Tupper Lake, NY 12986

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

By looking at recent sales data in Franklin 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
Franklin County #48th in NY
#57th 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.

12986 Historical Monthly Listing Prices

No Data Available

Franklin Historical Monthly Home Sales

Latest Monthly Sales Count

List Price /sqft

$146

even from last quarter

Avg. Days on Market

165

-0.35% from last year

Average Home Sqft

$1,494

-0.21% from last year

Population Rank

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 Franklin 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
New York 19,542,209 -0.25% #4th in US
Franklin County 50,293 -0.3% #46th in NY
12986 6,120 #70th 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.

Array
(
    [zip_id] => 27297
    [country] => USA
    [zip] => 12986
    [city] => Tupper Lake
    [state] => New York
    [state_abbr] => NY
    [county] => Franklin
    [dma] => 523
    [latitude] => 44.2418
    [longitude] => -74.3753
    [timezone] => -5
    [timezone_dst] => 1
    [dttm] => 2019-09-30
    [postal_code] => 12986
    [zip_name] => tupper lake, ny
    [flag] => 
    [median_listing_price] => 255550
    [median_listing_price_mm] => 0
    [median_listing_price_yy] => 0.3518
    [active_listing_count] => 40
    [active_listing_count_mm] => -0.0244
    [active_listing_count_yy] => -0.0244
    [median_days_on_market] => 164.5
    [median_days_on_market_mm] => 0.0478
    [median_days_on_market_yy] => -0.3498
    [new_listing_count] => 4
    [new_listing_count_mm] => 0
    [new_listing_count_yy] => 0
    [price_increased_count] => 0
    [price_increased_count_mm] => 
    [price_increased_count_yy] => 
    [price_reduced_count] => 0
    [price_reduced_count_mm] => 
    [price_reduced_count_yy] => 
    [pending_listing_count] => 5
    [pending_listing_count_mm] => 0
    [pending_listing_count_yy] => -0.5
    [median_listing_price_per_square_feet] => 146
    [median_listing_price_per_square_feet_mm] => 0
    [median_listing_price_per_square_feet_yy] => 0.4068
    [median_square_feet] => 1494
    [median_square_feet_mm] => 0
    [median_square_feet_yy] => -0.2099
    [average_listing_price] => 545033
    [average_listing_price_mm] => 0.0041
    [average_listing_price_yy] => 0.0244
    [total_listing_count] => 45
    [total_listing_count_mm] => -0.0217
    [total_listing_count_yy] => 0.125
    [pending_ratio_mm] => 0.003
    [pending_ratio_yy] => -0.1189
    [RegionID] => 62888
    [RegionName] => 12986
    [State] => NY
    [Metro] => Malone
    [County] => Franklin County
    [City] => Town of Tupper Lake
    [SizeRank] => 997
    [Zhvi] => 107400
    [MoM] => 0.00280112
    [QoQ] => 0.000931966
    [YoY] => -0.00647549
    [5Year] => 0.0321124
    [10Year] => 0.0128783
    [PeakMonth] => 2019-03
    [PeakQuarter] => 2019-Q1
    [PeakZHVI] => 110000
    [PctFallFromPeak] => -0.0236364
    [LastTimeAtCurrZHVI] => 2018-03
    [flips] => 8295
    [purchase_price] => 224082
    [resale_price] => 354427
    [gross_margin] => 130345
    [flipcount_rank] => 11
    [flipmargin_rank] => 5
    [counties] => 62
    [zip_population] => 6120
    [zip_rank] => 670
    [state_population] => 19542209
    [state_rank] => 4
    [state_difference] => -0.24761
    [list_prices] => 
    [list_prices_exploded] => Array
        (
            [0] => 
        )

