Market snapshot

85021 (Phoenix) Cash Buyer Market

Investor purchase activity, drawn from the last 12 months of records.

Data last updated

In Phoenix (85021), investors own about 210 tracked properties across 97 active buyers, with a median investor purchase price near $700,000. 44 were acquired in the last 12 months.

97
Active Cash Buyers
210
Investor-Owned Properties
44
Acquisitions (12 mo)
$700,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)44
Acquisitions (last 24 mo)125
Share acquired in last 12 mo21.0%
Average purchase price$2,143,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments136
Gated contacts available116

Property Characteristics

Top property typeSingle Family Residential
Median building size (sqft)1,239
Average building size (sqft)1,368
Median year built1967
Average year built1967
Built before 198072.7%

Investment Strategy Mix

Value-Add / Rehab72.7%
Buy & Hold26.8%
New Construction0.5%

Hottest ZIP codes for investors

85085 · 38285037 · 35185041 · 318
Market read

How 85021 actually trades

Buying has slowed in 85021 — 44 purchases over 12 months versus about 81 the year before, off roughly 46%. Less competition per contract, but also fewer buyers to place one with.

Investor-held stock here dates to a median of 1967. With 72.7% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.

97 cash buyers are active in 85021, and between them they hold about 210 properties. At under 0.5 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.

Half of investor purchases here close below $700,000. Because the average runs to $2,143,000, this market has two populations: a broad base near the median and a thin band of much larger deals.

72.7% of tracked activity in 85021 is value-add / rehab. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.

Counts and prices here are drawn from recorded investor purchases in this ZIP code and refresh with new records. They are a record of past activity, not a forecast or investment advice.

Answers

Answers to the usual questions

How many investors are active in Phoenix?
There are 97 active investors owning 210 tracked properties in Phoenix.
What is the median investor purchase price in Phoenix?
The median investor purchase price is about $700,000 in Phoenix.
How active is the Phoenix investor market recently?
44 properties were acquired by investors in the last 12 months in Phoenix.
Is there recent new-construction investor activity in Phoenix?
0 new-construction homes were acquired by investors in Phoenix in the last 90 days.

Cash Buyer Only Platform

Grow your buyers list and close more deals

Sign Up