Market snapshot

46406 (Gary) Investor Market Snapshot

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

Data last updated

In Gary (46406), investors own about 188 tracked properties across 42 active buyers, with a median investor purchase price near $35,000. 7 were acquired in the last 12 months.

42
Active Cash Buyers
188
Investor-Owned Properties
7
Acquisitions (12 mo)
$35,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)7
Acquisitions (last 24 mo)96
Share acquired in last 12 mo3.7%
Average purchase price$63,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments0
Gated contacts available67

Property Characteristics

Top property typeSingle Family Residential

Investment Strategy Mix

Buy & Hold100.0%
New Construction0.0%
Value-Add / Rehab0.0%

Hottest ZIP codes for investors

46409 · 3646404 · 1446407 · 11
Market read

What investors are doing in 46406

The trend is downward: 7 purchases against 89 the prior year, a decline of about 92%. Deals take longer to place here, and sellers who price for last year's market will sit.

Investor ownership in 46406 runs to roughly 188 properties, spread across 42 active buyers. Each averaged under 0.2 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.

Investors here buy at a median of $35,000. The average of $63,000 sits well above it, so a tail of higher-priced deals is pulling the mean up — most activity happens below the average, and pricing off the median is the safer read.

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.

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Answers

Common questions

How many investors are active in Gary?
There are 42 active investors owning 188 tracked properties in Gary.
What is the median investor purchase price in Gary?
The median investor purchase price is about $35,000 in Gary.
How active is the Gary investor market recently?
7 properties were acquired by investors in the last 12 months in Gary.
Is there recent new-construction investor activity in Gary?
0 new-construction homes were acquired by investors in Gary in the last 90 days.

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