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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckeye is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Buckeye has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Buckeye, AZ

How much do homes in Buckeye, AZ cost?

Median Sold Price

$409,099

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,014(+3.8%)

Key Takeaway

Homes in Buckeye have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Buckeye was $409,099 in December 2024, up 3.8% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $327.2K$165K
-49.6%
2 $437.2K$441.7K
+1.0%
3 $364.9K$379.9K
+4.1%
4 $399.1K$415.2K
+4.0%
5+ $465K$481.8K
+3.6%

Summary: Buckeye housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.6%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Cities

Waddell
+9.7%
Buckeye
+3.8%
Surprise
+2.4%
Goodyear
+0.7%

Housing Supply in Buckeye, AZ

How many homes are available in Buckeye, AZ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1,0971,075-2.0%

Summary: The Buckeye real estate market had 1,075 homes for sale in December 2024, a 2.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 165169
+2.4%
3 419404
-3.6%
4 430426
-0.9%
5+ 8275
-8.5%

Summary: The Buckeye housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 8.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
174202+16.1%

Asking Price vs. Sold Price

101 Homes Were Sold
Under Asking

66 Homes Were Sold
At Asking

35 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. 50% of homes here sold below asking price last month.

Summary: A total of 202 homes were sold or pending in Buckeye in December 2024, up by 16.1% month-over-month. Of the 202 sold homes, 50% were sold under asking, 33% 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

Dec 2023Dec 2024CHANGE
61 Days78 Days+26.9%

Summary: Homes in Buckeye had an average of 78 days on market in Dec 2024, up by 26.9% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

90 Homes Were Sold
In 30 - 90 Days

71 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 December 2024, 202 homes were sold in Buckeye; 20% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 35% 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 10 Days Ago

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