Investor purchase activity, drawn from the last 12 months of records.
Data last updated
In Gary (46402), investors own about 101 tracked properties across 26 active buyers, with a median investor purchase price near $16,000. 10 were acquired in the last 12 months.
Buying has slowed in 46402 — 10 purchases over 12 months versus about 57 the year before, off roughly 82%. Less competition per contract, but also fewer buyers to place one with.
26 cash buyers are active in 46402, and between them they hold about 101 properties. Averaging below 0.4 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
Typical deal size in 46402 sits around $16,000. An average of $30,000 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 buy & hold, at 100.0% 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.