Home prices
The cost of the median home in Cave Creek is $482,600. It is approximately $40,540 (9%) higher compared to the surrounding areas.In comparison to the rest of the nation it is about $265,100 (121%) higher, and is roughly $247,200 (105%) higher compared to the city of Phoenix.
Rents
Cave Creek's median rent is $1,335 per month. Compared to other places in this area this is approximately $196 (12%) lower.Compared to the United States as a whole it is approximately $273 (25%) higher, and compared to the city of Phoenix is about $282 (26%) higher.
Nearby places
Carefree
Carefree is Cave Creek's neighbor to the southeast. Its housing prices are significantly more expensive. The median home in Carefree costs $747,000, which is $264,400 (35%) higher than Cave Creek. Its rents are a bit more expensive. Carefree's median monthly rent is $1,446, which is $111 (7%) higher than Cave Creek.
New River
New River is Cave Creek's neighbor to the northwest. Real estate prices there are a little less expensive. The median home in New River costs $376,700, which comes out to $105,900 (28%) lower than Cave Creek. Rent there is substantially more expensive. The median monthly rent in New River is $1,968, which works out to $633 (32%) higher than Cave Creek.
Scottsdale
Scottsdale is Cave Creek's neighbor to the southeast. Housing prices there are fairly similar. The median home in Scottsdale costs $475,300, which works out to $7,300 (1%) lower than Cave Creek. The rent there is pretty similar. Scottsdale's median rent is $1,365 per month, which works out to $30 (2%) higher than Cave Creek.
Anthem
Anthem is about 6 miles west of Cave Creek. Its real estate prices are substantially less expensive. The median home in Anthem costs $346,800, which comes out to $135,800 (39%) lower than Cave Creek. Its rents are somewhat more expensive. In Anthem the median rent is $1,623 a month, which comes out to $288 (17%) higher than Cave Creek.
Peoria
Peoria is about 16 miles west from Cave Creek. The housing prices there are substantially less expensive. The median home in Peoria is valued at $264,500, which is $218,100 (82%) lower than Cave Creek. The rent there is a bit less expensive. Peoria's median rent is $1,255 per month, which works out to $80 (6%) lower than Cave Creek.
