Market snapshot

Who Is Buying in 85024 (Phoenix)

Cash-buyer and investment activity over the last 12 months.

Data last updated

In Phoenix (85024), investors own about 435 tracked properties across 64 active buyers, with a median investor purchase price near $7,397,000. 186 were acquired in the last 12 months.

64
Active Cash Buyers
435
Investor-Owned Properties
186
Acquisitions (12 mo)
$7,397,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)186
Acquisitions (last 24 mo)242
Share acquired in last 12 mo42.8%
Average purchase price$10,454,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments0
Gated contacts available115

Property Characteristics

Top property typeSingle Family Residential
Median building size (sqft)1,413
Average building size (sqft)1,539
Median year built1996
Average year built1996
Built before 19800.0%

Investment Strategy Mix

Buy & Hold98.9%
New Construction1.1%
Value-Add / Rehab0.0%

Hottest ZIP codes for investors

85085 · 38285037 · 35185041 · 318
Market read

How 85024 actually trades

Investors bought 186 properties here over 12 months, up roughly 232% from about 56 a year earlier. Rising volume usually means capital returning to the market rather than leaving it.

The dominant play is buy & hold, at 98.9% of tracked activity. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.

The median investor-owned home was built around 1996. Just 0.0% was built before 1980, which keeps renovation scopes and disclosure burdens down.

85024 has 64 active cash buyers holding roughly 435 properties. At under 2.9 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 $7,397,000. Because the average runs to $10,454,000, this market has two populations: a broad base near the median and a thin band of much larger deals.

Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.

Answers

Answers to the usual questions

How many investors are active in Phoenix?
There are 64 active investors owning 435 tracked properties in Phoenix.
What is the median investor purchase price in Phoenix?
The median investor purchase price is about $7,397,000 in Phoenix.
How active is the Phoenix investor market recently?
186 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.

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