Is Buckeye, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$394,993
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Buckeye was $394,993 in February 2024, down 8.8% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $525K | $327.2K | -37.7% |
2 Bedrooms | $459.5K | $432.9K | -5.8% |
3 Bedrooms | $405K | $368.7K | -8.9% |
4 Bedrooms | $439.9K | $399.9K | -9.1% |
5+ Bedrooms | $500K | $462.4K | -7.5% |
Summary: Buckeye housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.7%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 7.5%.
Housing Supply in Buckeye, AZ
How many homes are available in Buckeye, AZ?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
965 | 1,022 | +5.9% |
Summary: The Buckeye real estate market had 1,022 homes for sale in February 2024, a 5.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 172 | 206 | +19.8% |
3 Bedrooms | 352 | 363 | +3.1% |
4 Bedrooms | 362 | 378 | +4.4% |
5+ Bedrooms | 79 | 75 | -5.1% |
Summary: The Buckeye housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 5.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
152 | 186 | +22.4% |
Asking Price vs. Sold Price
92 Homes Were Sold
Under Asking
63 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 186 homes were sold or pending in Buckeye in February 2024, up by 22.4% month-over-month. Of the 186 sold homes, 49% were sold under asking, 34% were sold at asking, and 17% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
83 Days | 74 Days | -10.6% |
Summary: Homes in Buckeye had an average of 74 days on market in Feb 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
78 Homes Were Sold
In 30 - 90 Days
55 Homes Were Sold
Over 90 Days
Summary: During February 2024, 186 homes were sold in Buckeye; 28% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.