Cash-buyer and investment activity over the last 12 months.
Data last updated
In Spring Grove, investors own about 55 tracked properties across 15 active buyers, with a median investor purchase price near $180,000. 10 were acquired in the last 12 months.
Spring Grove has 15 active cash buyers holding roughly 55 properties. Over the last 12 months they averaged under 0.7 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 10 properties in the last 12 months against roughly 30 the year before — down about 67%. 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 $180,000. The average of $269,000 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 value-add / rehab, at 66.7% of tracked activity. That favors sellers bringing renovation projects: the capital in this market is set up to take on work, not to avoid it.
The median investor-owned home was built around 1954. About 66.7% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
Activity is not spread evenly. ZIP 60081 is absorbing the most investor purchases in Spring Grove, and it is the fastest place to start if you are building a buyer list from scratch.
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.