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USAArizonaCave Creek

Cave Creek, Arizona Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
56
Sold (12M)
99
Median Price
$575K
Market Condition
Buyer's Market

Cave Creek, Arizona Market Meter

Buyer'sSeller's
Buyer's Market

10.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$575K
Avg Price/Acre
$474K
Avg Days on Market
178
Months of Supply
10.5
YoY Price Change
-21.0%
New Listings (3M)
9

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres31127537281
1-2 acres-16121828
2-5 acres136172652
5-10 acres-12121526
10-20 acres--11610
20-50 acres--1238
50-100 acres---133
100+ acres----12
TOTAL4164398144210
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres53 sold / 9 listed
1-2 acres12 sold / 3 listed
2-5 acres17 sold / 18 listed
5-10 acres12 sold / 12 listed
10-20 acres1 sold / 8 listed
20-50 acres2 sold / 3 listed
50-100 acres1 sold / 2 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$738K$1.5M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$91.1M
Last 12 months
Active Listings
56
Current inventory
Avg Days on Market
178
Time to sell
Price Trend (YoY)
-21.0%
Year over year

Cave Creek, Arizona Land Market Analysis

How much is land worth in Cave Creek, Arizona?

The median price for land in Cave Creek, Arizona is currently $474K per acre. For a typical parcel, the median sale price is $575K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $299K while premium lots reached $1.9M.

Is now a good time to buy land in Cave Creek, Arizona?

Cave Creek, Arizona is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 21.0% year-over-year.

What is the months of supply for land in Cave Creek, Arizona?

Cave Creek, Arizona currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the median land price in Cave Creek, Arizona?

The median land price in Cave Creek, Arizona stands at $575K. This translates to roughly $474K per acre for the typical parcel size. The average price is $920K, indicating some higher-priced properties pulling up the average.

What is the total amount sold in Cave Creek, Arizona last year?

Over the past 12 months, Cave Creek, Arizona saw 99 properties sold, totaling $91.1M in sales volume. In just the last 3 months, 16 properties changed hands.

What is the absorption rate for land in Cave Creek, Arizona?

The 3-month absorption rate in Cave Creek, Arizona is 9.5%. The 12-month rate is 14.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the average price per acre in Cave Creek, Arizona?

Land in Cave Creek, Arizona averages $2.4M per acre. The median price per acre is $474K, which may be more representative of typical transactions. Most parcels sold are around 36,004 sq ft.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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