 | -12.1% |
33 Bedrooms | 114 | 122 | +7.0% |
44 Bedrooms | 122 | 136 | +11.5% |
55+ Bedrooms | 57 | 62 | +8.8% |
Summary: Cave Creek housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -12.1%. The inventory for 3 bedroom homes increased by +7.0%. The inventory for 4 bedroom homes increased by +11.5%. The inventory for 5 bedroom homes increased by +8.8%.
Asking Price vs. Sold Price
How much do homes in Cave Creek, AZ cost?
Over Asking Price5 Homes
At Asking Price14 Homes
Under Asking Price39 Homes
If you're buying a home in Cave Creek, you may be able to get a good deal. 67.2% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in Cave Creek in March 2025, down by 15.9% month-over-month. Of the 58 sold homes, 67% were sold under asking, 24% were sold at asking, and and 9% were sold over asking.
Days on Market for Cave Creek, AZ
How long does it take to sell a home in Cave Creek, AZ?
Breakdown of Home Sale Times
Under 30 Days15 Homes
30 – 90 Days25 Homes
Over 90 Days18 Homes
Avg time on Rocket Homes in Cave Creek has remained consistent over time.
Summary: During March 2025, 58 homes were sold in Cave Creek; 26% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
91 DaysThis YearMar 2025 | ||
63 Days1 year agoMar 2024 | +44.9 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Cave Creek had an average listing age of 91 days in Mar 2025, up by 44.9% compared to the previous year.
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Newest Listings in Cave Creek, AZ
What homes are available in Cave Creek, AZ?
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MLS Disclaimers and Copyright
Based on information from Arizona Regional MLS, for the period 04/01/2023 - 04/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.