June 2026
Buckeye’s real estate market remained balanced in June as inventory stabilized, home prices held relatively steady, and homes sold slightly faster than they did a year ago. The rental market also remained healthy, with inventory returning to near last year’s levels while leasing activity continued at a steady pace. As one of the fastest-growing communities in the West Valley, Buckeye continues to attract both homeowners and investors seeking affordability and long-term growth.
Sales Market Highlights
- Active Listings: 921 (0.9% increase YoY)
- Median Sold Price: $222.97 per SF (0.7% decrease YoY)
- Average Days on Market: 63 days (4.5% decrease YoY)
- 30-Year Mortgage Rate: 6.49%
Buckeye’s housing inventory remained almost unchanged from last year, creating a balanced market for both buyers and sellers. Home values were essentially flat, declining less than 1% year over year, while homes sold slightly faster than they did in June 2025. These trends indicate continued demand despite elevated mortgage rates.
Rental Market Highlights
- Active Rental Listings: 114 (1.8% increase YoY)
- Median Rent: $1.08 per SF (2.7% decrease YoY)
- Median Days on Market: 34 days (3.0% increase YoY)
Buckeye’s rental market remained stable throughout June. Available inventory was nearly unchanged compared to last year, while rental rates softened modestly. Homes continued to lease in just over one month, reflecting steady tenant demand as the community continues to grow.
Key Takeaways
- 📊 Home inventory remained stable, increasing just 0.9% year over year.
- 🏡 Median sold price measured $222.97 per square foot, down only 0.7% from last year.
- ⚡ Homes sold slightly faster, averaging 63 days on market, a 4.5% improvement year over year.
- 💰 Mortgage rates remained relatively stable at 6.49%.
- 🏘️ Rental inventory increased 1.8%, remaining balanced for both landlords and tenants.
- 💵 Median rent measured $1.08 per square foot, down 2.7% year over year.
- 🔑 Rental homes leased in a median of 34 days, demonstrating continued healthy tenant demand.
Overall Outlook
Buckeye continues to be one of the Phoenix Metro area’s fastest-growing communities, supported by new residential development, expanding infrastructure, and continued population growth. Stable home values, balanced inventory, and steady leasing activity create favorable conditions for both homeowners and long-term investors. As the West Valley continues to expand, Buckeye remains well positioned for future appreciation and sustained rental demand.
May 2026
Sales Market
Active Listings: 961 (+3.7% YoY)
→ Inventory remains slightly above last year’s levels, giving buyers a healthy selection of homes while avoiding the oversupply seen in some markets.
Median Sold $/SF: $214.37 (-4.0% YoY)
→ Home prices remain below last year’s levels, reflecting continued affordability pressures and buyer sensitivity to pricing.
Average Days on Market: 60 (+4.3% YoY)
→ Homes are taking only slightly longer to sell than they were a year ago, indicating steady buyer demand despite higher mortgage rates.
30-Year Mortgage Rate: 6.52%
→ Mortgage rates increased in May, continuing to challenge affordability across the market.
Rental Market
Active Listings: 90 (-13.5% YoY)
→ Rental inventory continues to tighten, giving prospective tenants fewer options than they had a year ago.
Median Rented $/SF: $1.12 (+2.8% YoY)
→ Rental prices increased year-over-year, demonstrating strengthening rental demand as inventory continues to decline.
Median Days on Market: 37 (+10.3% YoY)
→ Rentals are taking slightly longer to lease than last year, suggesting renters remain selective despite improving market conditions.
Key Takeaways
- Sales inventory remains slightly above last year’s levels, offering buyers healthy inventory.
- Home prices remain modestly below last year’s levels.
- Buyer demand remains steady, with only slightly longer selling times.
- Rental inventory continues to tighten across Buckeye.
- Rent prices have turned positive year-over-year as supply declines.
- Higher mortgage rates continue to influence purchasing decisions.
Overall
Buckeye’s May housing market continues to move toward a healthier balance. The sales market still offers buyers a solid selection of homes, though inventory growth has slowed considerably compared to last year. Home prices remain modestly lower, while selling times have stayed relatively stable despite elevated mortgage rates. The rental market has strengthened noticeably, with declining inventory and rising rents signaling improving conditions for landlords. Overall, Buckeye remains one of the Phoenix metro’s fastest-growing communities, offering attractive affordability and long-term growth potential for both homeowners and investors.
April 2026
Sales Market
Active Listings: 969 (+5.1% YoY)
→ Inventory remains higher than last year, but the pace of growth has slowed considerably compared to earlier months, signaling a more balanced supply environment.
Median Sold $/SF: $225.00 (+1.2% YoY)
→ Home prices turned positive year-over-year, a notable shift after several consecutive months of pricing softness.
Average Days on Market: 69 (+16.9% YoY)
→ Homes are taking significantly longer to sell compared to last year, suggesting buyers are moving more cautiously despite improved affordability.
30-Year Mortgage Rate: 6.35%
→ Rates improved from March, offering buyers a modest affordability boost heading deeper into the spring market.
Rental Market
Active Listings: 83 (-17.8% YoY)
→ Rental inventory remains well below last year’s levels, continuing the tightening trend that began earlier this spring.
Median Rented $/SF: $1.06 (+1.0% YoY)
→ Rental pricing has turned slightly positive year-over-year, signaling strengthening conditions for landlords.
Median Days on Market: 33 (+8.2% YoY)
→ Rentals are still taking slightly longer to lease than last year, though absorption has improved compared to recent months.
Key Takeaways
- Sales inventory remains elevated, but supply growth is slowing
- Home prices have turned positive year-over-year, signaling stronger pricing stability
- Longer selling times suggest buyers are still being selective
- Rental inventory remains tight, creating a healthier supply/demand balance
- Rent growth has returned, pointing toward improving rental market fundamentals
- Lower mortgage rates compared to March may help support buyer activity
Overall
Buckeye’s April market shows meaningful improvement compared to earlier in the year. The sales market is becoming healthier, with price growth returning and inventory expansion cooling, though buyers are still taking their time to make decisions. The rental market continues to tighten, with lower supply and modest rent growth suggesting momentum is shifting back toward landlords. Overall, Buckeye appears to be moving into a more balanced and stable spring market.