Is Buckeye, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckeye is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Buckeye was a Seller's Market.

Key Takeaway

Buckeye is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Buckeye, AZ

How much do homes in Buckeye, AZ cost?

Median Sold Price

$406,163

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,762(+3.0%)

Key Takeaway

Homes in Buckeye have sold for 3% more than they did a year ago.

Summary: The median home sold price in Buckeye was $406,163 in October 2024, up 3% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $327.2K$165K
-49.6%
2 $440K$440K
0.0%
3 $364.5K$375.1K
+2.9%
4 $399.9K$414.9K
+3.8%
5+ $455K$484.8K
+6.6%

Summary: Buckeye housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Cities

Waddell
+7.6%
Buckeye
+3.0%
Surprise
+1.9%
Goodyear
0.3%

Housing Supply in Buckeye, AZ

How many homes are available in Buckeye, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,1061,127+1.9%

Summary: The Buckeye real estate market had 1,127 homes for sale in October 2024, a 1.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 133168
+26.3%
3 427420
-1.6%
4 440436
-0.9%
5+ 104101
-2.9%

Summary: The Buckeye housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 2.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220176-20.0%

Asking Price vs. Sold Price

76 Homes Were Sold
Under Asking

71 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckeye, you may be able to get a good deal. 43.2% of homes here sold below asking price last month.

Summary: A total of 176 homes were sold or pending in Buckeye in October 2024, down by 20.0% month-over-month. Of the 176 sold homes, 43% were sold under asking, 40% 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

Oct 2023Oct 2024CHANGE
62 Days78 Days+26.1%

Summary: Homes in Buckeye had an average of 78 days on market in Oct 2024, up by 26.1% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

79 Homes Were Sold
In 30 - 90 Days

60 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Buckeye has remained consistent over time.

Summary: During October 2024, 176 homes were sold in Buckeye; 21% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 34% 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 20 Days Ago

Newest Listings in Buckeye, AZ

Nearby Markets to Buckeye, AZ

What housing markets are near Buckeye, AZ?