)
Array
(
    [county_name] => Franklin
    [state] => New York
    [state_fips] => 36
    [county_fips] => 36033
    [dma] => 523
    [metro_name] => Town of Malone, NY
    [cbsa_name] => Malone, NY
    [county_region_id_zillow] => 2287
    [metro_region_id_zillow] => 394819
    [fips] => 36033
    [cbsa_code] => 31660
    [population_prior] => 50444
    [population] => 50293
    [rank] => 46
    [difference] => -0.299341844
    [region_id] => 2287
    [sale_counts] => "32,38,35,36,33,34,32,30,31,26,22,18,18,21,23,26,26,25,25,28,33,40,34,35,31,38,36,39,35,33,26,24,22,25,30,37,35,35,28,30,26,26,24,23,23,24,27,29,29,33,35,37,33,29,24,25,26,33,32,33,26,28,26,31,29,29,29,29,32,31,32,29,31,29,32,30,34,34,38,39,37,35,32,35,30,32,33,38,39,40,42,41,38,36,36,44,46,47,41,48,45,45,36,39,51,53,52,41,39,38,36,37,37,38,37,37,37,35,35,34,37,36,37,39,39,37,32,32,33,39,37,35,28,30,35,45,45,42,33,33,32,"
    [county] => Franklin
    [flips] => 10
    [purchase_price] => 35450
    [resale_price] => 31000
    [gross_margin] => -4450
    [flipcount_rank] => 48
    [flipmargin_rank] => 57
    [sale_counts_exploded] => Array
        (
            [0] => 32
            [1] => 38
            [2] => 35
            [3] => 36
            [4] => 33
            [5] => 34
            [6] => 32
            [7] => 30
            [8] => 31
            [9] => 26
            [10] => 22
            [11] => 18
            [12] => 18
            [13] => 21
            [14] => 23
            [15] => 26
            [16] => 26
            [17] => 25
            [18] => 25
            [19] => 28
            [20] => 33
            [21] => 40
            [22] => 34
            [23] => 35
            [24] => 31
            [25] => 38
            [26] => 36
            [27] => 39
            [28] => 35
            [29] => 33
            [30] => 26
            [31] => 24
            [32] => 22
            [33] => 25
            [34] => 30
            [35] => 37
            [36] => 35
            [37] => 35
            [38] => 28
            [39] => 30
            [40] => 26
            [41] => 26
            [42] => 24
            [43] => 23
            [44] => 23
            [45] => 24
            [46] => 27
            [47] => 29
            [48] => 29
            [49] => 33
            [50] => 35
            [51] => 37
            [52] => 33
            [53] => 29
            [54] => 24
            [55] => 25
            [56] => 26
            [57] => 33
            [58] => 32
            [59] => 33
            [60] => 26
            [61] => 28
            [62] => 26
            [63] => 31
            [64] => 29
            [65] => 29
            [66] => 29
            [67] => 29
            [68] => 32
            [69] => 31
            [70] => 32
            [71] => 29
            [72] => 31
            [73] => 29
            [74] => 32
            [75] => 30
            [76] => 34
            [77] => 34
            [78] => 38
            [79] => 39
            [80] => 37
            [81] => 35
            [82] => 32
            [83] => 35
            [84] => 30
            [85] => 32
            [86] => 33
            [87] => 38
            [88] => 39
            [89] => 40
            [90] => 42
            [91] => 41
            [92] => 38
            [93] => 36
            [94] => 36
            [95] => 44
            [96] => 46
            [97] => 47
            [98] => 41
            [99] => 48
            [100] => 45
            [101] => 45
            [102] => 36
            [103] => 39
            [104] => 51
            [105] => 53
            [106] => 52
            [107] => 41
            [108] => 39
            [109] => 38
            [110] => 36
            [111] => 37
            [112] => 37
            [113] => 38
            [114] => 37
            [115] => 37
            [116] => 37
            [117] => 35
            [118] => 35
            [119] => 34
            [120] => 37
            [121] => 36
            [122] => 37
            [123] => 39
            [124] => 39
            [125] => 37
            [126] => 32
            [127] => 32
            [128] => 33
            [129] => 39
            [130] => 37
            [131] => 35
            [132] => 28
            [133] => 30
            [134] => 35
            [135] => 45
            [136] => 45
            [137] => 42
            [138] => 33
            [139] => 33
            [140] => 32
            [141] => 
        )

)

Flip Market uses data engineering + AI to help businesses and individuals successfully flip homes.

© 2024 Flip Market  •  Our Methodology  •  Contact  •  Privacy Policy