Investor purchase activity, drawn from the last 12 months of records.
Data last updated
In New Albany, investors own about 350 tracked properties across 22 active buyers, with a median investor purchase price near $357,000. 82 were acquired in the last 12 months.
Typical deal size in New Albany sits around $357,000. An average of $724,000 against that median means a handful of large purchases are skewing the mean. Use the median when you price, or you will aim high and lose the middle of the market.
Buying concentrates in one place here: 43054 takes the largest share of investor purchases in New Albany.
There are 22 buyers paying cash in New Albany today, against a standing position of about 350 properties. That works out to about 3.7 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.
At 82 purchases this year against 78 last, pace is essentially unchanged, which makes this market easier to forecast than most.
Most capital here runs buy & hold — 61.7% of tracked activity. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.
The median investor-owned home was built around 1994. Just 37.4% was built before 1980, which keeps renovation scopes and disclosure burdens down.
Counts and prices here are drawn from recorded investor purchases in this city and refresh with new records. They are a record of past activity, not a forecast or investment advice.