Recorded investor purchases and holdings over the past year.
Data last updated
In Charlotte (28216), investors own about 41 tracked properties across 4 active buyers, with a median investor purchase price near $230,000. 4 were acquired in the last 12 months.
Acquisition pace is cooling: 4 properties bought in the last 12 months against roughly 16 the year before, down about 75%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
Strategy here skews to value-add / rehab, which accounts for 67.9% of tracked deals. Buyers geared for renovation will look at stock that would not trade in a new-construction market.
Typical construction year on investor-owned property is 1959. With 67.9% built before 1980, expect pre-1978 disclosure obligations and aging mechanicals on most of what trades.
28216 has 4 active cash buyers holding roughly 41 properties. Fewer than 1.0 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 $230,000. Average and median nearly agree here ($191,000), 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.