Cash-buyer and investment activity over the last 12 months.
Data last updated
In Charlotte (28202), investors own about 121 tracked properties across 6 active buyers, with a median investor purchase price near $479,000. 14 were acquired in the last 12 months.
Buying has slowed in 28202 — 14 purchases over 12 months versus about 24 the year before, off roughly 42%. Less competition per contract, but also fewer buyers to place one with.
The median investor purchase lands near $479,000. The gap between that median and the $2,851,000 average is the story here — a few outsized trades, with the real volume well underneath them.
Strategy here skews to value-add / rehab, which accounts for 47.8% of tracked deals. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.
Typical construction year on investor-owned property is 1982. With 47.8% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.
Investor ownership in 28202 runs to roughly 121 properties, spread across 6 active buyers. Averaging below 2.3 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
These numbers come from recorded purchases in this ZIP code, updated as new records land. They report what has already happened and are not a prediction or investment advice.