Market snapshot

Charlotte, NC: Cash Buyer Activity

What cash buyers have been doing here in the last 12 months.

Data last updated

In Charlotte, investors own about 15,629 tracked properties across 578 active buyers, with a median investor purchase price near $1,450,000. 4,436 were acquired in the last 12 months.

578
Active Cash Buyers
15,629
Investor-Owned Properties
4,436
Acquisitions (12 mo)
$1,450,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)4,436
Acquisitions (last 24 mo)9,996
Share acquired in last 12 mo28.4%
Average purchase price$4,410,000
New construction (30 days)20
New construction (60 days)32
New construction (90 days)57
New construction investments1,517
Gated contacts available1,519

Property Characteristics

Top property typeTownhouse
Median bedrooms3
Median baths2
Median building size (sqft)1,664
Average building size (sqft)1,784
Median year built2001
Average year built1997
Built before 198023.0%

Investment Strategy Mix

Buy & Hold53.3%
New Construction23.7%
Value-Add / Rehab23.0%

Hottest ZIP codes for investors

90025-5296 · 17828173-6642 · 16429063-9071 · 161
Market read

What the Charlotte numbers mean

Typical deal size in Charlotte sits around $1,450,000. An average of $4,410,000 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.

The median investor-owned home was built around 2001. At 23.0% pre-1980, this is comparatively new housing — lighter rehab, fewer legacy-systems surprises.

Deal flow clusters in 90025-5296, 28173-6642 and 29063-9071. Those ZIPs lead Charlotte on investor purchases, so they repay attention first before working outward through the rest of the city.

Across Charlotte, 578 active buyers account for approximately 15,629 investor-held properties. Each averaged about 7.7 purchases over the last 12 months, which is the signature of a market worked by repeat, high-volume operators — expect a short list of names to account for most of the deal flow.

Acquisition pace is cooling: 4,436 properties bought in the last 12 months against roughly 5,560 the year before, down about 20%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.

Strategy here skews to buy & hold, which accounts for 53.3% 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 city and update as records are processed. Past activity only — nothing here is a forecast or investment advice.

Answers

Answers to the usual questions

How many investors are active in Charlotte?
There are 578 active investors owning 15,629 tracked properties in Charlotte.
What is the median investor purchase price in Charlotte?
The median investor purchase price is about $1,450,000 in Charlotte.
How active is the Charlotte investor market recently?
4,436 properties were acquired by investors in the last 12 months in Charlotte.
Is there recent new-construction investor activity in Charlotte?
57 new-construction homes were acquired by investors in Charlotte in the last 90 days.

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