Market snapshot

28173 (Charlotte): Cash Buyer Activity

Recorded investor purchases and holdings over the past year.

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.

6
Active Cash Buyers
308
Investor-Owned Properties
9
Acquisitions (12 mo)
$273,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)9
Acquisitions (last 24 mo)54
Share acquired in last 12 mo2.9%
Average purchase price$271,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments80
Gated contacts available21

Property Characteristics

Top property typeSingle Family Residential
Most common bed / bath3 bd / 2 ba
Median bedrooms3
Median baths2
Median building size (sqft)1,588
Average building size (sqft)1,584
Median year built1992
Average year built1993
Built before 198034.6%

Investment Strategy Mix

Buy & Hold41.2%
Value-Add / Rehab34.6%
New Construction24.2%

Hottest ZIP codes for investors

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

Reading the 28173 market

Buying has slowed in 28173 — 9 purchases over 12 months versus about 45 the year before, off roughly 80%. Less competition per contract, but also fewer buyers to place one with.

Most capital here runs buy & hold — 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.

Investor-held stock here dates to a median of 1992. Just 34.6% was built before 1980, which keeps renovation scopes and disclosure burdens down.

Across 28173, 6 active buyers account for approximately 308 investor-held properties. Fewer than 1.5 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.

Half of investor purchases here close below $273,000. Average and median nearly agree here ($271,000), which makes comps unusually reliable.

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.

Answers

Common questions

How many investors are active in Charlotte?
There are 6 active investors owning 308 tracked properties in Charlotte.
What is the median investor purchase price in Charlotte?
The median investor purchase price is about $273,000 in Charlotte.
How active is the Charlotte investor market recently?
9 properties were acquired by investors in the last 12 months in Charlotte.
Is there recent new-construction investor activity in Charlotte?
0 new-construction homes were acquired by investors in Charlotte in the last 90 days.

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