House Flipping Report
Neighborhood Data
State College, PA 16801
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 State College, PA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Centre 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
Centre County
#40th in PA
#2nd 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
$ 298,700
0.02% YoY Change
Latest Monthly Sales Count
List Price /sqft
$190
0.06% from last quarter
Reduced Listings /Month
8
-0.67% from last quarter
Average Home Sqft
$1,477
-0.3% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Centre County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Pennsylvania
12,807,060
0.13%
#5th in US
Centre County
162,805
0.34%
#22nd in PA
16801
42,812
#33rd 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.
Array
(
[zip_id] => 32324
[country] => USA
[zip] => 16801
[city] => State College
[state] => Pennsylvania
[state_abbr] => PA
[county] => Centre
[dma] => 574
[latitude] => 40.787
[longitude] => -77.8448
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 16801
[zip_name] => state college, pa
[flag] =>
[median_listing_price] => 322550
[median_listing_price_mm] => -0.0074
[median_listing_price_yy] => -0.0652
[active_listing_count] => 51
[active_listing_count_mm] => -0.1774
[active_listing_count_yy] => 0.1087
[median_days_on_market] => 79.5
[median_days_on_market_mm] => 0.0325
[median_days_on_market_yy] => -0.0862
[new_listing_count] => 12
[new_listing_count_mm] => -0.25
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.6667
[price_reduced_count_yy] => -0.3333
[pending_listing_count] => 36
[pending_listing_count_mm] => -0.1818
[pending_listing_count_yy] => 0.2
[median_listing_price_per_square_feet] => 190
[median_listing_price_per_square_feet_mm] => 0.0638
[median_listing_price_per_square_feet_yy] => 0.2188
[median_square_feet] => 1477
[median_square_feet_mm] => -0.0749
[median_square_feet_yy] => -0.3035
[average_listing_price] => 397201
[average_listing_price_mm] => -0.0252
[average_listing_price_yy] => -0.0482
[total_listing_count] => 87
[total_listing_count_mm] => -0.1792
[total_listing_count_yy] => 0.7059
[pending_ratio_mm] => -0.0038
[pending_ratio_yy] => 0.0537
[RegionID] => 64741
[RegionName] => 16801
[State] => PA
[Metro] => State College
[County] => Centre County
[City] => State College
[SizeRank] => 112
[Zhvi] => 314800
[MoM] => 0.00286716
[QoQ] => 0.00478774
[YoY] => 0.0191
[5Year] => 0.0475096
[10Year] => 0.0277585
[PeakMonth] => 2019-02
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 315900
[PctFallFromPeak] => -0.00348211
[LastTimeAtCurrZHVI] => 2019-02
[flips] => 8971
[purchase_price] => 89629
[resale_price] => 175633
[gross_margin] => 86004
[flipcount_rank] => 10
[flipmargin_rank] => 16
[counties] => 67
[zip_population] => 42812
[zip_rank] => 33
[state_population] => 12807060
[state_rank] => 5
[state_difference] => 0.129886
[list_prices] => "321500,320000,320000,274450,289900,285900,289900,272950,279900,289900,296000,299000,284950,269950,265000,265000,260000,259900,259900,259000,254400,255500,249700,249900,249000,249900,257700,257500,269875,269900,274450,279900,279700,264900,249500,257000,279000,259900,272000,269900,264900,264950,265000,262450,240000,239950,239900,239900,257450,269900,273500,284925,279950,274000,267000,264000,269000,276400,269900,278950,276400,289900,289900,280200,295250,296900,296900,304950,3.00E+05,301900,306900,311900,309350,308800,332400,334900,325000,309700,312500,331950,339900,327922,320000,337450,308800,308800,335000,342400,344950,329500,329000,325000,337000,337000,379700,386200,365000,369900,369900,384700,379250,379000,373000,375000,359000,347000,345000,345000,337250,349900,369000,378500,395000,384900,365000,365000,356950,324700,324500,298700"
