What cash buyers have been doing here in the last 12 months.
Data last updated
In Portland (97233), investors own about 91 tracked properties across 31 active buyers, with a median investor purchase price near $184,000. 18 were acquired in the last 12 months.
Half of investor purchases here close below $184,000. Because the average runs to $307,000, this market has two populations: a broad base near the median and a thin band of much larger deals.
The median investor-owned home was built around 2005. 46.4% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.
There are 31 buyers paying cash in 97233 today, against a standing position of about 91 properties. Averaging below 0.6 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
Buying in 97233 is flat year over year — 18 purchases against about 17 previously. A stable market like this rewards consistent outreach over timing.
The dominant play is value-add / rehab, at 46.4% of tracked activity. Buyers geared for renovation will look at stock that would not trade in a new-construction market.
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.