Table of Content
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.
The Downtown Buckeye housing market is somewhat competitive. The average sale price of a home in Downtown Buckeye was $305K last month, up 2.5% since last year. The average sale price per square foot in Downtown Buckeye is $241, down 17.3% since last year.
Zip Code Listings
Estimates for the most recent period have a high degree of uncertainty due to limited data for this bedroom type in Buckeye, AZ and may not be representative of the actual market. At this time, we don't have enough active inventory for the selected bedroom count to generate data for the table. Indicates a property listed by a real estate brokerage other than the web site owner. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright © 2022 Arizona Regional Multiple Listing Service, Inc.
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.
Average Rent in Buckeye, AZ
Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level.
Click on the risks below to learn which exist in Buckeye today and how they’ll change by 2050. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. Across the nation, 3% of homebuyers searched to move into Buckeye from outside metros. The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
How Buckeye Compares to Other Cities
Can sell for around list price and go pending in around 25 days. 4,011 or 20% of the households in Buckeye, AZ are renter-occupied while 16,432 or 80% are owner-occupied. The most popular Neighborhoods in Buckeye are Sundance where we have 61 listings. The median home price in Buckeye is $369,995 with a median price per sqft of $222.
Percentages are based on the number of housing units for each type over the total number of units across all types. The proportion of homes and apartments in the city built within a certain time period. The price range for all bedrooms and all property types is $1,400 to $6,000. Flood risk in Downtown Buckeye is increasing slower than the national average. Homes in Buckeye are staying on the market for 0 days on average.
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.
Homes include single family houses as well as apartment and condominium units. Average market rent is exclusively developed by NeighborhoodScout. It reveals the average monthly rent paid for market rate apartments and rental homes in the city, excluding public housing. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Only mortgage transactions on single-family properties are included. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity.
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.
Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood. The minimum salary you need to live in Buckeye is the sum of your daily expenses , your monthly housing-related costs , any debt expenses , as well as your savings and investment goals. Use our cost of living calculators to assess how much you’ll need to earn to live comfortably in key cities. Of homes in Downtown Buckeye are required to have flood insurance. Can sell for about 3% above list price and go pending in around 7 days.
You'll also find that houses and apartments in Buckeye, AZ range from affordable to luxury. The data relating to real estate listings on this website comes in part from the Internet Data Exchange program of Multiple Listing Service of Southern Arizona. Listings provided by brokerages other than Redfin are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2022 MLS of Southern Arizona. The cost of living index for housing estimates the cost of housing in Buckeye to be 84.5% of the national average.
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