House Flipping Report
Neighborhood Data
Philadelphia, PA 19107
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 Philadelphia, PA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Philadelphia 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
Philadelphia County
#1st in PA
#8th 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
$ 377,450
-0% YoY Change
Latest Monthly Sales Count
2,154
List Price /sqft
$360
-0.03% from last quarter
Reduced Listings /Month
8
-0.5% from last quarter
Average Home Sqft
$1,139
0.27% 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 Philadelphia 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
Philadelphia County
1,584,138
0.25%
#1st in PA
19107
14,875
#83rd 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] => 33492
[country] => USA
[zip] => 19107
[city] => Philadelphia
[state] => Pennsylvania
[state_abbr] => PA
[county] => Philadelphia
[dma] => 504
[latitude] => 39.9522
[longitude] => -75.1593
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 19107
[zip_name] => philadelphia, pa
[flag] =>
[median_listing_price] => 402550
[median_listing_price_mm] => 0.019
[median_listing_price_yy] => 0.1666
[active_listing_count] => 64
[active_listing_count_mm] => -0.0986
[active_listing_count_yy] => -0.0588
[median_days_on_market] => 95
[median_days_on_market_mm] => 0.2338
[median_days_on_market_yy] => -0.1204
[new_listing_count] => 0
[new_listing_count_mm] => -1
[new_listing_count_yy] => -1
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => 0
[pending_listing_count] => 5
[pending_listing_count_mm] => -0.375
[pending_listing_count_yy] => 4
[median_listing_price_per_square_feet] => 360
[median_listing_price_per_square_feet_mm] => -0.0288
[median_listing_price_per_square_feet_yy] => 0.0909
[median_square_feet] => 1139
[median_square_feet_mm] => 0.0445
[median_square_feet_yy] => 0.2692
[average_listing_price] => 564847
[average_listing_price_mm] => 0.0425
[average_listing_price_yy] => 0.4171
[total_listing_count] => 69
[total_listing_count_mm] => -0.1266
[total_listing_count_yy] => 0.0781
[pending_ratio_mm] => -0.0346
[pending_ratio_yy] => 0.0634
[RegionID] => 65775
[RegionName] => 19107
[State] => PA
[Metro] => Philadelphia-Camden-Wilmington
[County] => Philadelphia County
[City] => Philadelphia
[SizeRank] => 457
[Zhvi] => 302800
[MoM] => -0.00361961
[QoQ] => -0.0216478
[YoY] => -0.00197759
[5Year] => 0.0305513
[10Year] => 0.0104139
[PeakMonth] => 2018-12
[PeakQuarter] => 2018-Q4
[PeakZHVI] => 312400
[PctFallFromPeak] => -0.0307298
[LastTimeAtCurrZHVI] => 2018-09
[flips] => 8971
[purchase_price] => 89629
[resale_price] => 175633
[gross_margin] => 86004
[flipcount_rank] => 10
[flipmargin_rank] => 16
[counties] => 67
[zip_population] => 14875
[zip_rank] => 283
[state_population] => 12807060
[state_rank] => 5
[state_difference] => 0.129886
[list_prices] => "307200,309900,283000,299900,299900,302950,299900,314900,309750,317450,299900,299000,295000,282400,287400,285900,299950,3.00E+05,317600,324900,324900,349900,335700,336950,336950,315900,331950,319900,319900,365000,369900,354500,324000,299450,299900,265000,310000,340000,340000,325000,319900,310000,319450,319000,304450,299999,309000,299900,297000,299900,309949.5,309000,305000,336950,327000,324750,339900,329000,334450,344900,339900,311000,324950,304950,329900,320450,317918,314900,354500,367000,385000,384250,335000,329000,349950,349900,334450,319900,324000,332000,379000,360000,365000,360000,355000,339450,339900,353950,389450,375000,360000,349000,349000,359900,359950,350000,355000,369900,350000,355000,339900,322250,299000,299000,324450,352450,340000,360000,349900,354450,359950,345000,342900,347000,356666,365000,365000,375000,374995,377450"
[list_prices_exploded] => Array
(
[0] => 307200
[1] => 309900
[2] => 283000
[3] => 299900
[4] => 299900
[5] => 302950
[6] => 299900
[7] => 314900
[8] => 309750
[9] => 317450
[10] => 299900
[11] => 299000
[12] => 295000
[13] => 282400
[14] => 287400
[15] => 285900
[16] => 299950
[17] => 3.00E+05
[18] => 317600
[19] => 324900
[20] => 324900
[21] => 349900
[22] => 335700
[23] => 336950
[24] => 336950
[25] => 315900
[26] => 331950
[27] => 319900
[28] => 319900
[29] => 365000
[30] => 369900
[31] => 354500
[32] => 324000
[33] => 299450
[34] => 299900
[35] => 265000
[36] => 310000
[37] => 340000
[38] => 340000
[39] => 325000
[40] => 319900
[41] => 310000
[42] => 319450
[43] => 319000
[44] => 304450
