House Flipping Report
Neighborhood Data
Ledyard, CT 06339
Print
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 Ledyard, CT . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in New London County , we've been able to rank it against its peer counties within Connecticut. To provide an even fuller picture, we also ranked Connecticut against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Connecticut
#34th in US
#13th in US
New London County
#4th in CT
#3rd in CT
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.
Latest Median Sale Price
$ 249,950
-0.01% YoY Change
Latest Monthly Sales Count
204
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 New London County . This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.
Region
Population
Change YoY
Rank
Connecticut
3,572,665
-0.03%
#29th in US
New London County
266,784
-0.39%
#4th in CT
06339
8,302
#42nd in CT
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.
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