House Flipping Report
Neighborhood Data
Greenwood, DE 19950
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 Greenwood, DE . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Sussex County , we've been able to rank it against its peer counties within Delaware. To provide an even fuller picture, we also ranked Delaware against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Delaware
#35th in US
#3rd in US
Sussex County
#2nd in DE
#1st in DE
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
$ 245,310
even YoY Change
Latest Monthly Sales Count
List Price /sqft
$157
-0.01% from last quarter
Average Home Sqft
$1,680
-0.14% 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 Sussex County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Delaware
967,171
1.05%
#45th in US
Sussex County
229,286
2.26%
#2nd in DE
19950
6,951
#38th in DE
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] => 6757
[country] => USA
[zip] => 19950
[city] => Greenwood
[state] => Delaware
[state_abbr] => DE
[county] => Sussex
[dma] => 576
[latitude] => 38.8289
[longitude] => -75.6019
[timezone] => -5
[timezone_dst] => 1
[dttm] =>
[postal_code] => 19950
[zip_name] => greenwood, de
[flag] =>
[median_listing_price] => 262810
[median_listing_price_mm] => 0.0698
[median_listing_price_yy] => 0.2518
[active_listing_count] => 20
[active_listing_count_mm] => -0.1304
[active_listing_count_yy] => 0
[median_days_on_market] => 181.5
[median_days_on_market_mm] => 0.1561
[median_days_on_market_yy] => 0.1415
[new_listing_count] => 4
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => 0
[price_reduced_count_yy] =>
[pending_listing_count] => 1
[pending_listing_count_mm] => -0.5
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 157
[median_listing_price_per_square_feet_mm] => -0.0067
[median_listing_price_per_square_feet_yy] => 0.2497
[median_square_feet] => 1680
[median_square_feet_mm] => 0.05
[median_square_feet_yy] => -0.1385
[average_listing_price] => 277583
[average_listing_price_mm] => 0.0604
[average_listing_price_yy] => 0.1263
[total_listing_count] => 21
[total_listing_count_mm] => -0.16
[total_listing_count_yy] => 0.05
[pending_ratio_mm] => -0.037
[pending_ratio_yy] => 0.05
[RegionID] =>
[RegionName] =>
[State] =>
[Metro] =>
[County] =>
[City] =>
[SizeRank] =>
[Zhvi] =>
[MoM] =>
[QoQ] =>
[YoY] =>
[5Year] =>
[10Year] =>
[PeakMonth] =>
[PeakQuarter] =>
[PeakZHVI] =>
[PctFallFromPeak] =>
[LastTimeAtCurrZHVI] =>
[flips] => 1453
[purchase_price] => 107493
[resale_price] => 282297
[gross_margin] => 174804
[flipcount_rank] => 35
[flipmargin_rank] => 3
[counties] => 3
[zip_population] => 6951
[zip_rank] => 38
[state_population] => 967171
[state_rank] => 45
[state_difference] => 1.054563
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,237000,222750,237760,245620,223900,224150,255620,235310,250620,234900,240620,245310"
[list_prices_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] =>
[100] =>
[101] =>
[102] =>
[103] =>
[104] =>
[105] =>
[106] =>
[107] =>
[108] => 237000
[109] => 222750
[110] => 237760
[111] => 245620
[112] => 223900
[113] => 224150
[114] => 255620
[115] => 235310
[116] => 250620
[117] => 234900
[118] => 240620
[119] => 245310
)
)
Array
(
[county_name] => Sussex
[state] => Delaware
[state_fips] => 10
[county_fips] => 10005
[dma] => 576
[metro_name] => Salisbury, MD
[cbsa_name] => Salisbury, MD-DE
[county_region_id_zillow] => 1412
[metro_region_id_zillow] => 395051
[fips] => 10005
[cbsa_code] => 41540
[population_prior] => 224214
[population] => 229286
[rank] => 2
[difference] => 2.262124577
[region_id] => 1412
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,311,355,349,358,344,350,365,373,392,377,398,407,406,390,367,371,352,343,356,353,358,356,361,348,338,317,319,340,378,351,312,268,309,352,390,401,400,417,415,418,394,"
[county] => Sussex
[flips] => 600
[purchase_price] => 112062
[resale_price] => 389229
[gross_margin] => 277167
[flipcount_rank] => 2
[flipmargin_rank] => 1
[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] =>
[100] => 311
[101] => 355
[102] => 349
[103] => 358
[104] => 344
[105] => 350
[106] => 365
[107] => 373
[108] => 392
[109] => 377
[110] => 398
[111] => 407
[112] => 406
[113] => 390
[114] => 367
[115] => 371
[116] => 352
[117] => 343
[118] => 356
[119] => 353
[120] => 358
[121] => 356
[122] => 361
[123] => 348
[124] => 338
[125] => 317
[126] => 319
[127] => 340
[128] => 378
[129] => 351
[130] => 312
[131] => 268
[132] => 309
[133] => 352
[134] => 390
[135] => 401
[136] => 400
[137] => 417
[138] => 415
[139] => 418
[140] => 394
[141] =>
)
)