[45] => 299999
[46] => 309000
[47] => 299900
[48] => 297000
[49] => 299900
[50] => 309949.5
[51] => 309000
[52] => 305000
[53] => 336950
[54] => 327000
[55] => 324750
[56] => 339900
[57] => 329000
[58] => 334450
[59] => 344900
[60] => 339900
[61] => 311000
[62] => 324950
[63] => 304950
[64] => 329900
[65] => 320450
[66] => 317918
[67] => 314900
[68] => 354500
[69] => 367000
[70] => 385000
[71] => 384250
[72] => 335000
[73] => 329000
[74] => 349950
[75] => 349900
[76] => 334450
[77] => 319900
[78] => 324000
[79] => 332000
[80] => 379000
[81] => 360000
[82] => 365000
[83] => 360000
[84] => 355000
[85] => 339450
[86] => 339900
[87] => 353950
[88] => 389450
[89] => 375000
[90] => 360000
[91] => 349000
[92] => 349000
[93] => 359900
[94] => 359950
[95] => 350000
[96] => 355000
[97] => 369900
[98] => 350000
[99] => 355000
[100] => 339900
[101] => 322250
[102] => 299000
[103] => 299000
[104] => 324450
[105] => 352450
[106] => 340000
[107] => 360000
[108] => 349900
[109] => 354450
[110] => 359950
[111] => 345000
[112] => 342900
[113] => 347000
[114] => 356666
[115] => 365000
[116] => 365000
[117] => 375000
[118] => 374995
[119] => 377450
)
)
Array
(
[county_name] => Philadelphia
[state] => Pennsylvania
[state_fips] => 42
[county_fips] => 42101
[dma] => 504
[metro_name] => Philadelphia, PA
[cbsa_name] => Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
[county_region_id_zillow] => 3175
[metro_region_id_zillow] => 394974
[fips] => 42101
[cbsa_code] => 37980
[population_prior] => 1580221
[population] => 1584138
[rank] => 1
[difference] => 0.247876721
[region_id] => 3175
[sale_counts] => "1949,1857,1719,1666,1642,1631,1636,1556,1469,1397,1339,1403,1376,1391,1330,1328,1416,1421,1508,1488,1631,1697,1594,1499,1488,1586,1597,1568,1578,1468,1327,1166,1193,1235,1228,1280,1317,1356,1308,1253,1262,1248,1199,1155,1159,1203,1333,1474,1515,1491,1419,1381,1409,1408,1380,1378,1406,1450,1548,1617,1721,1700,1696,1641,1608,1567,1615,1586,1559,1530,1483,1525,1491,1551,1516,1594,1578,1637,1652,1617,1642,1616,1711,1764,1858,1884,1812,1810,1924,1913,1948,1905,1982,2001,1986,2064,2064,2070,2002,2067,2088,2171,2072,2121,2094,2154,2179,2240,2407,2340,2351,2175,2230,2231,2209,2196,2216,2264,2408,2406,2422,2364,2391,2398,2364,2267,2253,2247,2283,2263,2201,2135,2128,2151,2282,2201,2184,2095,2185,2211,2342,2154"
[county] => Philadelphia
[flips] => 1924
[purchase_price] => 70122
[resale_price] => 169256
[gross_margin] => 99134
[flipcount_rank] => 1
[flipmargin_rank] => 8
[sale_counts_exploded] => Array
(
[0] => 1949
[1] => 1857
[2] => 1719
[3] => 1666
[4] => 1642
[5] => 1631
[6] => 1636
[7] => 1556
[8] => 1469
[9] => 1397
[10] => 1339
[11] => 1403
[12] => 1376
[13] => 1391
[14] => 1330
[15] => 1328
[16] => 1416
[17] => 1421
[18] => 1508
[19] => 1488
[20] => 1631
[21] => 1697
[22] => 1594
[23] => 1499
[24] => 1488
[25] => 1586
[26] => 1597
[27] => 1568
[28] => 1578
[29] => 1468
[30] => 1327
[31] => 1166
[32] => 1193
[33] => 1235
[34] => 1228
[35] => 1280
[36] => 1317
[37] => 1356
[38] => 1308
[39] => 1253
[40] => 1262
[41] => 1248
[42] => 1199
[43] => 1155
[44] => 1159
[45] => 1203
[46] => 1333
[47] => 1474
[48] => 1515
[49] => 1491
[50] => 1419
[51] => 1381
[52] => 1409
[53] => 1408
[54] => 1380
[55] => 1378
[56] => 1406
[57] => 1450
[58] => 1548
[59] => 1617
[60] => 1721
[61] => 1700
[62] => 1696
[63] => 1641
[64] => 1608
[65] => 1567
[66] => 1615
[67] => 1586
[68] => 1559
[69] => 1530
[70] => 1483
[71] => 1525
[72] => 1491
[73] => 1551
[74] => 1516
[75] => 1594
[76] => 1578
[77] => 1637
[78] => 1652
[79] => 1617
[80] => 1642
[81] => 1616
[82] => 1711
[83] => 1764
[84] => 1858
[85] => 1884
[86] => 1812
[87] => 1810
[88] => 1924
[89] => 1913
[90] => 1948
[91] => 1905
[92] => 1982
[93] => 2001
[94] => 1986
[95] => 2064
[96] => 2064
[97] => 2070
[98] => 2002
[99] => 2067
[100] => 2088
[101] => 2171
[102] => 2072
[103] => 2121
[104] => 2094
[105] => 2154
[106] => 2179
[107] => 2240
[108] => 2407
[109] => 2340
[110] => 2351
[111] => 2175
[112] => 2230
[113] => 2231
[114] => 2209
[115] => 2196
[116] => 2216
[117] => 2264
[118] => 2408
[119] => 2406
[120] => 2422
[121] => 2364
[122] => 2391
[123] => 2398
[124] => 2364
[125] => 2267
[126] => 2253
[127] => 2247
[128] => 2283
[129] => 2263
[130] => 2201
[131] => 2135
[132] => 2128
[133] => 2151
[134] => 2282
[135] => 2201
[136] => 2184
[137] => 2095
[138] => 2185
[139] => 2211
[140] => 2342
[141] => 2154
)
)