Cash-buyer and investment activity over the last 12 months.
Data last updated
In Lakewood (98498), investors own about 50 tracked properties across 20 active buyers, with a median investor purchase price near $355,000. 21 were acquired in the last 12 months.
The trend is upward: 21 purchases this year against 10 last, about 110% more. Expect contracts to move faster and price expectations to firm up.
Typical deal size in 98498 sits around $355,000. An average of $827,000 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.
47.5% of tracked activity in 98498 is value-add / rehab. That favors sellers bringing renovation projects: the capital here is set up to take on work, not to avoid it.
Typical construction year on investor-owned property is 1980. 47.5% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.
There are 20 buyers paying cash in 98498 today, against a standing position of about 50 properties. At under 1.1 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.
These numbers come from recorded purchases in this ZIP code, updated as new records land. They report what has already happened and are not a prediction or investment advice.