What cash buyers have been doing here in the last 12 months.
Data last updated
In Midland, investors own about 16 tracked properties across 11 active buyers, with a median investor purchase price near $225,000. 8 were acquired in the last 12 months.
The trend is upward: 8 purchases this year against 2 last, about 300% more. Expect contracts to move faster and price expectations to firm up.
Midland has 11 active cash buyers holding roughly 16 properties. Each averaged under 0.7 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.
Typical deal size in Midland sits around $225,000. The average of $236,000 is close behind, so purchases cluster in a fairly tight band rather than splitting into price tiers.
Strategy here skews to value-add / rehab, which accounts for 50.0% of tracked deals. Buyers geared for renovation will look at stock that would not trade in a new-construction market.
The median investor-owned home was built around 1939. With 50.0% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.
Deal flow clusters in 98445 and 98404. Those ZIPs lead Midland on investor purchases, so they repay attention first before working outward through the rest of the city.
These numbers come from recorded purchases in this city, updated as new records land. They report what has already happened and are not a prediction or investment advice.