What cash buyers have been doing here in the last 12 months.
Data last updated
In Prairie Ridge, investors own about 52 tracked properties across 13 active buyers, with a median investor purchase price near $125,000. 12 were acquired in the last 12 months.
Buying has picked up in Prairie Ridge. The last 12 months brought 12 investor purchases versus about 6 the year prior — an increase of roughly 100%, which means more bidders on the same contracts.
The median investor purchase lands near $125,000. The gap between that median and the $176,000 average is the story here — a few outsized trades, with the real volume well underneath them.
Strategy here skews to value-add / rehab, which accounts for 65.0% of tracked deals. 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 1978. With 65.0% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.
Deal flow clusters in 98391 and 98321. Those ZIPs lead Prairie Ridge on investor purchases, so they repay attention first before working outward through the rest of the city.
Prairie Ridge has 13 active cash buyers holding roughly 52 properties. At under 0.9 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 city, updated as new records land. They report what has already happened and are not a prediction or investment advice.