House Flipping Report
Neighborhood Data
Philadelphia, PA 19131
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
$ 133,500
-0.01% YoY Change
Latest Monthly Sales Count
2,154
List Price /sqft
$107
0.03% from last quarter
Reduced Listings /Month
20
-0.38% from last quarter
Average Home Sqft
$1,269
0.04% 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
19131
43,172
#32nd 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] => 33513
[country] => USA
[zip] => 19131
[city] => Philadelphia
[state] => Pennsylvania
[state_abbr] => PA
[county] => Philadelphia
[dma] => 504
[latitude] => 39.9894
[longitude] => -75.2215
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 19131
[zip_name] => philadelphia, pa
[flag] =>
[median_listing_price] => 140300
[median_listing_price_mm] => 0.0025
[median_listing_price_yy] => 0.0957
[active_listing_count] => 85
[active_listing_count_mm] => -0.086
[active_listing_count_yy] => -0.2609
[median_days_on_market] => 72
[median_days_on_market_mm] => 0.3091
[median_days_on_market_yy] => 0.0141
[new_listing_count] => 20
[new_listing_count_mm] => 0
[new_listing_count_yy] => -0.1667
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] => -1
[price_reduced_count] => 20
[price_reduced_count_mm] => -0.375
[price_reduced_count_yy] => -0.1667
[pending_listing_count] => 8
[pending_listing_count_mm] => 0
[pending_listing_count_yy] => 0.1429
[median_listing_price_per_square_feet] => 107
[median_listing_price_per_square_feet_mm] => 0.0307
[median_listing_price_per_square_feet_yy] => 0.0697
[median_square_feet] => 1269
[median_square_feet_mm] => -0.06
[median_square_feet_yy] => 0.0402
[average_listing_price] => 188947
[average_listing_price_mm] => 0.0391
[average_listing_price_yy] => 0.2562
[total_listing_count] => 93
[total_listing_count_mm] => -0.0792
[total_listing_count_yy] => 0.0941
[pending_ratio_mm] => 0.0081
[pending_ratio_yy] => 0.0332
[RegionID] => 65798
[RegionName] => 19131
[State] => PA
[Metro] => Philadelphia-Camden-Wilmington
[County] => Philadelphia County
[City] => Philadelphia
[SizeRank] => 589
[Zhvi] => 101000
[MoM] => 0.0455487
[QoQ] => 0.0954447
[YoY] => -0.0117417
[5Year] => 0.0730318
[10Year] => 0.0264414
[PeakMonth] => 2019-02
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 107200
[PctFallFromPeak] => -0.0578358
[LastTimeAtCurrZHVI] => 2018-04
[flips] => 8971
[purchase_price] => 89629
[resale_price] => 175633
[gross_margin] => 86004
[flipcount_rank] => 10
[flipmargin_rank] => 16
[counties] => 67
[zip_population] => 43172
[zip_rank] => 32
[state_population] => 12807060
[state_rank] => 5
[state_difference] => 0.129886
[list_prices] => "89750,99450,105000,99949.5,99900,99900,98000,89000,83200,85000,90000,89900,87500,89500,94900,99900,93900,94950,90000,95000,99000,90000,89899.5,85000,85000,84900,84900,84900,90000,88500,94900,89950,88888,89950,85000,89000,84900,84900,84950,84900,89900,89900,79949.5,80000,80000,81900,80000,81900,82000,82250,87500,89900,95000,89900,93450,89900,89900,84950,84200,85000,84900,85000,85000,84900,84900,90000,87500,80000,84900,82450,77000,76660,79900,79950,84900,85000,96250,99900,93250,94900,97500,96900,94700,94900,97700,89900,99999,105000,102450,109950,104950,103000,112950,104900,99999.5,105000,98000,99900,110000,110000,105450,109999,115000,125000,124999,125000,124900,124950,128000,125000,119450,119900,122000,118250,124900,130000,132900,125000,130843.5,133500"
[list_prices_exploded] => Array
(
[0] => 89750
[1] => 99450
[2] => 105000
[3] => 99949.5
[4] => 99900
[5] => 99900
[6] => 98000
[7] => 89000
[8] => 83200
[9] => 85000
[10] => 90000
[11] => 89900
[12] => 87500
[13] => 89500
[14] => 94900
[15] => 99900
[16] => 93900
[17] => 94950
[18] => 90000
[19] => 95000
[20] => 99000
[21] => 90000
[22] => 89899.5
[23] => 85000
[24] => 85000
[25] => 84900
[26] => 84900
[27] => 84900
[28] => 90000
[29] => 88500
[30] => 94900
[31] => 89950
[32] => 88888
[33] => 89950
[34] => 85000
[35] => 89000
[36] => 84900
[37] => 84900
[38] => 84950
[39] => 84900
[40] => 89900
[41] => 89900
[42] => 79949.5
[43] => 80000
[44] => 80000
[45] => 81900
[46] => 80000
[47] => 81900
[48] => 82000
[49] => 82250
[50] => 87500
[51] => 89900
[52] => 95000
[53] => 89900
[54] => 93450
[55] => 89900
[56] => 89900
[57] => 84950
[58] => 84200
[59] => 85000
[60] => 84900
[61] => 85000
[62] => 85000
[63] => 84900
[64] => 84900
[65] => 90000
[66] => 87500
[67] => 80000
[68] => 84900
[69] => 82450
[70] => 77000
[71] => 76660
[72] => 79900
[73] => 79950
[74] => 84900
[75] => 85000
[76] => 96250
[77] => 99900
[78] => 93250
[79] => 94900
[80] => 97500
[81] => 96900
[82] => 94700
[83] => 94900
[84] => 97700
[85] => 89900
[86] => 99999
[87] => 105000
[88] => 102450
[89] => 109950
[90] => 104950
[91] => 103000
[92] => 112950
[93] => 104900
[94] => 99999.5
[95] => 105000
[96] => 98000
[97] => 99900
[98] => 110000
[99] => 110000
[100] => 105450
[101] => 109999
[102] => 115000
[103] => 125000
[104] => 124999
[105] => 125000
[106] => 124900
[107] => 124950
[108] => 128000
[109] => 125000
[110] => 119450
[111] => 119900
[112] => 122000
[113] => 118250
[114] => 124900
[115] => 130000
[116] => 132900
[117] => 125000
[118] => 130843.5
[119] => 133500
)
)
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
)
)