Market snapshot

Who Is Buying in Edgewood, WA

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

Data last updated

In Edgewood, investors own about 23 tracked properties across 13 active buyers, with a median investor purchase price near $610,000. 10 were acquired in the last 12 months.

13
Active Cash Buyers
23
Investor-Owned Properties
10
Acquisitions (12 mo)
$610,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)10
Acquisitions (last 24 mo)15
Share acquired in last 12 mo43.5%
Average purchase price$1,889,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments6
Gated contacts available13

Property Characteristics

Top property typeResidential Vacant Land
Median bedrooms3
Median baths2
Median building size (sqft)1,750
Average building size (sqft)2,200
Median year built1960
Average year built1966
Built before 198060.0%

Investment Strategy Mix

Value-Add / Rehab60.0%
Buy & Hold40.0%
New Construction0.0%

Hottest ZIP codes for investors

98372 · 798371 · 3
Market read

How Edgewood actually trades

Buying has picked up in Edgewood. The last 12 months brought 10 investor purchases versus about 5 the year prior — an increase of roughly 100%, which means more bidders on the same contracts.

Typical deal size in Edgewood sits around $610,000. An average of $1,889,000 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.

Most capital here runs value-add / rehab — 60.0% of tracked activity. Buyers geared for renovation will look at stock that would not trade in a new-construction market.

Investor-held stock here dates to a median of 1960. 60.0% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.

Activity is not spread evenly. ZIPs 98372 and 98371 are absorbing the most investor purchases in Edgewood, and they are the fastest place to start a buyer list before working outward through the rest of the city.

Investor ownership in Edgewood runs to roughly 23 properties, spread across 13 active buyers. Fewer than 0.8 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.

Figures describe recorded investor purchases in this city and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.

Answers

Questions buyers ask

How many investors are active in Edgewood?
There are 13 active investors owning 23 tracked properties in Edgewood.
What is the median investor purchase price in Edgewood?
The median investor purchase price is about $610,000 in Edgewood.
How active is the Edgewood investor market recently?
10 properties were acquired by investors in the last 12 months in Edgewood.
Is there recent new-construction investor activity in Edgewood?
0 new-construction homes were acquired by investors in Edgewood in the last 90 days.

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