Springfield, VA 22152

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 Springfield, VA. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Fairfax County, we've been able to rank it against its peer counties within Virginia. To provide an even fuller picture, we also ranked Virginia against all other US states.

Region Rank in # of Flips Rank in Flip Profit
Virginia #16th in US
#12th in US
Fairfax County #1st in VA
#17th in VA

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.

22152 Historical Monthly Listing Prices

Latest Median Sale Price

$ 494,950

0.04% YoY Change
Fairfax Historical Monthly Home Sales

Latest Monthly Sales Count

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Fairfax County. This is a good sign that flipping a house here will be successful.

Region Population Change YoY Rank
Virginia 8,517,685 0.62% #12th in US
Fairfax County 1,150,795 0.34% #1st in VA
22152 28,550 #93rd in VA
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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