What cash buyers have been doing here in the last 12 months.
Data last updated
In Charlotte (28262), investors own about 123 tracked properties across 5 active buyers, with a median investor purchase price near $98,000. 17 were acquired in the last 12 months.
Buying has slowed in 28262 — 17 purchases over 12 months versus about 27 the year before, off roughly 37%. Less competition per contract, but also fewer buyers to place one with.
Investor-held stock here dates to a median of 2001. Only about 14.6% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
5 cash buyers are active in 28262, and between them they hold about 123 properties. With about 3.4 purchases per buyer last year, the money here is concentrated in operators who buy continuously — worth identifying the top few before working the rest.
Investors here buy at a median of $98,000. The average of $219,000 sits well above it, so a tail of higher-priced deals is pulling the mean up — most activity happens below the average, and pricing off the median is the safer read.
The dominant play is buy & hold, at 85.4% of tracked activity. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.
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.