Buckeye, AZ—85396
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Buckeye, AZ
Home Price Trends — Buckeye, AZ
As of Oct '25, the median home price in Buckeye, AZ is $459,000, with a year-over-year change of -2.7%. This indicates that home prices in Buckeye, AZ are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $459,000 | -2.7% |
| Single Family | $460,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $443,000 | -3.3% |
3 Bed | $441,000 | -3.1% |
4 Bed | $473,000 | -2.3% |
| 5 Bed | $553,000 | -1.1% |
% of Housing Stock
Rental Trends — Buckeye, AZ
As of July '25, Rentcast reports the average rent in Buckeye, AZ is $2,600, with a year-over-year rent change of 7.0%. Per bedroom, the median rent as of July '25 in Buckeye, AZ is 1-bedrooms: $1,480, 2-bedrooms: $3,060, 3-bedrooms: $2,340, 4-bedrooms: $2,540. The most common rental property sizes in Buckeye, AZ are 3-bedroom and 4-bedroom, accounting for 53.3% and 17.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,490 | $2,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,590 | $1,480 |
| 2 Bed Rent | $3,300 | $3,060 |
| 3 Bed Rent | $2,250 | $2,340 |
| 4 Bed Rent | $2,500 | $2,540 |
% of Rental Stock
Property Listings — Buckeye, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Buckeye, AZ is 58. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $495,000 | -1.0% |
Listing Count | 462 | 11.0% |
| Listings as % of Homes | 2.3% | 11.0% |
Days on Market | 58 | -2.0% |
Demographics — Buckeye, AZ
As of the latest ACS Survey released in 2023, Buckeye, AZ has a population of 38,500, which has increased by 101.7% over the past 5 years. Buckeye, AZ is a popular place for families, as children make up 27.2% of the population. The area has a moderately educated workforce, with 33.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,500 | 101.7% |
% Under 18 | 27.2% | -5.2% |
% Seniors | 21.6% | 17.4% |
% WFH | 24.9% | 207.4% |
% w/ College Degree | 33.2% | 6.8% |
As of the latest ACS Survey released in 2023, Buckeye, AZ is a predominantly white area, with 58.5% of the population identifying as white. The white population has shrunk by 16.1% in the last 5 years. The second most common race or ethnicity in Buckeye, AZ is hispanic, making up 30.9% of the population. Foreign-born residents account for 8.4% of the population in Buckeye, AZ, and this percentage has increased by 13.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 58.5% | -16.1% |
% Black | 4.6% | 21.1% |
% Hispanic | 30.9% | 32.6% |
% Asian | 1.6% | -5.9% |
% Foreign Born | 8.4% | 13.5% |
Mortgage and Risk — Buckeye, AZ
According to HUD data as of 2023, there were 911 mortgage originations in Buckeye, AZ, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Buckeye, AZ. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 911 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Buckeye, AZ
As of 2024, the percent of homes in Buckeye, AZ under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Buckeye, AZ, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $760 | $1,590 | $2,350 |
| 2 Bedroom | -$570 | $3,300 | $2,730 |
| 3 Bedroom | $1,420 | $2,250 | $3,670 |
| 4 Bedroom | $1,610 | $2,500 | $4,110 |
Affordability — Buckeye, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $459,000 |
| Median Household Income | $114,000 |