Is Buckley, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckley is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Buckley has remained a Seller's Market.

Key Takeaway

Buckley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Buckley, MI

How much do homes in Buckley, MI cost?

Median Sold Price

$275,000

$108/sqft

Based on all homes sold in January 2024.

Difference Since Last Month

-$86,750(-24.0%)

Key Takeaway

Homes in Buckley have sold for 24% less than they did a month ago.

Summary: The median home sold price in Buckley was $275,000 in January 2024, down 24% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 --
N/A
2 --
N/A
3 $227.5K$275K
+20.9%
4 $438.7K-
N/A
5+ --
N/A

Summary: Buckley housing prices by bedroom type for January 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mayfield Township
+12.9%
Buckley
-24.0%
Buckley
-24.0%

Housing Supply in Buckley, MI

How many homes are available in Buckley, MI?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
149-35.7%

Summary: The Buckley real estate market had 9 homes for sale in January 2024, a 35.7% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 11
0.0%
3 98
-11.1%
4 40
-100.0%
5+ 00
0.0%

Summary: The Buckley housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Buckley in January 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Buckley, MI

How long does it take to sell a home in Buckley, MI?

Average Sale Time

Dec 2023Jan 2024CHANGE
43 Days70 Days+60.3%

Summary: Homes in Buckley had an average of 70 days on market in Jan 2024, up by 60.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Buckley are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 2 homes were sold in Buckley; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Buckley, MI

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