Market snapshot

98374 (South Hill): Cash Buyer Activity

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

Data last updated

In South Hill (98374), investors own about 216 tracked properties across 20 active buyers, with a median investor purchase price near $6,115,000. 186 were acquired in the last 12 months.

20
Active Cash Buyers
216
Investor-Owned Properties
186
Acquisitions (12 mo)
$6,115,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)186
Acquisitions (last 24 mo)187
Share acquired in last 12 mo86.1%
Average purchase price$6,851,000
New construction (30 days)0
New construction (60 days)3
New construction (90 days)3
New construction investments13
Gated contacts available30

Property Characteristics

Top property typeResidential Vacant Land
Median bedrooms4
Median baths2
Median building size (sqft)2,336
Average building size (sqft)2,290
Median year built2026
Average year built2013
Built before 198016.3%

Investment Strategy Mix

New Construction68.8%
Value-Add / Rehab16.3%
Buy & Hold14.9%

Hottest ZIP codes for investors

98374 · 18698375 · 598373 · 0
Market read

What the 98374 numbers mean

Buying has picked up in 98374. The last 12 months brought 186 investor purchases versus about 1 the year prior — an increase of roughly 18500%, which means more bidders on the same contracts.

98374 has 20 active cash buyers holding roughly 216 properties. That works out to about 9.3 deals per buyer in 12 months. Volume like that comes from professional operators rather than occasional purchasers, and a few names will dominate your pipeline.

The median investor purchase lands near $6,115,000. An average of $6,851,000 that close to the median means one price band describes nearly the whole market.

68.8% of tracked activity in 98374 is new construction. Capital aimed at new builds wants clean product. A distressed-property pitch has to work harder here than the headline buyer count suggests.

Typical construction year on investor-owned property is 2026. Just 16.3% was built before 1980, which keeps renovation scopes and disclosure burdens down.

All figures above reflect recorded transactions in this ZIP code and update as records are processed. Past activity only — nothing here is a forecast or investment advice.

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Answers

Questions buyers ask

How many investors are active in South Hill?
There are 20 active investors owning 216 tracked properties in South Hill.
What is the median investor purchase price in South Hill?
The median investor purchase price is about $6,115,000 in South Hill.
How active is the South Hill investor market recently?
186 properties were acquired by investors in the last 12 months in South Hill.
Is there recent new-construction investor activity in South Hill?
3 new-construction homes were acquired by investors in South Hill in the last 90 days.

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