Recorded investor purchases and holdings over the past year.
Data last updated
In Hobart (46342), investors own about 69 tracked properties across 22 active buyers, with a median investor purchase price near $70,000. 7 were acquired in the last 12 months.
Volume fell to 7 investor purchases over the last 12 months from about 18, down some 61%. Negotiating leverage has shifted toward whoever is still buying.
Half of investor purchases here close below $70,000. Because the average runs to $89,000, this market has two populations: a broad base near the median and a thin band of much larger deals.
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.
22 cash buyers are active in 46342, and between them they hold about 69 properties. Fewer than 0.3 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.
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.