Merrick, NY 11566

Flip Market Report

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 Merrick, NY. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Nassau County, we've been able to rank it against its peer counties within New York. To provide an even fuller picture, we also ranked New York against all other US states.

Region Rank in # of Flips Rank in Flip Profit
New York #11th in US
#5th in US
Nassau County #2nd in NY
#5th in NY

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.

11566 Historical Monthly Listing Prices

Latest Median Sale Price

$ 638,900

0.01% YoY Change
Nassau Historical Monthly Home Sales

Latest Monthly Sales Count

Reduced Listings /Month

8

-0.67% from last quarter

Avg. Days on Market

65

-0.13% from last year

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Nassau County. This is a good sign that flipping a house here will be successful.

Region Population Change YoY Rank
New York 19,542,209 -0.25% #4th in US
Nassau County 1,358,343 0.05% #6th in NY
11566 35,321 #63rd in NY
Home Searches

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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