[list_prices_exploded] => Array
(
[0] => 321500
[1] => 320000
[2] => 320000
[3] => 274450
[4] => 289900
[5] => 285900
[6] => 289900
[7] => 272950
[8] => 279900
[9] => 289900
[10] => 296000
[11] => 299000
[12] => 284950
[13] => 269950
[14] => 265000
[15] => 265000
[16] => 260000
[17] => 259900
[18] => 259900
[19] => 259000
[20] => 254400
[21] => 255500
[22] => 249700
[23] => 249900
[24] => 249000
[25] => 249900
[26] => 257700
[27] => 257500
[28] => 269875
[29] => 269900
[30] => 274450
[31] => 279900
[32] => 279700
[33] => 264900
[34] => 249500
[35] => 257000
[36] => 279000
[37] => 259900
[38] => 272000
[39] => 269900
[40] => 264900
[41] => 264950
[42] => 265000
[43] => 262450
[44] => 240000
[45] => 239950
[46] => 239900
[47] => 239900
[48] => 257450
[49] => 269900
[50] => 273500
[51] => 284925
[52] => 279950
[53] => 274000
[54] => 267000
[55] => 264000
[56] => 269000
[57] => 276400
[58] => 269900
[59] => 278950
[60] => 276400
[61] => 289900
[62] => 289900
[63] => 280200
[64] => 295250
[65] => 296900
[66] => 296900
[67] => 304950
[68] => 3.00E+05
[69] => 301900
[70] => 306900
[71] => 311900
[72] => 309350
[73] => 308800
[74] => 332400
[75] => 334900
[76] => 325000
[77] => 309700
[78] => 312500
[79] => 331950
[80] => 339900
[81] => 327922
[82] => 320000
[83] => 337450
[84] => 308800
[85] => 308800
[86] => 335000
[87] => 342400
[88] => 344950
[89] => 329500
[90] => 329000
[91] => 325000
[92] => 337000
[93] => 337000
[94] => 379700
[95] => 386200
[96] => 365000
[97] => 369900
[98] => 369900
[99] => 384700
[100] => 379250
[101] => 379000
[102] => 373000
[103] => 375000
[104] => 359000
[105] => 347000
[106] => 345000
[107] => 345000
[108] => 337250
[109] => 349900
[110] => 369000
[111] => 378500
[112] => 395000
[113] => 384900
[114] => 365000
[115] => 365000
[116] => 356950
[117] => 324700
[118] => 324500
[119] => 298700
)
)
Array
(
[county_name] => Centre
[state] => Pennsylvania
[state_fips] => 42
[county_fips] => 42027
[dma] => 574
[metro_name] => State College, PA
[cbsa_name] => State College, PA
[county_region_id_zillow] => 930
[metro_region_id_zillow] => 395125
[fips] => 42027
[cbsa_code] => 44300
[population_prior] => 162250
[population] => 162805
[rank] => 22
[difference] => 0.342064715
[region_id] => 930
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,136,130,135,139,145,143,139,137,138,133,134,132,137,132,130,118,116,122,120,127,138,147,148,135,143,142,130,127,133,148,141,137,165,173,169,136,132,130,123,140,150,167,"
[county] => Centre
[flips] => 11
[purchase_price] => 90550
[resale_price] => 228150
[gross_margin] => 137600
[flipcount_rank] => 40
[flipmargin_rank] => 2
[sale_counts_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] =>
[93] =>
[94] =>
[95] =>
[96] =>
[97] =>
[98] =>
[99] => 136
[100] => 130
[101] => 135
[102] => 139
[103] => 145
[104] => 143
[105] => 139
[106] => 137
[107] => 138
[108] => 133
[109] => 134
[110] => 132
[111] => 137
[112] => 132
[113] => 130
[114] => 118
[115] => 116
[116] => 122
[117] => 120
[118] => 127
[119] => 138
[120] => 147
[121] => 148
[122] => 135
[123] => 143
[124] => 142
[125] => 130
[126] => 127
[127] => 133
[128] => 148
[129] => 141
[130] => 137
[131] => 165
[132] => 173
[133] => 169
[134] => 136
[135] => 132
[136] => 130
[137] => 123
[138] => 140
[139] => 150
[140] => 167
[141] =>
)
)