House Flipping Report
Neighborhood Data
Smithsburg, MD 21783
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 Smithsburg, MD . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Washington 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
Washington County
#10th in MD
#13th 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.
Latest Median Sale Price
$ 224,950
-0.02% YoY Change
Latest Monthly Sales Count
List Price /sqft
$117
-0.04% from last quarter
Reduced Listings /Month
8
-0.5% from last quarter
Average Home Sqft
$2,105
0.09% 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 Washington County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Maryland
6,042,718
0.3%
#19th in US
Washington County
150,926
0.42%
#11th in MD
21783
9,130
#88th 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] => 17692
[country] => USA
[zip] => 21783
[city] => Smithsburg
[state] => Maryland
[state_abbr] => MD
[county] => Washington
[dma] => 511
[latitude] => 39.6478
[longitude] => -77.5754
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 21783
[zip_name] => smithsburg, md
[flag] =>
[median_listing_price] => 265050
[median_listing_price_mm] => 0.0196
[median_listing_price_yy] => 4.00E-04
[active_listing_count] => 24
[active_listing_count_mm] => -0.25
[active_listing_count_yy] => 0
[median_days_on_market] => 82
[median_days_on_market_mm] => 0.4643
[median_days_on_market_yy] => -0.0353
[new_listing_count] => 0
[new_listing_count_mm] => -1
[new_listing_count_yy] => -1
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => 1
[pending_listing_count] => 2
[pending_listing_count_mm] => 0
[pending_listing_count_yy] => -0.5
[median_listing_price_per_square_feet] => 117
[median_listing_price_per_square_feet_mm] => -0.0405
[median_listing_price_per_square_feet_yy] => -0.1192
[median_square_feet] => 2105
[median_square_feet_mm] => 0.0157
[median_square_feet_yy] => 0.0893
[average_listing_price] => 260163
[average_listing_price_mm] => -0.0323
[average_listing_price_yy] => -0.1421
[total_listing_count] => 26
[total_listing_count_mm] => -0.2353
[total_listing_count_yy] => 0.0833
[pending_ratio_mm] => 0.0208
[pending_ratio_yy] => -0.0833
[RegionID] => 67041
[RegionName] => 21783
[State] => MD
[Metro] => Hagerstown-Martinsburg
[County] => Washington County
[City] => Smithsburg
[SizeRank] => 939
[Zhvi] => 226600
[MoM] => -0.00526778
[QoQ] => -0.0186228
[YoY] => -0.0186228
[5Year] => 0.0403898
[10Year] => 0.0100187
[PeakMonth] => 2006-09
[PeakQuarter] => 2006-Q3
[PeakZHVI] => 283600
[PctFallFromPeak] => -0.200987
[LastTimeAtCurrZHVI] => 2005-01
[flips] => 7799
[purchase_price] => 152203
[resale_price] => 284780
[gross_margin] => 132577
[flipcount_rank] => 13
[flipmargin_rank] => 4
[counties] => 24
[zip_population] => 9130
[zip_rank] => 188
[state_population] => 6042718
[state_rank] => 19
[state_difference] => 0.295889
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,225000,239000,222499.5,229900,227250,227250,227250,227250,214950,214950,220000,220000,2.00E+05,217000,219000,199900,214900,207400,199900,199900,218950,212500,209900,204449.5,211900,211900,225000,229950,235900,244900,239900,230000,227500,234900,229900,229450,244950,244950,231150,237400,229900,239950,219950,215000,217450,219995,234950,227450,214900,247900,234950,224950,241900,222459,222500,219918,223493.5,227450,245000,249899,252450,234000,257450,245000,224900,219900,205000,207450,214950,219950,234900,264900,279900,252500,242400,234900,259450,242450,234500,229900,222450,236000,229900,232400,239900,229900,239900,244900,239900,224950"
[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] => 225000
[31] => 239000
[32] => 222499.5
[33] => 229900
[34] => 227250
[35] => 227250
[36] => 227250
[37] => 227250
[38] => 214950
