House Flipping Report
Neighborhood Data
Springfield, PA 19064
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 Springfield, PA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Delaware 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
Delaware County
#7th in PA
#10th 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
$ 319,000
0.04% YoY Change
Latest Monthly Sales Count
List Price /sqft
$187
0.03% from last quarter
Reduced Listings /Month
4
-0.83% from last quarter
Average Home Sqft
$1,782
-0.11% 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 Delaware 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
Delaware County
564,751
0.22%
#5th in PA
19064
24,459
#42nd 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] => 32637
[country] => USA
[zip] => 19064
[city] => Springfield
[state] => Pennsylvania
[state_abbr] => PA
[county] => Delaware
[dma] => 504
[latitude] => 39.9329
[longitude] => -75.3437
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 19064
[zip_name] => springfield, pa
[flag] =>
[median_listing_price] => 339050
[median_listing_price_mm] => 0.0273
[median_listing_price_yy] => -0.0026
[active_listing_count] => 29
[active_listing_count_mm] => -0.4082
[active_listing_count_yy] => -0.1714
[median_days_on_market] => 61.5
[median_days_on_market_mm] => 0.337
[median_days_on_market_yy] => 0.1389
[new_listing_count] => 4
[new_listing_count_mm] => -0.8
[new_listing_count_yy] => -0.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.8333
[price_reduced_count_yy] => 0
[pending_listing_count] => 13
[pending_listing_count_mm] => 0.3
[pending_listing_count_yy] => 2.25
[median_listing_price_per_square_feet] => 187
[median_listing_price_per_square_feet_mm] => 0.0334
[median_listing_price_per_square_feet_yy] => 0.1755
[median_square_feet] => 1782
[median_square_feet_mm] => -0.0067
[median_square_feet_yy] => -0.1081
[average_listing_price] => 340089
[average_listing_price_mm] => -0.0052
[average_listing_price_yy] => -0.1291
[total_listing_count] => 42
[total_listing_count_mm] => -0.2881
[total_listing_count_yy] => 0.4483
[pending_ratio_mm] => 0.2442
[pending_ratio_yy] => 0.334
[RegionID] => 65739
[RegionName] => 19064
[State] => PA
[Metro] => Philadelphia-Camden-Wilmington
[County] => Delaware County
[City] => Springfield
[SizeRank] => 517
[Zhvi] => 321900
[MoM] => -0.00155087
[QoQ] => -0.000620925
[YoY] => 0.0444517
[5Year] => 0.041483
[10Year] => 0.0159825
[PeakMonth] => 2019-07
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 322700
[PctFallFromPeak] => -0.00247908
[LastTimeAtCurrZHVI] => 2019-06
[flips] => 8971
[purchase_price] => 89629
[resale_price] => 175633
[gross_margin] => 86004
[flipcount_rank] => 10
[flipmargin_rank] => 16
[counties] => 67
[zip_population] => 24459
[zip_rank] => 142
[state_population] => 12807060
[state_rank] => 5
[state_difference] => 0.129886
[list_prices] => "293888.5,305900,299900,289900,299900,299000,299900,290637.5,295000,299000,299000,299000,299000,295000,289900,279000,274950,269000,269900,268000,265000,269900,273500,269200,265450,264900,269000,268250,265000,268250,269000,265000,264950,264950,263200,264900,259950,261250,263900,259900,258000,265000,267450,274950,275000,276500,269950,269450,275000,275000,275000,274950,283450,279900,278500,279900,279000,279900,279900,278000,285000,281950,279000,279900,280950,287000,288825,279950,279900,279450,273000,278450,279900,284900,289000,299499,299900,299900,309900,309000,299900,299900,306500,307000,299900,295000,299900,309000,314900,312400,317000,318500,319000,314123,315400,3.00E+05,299900,299000,295000,299999.5,307500,319800,319000,319950,319000,315000,317000,320000,319900,312449.5,319450,325000,335000,329900,339000,334900,324000,320000,319900,319000"
[list_prices_exploded] => Array
(
[0] => 293888.5
[1] => 305900
[2] => 299900
[3] => 289900
[4] => 299900
[5] => 299000
[6] => 299900
[7] => 290637.5
[8] => 295000
[9] => 299000
[10] => 299000
[11] => 299000
[12] => 299000
[13] => 295000
[14] => 289900
[15] => 279000
[16] => 274950
[17] => 269000
[18] => 269900
[19] => 268000
[20] => 265000
[21] => 269900
[22] => 273500
[23] => 269200
[24] => 265450
[25] => 264900
[26] => 269000
[27] => 268250
[28] => 265000
[29] => 268250
[30] => 269000
[31] => 265000
[32] => 264950
[33] => 264950
