Is Buckley, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckley is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Buckley has remained a Seller's Market.

Key Takeaway

Buckley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Buckley, WA

How much do homes in Buckley, WA cost?

Median Sold Price

$614,916

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$54,916(+9.8%)

Key Takeaway

Homes in Buckley have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Buckley was $614,916 in May 2024, up 9.8% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $675K$541.2K
-19.8%
2 $432K$456K
+5.6%
3 $519.9K$548.9K
+5.6%
4 $655K$700K
+6.9%
5+ $758.3K$866.4K
+14.3%

Summary: Buckley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Cities

Buckley
+9.8%
Enumclaw Plateau
+1.3%

Housing Supply in Buckley, WA

How many homes are available in Buckley, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7385+16.4%

Summary: The Buckley real estate market had 85 homes for sale in May 2024, a 16.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2326
+13.0%
4 3036
+20.0%
5+ 1718
+5.9%

Summary: The Buckley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1619+18.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buckley, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Buckley in May 2024, up by 18.8% month-over-month. Of the 19 sold homes, 26% were sold under asking, 26% were sold at asking, and 47% were sold over asking.

Days on Market for Buckley, WA

How long does it take to sell a home in Buckley, WA?

Average Sale Time

May 2023May 2024CHANGE
23 Days32 Days+36.7%

Summary: Homes in Buckley had an average of 32 days on market in May 2024, up by 36.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Buckley are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 19 homes were sold in Buckley; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Buckley, WA

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