House Flipping Report
Neighborhood Data
Champion, PA 15622
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 Champion, PA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Westmoreland County , we've been able to rank it against its peer counties within Pennsylvania. To provide an even fuller picture, we also ranked Pennsylvania against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Pennsylvania
#10th in US
#16th in US
Westmoreland County
#15th in PA
#15th in PA
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
$ 298,000
even YoY Change
Latest Monthly Sales Count
416
List Price /sqft
$181
-0.02% from last quarter
Reduced Listings /Month
8
-0.33% from last quarter
Avg. Days on Market
104
-0.26% from last year
Average Home Sqft
$1,139
even from last year
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 Westmoreland 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
Pennsylvania
12,807,060
0.13%
#5th in US
Westmoreland County
350,611
-0.49%
#11th in PA
15622
1,387
#82nd in PA
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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