What cash buyers have been doing here in the last 12 months.
Data last updated
In Charlotte (28217), investors own about 88 tracked properties across 4 active buyers, with a median investor purchase price near $7,065,000. 27 were acquired in the last 12 months.
The trend is upward: 27 purchases this year against 21 last, about 29% more. Expect contracts to move faster and price expectations to firm up.
Investor-held stock here dates to a median of 1967. 75.0% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.
28217 has 4 active cash buyers holding roughly 88 properties. That works out to about 6.8 deals per buyer in 12 months. Volume like that comes from professional operators rather than occasional purchasers, and a few names will dominate your pipeline.
Investors here buy at a median of $7,065,000. With an average of $5,350,000, pricing is consistent across deals — few outliers in either direction.
75.0% of tracked activity in 28217 is value-add / rehab. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.
Counts and prices here are drawn from recorded investor purchases in this ZIP code and refresh with new records. They are a record of past activity, not a forecast or investment advice.