House Flipping Report
Neighborhood Data
Lexington Park, MD 20653
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 Lexington Park, MD . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in St. Mary's County , we've been able to rank it against its peer counties within Maryland. To provide an even fuller picture, we also ranked Maryland against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Maryland
#13th in US
#4th in US
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
$ 259,9000.05% YoY Change
List Price /sqft
$123
-0.04% from last quarter
Reduced Listings /Month
8
-0.6% from last quarter
Average Home Sqft
$1,900
0.15% from last year
In order to successfully flip houses, you need the population of the area to be trending northward for either the individual zip code or the county as a whole. As more people come into an area, they will need quality housing to keep up with the influx of people.
Region
Population
Change YoY
Rank
Maryland 6,042,718
0.3% #19th in US
20653
24,481
#2nd in MD
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] => 17628
[country] => USA
[zip] => 20653
[city] => Lexington Park
[state] => Maryland
[state_abbr] => MD
[county] => St. Mary's
[dma] => 511
[latitude] => 38.2417
[longitude] => -76.4309
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 20653
[zip_name] => lexington park, md
[flag] =>
[median_listing_price] => 245050
[median_listing_price_mm] => -0.054
[median_listing_price_yy] => 0.0657
[active_listing_count] => 53
[active_listing_count_mm] => -0.1452
[active_listing_count_yy] => -0.4646
[median_days_on_market] => 65.5
[median_days_on_market_mm] => 0.2358
[median_days_on_market_yy] => -0.1813
[new_listing_count] => 12
[new_listing_count_mm] => -0.4
[new_listing_count_yy] => -0.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.6
[price_reduced_count_yy] => -0.5
[pending_listing_count] => 13
[pending_listing_count_mm] => -0.1875
[pending_listing_count_yy] => -0.2353
[median_listing_price_per_square_feet] => 123
[median_listing_price_per_square_feet_mm] => -0.0364
[median_listing_price_per_square_feet_yy] => -0.1095
[median_square_feet] => 1900
[median_square_feet_mm] => -0.044
[median_square_feet_yy] => 0.1498
[average_listing_price] => 258761
[average_listing_price_mm] => -0.0321
[average_listing_price_yy] => -0.0424
[total_listing_count] => 66
[total_listing_count_mm] => -0.1538
[total_listing_count_yy] => 0.2453
[pending_ratio_mm] => -0.0128
[pending_ratio_yy] => 0.0736
[RegionID] => 66533
[RegionName] => 20653
[State] => MD
[Metro] => California-Lexington Park
[County] => Saint Marys County
[City] => Lexington Park
[SizeRank] => 457
[Zhvi] => 260000
[MoM] => 0.00541377
[QoQ] => 0.010101
[YoY] => 0.04881
[5Year] => 0.0157145
[10Year] => 0.00546864
[PeakMonth] => 2006-11
[PeakQuarter] => 2006-Q4
[PeakZHVI] => 306800
[PctFallFromPeak] => -0.152542
[LastTimeAtCurrZHVI] => 2005-05
[flips] => 7799
[purchase_price] => 152203
[resale_price] => 284780
[gross_margin] => 132577
[flipcount_rank] => 13
[flipmargin_rank] => 4
[counties] => 24
[zip_population] => 24481
[zip_rank] => 102
[state_population] => 6042718
[state_rank] => 19
[state_difference] => 0.295889
[list_prices] => "243750,240000,240000,248100,245400,240000,244900,236450,219900,219900,219900,210000,199900,185000,2.00E+05,210000,215000,210000,212500,210000,205000,199450,180000,189900,214999,217950,229900,245000,227450,244000,248000,251990,237500,237500,225000,237500,237500,245000,254995,253295,259945,269500,259900,256495,249000,237000,239700,250000,258000,269900,274900,275000,274900,269950,269900,259450,259000,249000,250000,249950,249900,245495,251545,251545,249000,249450,243400,250990,250000,249000,254900,250000,251990,249990,254900,250000,249945,249900,249000,249990,249990,246990,249450,239999,239999.5,242000,252500,259000,260000,265900,268000,254945,254945,259999,250000,249200,229000,235000,239900,239900,240000,242450,240000,249450,247000,240000,234999.5,229950,239900,247000,249900,262450,260000,264895,264900,267500,259450,264900,258000,259900"
[list_prices_exploded] => Array
(
[0] => 243750
[1] => 240000
[2] => 240000
[3] => 248100
[4] => 245400
[5] => 240000
[6] => 244900
[7] => 236450
[8] => 219900
[9] => 219900
[10] => 219900
[11] => 210000
[12] => 199900
[13] => 185000
[14] => 2.00E+05
[15] => 210000
[16] => 215000
[17] => 210000
[18] => 212500
[19] => 210000
[20] => 205000
[21] => 199450
[22] => 180000
[23] => 189900
[24] => 214999
[25] => 217950
[26] => 229900
[27] => 245000
[28] => 227450
[29] => 244000
[30] => 248000
[31] => 251990
[32] => 237500
[33] => 237500
[34] => 225000
[35] => 237500
[36] => 237500
[37] => 245000
[38] => 254995
[39] => 253295
[40] => 259945
[41] => 269500
[42] => 259900
[43] => 256495
[44] => 249000
[45] => 237000
[46] => 239700
[47] => 250000
[48] => 258000
[49] => 269900
[50] => 274900
[51] => 275000
[52] => 274900
[53] => 269950
[54] => 269900
[55] => 259450
[56] => 259000
[57] => 249000
[58] => 250000
[59] => 249950
[60] => 249900
[61] => 245495
[62] => 251545
[63] => 251545
[64] => 249000
[65] => 249450
[66] => 243400
[67] => 250990
[68] => 250000
[69] => 249000
[70] => 254900
[71] => 250000
[72] => 251990
[73] => 249990
[74] => 254900
[75] => 250000
[76] => 249945
[77] => 249900
[78] => 249000
[79] => 249990
[80] => 249990
[81] => 246990
[82] => 249450
[83] => 239999
[84] => 239999.5
[85] => 242000
[86] => 252500
[87] => 259000
[88] => 260000
[89] => 265900
[90] => 268000
[91] => 254945
[92] => 254945
[93] => 259999
[94] => 250000
[95] => 249200
[96] => 229000
[97] => 235000
[98] => 239900
[99] => 239900
[100] => 240000
[101] => 242450
[102] => 240000
[103] => 249450
[104] => 247000
[105] => 240000
[106] => 234999.5
[107] => 229950
[108] => 239900
[109] => 247000
[110] => 249900
[111] => 262450
[112] => 260000
[113] => 264895
[114] => 264900
[115] => 267500
[116] => 259450
[117] => 264900
[118] => 258000
[119] => 259900
)
)
Array
(
[sale_counts_exploded] => Array
(
[0] =>
)
)
Zillow Homes for Sale
Realtor.com Homes for Sale
RedFin Homes for Sale
RealtyTrac Foreclosure Homes
Trulia Homes for Sale