Buckeye, Arizona is a city in Maricopa County. With a population of more than 79,000 residents, it is part of the Phoenix metropolitan area. It is one of the fastest-growing cities in the U.S., increasing at a rate of 8.5 percent between 2017 and 2018. It sits in the westernmost area of the Phoenix metropolis.
Formally founded in 1888, Buckeye actually had its first settlers arrive in 1877. It was initially named Sydney. However, in 1910, the city’s name changed officially to Buckeye, paying homage both to the state of Ohio and the nearby Buckeye Canal, which native Ohioan Mallie M. Jackson built after his arrival shortly before the city’s founding.
Buckeye is 393 square miles in size. It spans portions of Interstate 10 and Arizona State Highway 85. It southern border stretches to near the Gila River while its east border spans to Perryville Road. Its west border reaches to Hassayampa Road, and the northernmost border extends past West Patton Road.
Buckeye Municipal Airport is located in the south-central area of the city. It sits on Palo Verde Road, just south of the Papago Freeway and west of state highway 85.
Downtown Buckeye is about 30 miles away from Phoenix. Its main historic street is US 80, now called Monroe Avenue, and Maricopa Highway 85. The main street running through downtown Buckeye was once called Dixie Overland Highway.
Verrado Lost Creek Trail and Sundance Park are also located in Buckeye. The city’s boundaries are just south of Skyline Regional Park and White Tank Mountain Regional Park.
Buckeye has a thriving real estate market that spans 25 different neighborhoods. Single-family homes are the most common types of residences in Buckeye. Buyers can find one and two-story homes as well as condominiums and townhouses for sale.
The homes range in size from two to five bedrooms with anywhere from two to five bathrooms. The smallest of the homes span on average 1900 square feet. However, larger homes in Buckeye can be as expansive as 4000 or more square feet.
Home prices in Buckeye start around $250,000 and can be as high as $2 million. Empty lots of 90 acres are more can also sell for around $2 million.
There is a public library with two branches in Buckeye. The main branch is found downtown on North Sixth Street while the Coyote Branch is located on West Yuma Road. Residents here have access to three parks: Skyline Regional Park, Sundance Park and Town Park. The parks have amenities like covered playgrounds, dog parks and picnic ramadas. Hidden Lake on West Sunrise Drive is a popular location for fishing and camping.
Buckeye has six elementary and high school districts as well as a preparatory academy and community college. Estrella Mountain Community College serves the public by offering not only academic courses but also vocational training and continued education classes. Retail shops selling everything from clothing to housewares can be found in Buckeye’s four main shopping areas. Residents can shop at Sundance Town Center, Main Street at Verrado, Miller Plaza and Buckeye Marketplace.
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The spectacular amount of market activity in Arizona over the past decade has been well documented. People of all walks of life have been moving to Arizona, and particularly Phoenix, in numbers unmatched in recent memory. Figures from 2000-2020 show nothing but increased construction, development, unit sales and unit sales prices in virtually every category of structure offered on the market.
The greatest degree of growth occurred during fiscal 2005, where previous growth statistics, impressive in their own rights, spiked sharply to even higher levels. Of particular note to the residential home seller/buyer was the record appreciation in new and resale home values. These rates were up for new homes and resales, rentals and condominium units, the only difference being one of degree.
While it is true that not all Phoenix area real estate markets showed the same amount of increase it is true that the degree of growth for each area was proportional. One interesting exception is the median price for resale units has risen slightly. This rising price accompanied by a decrease in sales seems to be more in keeping with normal market tendencies.
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