Cash-buyer and investment activity over the last 12 months.
Data last updated
In Charlotte (28173), investors own about 308 tracked properties across 6 active buyers, with a median investor purchase price near $273,000. 9 were acquired in the last 12 months.
28173 has 6 active cash buyers holding roughly 308 properties. Over the last 12 months they averaged under 1.5 purchases each, so the buyer pool is broad rather than concentrated: more names to work, with fewer deals riding on any single relationship.
Acquisition pace is cooling. Investors bought 9 properties in the last 12 months against roughly 45 the year before — down about 80%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
The median investor purchase lands near $273,000. The average of $271,000 is close behind it, so purchases cluster in a fairly tight band rather than splitting into distinct price tiers.
The dominant play is buy & hold, at 41.2% of tracked activity. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.
The median investor-owned home was built around 1992. Only about 34.6% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.