Cave Creek, AZ Real Estate
According to census data in the year 2000 there were 1,779 housing units in Cave Creek.
This represents a 30.5% growth from 1,363 in 1990.
Of those housing units, 190 were located in either urbanized areas or urban clusters, and 1,589 were located in what is classified as a rural area.
Homeownership rate in Cave Creek is about 81.4%.
Cave Creek's vacancy rate, including seasonal lodging, is about 12.8%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Cave Creek were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 7.60% |
| Two Bedrooms | 32.90% |
| Three Bedrooms | 38.40% |
| Four Bedrooms | 17.90% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $270,500 |
| Median Price asked for vacant units | $231,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $767 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.70% |
| Home Equity Loan | 13.60% |
| Simple Mortgage | 58.20% |
| Debt Free | 20.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
