Cash-buyer and investment activity over the last 12 months.
Data last updated
In South Hill (98373), investors own about 25 tracked properties across 6 active buyers, with a median investor purchase price near $4,900,000. 0 were acquired in the last 12 months.
Acquisition pace is cooling: 0 properties bought in the last 12 months against roughly 20 the year before, down about 100%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
Typical construction year on investor-owned property is 2007. Just 4.0% was built before 1980, which keeps renovation scopes and disclosure burdens down.
98373 has 6 active cash buyers holding roughly 25 properties.
Half of investor purchases here close below $4,900,000. Average and median nearly agree here ($3,779,000), which makes comps unusually reliable.
The dominant play is buy & hold, at 96.0% of tracked activity. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
Counts and prices here are drawn from recorded investor purchases in this ZIP code and refresh with new records. They are a record of past activity, not a forecast or investment advice.