Is Buckeye, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Buckeye has remained a Seller's Market.
Housing Prices in Buckeye, AZ
How much do homes in Buckeye, AZ cost?
Median Sold Price
$397,316
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Buckeye was $397,316 in March 2024, down 7.2% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $615K | $327.2K | -46.8% |
2 Bedrooms | $454.9K | $430.9K | -5.3% |
3 Bedrooms | $399.9K | $369.9K | -7.5% |
4 Bedrooms | $435.9K | $400K | -8.2% |
5+ Bedrooms | $495K | $468K | -5.5% |
Summary: Buckeye housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.8%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in Buckeye, AZ
How many homes are available in Buckeye, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,054 | 1,083 | +2.8% |
Summary: The Buckeye real estate market had 1,083 homes for sale in March 2024, a 2.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 206 | 207 | 0.5% |
3 Bedrooms | 376 | 391 | +4.0% |
4 Bedrooms | 385 | 391 | +1.6% |
5+ Bedrooms | 87 | 94 | +8.0% |
Summary: The Buckeye housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
197 | 241 | +22.3% |
Asking Price vs. Sold Price
106 Homes Were Sold
Under Asking
91 Homes Were Sold
At Asking
44 Homes Were Sold
Over Asking
Summary: A total of 241 homes were sold or pending in Buckeye in March 2024, up by 22.3% month-over-month. Of the 241 sold homes, 44% were sold under asking, 38% were sold at asking, and 18% were sold over asking.
Days on Market for Buckeye, AZ
How long does it take to sell a home in Buckeye, AZ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 66 Days | -16.7% |
Summary: Homes in Buckeye had an average of 66 days on market in Mar 2024, down by 16.7% compared to last year.
Breakdown of Home Sale Times
92 Homes Were Sold
Under 30 Days
87 Homes Were Sold
In 30 - 90 Days
62 Homes Were Sold
Over 90 Days
Summary: During March 2024, 241 homes were sold in Buckeye; 38% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.