What cash buyers have been doing here in the last 12 months.
Data last updated
In Gary (46407), investors own about 443 tracked properties across 55 active buyers, with a median investor purchase price near $15,000. 11 were acquired in the last 12 months.
Volume fell to 11 investor purchases over the last 12 months from about 280, down some 96%. Negotiating leverage has shifted toward whoever is still buying.
55 cash buyers are active in 46407, and between them they hold about 443 properties. Fewer than 0.2 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.
Half of investor purchases here close below $15,000. Because the average runs to $26,000, this market has two populations: a broad base near the median and a thin band of much larger deals.
Most capital here runs buy & hold — 100.0% of tracked activity. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.
Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.