What cash buyers have been doing here in the last 12 months.
Data last updated
In Phoenix (85017), investors own about 208 tracked properties across 102 active buyers, with a median investor purchase price near $244,000. 64 were acquired in the last 12 months.
The median investor purchase lands near $244,000. The gap between that median and the $4,636,000 average is the story here — a few outsized trades, with the real volume well underneath them.
85017 has 102 active cash buyers holding roughly 208 properties. Averaging below 0.6 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
Acquisition pace is accelerating: 64 properties bought in the last 12 months against roughly 58 the year before, up about 10%. Competition for contracts is rising, and buyers who were quiet a year ago are active again.
The dominant play is value-add / rehab, at 89.8% of tracked activity. That favors sellers bringing renovation projects: the capital here is set up to take on work, not to avoid it.
The median investor-owned home was built around 1954. About 89.8% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
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.