[34] => 263200
[35] => 264900
[36] => 259950
[37] => 261250
[38] => 263900
[39] => 259900
[40] => 258000
[41] => 265000
[42] => 267450
[43] => 274950
[44] => 275000
[45] => 276500
[46] => 269950
[47] => 269450
[48] => 275000
[49] => 275000
[50] => 275000
[51] => 274950
[52] => 283450
[53] => 279900
[54] => 278500
[55] => 279900
[56] => 279000
[57] => 279900
[58] => 279900
[59] => 278000
[60] => 285000
[61] => 281950
[62] => 279000
[63] => 279900
[64] => 280950
[65] => 287000
[66] => 288825
[67] => 279950
[68] => 279900
[69] => 279450
[70] => 273000
[71] => 278450
[72] => 279900
[73] => 284900
[74] => 289000
[75] => 299499
[76] => 299900
[77] => 299900
[78] => 309900
[79] => 309000
[80] => 299900
[81] => 299900
[82] => 306500
[83] => 307000
[84] => 299900
[85] => 295000
[86] => 299900
[87] => 309000
[88] => 314900
[89] => 312400
[90] => 317000
[91] => 318500
[92] => 319000
[93] => 314123
[94] => 315400
[95] => 3.00E+05
[96] => 299900
[97] => 299000
[98] => 295000
[99] => 299999.5
[100] => 307500
[101] => 319800
[102] => 319000
[103] => 319950
[104] => 319000
[105] => 315000
[106] => 317000
[107] => 320000
[108] => 319900
[109] => 312449.5
[110] => 319450
[111] => 325000
[112] => 335000
[113] => 329900
[114] => 339000
[115] => 334900
[116] => 324000
[117] => 320000
[118] => 319900
[119] => 319000
)
)
Array
(
[county_name] => Delaware
[state] => Pennsylvania
[state_fips] => 42
[county_fips] => 42045
[dma] => 504
[metro_name] => Philadelphia, PA
[cbsa_name] => Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
[county_region_id_zillow] => 2251
[metro_region_id_zillow] => 394974
[fips] => 42045
[cbsa_code] => 37980
[population_prior] => 563487
[population] => 564751
[rank] => 5
[difference] => 0.224317509
[region_id] => 2251
[sale_counts] => "705,721,623,556,532,518,532,531,530,504,465,449,447,471,442,436,441,531,596,616,591,597,486,430,403,518,565,592,558,493,421,380,384,361,354,402,458,488,448,434,409,423,394,431,439,443,436,453,492,501,514,501,511,495,504,497,521,516,538,562,562,574,566,592,604,588,588,609,612,604,571,577,577,570,551,556,576,595,614,611,588,603,592,638,638,662,619,613,663,694,725,694,699,686,624,707,726,762,703,704,731,737,720,688,694,705,758,783,804,784,781,784,798,789,739,744,753,764,762,799,828,860,800,808,744,777,746,755,747,754,785,789,809,862,862,859,857,837,803,,,"
[county] => Delaware
[flips] => 414
[purchase_price] => 84750
[resale_price] => 178500
[gross_margin] => 93750
[flipcount_rank] => 7
[flipmargin_rank] => 10
[sale_counts_exploded] => Array
(
[0] => 705
[1] => 721
[2] => 623
[3] => 556
[4] => 532
[5] => 518
[6] => 532
[7] => 531
[8] => 530
[9] => 504
[10] => 465
[11] => 449
[12] => 447
[13] => 471
[14] => 442
[15] => 436
[16] => 441
[17] => 531
[18] => 596
[19] => 616
[20] => 591
[21] => 597
[22] => 486
[23] => 430
[24] => 403
[25] => 518
[26] => 565
[27] => 592
[28] => 558
[29] => 493
[30] => 421
[31] => 380
[32] => 384
[33] => 361
[34] => 354
[35] => 402
[36] => 458
[37] => 488
[38] => 448
[39] => 434
[40] => 409
[41] => 423
[42] => 394
[43] => 431
[44] => 439
[45] => 443
[46] => 436
[47] => 453
[48] => 492
[49] => 501
[50] => 514
[51] => 501
[52] => 511
[53] => 495
[54] => 504
[55] => 497
[56] => 521
[57] => 516
[58] => 538
[59] => 562
[60] => 562
[61] => 574
[62] => 566
[63] => 592
[64] => 604
[65] => 588
[66] => 588
[67] => 609
[68] => 612
[69] => 604
[70] => 571
[71] => 577
[72] => 577
[73] => 570
[74] => 551
[75] => 556
[76] => 576
[77] => 595
[78] => 614
[79] => 611
[80] => 588
[81] => 603
[82] => 592
[83] => 638
[84] => 638
[85] => 662
[86] => 619
[87] => 613
[88] => 663
[89] => 694
[90] => 725
[91] => 694
[92] => 699
[93] => 686
[94] => 624
[95] => 707
[96] => 726
[97] => 762
[98] => 703
[99] => 704
[100] => 731
[101] => 737
[102] => 720
[103] => 688
[104] => 694
[105] => 705
[106] => 758
[107] => 783
[108] => 804
[109] => 784
[110] => 781
[111] => 784
[112] => 798
[113] => 789
[114] => 739
[115] => 744
[116] => 753
[117] => 764
[118] => 762
[119] => 799
[120] => 828
[121] => 860
[122] => 800
[123] => 808
[124] => 744
[125] => 777
[126] => 746
[127] => 755
[128] => 747
[129] => 754
[130] => 785
[131] => 789
[132] => 809
[133] => 862
[134] => 862
[135] => 859
[136] => 857
[137] => 837
[138] => 803
[139] =>
[140] =>
[141] =>
)
)