[39] => 214950
[40] => 220000
[41] => 220000
[42] => 2.00E+05
[43] => 217000
[44] => 219000
[45] => 199900
[46] => 214900
[47] => 207400
[48] => 199900
[49] => 199900
[50] => 218950
[51] => 212500
[52] => 209900
[53] => 204449.5
[54] => 211900
[55] => 211900
[56] => 225000
[57] => 229950
[58] => 235900
[59] => 244900
[60] => 239900
[61] => 230000
[62] => 227500
[63] => 234900
[64] => 229900
[65] => 229450
[66] => 244950
[67] => 244950
[68] => 231150
[69] => 237400
[70] => 229900
[71] => 239950
[72] => 219950
[73] => 215000
[74] => 217450
[75] => 219995
[76] => 234950
[77] => 227450
[78] => 214900
[79] => 247900
[80] => 234950
[81] => 224950
[82] => 241900
[83] => 222459
[84] => 222500
[85] => 219918
[86] => 223493.5
[87] => 227450
[88] => 245000
[89] => 249899
[90] => 252450
[91] => 234000
[92] => 257450
[93] => 245000
[94] => 224900
[95] => 219900
[96] => 205000
[97] => 207450
[98] => 214950
[99] => 219950
[100] => 234900
[101] => 264900
[102] => 279900
[103] => 252500
[104] => 242400
[105] => 234900
[106] => 259450
[107] => 242450
[108] => 234500
[109] => 229900
[110] => 222450
[111] => 236000
[112] => 229900
[113] => 232400
[114] => 239900
[115] => 229900
[116] => 239900
[117] => 244900
[118] => 239900
[119] => 224950
)
)
Array
(
[county_name] => Washington
[state] => Maryland
[state_fips] => 24
[county_fips] => 24043
[dma] => 511
[metro_name] => Martinsburg, WV
[cbsa_name] => Hagerstown-Martinsburg, MD-WV
[county_region_id_zillow] => 3059
[metro_region_id_zillow] => 394660
[fips] => 24043
[cbsa_code] => 25180
[population_prior] => 150288
[population] => 150926
[rank] => 11
[difference] => 0.424518258
[region_id] => 3059
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,153,155,159,150,153,154,156,158,155,151,144,146,134,133,127,125,108,118,118,140,127,138,122,127,114,119,123,127,131,135,135,142,141,157,149,139,139,153,138,113,106,129,153,147,153,152,162,152,150,155,155,169,170,188,175,181,173,178,177,188,192,192,191,194,176,191,199,214,205,206,203,205,211,206,206,189,200,208,218,220,206,209,212,221,210,206,209,214,218,199,197,199,224,218,217,204,206,194,186,185,175,181,193,224,223,222,207,215,207,208,215,"
[county] => Washington
[flips] => 215
[purchase_price] => 84342
[resale_price] => 202609
[gross_margin] => 118267
[flipcount_rank] => 10
[flipmargin_rank] => 13
[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] => 153
[31] => 155
[32] => 159
[33] => 150
[34] => 153
[35] => 154
[36] => 156
[37] => 158
[38] => 155
[39] => 151
[40] => 144
[41] => 146
[42] => 134
[43] => 133
[44] => 127
[45] => 125
[46] => 108
[47] => 118
[48] => 118
[49] => 140
[50] => 127
[51] => 138
[52] => 122
[53] => 127
[54] => 114
[55] => 119
[56] => 123
[57] => 127
[58] => 131
[59] => 135
[60] => 135
[61] => 142
[62] => 141
[63] => 157
[64] => 149
[65] => 139
[66] => 139
[67] => 153
[68] => 138
[69] => 113
[70] => 106
[71] => 129
[72] => 153
[73] => 147
[74] => 153
[75] => 152
[76] => 162
[77] => 152
[78] => 150
[79] => 155
[80] => 155
[81] => 169
[82] => 170
[83] => 188
[84] => 175
[85] => 181
[86] => 173
[87] => 178
[88] => 177
[89] => 188
[90] => 192
[91] => 192
[92] => 191
[93] => 194
[94] => 176
[95] => 191
[96] => 199
[97] => 214
[98] => 205
[99] => 206
[100] => 203
[101] => 205
[102] => 211
[103] => 206
[104] => 206
[105] => 189
[106] => 200
[107] => 208
[108] => 218
[109] => 220
[110] => 206
[111] => 209
[112] => 212
[113] => 221
[114] => 210
[115] => 206
[116] => 209
[117] => 214
[118] => 218
[119] => 199
[120] => 197
[121] => 199
[122] => 224
[123] => 218
[124] => 217
[125] => 204
[126] => 206
[127] => 194
[128] => 186
[129] => 185
[130] => 175
[131] => 181
[132] => 193
[133] => 224
[134] => 223
[135] => 222
[136] => 207
[137] => 215
[138] => 207
[139] => 208
[140] => 215
[141] =>
)
)