Market snapshot

Who Is Buying in 46408 (Gary)

Recorded investor purchases and holdings over the past year.

Data last updated

In Gary (46408), investors own about 229 tracked properties across 45 active buyers, with a median investor purchase price near $34,000. 11 were acquired in the last 12 months.

45
Active Cash Buyers
229
Investor-Owned Properties
11
Acquisitions (12 mo)
$34,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)11
Acquisitions (last 24 mo)92
Share acquired in last 12 mo4.8%
Average purchase price$48,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments0
Gated contacts available88

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 46408

Buying has slowed in 46408 — 11 purchases over 12 months versus about 81 the year before, off roughly 86%. Less competition per contract, but also fewer buyers to place one with.

100.0% of tracked activity in 46408 is buy & hold. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.

There are 45 buyers paying cash in 46408 today, against a standing position of about 229 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 $34,000. Because the average runs to $48,000, this market has two populations: a broad base near the median and a thin band of much larger deals.

These numbers come from recorded purchases in this ZIP code, updated as new records land. They report what has already happened and are not a prediction or investment advice.

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Answers

What people ask about this market

How many investors are active in Gary?
There are 45 active investors owning 229 tracked properties in Gary.
What is the median investor purchase price in Gary?
The median investor purchase price is about $34,000 in Gary.
How active is the Gary investor market recently?
11 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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