What cash buyers have been doing here in the last 12 months.
Data last updated
In Tempe (85284), investors own about 60 tracked properties across 41 active buyers, with a median investor purchase price near $545,000. 23 were acquired in the last 12 months.
Acquisition pace is accelerating: 23 properties bought in the last 12 months against roughly 17 the year before, up about 35%. Competition for contracts is rising, and buyers who were quiet a year ago are active again.
The dominant play is buy & hold, at 93.2% of tracked activity. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
The median investor-owned home was built around 1988. Only about 5.1% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
85284 has 41 active cash buyers holding roughly 60 properties. Fewer than 0.6 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.
Half of investor purchases here close below $545,000. Average and median nearly agree here ($675,000), which makes comps unusually reliable.
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.