Is Buckeye, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$400,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Buckeye was $400,000 in June 2024, down 1.4% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $615K | $327.2K | -46.8% |
2 Bedrooms | $443.3K | $435K | -1.9% |
3 Bedrooms | $375K | $374.9K | 0% |
4 Bedrooms | $410K | $408.7K | -0.3% |
5+ Bedrooms | $469.9K | $464.9K | -1.1% |
Summary: Buckeye housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.8%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 1.1%.
Housing Supply in Buckeye, AZ
How many homes are available in Buckeye, AZ?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,171 | 1,164 | -0.6% |
Summary: The Buckeye real estate market had 1,164 homes for sale in June 2024, a 0.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 179 | 157 | -12.3% |
3 Bedrooms | 429 | 449 | +4.7% |
4 Bedrooms | 466 | 453 | -2.8% |
5+ Bedrooms | 97 | 104 | +7.2% |
Summary: The Buckeye housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 7.2%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
271 | 225 | -17.0% |
Asking Price vs. Sold Price
103 Homes Were Sold
Under Asking
86 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 225 homes were sold or pending in Buckeye in June 2024, down by 17.0% month-over-month. Of the 225 sold homes, 46% were sold under asking, 38% were sold at asking, and 16% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
76 Days | 70 Days | -7.5% |
Summary: Homes in Buckeye had an average of 70 days on market in Jun 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
78 Homes Were Sold
Under 30 Days
89 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Summary: During June 2024, 225 homes were sold in Buckeye; 35% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.