What cash buyers have been doing here in the last 12 months.
Data last updated
In Durham (27707), investors own about 168 tracked properties across 40 active buyers, with a median investor purchase price near $246,000. 80 were acquired in the last 12 months.
Buying has picked up in 27707. The last 12 months brought 80 investor purchases versus about 33 the year prior — an increase of roughly 142%, which means more bidders on the same contracts.
40 cash buyers are active in 27707, and between them they hold about 168 properties. Fewer than 2.0 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 $246,000. Because the average runs to $343,000, this market has two populations: a broad base near the median and a thin band of much larger deals.
Strategy here skews to buy & hold, which accounts for 100.0% of tracked deals. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.
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.