Cash-buyer and investment activity over the last 12 months.
Data last updated
In Norwich Twp, investors own about 127 tracked properties across 7 active buyers, with a median investor purchase price near $135,000. 4 were acquired in the last 12 months.
Norwich Twp has 7 active cash buyers holding roughly 127 properties. Over the last 12 months they averaged under 0.6 purchases each, so the buyer pool is broad rather than concentrated: more names to work, with fewer deals riding on any single relationship.
Acquisition pace is accelerating. Investors bought 4 properties in the last 12 months against roughly 2 the year before — up about 100%. Competition for contracts is rising, and buyers who were quiet a year ago are active again.
The median investor purchase lands near $135,000. The average of $195,000 sits well above that median, which means a tail of higher-priced deals is pulling the mean up — most activity is happening below the average, and pricing a deal off the median is the safer read.
The dominant play is value-add / rehab, at 95.2% of tracked activity. That favors sellers bringing renovation projects: the capital in this market is set up to take on work, not to avoid it.
The median investor-owned home was built around 1963. About 95.2% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
Activity is not spread evenly. ZIP 43026, 43221 and 43228 are absorbing the most investor purchases in Norwich Twp, and they are the fastest place to start if you are building a buyer list from scratch before working outward through the rest of the city.
Figures describe recorded investor purchases in this city and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.