What cash buyers have been doing here in the last 12 months.
Data last updated
In Phoenix (85004), investors own about 28 tracked properties across 17 active buyers, with a median investor purchase price near $375,000. 13 were acquired in the last 12 months.
The trend is upward: 13 purchases this year against 5 last, about 160% more. Expect contracts to move faster and price expectations to firm up.
There are 17 buyers paying cash in 85004 today, against a standing position of about 28 properties. Each averaged under 0.8 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.
Investors here buy at a median of $375,000. The average of $612,000 sits well above it, so a tail of higher-priced deals is pulling the mean up — most activity happens below the average, and pricing off the median is the safer read.
50.0% of tracked activity in 85004 is value-add / rehab. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.
The median investor-owned home was built around 1964. With 50.0% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.
All figures above reflect recorded transactions in this ZIP code and update as records are processed. Past activity only — nothing here is a forecast or investment advice.