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Cave Creek, AZ

Full City Profile · Arizona · Maricopa County County

3.3 /5.0
B Good
5,033 Population 133/sq mi density
$102,589 Median Income $63,573 per capita
$791,900 Home Value $1,043,054 Zillow
$2,096 Median Rent 20.0% income on rent
71°F Avg Temperature 330 sunny days/yr
572 Violent Crime/100K 3,724 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$102,589 median income, 1.7% unemployment
C
Affordability
2.3 / 5.0
$791,900 home value, $2,096/mo rent
F
Safety
1.0 / 5.0
572 violent crimes/100K (50% above avg)
A+
Education
5.0 / 5.0
50.0% bachelor's degree or higher

Housing Overview

Median Home Value
$791,900
181% above
US avg: $281,900
Median Rent
$2,096/mo
80% above
US avg: $1,163/mo
Homeownership Rate
94.6%
45% above US avg (65.4%)
Total Housing Units
2,757
Median year built: 1996

Home Value by Source

Census Median
$791,900
Zillow (ZHVI)
$1,043,054
Median Sale Price
$994,500
Median List Price
$1,212,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.6%
Owner-Occupied
5.4%
Renter-Occupied
95%
5%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,053/mo
1 Bedroom
$1,151/mo
2 Bedroom
$1,419/mo
3 Bedroom
$1,889/mo
4 Bedroom
$2,158/mo
Census median rent: $2,096/mo

Market Indicators (Redfin)

Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$451
Active Inventory
72
homes for sale

Affordability & Housing Stock

Rent Burden
20.0%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
94.6%

Complete Housing Data

Home Values

Census Median Value$791,900
Zillow Home Value (ZHVI)$1,043,054
Median Sale Price$994,500
Median List Price$1,212,500
Price Per Sq Ft$451

Rent

Census Median Rent$2,096
FMR Studio$1,053
FMR 1-Bedroom$1,151
FMR 2-Bedroom$1,419
FMR 3-Bedroom$1,889
FMR 4-Bedroom$2,158

Market

Days on Market76
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold14
Active Inventory72
Price Per Sq Ft$451

Ownership & Stock

Owner-Occupied94.6%
Renter-Occupied5.4%
Homeownership Rate94.6%
Total Housing Units2,757
Median Year Built1996
Rent Burden20.0%