Cash-buyer and investment activity over the last 12 months.
Data last updated
In Bennett, investors own about 50 tracked properties across 12 active buyers, with a median investor purchase price near $420,000. 5 were acquired in the last 12 months.
Bennett has 12 active cash buyers holding roughly 50 properties. Over the last 12 months they averaged under 0.4 purchases each, so the buyer pool is broad rather than concentrated: more names to work, with fewer deals riding on any single relationship.
Acquisition pace is cooling. Investors bought 5 properties in the last 12 months against roughly 33 the year before — down about 85%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
The median investor purchase lands near $420,000. The average of $649,000 sits well above that median, which means a tail of higher-priced deals is pulling the mean up — most activity is happening below the average, and pricing a deal off the median is the safer read.
The dominant play is new construction, at 66.7% of tracked activity. Buyers here are absorbing newly built inventory, so wholesalers working tired or distressed stock are pitching against the grain of what most of this market's capital is currently doing.
The median investor-owned home was built around 2024. Only about 4.2% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
Figures describe recorded investor purchases in this city and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.