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The city of Buckeye is a suburb of Phoenix and is in the county of Maricopa. It has a population of 50,876 and covers a land area of 145.8 square miles. It recently incorporated on January 1, 2014 though it has been a town since 1888.
As the last frontier of The Valley of the Sun, Buckeye is ready to grow. Even with big plans, life in Buckeye is one of a small town community with festivals and other gatherings. There is a quaint main street area that has an active coalition to revitalize the area and host events.
Homes in Buckeye are mainly single family dwellings, but there are some condos and mobile homes. There are a number of contemporary homes and with 30 master planned communities in the works with a total of 240,000 homes there will be plenty of opportunities to buy the custom built home of your dreams.
The Buckeye real estate market is a seller’s market right now. With this much development and growth projected everyone wants to get in on the ground floor. The median value of homes is $179,000. Home values have gone up 9.1% over the past year and are expected to go up another 2.6% in the next year. The median list price is $195,000 and the median sold price is $172,000.
Buying a home in Buckeye is a great investment right now. This is a hot market and will only get hotter so now is the time to buy.