Market snapshot

Franklin County, OH Cash Buyer Market

Recorded investor purchases and holdings over the past year.

Data last updated

In Franklin County, investors own about 58,346 tracked properties across 698 active buyers, with a median investor purchase price near $136,000. 9,514 were acquired in the last 12 months.

698
Active Cash Buyers
58,346
Investor-Owned Properties
9,514
Acquisitions (12 mo)
$136,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)9,514
Acquisitions (last 24 mo)30,573
Share acquired in last 12 mo16.3%
Average purchase price$18,447,000
New construction (30 days)1
New construction (60 days)2
New construction (90 days)7
New construction investments24,749
Gated contacts available19,615

Property Characteristics

Top property typeCondominium Unit
Most common bed / bath2 bd / 2 ba
Median bedrooms2
Median baths1
Median building size (sqft)1,036
Average building size (sqft)1,219
Median year built1984
Average year built1980
Built before 198046.7%

Investment Strategy Mix

Buy & Hold50.5%
Value-Add / Rehab46.7%
New Construction2.8%

Hottest ZIP codes for investors

43224 · 58943230 · 40943068 · 374
Market read

Inside the Franklin County numbers

Volume fell to 9,514 investor purchases over the last 12 months from about 21,059, down some 55%. Negotiating leverage has shifted toward whoever is still buying.

Half of investor purchases here close below $136,000. Because the average runs to $18,447,000, this market has two populations: a broad base near the median and a thin band of much larger deals.

50.5% of tracked activity in Franklin County is buy & hold. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.

Typical construction year on investor-owned property is 1984. 46.7% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.

Within Franklin County, 43224, 43230 and 43068 see the heaviest investor activity — start there before working outward through the rest of the county.

There are 698 buyers paying cash in Franklin County today, against a standing position of about 58,346 properties. That works out to about 13.6 deals per buyer in 12 months. Volume like that comes from professional operators rather than occasional purchasers, and a few names will dominate your pipeline.

All figures above reflect recorded transactions in this county and update as records are processed. Past activity only — nothing here is a forecast or investment advice.

Answers

Common questions

How many investors are active in Franklin County?
There are 698 active investors owning 58,346 tracked properties in Franklin County.
What is the median investor purchase price in Franklin County?
The median investor purchase price is about $136,000 in Franklin County.
How active is the Franklin County investor market recently?
9,514 properties were acquired by investors in the last 12 months in Franklin County.
Is there recent new-construction investor activity in Franklin County?
7 new-construction homes were acquired by investors in Franklin County in the last 90 days.

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