Market snapshot

Who Is Buying in 98338 (Elk Plain)

Recorded investor purchases and holdings over the past year.

Data last updated

In Elk Plain (98338), investors own about 12 tracked properties across 7 active buyers, with a median investor purchase price near $102,000. 2 were acquired in the last 12 months.

7
Active Cash Buyers
12
Investor-Owned Properties
2
Acquisitions (12 mo)
$102,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)2
Acquisitions (last 24 mo)3
Share acquired in last 12 mo16.7%
Average purchase price$143,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments2
Gated contacts available8

Property Characteristics

Top property typeMobile or Manufactured Home
Median bedrooms3
Median baths1
Median building size (sqft)1,440
Average building size (sqft)1,388
Median year built1986
Average year built1986
Built before 198040.0%

Investment Strategy Mix

Buy & Hold60.0%
Value-Add / Rehab40.0%
New Construction0.0%

Hottest ZIP codes for investors

98387 · 898338 · 2
Market read

What investors are doing in 98338

The trend is upward: 2 purchases this year against 1 last, about 100% more. Expect contracts to move faster and price expectations to firm up.

Investor ownership in 98338 runs to roughly 12 properties, spread across 7 active buyers. At under 0.3 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.

Typical deal size in 98338 sits around $102,000. An average of $143,000 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.

60.0% of tracked activity in 98338 is buy & hold. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.

Typical construction year on investor-owned property is 1986. About 40.0% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.

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

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Answers

Questions buyers ask

How many investors are active in Elk Plain?
There are 7 active investors owning 12 tracked properties in Elk Plain.
What is the median investor purchase price in Elk Plain?
The median investor purchase price is about $102,000 in Elk Plain.
How active is the Elk Plain investor market recently?
2 properties were acquired by investors in the last 12 months in Elk Plain.
Is there recent new-construction investor activity in Elk Plain?
0 new-construction homes were acquired by investors in Elk Plain in the last 90 days.

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