Market snapshot

Who Is Buying in Pierce County, WA

Investor purchase activity, drawn from the last 12 months of records.

Data last updated

In Pierce County, investors own about 2,551 tracked properties across 120 active buyers, with a median investor purchase price near $762,000. 1,067 were acquired in the last 12 months.

120
Active Cash Buyers
2,551
Investor-Owned Properties
1,067
Acquisitions (12 mo)
$762,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)1,067
Acquisitions (last 24 mo)1,618
Share acquired in last 12 mo41.8%
Average purchase price$6,399,000
New construction (30 days)0
New construction (60 days)6
New construction (90 days)11
New construction investments553
Gated contacts available561

Property Characteristics

Top property typeResidential Vacant Land
Median bedrooms3
Median baths2
Median building size (sqft)1,620
Average building size (sqft)1,878
Median year built1982
Average year built1983
Built before 198043.2%

Investment Strategy Mix

Value-Add / Rehab43.2%
Buy & Hold31.1%
New Construction25.7%

Hottest ZIP codes for investors

98391 · 28298374 · 18698445 · 87
Market read

Inside the Pierce County numbers

Buying has picked up in Pierce County. The last 12 months brought 1,067 investor purchases versus about 551 the year prior — an increase of roughly 94%, which means more bidders on the same contracts.

120 cash buyers are active in Pierce County, and between them they hold about 2,551 properties. That works out to about 8.9 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.

Typical deal size in Pierce County sits around $762,000. An average of $6,399,000 against that median means a handful of large purchases are skewing the mean. Use the median when you price, or you will aim high and lose the middle of the market.

Strategy here skews to value-add / rehab, which accounts for 43.2% of tracked deals. That favors sellers bringing renovation projects: the capital here is set up to take on work, not to avoid it.

The median investor-owned home was built around 1982. About 43.2% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.

Within Pierce County, 98391, 98374 and 98445 see the heaviest investor activity — start there before working outward through the rest of the county.

Counts and prices here are drawn from recorded investor purchases in this county and refresh with new records. They are a record of past activity, not a forecast or investment advice.

Answers

Answers to the usual questions

How many investors are active in Pierce County?
There are 120 active investors owning 2,551 tracked properties in Pierce County.
What is the median investor purchase price in Pierce County?
The median investor purchase price is about $762,000 in Pierce County.
How active is the Pierce County investor market recently?
1,067 properties were acquired by investors in the last 12 months in Pierce County.
Is there recent new-construction investor activity in Pierce County?
11 new-construction homes were acquired by investors in Pierce County in the last 90 days.

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