Cash-buyer and investment activity over the last 12 months.
Data last updated
In Peoria, investors own about 4,689 tracked properties across 327 active buyers, with a median investor purchase price near $8,195,000. 1,193 were acquired in the last 12 months.
Half of investor purchases here close below $8,195,000. Because the average runs to $13,092,000, this market has two populations: a broad base near the median and a thin band of much larger deals.
80.8% of tracked activity in Peoria is buy & hold. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.
Investor-held stock here dates to a median of 1998. Only about 4.6% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
Activity is not spread evenly. ZIPs 85383, 85345 and 18924 are absorbing the most investor purchases in Peoria, and they are the fastest place to start a buyer list before working outward through the rest of the city.
There are 327 buyers paying cash in Peoria today, against a standing position of about 4,689 properties. Each averaged about 3.6 purchases over the last 12 months, which is the signature of a market worked by repeat, high-volume operators — expect a short list of names to account for most of the deal flow.
Acquisition pace is cooling: 1,193 properties bought in the last 12 months against roughly 1,437 the year before, down about 17%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
Figures describe recorded investor purchases in this city and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.