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Market Intelligence · AZ / Maricopa County

Cave Creek, AZ home prices and housing market

1 ZIP market liveData updated September 2026Typical value$825K1-yr changeUp1.9%

The typical home value in Cave Creek, AZ is $825K as of September 2026, up 1.9% from a year ago, based on the Zillow Home Value Index. In the typical Cave Creek ZIP code, the median list price is $961K and homes spend a median of 79 days on market as of September 2026 (Realtor.com).

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Joyce Tawes

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Joyce Tawes

Lic #BR540739000 AZ

Selling the Scottsdale home you’ve lived in for years is a big decision, and it should feel calm and well managed from day one. With 24 years in Arizona real estate and 20 in local government affairs, I price with precision and spot potential issues before buyers do. I’ll guide your preparation and negotiate firmly on your behalf, and you’ll always know where things stand, so you can focus on what comes next. I’d welcome a conversation about your plans to sell.

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The coverage

Cave Creek, by the numbers.

Typical home valueZillow ZHVI, September 2026
$825K
1-yr changeMedian across Cave Creek ZIPs
+1.9%
ZIP markets live2 tracked in Cave Creek
1
County
Maricopa County

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12-month value trend

+1.9% over 12 months

Typical home value in Cave Creek over the last 12 months: $810K in Sep 2025 to $825K in Sep 2026 (+1.9%).

Sep 2025$810K

Sep 2026$825K

Median Zillow home value index across Cave Creek's ZIP codes.

Context

Zillow's home value index puts the typical Cave Creek home at $824,947 as of September 2026, a 12-month move of +1.9%. Realtor.com's September 2026 listing data shows 196 homes on the market, 84 newly listed, and a median asking price of $960,500. The median listing spends 79 days on market, and 25.9% of active listings have reduced their asking price. These figures describe a market holding firm, with modest gains and room to negotiate on single listings.

The numbers

What is the housing market like in Cave Creek, AZ?

Typical home value

$825K

Up1.9%YoY

Median list price

$961K

Days on market

79

Homes for sale

196

Price cuts

25.9%

New listings

84

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Cave Creek's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Cave Creek, AZ home prices over time

Typical home values in Cave Creek, AZ are up 1.9% over the past year, from $810K in September 2025 to $825K in September 2026.

Typical home value in Cave Creek, AZ, September of each year
MonthTypical value1-yr change
September 2026$824,947+1.9%
September 2025$809,883No prior year

Typical value is the median Zillow Home Value Index across Cave Creek ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Cave Creek, AZ a buyer's or seller's market?

Cave Creek, AZ leans toward a buyer's market.

Homes are taking longer to sell and a large share of listings have cut their asking price, which gives buyers more room to negotiate.

Based on a median of 79 days on market and 26% of listings with a price cut in the typical Cave Creek ZIP code, and 84 new listings against 196 active listings across Cave Creek, as of September 2026 (Realtor.com).

The outlook

Cave Creek housing market forecast 2027

-1.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Cave Creek ZIP code, points to typical home values falling 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in Cave Creek rose 1.9%, per the Zillow Home Value Index.

Will home prices drop in Cave Creek?

The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Cave Creek shows typical home values falling 1.4% by September 2027, after a 1.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Cave Creek ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Cave Creek?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 2 Cave Creek ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Cave Creek, AZ home prices.

What is a typical home worth in Cave Creek?

As of September 2026, the typical home value in Cave Creek is $824,947, up 1.9% over the past year.

How many homes are currently for sale in Cave Creek?

There are 196 homes for sale in Cave Creek as of September 2026, with a median list price of $960,500.

How long do homes typically stay on the market in Cave Creek?

The median days on market in Cave Creek is 79 days as of September 2026.

Are home prices going up or down in Cave Creek, AZ?

Typical home values in Cave Creek, AZ are up 1.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Cave Creek, AZ a buyer's or seller's market?

Cave Creek, AZ leans toward a buyer's market. Homes are taking longer to sell and a large share of listings have cut their asking price, which gives buyers more room to negotiate. Based on a median of 79 days on market and 26% of listings with a price cut in the typical Cave Creek ZIP code, and 84 new listings against 196 active listings across Cave Creek, as of September 2026 (Realtor.com).

Nearby markets

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