What cash buyers have been doing here in the last 12 months.
Data last updated
In Spanaway (98445), investors own about 10 tracked properties across 7 active buyers, with a median investor purchase price near $375,000. 6 were acquired in the last 12 months.
Investors bought 6 properties here over 12 months, up roughly 500% from about 1 a year earlier. Rising volume usually means capital returning to the market rather than leaving it.
The median investor-owned home was built around 1975. About 87.5% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
7 cash buyers are active in 98445, and between them they hold about 10 properties. Fewer than 0.9 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.
Typical deal size in 98445 sits around $375,000. An average of $2,203,000 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.
The dominant play is value-add / rehab, at 87.5% of tracked activity. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.
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.