Median price for residential apartments in as of Jun, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
214 Cave Creek, AZ 85331, USA apartments for sale
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Cave Creek
According to statistics, the population in Cave Creek, AZ amounts to 5,423, which shows growth 3% compared to the previous year. The median age of the city’s residents is 58. The average household income is $91,500, shifting growth 11% from the past year, and the average property value in Cave Creek, AZ growth 3% to $466,600 throughout the year.
| Population | 5,423 |
| Median Age | 57.5 |
| Poverty Rate | 7% |
| Household Income | $91,500 |
| Number Of Employees | 2,473 |
| Median Property Value | $466,600 |
Household Income
The average household income in Cave Creek, AZ grew from $82,095 to $91,500 in the past year. This data is an estimate based upon 2,458 households in Cave Creek, AZ . The chart below presents how household income is distributed in Cave Creek, AZ in comparison to the revenue allocation amid households nationally.
- USA
- Cave Creek, AZ
Property Value
According to data from last year, the average property value in Cave Creek, AZ shifted from $453,300 to $466,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cave Creek, AZ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cave Creek, AZ properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
- USA
- Cave Creek, AZ
Rent vs. Own
- Rent87%
- Own13%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cave Creek, AZ compared to median property taxes around the country. The prevalent amount of property taxes in Cave Creek, AZ equals $1150, which is less than the national average.
- USA
- Cave Creek, AZ
Housing Trends
Cave Creek, AZ 85331, USA Housing Trends
Average sale in Cave Creek: $840,858 (+10.3%)
| Apartment Size | Jun | vs Last Month |
|---|---|---|
| 2 bed apartments | $1,240,000 | +296.2% |
| 3 bed apartments | $899,778 | +24.3% |
| 4+ bed apartments | $674,414 | -16.1% |
During Jun 2021, the average price for an apartment in/near Cave Creek, AZ increased by 10.3% to $840,858.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $1,240,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $899,778. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $674,414 for a big-family home.
| Listing Type | Jun | vs Last Month |
|---|---|---|
| Lofts for sale | $725,000 | -48.3% |
| Houses for sale | $846,651 | +19% |
| Duplexes for sale | $1,051,000 | N/A |
According to statistics, average house is still $846,651 with no significant changes this month. An average value of duplex is $1,051,000, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $725,000.
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