85331 Home Values & Market Trends
There are 857 homes currently listed for 85331. 85331 real estate market trends show that home prices range from $81,900 to $3,600,000, and the median sales price in the 85331 zip code is $877,833. The total number of properties sold within the past twelve months is 812. In 85331, 7 properties are in foreclosure, 2 are bank owned properties,and 5 are headed for auction.
Housing Market Summary for 85331
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $850K | $899.9K | 5.87% |
| Median Sold Price | $798.7K | $869K | 8.80% |
| Homes For Sale | 417 | 840 | 101.44% |
| Homes Sold | 326 | 293 | -10.12% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 85331
Browse Homes in 85331
The median list price of a home in Cave Creek, is $877,833. A total of 857 properties are for sale, and the percentage of properties for sale in the zip code is 857.00%. The total count of 85331 properties is 1,148.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 85331 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 85331; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 85331 ranges from the highest value of $1,249,000 in cave creek to the lowest value of $1,249,000 in cave creek. Bank owned homes and properties account for 0.17% of properties in 85331. There is 1 cities within 85331; cave creek containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscave creek has 5 auction properties, the highest number of properties going to auction in a single city in the state of 85331. Auction homes and other auction properties account for 0.44% of all properties in 85331. There is 1 cities within 85331; of that cities, the median estimated home value for homes going to auction ranges from $908,771 in cave creek to the lowest value of $659,853 in cave creek.
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Guide for 85331
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.