Small Investors Dominate The Single-Family Home Market

In Q2 2025, investors bought 33% of single-family homes, the highest in five years, mainly driven by small investors owning 1-5 properties, who hold 87% of investor-owned homes. Large institutions own just 2%. Investor purchases averaged $455,000, below the national average. Texas, California, and Florida have the most investor-owned homes. Over half of investor sales were to other investors, with large players net selling.