The conclusion of 2021 has arrived and with numerics confirmed by our research team, members ended the year with a bang—adding a load of new deals to their tallies! This report provides data about which market areas and deal types are available for profitable investing. Keep reading to find out more!
Similar to the other quarterly 2021 reports, our newest investment property deal type called motivated MLS has been included. Motivated MLS deals are houses for sale on the multiple listing service (MLS) that are best suited for real estate investors. These houses are handpicked for MyHouseDeals due to their profit and negotiation potential.
Discussed are four different deal types on our website: wholesale deals, investor-ready foreclosures, motivated seller deals, and motivated MLS deals. Graphs and charts below display the percentage of each deal type along with which states and cities contain the most investment properties.
Following suit is a list of the cities and zip codes with the greatest number of deals, and then by the average after-repair value (ARV) for each state. Check out the maps to see which areas are hot right now for bargain properties. View the summarized report containing the top five zip codes for wholesale deals for each market area.
Watchlist properties in these zip codes are more likely to have motivated sellers and/or properties needing repair. Both of these conditions can lead to greater discounts and profits for investors like you.
Want to see how you can get the inside edge for 2022 and beyond? Keep reading for these breakdowns of hot investment areas!
The Big Picture:
There are too many markets to list, so here is a breakdown of where these deals can be found by state.
Here is a percentage breakdown of the types of properties added to the site during the fourth quarter of 2021.
Wholesale deals continue to make up the majority of the deals made on MyHouseDeals, a trend we saw in 2021’s first, second, and third quarters.
If you want to view a specific type of property deal, select only the property types you want to see in your search parameters.
The top 5 market areas for investment property deals include:
- Dallas/Fort Worth
- Houston
- Chicago
- Atlanta
- Baltimore
Deal Activity per Market Area:
These maps are a little more interesting! The hot spots pop right out (and so do the not-so-hot areas) for investment properties in each city. These are our top 20 markets (in order from the greatest amount of deals to least)!
Looking for your region of interest? Click on the links below to jump directly to your area.
Los Angeles
Pittsburgh
Washington D.C.
St. Louis
West Palm Beach/Ft. Pierce
Raleigh/Durham
#1 Dallas/Fort Worth
Top 5 Zip Codes for Deals Dallas/Fort Worth, TX
| Motivated MLS | Foreclosures | Wholesales |
| 75208 | 77301 | 76048 |
| 75231 | 77318 | 76104 |
| 76107 | 75149 | |
| 76112 | 75215 | |
| 75216 |
#2 Houston
Top 5 Zip Codes for Deals in Houston, TX
| Foreclosures | Wholesales |
| 77062 | 77016 |
| 77069 | 77033 |
| 77070 | 77035 |
| 77302 | 77015 |
| 77586 | 77028 |
#3 Chicago
Top 5 Zip Codes for Deals in Chicago, IL
| Foreclosures | Wholesales |
| 60085 | 60628 |
| 60087 | |
| 60411 | |
| 60046 | |
| 60051 |
#4 Atlanta
Top 5 Zip Codes in Atlanta, GA
| Wholesales |
| 30310 |
| 30314 |
| 30344 |
| 30311 |
| 30318 |
#5 Baltimore
Top 5 Zip Codes for Deals in Baltimore, MD
| Foreclosures | Wholesales |
| 21044 | 21213 |
| 21045 | 21223 |
| 21217 | |
| 21216 | |
| 21218 |
#6 Miami/Fort Lauderdale
Top 5 Zip Codes for Deals in the Miami/Fort Lauderdale, FL
| Foreclosures | Motivated MLS | Wholesales |
| 33322 | 33019 | 33142 |
| 33056 | 33141 | 33023 |
| 33063 | 33160 | 33147 |
| 33311 | ||
| 33064 |
#7 Tampa
Top 5 Zip Codes for Deals in Tampa, FL
| Wholesales | Foreclosures |
| 33604 | 33542 |
| 33612 | 34287 |
| 33542 | 34291 |
| 33605 | |
| 33619 |
#8 Orlando/Daytona Beach/Melbourne
Top 5 Zip Codes for Deals in Orlando/Daytona Beach/Melbourne, FL
| Foreclosures | Wholesales |
| 32927 | 32927 |
| 32703 | |
| 32771 | |
| 32805 | |
| 32114 |
#9 Los Angeles
Top 5 Zip Codes for Deals in Los Angeles, CA
| Wholesales | Foreclosures |
| 90660 | 90660 |
| 91311 | 91342 |
| 91342 | 93510 |
| 91604 | |
| 92335 |
#10 Pittsburgh
Top 5 Zip Codes for Deals in Pittsburgh, PA
| Foreclosures | Wholesales |
| 15061 | 15101 |
| 15101 | 15146 |
| 15146 | 15147 |
| 15227 | 15227 |
| 15235 |
#11 Washington D.C.
Top 5 Zip Codes for Deals in Washington D.C.
| Wholesales |
| 20019 |
| 20748 |
| 20743 |
| 20002 |
| 20850 |
#12 St. Louis
Top 5 Zip Codes for Deals in St. Louis, MO
| Wholesales | Foreclosures | |
| 62040 | 62002 | |
| 63136 | 62040 | |
| 62002 | 62223 | |
| 62223 | 63136 | |
| 63020 |
#13 West Palm Beach/Ft. Pierce
Top 5 Zip Codes for Deals in West Palm Beach/Ft. Pierce, FL
| Foreclosures | Wholesales |
| 34952 | 33404 |
| 33460 | |
| 34952 | |
| 33407 | |
| 34950 |
#14 Raleigh-Durham
Top 5 Zip Codes for Deals in Raleigh/Durham, NC
| Wholesales |
| 27801 |
| 28303 |
| 27701 |
| 27893 |
| 27803 |
#15 Detroit
Top 5 Zip Codes for Deals in Detroit, MI
| Foreclosures | Wholesales | |
| 48150 | 48186 | |
| 48152 | 48150 | |
| 48186 | 48152 | |
| 48125 | ||
| 48239 |
#16 San Antonio
Top 5 Zip Codes for Deals in San Antonio, TX
| Wholesales |
| 78207 |
| 78237 |
| 78210 |
| 78202 |
| 78211 |
#17 Jacksonville/Brunswick
Top 5 Zip Codes for Deals in Jacksonville/Brunswick, FL
| Wholesales |
| 32208 |
| 32209 |
| 32206 |
| 32254 |
| 32210 |
#18 Bay Area
Top 5 Zip Codes for Deals in Bay Area, CA
| Wholesales | Foreclosures | |
| 95409 | 94619 | |
| 94619 | 95409 | |
| 94591 | ||
| 94605 | ||
| 94611 |
#19 Birmingham
Top 5 Zip Codes for Deals in Birmingham, AL
| Foreclosure |
| 35022 |
| 35215 |
#20 Beaumont/Port Arthur
Top 5 Zip Codes for Beaumont/Port Arthur, TX
| Wholesales |
| 77630 |
| 77662 |
| 77640 |
| 77705 |
| 77642 |
Average ARV per Market Area
Lastly, the average ARV for these 20 top market areas is summarized below:
Are you surprised by the zip codes that appeared on this list? Did anything else stick out to you? Share your thoughts below. And don’t forget to check out our summarized report containing the top five zip codes for investment properties in each market area.
Use these insights to help guide your dealmaking throughout the rest of the year.
Happy, and profitable, investing!
