Market snapshot

98387 (Elk Plain): Cash Buyer Activity

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

Data last updated

In Elk Plain (98387), investors own about 19 tracked properties across 9 active buyers, with a median investor purchase price near $205,000. 8 were acquired in the last 12 months.

9
Active Cash Buyers
19
Investor-Owned Properties
8
Acquisitions (12 mo)
$205,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)8
Acquisitions (last 24 mo)14
Share acquired in last 12 mo42.1%
Average purchase price$227,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments4
Gated contacts available12

Property Characteristics

Top property typeSingle Family Residential
Median bedrooms3
Median baths1
Median building size (sqft)1,219
Average building size (sqft)1,407
Median year built1985
Average year built1980
Built before 198030.8%

Investment Strategy Mix

Buy & Hold69.2%
Value-Add / Rehab30.8%
New Construction0.0%

Hottest ZIP codes for investors

98387 · 898338 · 2
Market read

How 98387 actually trades

Investors bought 8 properties here over 12 months, up roughly 33% from about 6 a year earlier. Rising volume usually means capital returning to the market rather than leaving it.

Strategy here skews to buy & hold, which accounts for 69.2% of tracked deals. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.

Investor-held stock here dates to a median of 1985. Just 30.8% was built before 1980, which keeps renovation scopes and disclosure burdens down.

98387 has 9 active cash buyers holding roughly 19 properties. Fewer than 0.9 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.

Half of investor purchases here close below $205,000. Average and median nearly agree here ($227,000), which makes comps unusually reliable.

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

Browse

Cash buyers by ZIP in Elk Plain

Nearby

Popular searches around 98387

Answers

Questions buyers ask

How many investors are active in Elk Plain?
There are 9 active investors owning 19 tracked properties in Elk Plain.
What is the median investor purchase price in Elk Plain?
The median investor purchase price is about $205,000 in Elk Plain.
How active is the Elk Plain investor market recently?
8 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.

Cash Buyer Only Platform

Grow your buyers list and close more deals

Sign Up