Cash-buyer and investment activity over the last 12 months.
Data last updated
In Charlotte (28203), investors own about 612 tracked properties across 10 active buyers, with a median investor purchase price near $578,000. 110 were acquired in the last 12 months.
28203 has 10 active cash buyers holding roughly 612 properties. Over the last 12 months they averaged about 11.0 purchases each, which points to a market worked by repeat, high-volume operators rather than one-off purchasers — expect a smaller set of names to account for most of the deal flow.
Acquisition pace is cooling. Investors bought 110 properties in the last 12 months against roughly 248 the year before — down about 56%. 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 $578,000. The average of $1,845,000 sits well above that median, which means a tail of higher-priced deals is pulling the mean up — most activity is happening below the average, and pricing a deal off the median is the safer read.
The dominant play is new construction, at 53.2% of tracked activity. Buyers here are absorbing newly built inventory, so wholesalers working tired or distressed stock are pitching against the grain of what most of this market's capital is currently doing.
The median investor-owned home was built around 2023. About 45.0% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
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.