Home/Cave Creek homes for sale/ZIP 85331
Cave Creek, Arizona · ZIP 85331
Cave Creek 85331 homes for sale
Every active Cave Creek 85331 listing, live from the MLS, with the numbers behind them.
The short answer
As of October 31, 2026, there are 239 homes, condos, and townhomes listed for sale in Cave Creek 85331, with a median list price of $950,000. Over the past 12 months, 629 homes sold at a median price of $867,000, or $356 per square foot, after a median of 58 days on market. Homes closed at a median of 97.69% of their final list price. With about 4.6 months of supply, the market is close to balanced.
Source: ARMLS via Flexmls, calculated by Arizona Luxury Partners. Figures cover single-family homes, condos, townhomes, and patio homes with a Cave Creek address in ZIP 85331 in the MLS, as explained in the FAQ below.
The Cave Creek 85331 market, by the numbers
Closed residential sales, October 31, 2025 to October 31, 2026.
Months of supply is today's 239 listings divided by the 12 month average of about 52 sales per month. 247 of the 629 sales closed at $1 million or more. Seller concessions are seller paid buyer costs, such as closing costs or a rate buydown, as reported on the closed MLS record. Listing success rate is the share of listings that left the market over the past 12 months that closed rather than being cancelled or expiring: 629 closed and 294 cancelled or expired. A listing that was cancelled and relisted counts as cancelled.
Cave Creek 85331 median sale price, 10 years
Yearly median sale price of closed residential sales, 2016 to 2026.
The median sale price for homes with a Cave Creek 85331 address went from $420,000 in 2016 to $825,000 in 2025, up 96%. So far this year, through October 31, 2026, the median is $875,000. A median is the middle sale of the year, so it moves with both prices and the mix of homes that sold. Ask us how values have changed for homes like yours.
See the yearly numbers
| Year | Median sale price | Homes sold |
|---|---|---|
| 2026 (through October 31, 2026) | $875,000 | 515 |
| 2025 | $825,000 | 630 |
| 2024 | $816,000 | 531 |
| 2023 | $789,900 | 511 |
| 2022 | $805,000 | 669 |
| 2021 | $692,500 | 956 |
| 2020 | $550,500 | 934 |
| 2019 | $457,750 | 882 |
| 2018 | $460,000 | 836 |
| 2017 | $425,000 | 793 |
| 2016 | $420,000 | 811 |
Source: ARMLS via Flexmls. Closed residential sales by calendar year, calculated by Arizona Luxury Partners.
Search Cave Creek 85331 homes for sale
Updated continuously from the MLS. Filter, save, and tour any home.
What the numbers mean right now
Our read on the market, for buyers and for sellers.
Over the past 12 months, 629 homes with a Cave Creek 85331 address sold, and 39% of them closed at $1 million or more. Today 239 are listed for sale, and 120 of those have already had a price change.
Pricing is where homes win or sit. 168 of last year's sales, or 27%, went under contract within 30 days, at about 98% of list price on average. 141, or 22%, took more than 120 days, and those closed at about 87% of their original list price on average.
If you are buying
- The typical home sold about 4% below its original list price, so there is room to negotiate on homes that have been listed a while.
- 32% of sales included a seller concession. Ask about closing costs or a rate buydown as part of your offer.
- Compare a home against recent sales in the same neighborhood and price range, not the whole ZIP code.
- Get pre-approved first so you can act quickly when the right home comes up.
If you are selling
- Your first month matters most. Homes that sold within 30 days closed at about 98% of list price on average.
- Homes that sat more than 120 days closed at about 87% of their original list price, so pricing right at the start pays.
- Price against recent sales in your own neighborhood, and show how your home compares on size, lot, and updates.
- We can show you the exact sales we would use to price your home.
About Cave Creek 85331
How ZIP 85331 compares with the rest of Cave Creek.
ZIP code 85331 covers nearly all Cave Creek home sales in the MLS. Over the past 12 months it accounted for 629 of the 629 Cave Creek home sales, or about 100%, at a median price of $867,000, the same as the Cave Creek median of $867,000.
