What cash buyers have been doing here in the last 12 months.
Data last updated
In Surprise (85387), investors own about 4,502 tracked properties across 132 active buyers, with a median investor purchase price near $2,533,000. 1,052 were acquired in the last 12 months.
Half of investor purchases here close below $2,533,000. Because the average runs to $8,728,000, this market has two populations: a broad base near the median and a thin band of much larger deals.
There are 132 buyers paying cash in 85387 today, against a standing position of about 4,502 properties. That works out to about 8.0 deals per buyer in 12 months. Volume like that comes from professional operators rather than occasional purchasers, and a few names will dominate your pipeline.
Acquisition pace is cooling: 1,052 properties bought in the last 12 months against roughly 1,400 the year before, down about 25%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
81.7% of tracked activity in 85387 is new construction. That appetite for new inventory means condition sells itself — and that rehab-heavy deals are a harder placement than the buyer count implies.
Typical construction year on investor-owned property is 2025. Only about 0.1% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
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.