Investor purchase activity, drawn from the last 12 months of records.
Data last updated
In Altoona, investors own about 147 tracked properties across 18 active buyers, with a median investor purchase price near $283,000. 9 were acquired in the last 12 months.
The trend is downward: 9 purchases against 37 the prior year, a decline of about 76%. Deals take longer to place here, and sellers who price for last year's market will sit.
Investors here buy at a median of $283,000. With an average of $276,000, pricing is consistent across deals — few outliers in either direction.
49.7% of tracked activity in Altoona is buy & hold. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
Typical construction year on investor-owned property is 2016. Just 6.8% was built before 1980, which keeps renovation scopes and disclosure burdens down.
Buying concentrates in one place here: 50009 takes the largest share of investor purchases in Altoona.
There are 18 buyers paying cash in Altoona today, against a standing position of about 147 properties. Averaging below 0.5 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
All figures above reflect recorded transactions in this city and update as records are processed. Past activity only — nothing here is a forecast or investment advice.