What cash buyers have been doing here in the last 12 months.
Data last updated
In Spring City, investors own about 26 tracked properties across 4 active buyers, with a median investor purchase price near $155,000. 2 were acquired in the last 12 months.
Acquisition pace is cooling: 2 properties bought in the last 12 months against roughly 16 the year before, down about 88%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
Across Spring City, 4 active buyers account for approximately 26 investor-held properties. At under 0.5 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.
Half of investor purchases here close below $155,000. Because the average runs to $401,000, 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. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
Activity is not spread evenly. ZIP 19475 absorbs the most investor purchases in Spring City, and it is the fastest place to start a buyer list.
All figures above reflect recorded transactions in this city and update as records are processed. Past activity only — nothing here is a forecast or investment advice.