Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Montpelier, VT. If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Washington County, we've been able to rank it against its peer counties within Vermont. To provide an even fuller picture, we also ranked Vermont against all other US states.
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
05601 Historical Monthly Listing Prices
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Washington Historical Monthly Home Sales
Latest Monthly Sales Count
In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Washington County. This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.