Parkton, MD 21120

Flip Market Report

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 Parkton, MD. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Baltimore 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
Baltimore County #3rd in MD
#12th in MD

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.

21120 Historical Monthly Listing Prices

No Data Available

Baltimore Historical Monthly Home Sales

Latest Monthly Sales Count

List Price /sqft

$183

0.02% from last quarter

Reduced Listings /Month

4

-0.5% from last quarter

Avg. Days on Market

104

0.06% from last year

Average Home Sqft

$2,778

-0.13% from last year

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Baltimore County. This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.

Region Population Change YoY Rank
Maryland 6,042,718 0.3% #19th in US
Baltimore County 828,431 -0.02% #3rd in MD
21120 6,967 #3rd in MD
Home Searches

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.

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    [country] => USA
    [zip] => 21120
    [city] => Parkton
    [state] => Maryland
    [state_abbr] => MD
    [county] => Baltimore
    [dma] => 512
    [latitude] => 39.6477
    [longitude] => -76.6798
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    [timezone_dst] => 1
    [dttm] => 2019-09-30
    [postal_code] => 21120
    [zip_name] => parkton, md
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    [median_listing_price] => 463899
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    [median_square_feet] => 2778
    [median_square_feet_mm] => -0.0043
    [median_square_feet_yy] => -0.1332
    [average_listing_price] => 497921
    [average_listing_price_mm] => -0.0128
    [average_listing_price_yy] => -0.1547
    [total_listing_count] => 20
    [total_listing_count_mm] => -0.3333
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    [pending_ratio_mm] => 0.0397
    [pending_ratio_yy] => -0.0556
    [RegionID] => 66786
    [RegionName] => 21120
    [State] => MD
    [Metro] => Baltimore-Columbia-Towson
    [County] => Baltimore County
    [City] => Parkton
    [SizeRank] => 103
    [Zhvi] => 444600
    [MoM] => -0.00134771
    [QoQ] => -0.0113409
    [YoY] => -0.0245722
    [5Year] => 0.0173799
    [10Year] => 0.00710775
    [PeakMonth] => 2006-08
    [PeakQuarter] => 2006-Q3
    [PeakZHVI] => 516800
    [PctFallFromPeak] => -0.139706
    [LastTimeAtCurrZHVI] => 2005-04
    [flips] => 7799
    [purchase_price] => 152203
    [resale_price] => 284780
    [gross_margin] => 132577
    [flipcount_rank] => 13
    [flipmargin_rank] => 4
    [counties] => 24
    [zip_population] => 6967
    [zip_rank] => 203
    [state_population] => 6042718
    [state_rank] => 19
    [state_difference] => 0.295889
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    [county_fips] => 24005
    [dma] => 512
    [metro_name] => Baltimore, MD
    [cbsa_name] => Baltimore-Columbia-Towson, MD
    [county_region_id_zillow] => 2626
    [metro_region_id_zillow] => 394358
    [fips] => 24005
    [cbsa_code] => 12580
    [population_prior] => 828603
    [population] => 828431
    [rank] => 3
    [difference] => -0.02075783
    [region_id] => 2626
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    [county] => Baltimore
    [flips] => 1074
    [purchase_price] => 128852
    [resale_price] => 249966
    [gross_margin] => 121114
    [flipcount_rank] => 3
    [flipmargin_rank] => 12
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