House Flipping Report
Neighborhood Data
Philadelphia, PA 19132
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
$ 62,350
even YoY Change
Latest Monthly Sales Count
2,154
List Price /sqft
$64
0.02% from last quarter
Reduced Listings /Month
28
0.17% from last quarter
Average Home Sqft
$1,085
-0.05% 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
19132
36,268
#55th 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] => 33514
[country] => USA
[zip] => 19132
[city] => Philadelphia
[state] => Pennsylvania
[state_abbr] => PA
[county] => Philadelphia
[dma] => 504
[latitude] => 39.9965
[longitude] => -75.1724
[timezone] => -5
[timezone_dst] => 1
[dttm] =>
[postal_code] => 19132
[zip_name] => philadelphia, pa
[flag] =>
[median_listing_price] => 69500
[median_listing_price_mm] => -0.0079
[median_listing_price_yy] => 0.1593
[active_listing_count] => 93
[active_listing_count_mm] => -0.0792
[active_listing_count_yy] => 0
[median_days_on_market] => 68.5
[median_days_on_market_mm] => 0.1048
[median_days_on_market_yy] => 0.1048
[new_listing_count] => 12
[new_listing_count_mm] => -0.625
[new_listing_count_yy] => -0.5714
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 28
[price_reduced_count_mm] => 0.1667
[price_reduced_count_yy] => 0.4
[pending_listing_count] => 4
[pending_listing_count_mm] => 0
[pending_listing_count_yy] => 1
[median_listing_price_per_square_feet] => 64
[median_listing_price_per_square_feet_mm] => 0.0209
[median_listing_price_per_square_feet_yy] => 0.3299
[median_square_feet] => 1085
[median_square_feet_mm] => -0.0313
[median_square_feet_yy] => -0.0482
[average_listing_price] => 100489
[average_listing_price_mm] => -0.0259
[average_listing_price_yy] => 0.1807
[total_listing_count] => 97
[total_listing_count_mm] => -0.0762
[total_listing_count_yy] => 0.043
[pending_ratio_mm] => 0.0034
[pending_ratio_yy] => 0.0215
[RegionID] =>
[RegionName] =>
[State] =>
[Metro] =>
[County] =>
[City] =>
[SizeRank] =>
[Zhvi] =>
[MoM] =>
[QoQ] =>
[YoY] =>
[5Year] =>
[10Year] =>
[PeakMonth] =>
[PeakQuarter] =>
[PeakZHVI] =>
[PctFallFromPeak] =>
[LastTimeAtCurrZHVI] =>
[flips] => 8971
[purchase_price] => 89629
[resale_price] => 175633
[gross_margin] => 86004
[flipcount_rank] => 10
[flipmargin_rank] => 16
[counties] => 67
[zip_population] => 36268
[zip_rank] => 55
[state_population] => 12807060
[state_rank] => 5
[state_difference] => 0.129886
[list_prices] => "49900,49999,49900,45000,45000,39900,44900,45000,45000,44900,42450,42000,43000,40000,44900,42950,42900,44400,40000,42000,40000,39950,38950,35000,36950,35000,34900,34900,33950,34900,32000,35000,35000,32000,32000,33700,35000,35900,37750,37000,37749.5,37500,35000,35000,35000,34900,30000,32000,33500,34450,35000,35000,35000,33200,29900,29900,30050,35000,35000,35000,31500,30000,30000,30000,32500,29500,29900,29500,29900,29900,30000,33000,33000,30000,29999,29900,30000,30000,29900,29925,33500,33500,33000,32950,29950,29815.5,30000,34999.5,36500,39900,39900,40000,39950,40000,44900,39900,40000,39987,40000,43000,44999.5,45000,48000,50000,49999,49999.5,50000,50000,55000,50000,50000,58000,59900,59999,59900,63000,63500,65000,65000,62350"
[list_prices_exploded] => Array
(
[0] => 49900
[1] => 49999
[2] => 49900
[3] => 45000
[4] => 45000
[5] => 39900
[6] => 44900
[7] => 45000
[8] => 45000
[9] => 44900
[10] => 42450
[11] => 42000
[12] => 43000
[13] => 40000
[14] => 44900
[15] => 42950
[16] => 42900
[17] => 44400
[18] => 40000
[19] => 42000
[20] => 40000
[21] => 39950
[22] => 38950
[23] => 35000
[24] => 36950
[25] => 35000
[26] => 34900
[27] => 34900
[28] => 33950
[29] => 34900
[30] => 32000
[31] => 35000
[32] => 35000
[33] => 32000
[34] => 32000
[35] => 33700
[36] => 35000
[37] => 35900
[38] => 37750
[39] => 37000
[40] => 37749.5
[41] => 37500
[42] => 35000
[43] => 35000
[44] => 35000
[45] => 34900
[46] => 30000
[47] => 32000
[48] => 33500
[49] => 34450
[50] => 35000
[51] => 35000
[52] => 35000
[53] => 33200
[54] => 29900
[55] => 29900
[56] => 30050
[57] => 35000
[58] => 35000
[59] => 35000
[60] => 31500
[61] => 30000
[62] => 30000
[63] => 30000
[64] => 32500
[65] => 29500
[66] => 29900
[67] => 29500
[68] => 29900
[69] => 29900
[70] => 30000
[71] => 33000
[72] => 33000
[73] => 30000
[74] => 29999
[75] => 29900
[76] => 30000
[77] => 30000
[78] => 29900
[79] => 29925
[80] => 33500
[81] => 33500
[82] => 33000
[83] => 32950
[84] => 29950
[85] => 29815.5
[86] => 30000
[87] => 34999.5
[88] => 36500
[89] => 39900
[90] => 39900
[91] => 40000
[92] => 39950
[93] => 40000
[94] => 44900
[95] => 39900
[96] => 40000
[97] => 39987
[98] => 40000
[99] => 43000
[100] => 44999.5
[101] => 45000
[102] => 48000
[103] => 50000
[104] => 49999
[105] => 49999.5
[106] => 50000
[107] => 50000
[108] => 55000
[109] => 50000
[110] => 50000
[111] => 58000
[112] => 59900
[113] => 59999
[114] => 59900
[115] => 63000
[116] => 63500
[117] => 65000
[118] => 65000
[119] => 62350
)
)
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
)
)