About one in three homes bought in Miami, FL, was purchased by an investor in the first quarter of 2024, making it the metros where investors bought the largest share of homes in the United States. The share of homes bought by investors exceeded 20 percent in nine other metros, including Cleveland, OH, Jacksonville, FL, and San Diego, CA.
Share of homes bought by investors in selected metros in the United States in 1st quarter 2024
39 of the 50 most populous metros; 11 metros were excluded because of non-disclosure of sale prices
Supplementary notes
Redfin defines investors as buyers whose name included the keywords: "LLC", "Inc", "Trust", "Corp", "Homes", or whose ownership code on a purchasing deed includes: "association", "corporate trustee", "company", "joint venture", "corporate trust".
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Redfin. (May 15, 2024). Share of homes bought by investors in selected metros in the United States in 1st quarter 2024 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1314282/share-of-homes-bough-by-investors-usa-selected-metros/
Redfin. "Share of homes bought by investors in selected metros in the United States in 1st quarter 2024." Chart. May 15, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1314282/share-of-homes-bough-by-investors-usa-selected-metros/
Redfin. (2024). Share of homes bought by investors in selected metros in the United States in 1st quarter 2024. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1314282/share-of-homes-bough-by-investors-usa-selected-metros/
Redfin. "Share of Homes Bought by Investors in Selected Metros in The United States in 1st Quarter 2024." Statista, Statista Inc., 15 May 2024, https://www.statista.com/statistics/1314282/share-of-homes-bough-by-investors-usa-selected-metros/
Redfin, Share of homes bought by investors in selected metros in the United States in 1st quarter 2024 Statista, https://www.statista.com/statistics/1314282/share-of-homes-bough-by-investors-usa-selected-metros/ (last visited December 19, 2024)
Share of homes bought by investors in selected metros in the United States in 1st quarter 2024 [Graph], Redfin, May 15, 2024. [Online]. Available: https://www.statista.com/statistics/1314282/share-of-homes-bough-by-investors-usa-selected-metros/