What cash buyers have been doing here in the last 12 months.
Data last updated
In Altoona (50009), 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.
Buying has slowed in 50009 — 9 purchases over 12 months versus about 37 the year before, off roughly 76%. Less competition per contract, but also fewer buyers to place one with.
Investor-held stock here dates to a median of 2016. Just 6.8% was built before 1980, which keeps renovation scopes and disclosure burdens down.
Investor ownership in 50009 runs to roughly 147 properties, spread across 18 active buyers. At under 0.5 deals per buyer in 12 months, no small group controls this market; expect to work a longer list for the same volume.
The median investor purchase lands near $283,000. An average of $276,000 that close to the median means one price band describes nearly the whole market.
Strategy here skews to buy & hold, which accounts for 49.7% of tracked deals. Hold strategies mean patient money: slower decisions, but the rent roll carries more weight than the flip math.
Counts and prices here are drawn from recorded investor purchases in this ZIP code and refresh with new records. They are a record of past activity, not a forecast or investment advice.