Market snapshot

Who Is Buying in 28203 (Charlotte)

Investor purchase activity, drawn from the last 12 months of records.

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.

10
Active Cash Buyers
612
Investor-Owned Properties
110
Acquisitions (12 mo)
$578,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)110
Acquisitions (last 24 mo)358
Share acquired in last 12 mo18.0%
Average purchase price$1,845,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments98
Gated contacts available38

Property Characteristics

Top property typeTownhouse
Median bedrooms3
Median baths2
Median building size (sqft)1,476
Average building size (sqft)1,482
Median year built2023
Average year built1995
Built before 198045.0%

Investment Strategy Mix

New Construction53.2%
Value-Add / Rehab45.0%
Buy & Hold1.8%

Hottest ZIP codes for investors

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

What the 28203 numbers mean

Volume fell to 110 investor purchases over the last 12 months from about 248, down some 56%. Negotiating leverage has shifted toward whoever is still buying.

10 cash buyers are active in 28203, and between them they hold about 612 properties. At roughly 11.0 purchases each over the past year, this is a concentrated pool: a handful of operators are doing the bulk of the buying, so relationships matter more than list size.

Half of investor purchases here close below $578,000. Because the average runs to $1,845,000, this market has two populations: a broad base near the median and a thin band of much larger deals.

53.2% of tracked activity in 28203 is new construction. Buyers are absorbing newly built inventory, so wholesalers working tired or distressed stock are pitching against the grain of what this market's capital is actually doing.

The median investor-owned home was built around 2023. With 45.0% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.

All figures above reflect recorded transactions in this ZIP code and update as records are processed. Past activity only — nothing here is a forecast or investment advice.

Answers

Questions buyers ask

How many investors are active in Charlotte?
There are 10 active investors owning 612 tracked properties in Charlotte.
What is the median investor purchase price in Charlotte?
The median investor purchase price is about $578,000 in Charlotte.
How active is the Charlotte investor market recently?
110 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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