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What This Project Is About This report looks at Buckeye’s housing situation to help plan for future growth. It incorporates demographic and housing market data to determine housing challenges and opportunities. It focuses on the City limits only, not the nearby County areas. Quick Summary Buckeye is growing quickly. This growth brings new opportunities but also housing challenges. The city wants to support housing options for everyone and use this information to make smart decisions. Key Points About Buckeye Fast Growth and Changing Population The City’s population has more than doubled since 2010. Household incomes have gone up. There is a large number of older adults with disabilities, meaning that homes designed with accessibility features will be important. What Housing Looks Like Today Most houses were built after 2000 and are in good condition. Most homes are larger, with 3 or more bedrooms (over 80%). Smaller homes (1-2 bedrooms) are hard to find. Buckeye Housing Needs Assessment (HNA) and Action Plan Factsheet Homeownership and Prices A lot of people own their homes (85%), which is higher than in nearby cities. House prices have grown quickly, with the median price over $400,000. Monthly housing costs for homeowners are rising and may be tough for some families to afford. For more information about the HNA and Action Plan, please contact the Buckeye Development Services Department at https://www.buckeyeaz.gov/business/development-services/contact-us What This Means For Buckeye There’s a need for more variety in home sizes and types, including smaller homes and diverse housing types, like townhomes, backyard cottages, and duplexes. Affordable rental housing needs to be built to help people with lower incomes. Homes that are easy to live in for older adults and people with disabilities should be part of future plans. Balancing both home buying and renting options will help keep Buckeye a place for everyone. What’s Next This information will help the City plan better housing policies. The City will continue talking with residents and community members to make sure plans fit people’s wants and needs. Ongoing monitoring will keep track of how housing prices, supply, and needs change over time. Rental Housing Situation Rent prices are increasing, especially for mid-range rental homes. There aren’t enough very affordable rental homes for those with the lowest income. Even though there seem to be enough rental homes overall for mid-to-higher income levels, the sizes and types may not match what people need or want.