What cash buyers have been doing here in the last 12 months.
Data last updated
In Morrisville (27560), investors own about 268 tracked properties across 10 active buyers, with a median investor purchase price near $354,000. 97 were acquired in the last 12 months.
Acquisition pace is cooling: 97 properties bought in the last 12 months against roughly 150 the year before, down about 35%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
There are 10 buyers paying cash in 27560 today, against a standing position of about 268 properties. With about 9.7 purchases per buyer last year, the money here is concentrated in operators who buy continuously — worth identifying the top few before working the rest.
Investors here buy at a median of $354,000. With an average of $355,000, pricing is consistent across deals — few outliers in either direction.
The dominant play is buy & hold, at 100.0% of tracked activity. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
Counts and prices here are drawn from recorded investor purchases in this ZIP code and refresh with new records. They are a record of past activity, not a forecast or investment advice.