Cash-buyer and investment activity over the last 12 months.
Data last updated
In Gary (46409), investors own about 283 tracked properties across 54 active buyers, with a median investor purchase price near $18,000. 36 were acquired in the last 12 months.
Volume fell to 36 investor purchases over the last 12 months from about 126, down some 71%. Negotiating leverage has shifted toward whoever is still buying.
54 cash buyers are active in 46409, and between them they hold about 283 properties. Each averaged under 0.7 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.
Typical deal size in 46409 sits around $18,000. An average of $31,000 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.
Strategy here skews to buy & hold, which accounts for 100.0% of tracked deals. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
All figures above reflect recorded transactions in this ZIP code and update as records are processed. Past activity only — nothing here is a forecast or investment advice.