Tuesday, December 8, 2020

Buckeye Housing Market: House Prices & Trends

The average sale price per square foot in Buckeye is $218, down 1.8% since last year. Housing is generally the biggest monthly cost that you would need to account for. The average rent in Buckeye (located in Phoenix-Mesa-Scottsdale Metro) metro area for a 2-bed home is $1,245, which is 6% more than the average rent across the US. However, this average takes into account both metro and suburban areas. So, the costs may go up or down depending on which neighborhood you eventually decide to stay. Get an estimate of income required to live comfortably in Buckeye.

The average homes sell for about 2% below list price and go pending in around 49 days. The average homes sell for about 2% below list price and go pending in around 55 days. The average homes sell for about 3% below list price and go pending in around 51 days. The average homes sell for about 2% below list price and go pending in around 53 days. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

Buckeye, AZ Cost of Living

The average size for a Buckeye, AZ apartment is 1,409 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage. There are a total of 187 apartments for rent available in Buckeye, AZ. 4-Bedroom apartments are the most common, with a total of 84 listings available. Studio apartments are the least common, with a total of 3 listings available.

Buckeye is part of Phoenix-Mesa-Scottsdale Metro metro area, which is ranked 160 out of 273 cities across the US in terms of cost of living. According to C2ER , the cost of living in Buckeye is estimated to be 92.1% of the national average making it an average US city. Market temperature is based on changes in renter demand compared to the national average. The average homes sell for around list price and go pending in around 16 days.

W Maldonado Ct, Buckeye, AZ, 85326

Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research. Of homes in Buckeye are required to have flood insurance. Everything you need to know about local demographics, nearby schools, public transport, market trends, and more.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Buckeye. Owner-occupied housing accounts for 73.47% of Buckeye's homes, and 75.76% have either three or four bedrooms, which is average sized relative to America. Single-family detached homes are the single most common housing type in Buckeye, accounting for 94.27% of the city's housing units. Other types of housing that are prevalent in Buckeye include mobile homes or trailers ( 2.25%), large apartment complexes or high rise apartments ( 1.77%). Homes in Buckeye receive 1 offers on average and sell in around 53 days. The average sale price of a home in Buckeye was $395K last month, down 1.3% since last year.

Buckeye, AZ Rent Prices

Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents. Hear what agents are saying across the country and make smarter decisions when buying or selling a home. These are the predominate forms of housing in the city.

average home price in buckeye az

Our cost of living calculator will give you an estimate of your expected expenditures on food, utilities, transportation, housing, healthcare, and more. Simply pick your marital status and family type from the drop-down. The calculator will give you a breakdown of your monthly spends on food, utilities, transportation, housing, healthcare, and other miscellaneous items to help you determine your cost of living in Buckeye. NeighborhoodScout reveals the home appreciation rates for every city, town, and even most neighborhoods in America.

How hot is the Buckeye housing market?

Temperature is based on all bedrooms and all property types. Work with a top Buckeye real estate agent to figure out the best selling strategy and start bidding wars on your home. Visit our Buyer Resource Center for the latest home buying advice from top real estate agents across the country.

average home price in buckeye az

A cost of living calculator helps you to assess how much you will need to make in order to live comfortably in a specific city. It takes into account various expenses that you will make in your daily lives (on housing, food, utilities, transportation, entertainment, etc.) and helps you determine a livable salary. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Buckeye differ in their investment potential, sometimes by a great deal. With 91,502 people, 20,443 houses or apartments, and a median cost of homes of $406,888, Buckeye real estate prices are well above average cost compared to national prices.

What is a livable salary in Buckeye?

The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level. Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S. Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac . Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates.

ClimateCheck™ analyzes a property's risk from climate change using the latest modeling and data from climate scientists, universities, and federal agencies. Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn. Flood risk in Buckeye is increasing slower than the national average. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. Is the cost of living increasing or decreasing in Buckeye?

Track your home’s value and compare it to nearby sales. A third-party browser plugin is preventing JavaScript from running.

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis. As of December 18, 2022, the average rent for a 1-bedroom apartment in Buckeye, AZ is $1,572. This is a 41% increase compared to the previous year. The median household income in a city certainly helps gauge the cost of living. The median household income in Buckeye is $71,707, which is 21% more than that of the state. The median income for an individual is $34,252, which is 6% more than that of the state.

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