House Flipping Report
Neighborhood Data
Mardela Springs, MD 21837
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 Mardela Springs, MD . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Wicomico 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
Wicomico County
#16th in MD
#19th 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 Monthly Sales Count
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Wicomico 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
Wicomico County
103,195
0.81% #13th in MD
21837
2,614
#91st 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.
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