- City
- Cave Creek, Arizona (MLS mailing city)
- ZIP code
- 85331
- Median home size sold
- 2,511 square feet over the past 12 months
- Share of Cave Creek sales
- 100% of the 629 closed sales over the past 12 months
- Listings at $1 million or more
- 110 of 239 active listings
- Listings with a price change
- 120 of 239 active listings
Communities in Cave Creek 85331
Neighborhood pages with their own search and sales data.
Cave Creek 85331 homes we have helped clients buy and sell
White-glove service at every price point.
Nearby ZIP codes
Compare Cave Creek 85331 with nearby ZIP codes.
Cave Creek 85331 questions, answered
How much do homes cost in Cave Creek 85331?
The median sale price was $867,000 for the 629 homes, condos, and townhomes with a Cave Creek 85331 address that sold from October 31, 2025 to October 31, 2026, or $356 per square foot. Homes listed for sale on October 31, 2026 had a median list price of $950,000.
How many homes are for sale in Cave Creek 85331 right now?
As of October 31, 2026, 239 homes, condos, and townhomes with a Cave Creek 85331 address were listed for sale in the MLS. The search on this page updates continuously, so it always shows the current count.
How fast do homes sell in Cave Creek 85331?
Homes that sold over the past 12 months spent a median of 58 days on the market and closed at a median of 97.69% of their final list price, or 96.06% of their original list price.
Is Cave Creek 85331 a buyer's market or a seller's market?
With 239 listings today and about 52 sales a month over the past year, Cave Creek 85331 has about 4.6 months of supply, which is close to balanced. Conditions vary a lot by price range and neighborhood, so ask us for the numbers on the homes you are considering.
How common are seller concessions in Cave Creek 85331?
200 of the 629 closed sales, or 32%, reported a seller concession on the MLS record, such as seller paid closing costs or a rate buydown. Among the sales that had one, the median concession was $10,000.
How many listings actually sell in Cave Creek 85331?
Of the 923 listings that left the market over the past 12 months, 629 closed and 294 were cancelled or expired, a listing success rate of 68%. A listing that was cancelled and then relisted counts as cancelled.
How have Cave Creek 85331 home prices changed over the past 10 years?
The median sale price for homes with a Cave Creek 85331 address was $420,000 in 2016 and $825,000 in 2025, up 96%. So far this year, through October 31, 2026, the median is $875,000.
How does this page define Cave Creek 85331?
Our search and statistics include residential listings, meaning single-family homes, condos, townhomes, and patio homes, whose MLS city is Cave Creek and whose ZIP code is 85331. The MLS city is the mailing address city, which does not always match city limits. Figures were calculated by Arizona Luxury Partners from ARMLS data on October 31, 2026.
Thinking about Cave Creek 85331?
Your vision, your home, our expertise.
Tell us what you are looking for and we will send new Cave Creek 85331 listings that fit, along with the sales data behind each one. Our office is on Pima Road in north Scottsdale. White-glove service at every price point.
Your advisors
602.814.7266
kyle@azluxurypartners.com
License BR665419000
Meet Kyle
480.510.7689
art@azluxurypartners.com
License BR014102000
Meet Art
Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties
Sources
- ARMLS via Flexmls. Residential closed sales October 31, 2025 to October 31, 2026, and active listings on October 31, 2026, for listings whose MLS city is Cave Creek and ZIP code is 85331. Medians and months of supply calculated by Arizona Luxury Partners.
- ARMLS via Flexmls. Residential closed sales for each calendar year from 2016 through October 31, 2026, for listings whose MLS city is Cave Creek and ZIP code is 85331, used for the 10 year median sale price chart.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is provided by the Arizona Regional Multiple Listing Service and may not reflect all real estate activity in the market. ZIP code areas do not follow city limits or school boundaries, so confirm the city, HOA, and assigned schools for a specific address. This page is for general information only and is not financial, lending, legal, or tax advice. Arizona Luxury Partners | Real Estate Group at RE/MAX Fine Properties, 21020 N. Pima Road, Scottsdale, AZ 85255. Office 480.766.1515. Brokerage License LC629808000. Equal Housing Opportunity.
