House Flipping Report
Neighborhood Data
Montross, VA 22520
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 Montross, VA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Westmoreland 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
Westmoreland County
#74th in VA
#10th 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.
Latest Median Sale Price
$ 219,000
0.05% YoY Change
Latest Monthly Sales Count
List Price /sqft
$145
0.01% from last quarter
Avg. Days on Market
117
-0.12% from last year
Average Home Sqft
$2,072
0.06% 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 Westmoreland 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
Westmoreland County
17,830
0.53%
#84th in VA
22520
5,402
#35th in VA
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] => 40019
[country] => USA
[zip] => 22520
[city] => Montross
[state] => Virginia
[state_abbr] => VA
[county] => Westmoreland
[dma] => 511
[latitude] => 38.1097
[longitude] => -76.8082
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 22520
[zip_name] => montross, va
[flag] => *
[median_listing_price] => 297250
[median_listing_price_mm] => 0.1048
[median_listing_price_yy] =>
[active_listing_count] => 57
[active_listing_count_mm] => -0.1618
[active_listing_count_yy] =>
[median_days_on_market] => 117
[median_days_on_market_mm] => 0.2447
[median_days_on_market_yy] => -0.1203
[new_listing_count] => 4
[new_listing_count_mm] => -0.6667
[new_listing_count_yy] =>
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] => -1
[price_reduced_count_yy] => -1
[pending_listing_count] => 14
[pending_listing_count_mm] => 0.2727
[pending_listing_count_yy] => 2.5
[median_listing_price_per_square_feet] => 145
[median_listing_price_per_square_feet_mm] => 0.0108
[median_listing_price_per_square_feet_yy] => 0.0233
[median_square_feet] => 2072
[median_square_feet_mm] => 0
[median_square_feet_yy] => 0.0571
[average_listing_price] => 367966
[average_listing_price_mm] => -0.0034
[average_listing_price_yy] => 0.0152
[total_listing_count] => 71
[total_listing_count_mm] => -0.1013
[total_listing_count_yy] => 0.2456
[pending_ratio_mm] => 0.0838
[pending_ratio_yy] => 0.1766
[RegionID] => 67288
[RegionName] => 22520
[State] => VA
[Metro] =>
[County] => Westmoreland County
[City] => Montross
[SizeRank] => 100
[Zhvi] => 181200
[MoM] => 0.00722624
[QoQ] => 0.016835
[YoY] => 0.0486111
[5Year] => 0.0272605
[10Year] => 0.00563431
[PeakMonth] => 2006-09
[PeakQuarter] => 2006-Q3
[PeakZHVI] => 228700
[PctFallFromPeak] => -0.207696
[LastTimeAtCurrZHVI] => 2005-02
[flips] => 6835
[purchase_price] => 167706
[resale_price] => 274176
[gross_margin] => 106470
[flipcount_rank] => 16
[flipmargin_rank] => 12
[counties] => 135
[zip_population] => 5402
[zip_rank] => 335
[state_population] => 8517685
[state_rank] => 12
[state_difference] => 0.619925
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,264950,259450,255000,259900,257000,257000,249000,249000,239900,239450,232400,225900,249500,249000,249950,249500,250000,260750,265750,250000,249900,239000,219900,248800,249900,255000,249900,249999,275000,249000,249900,229000,229000,232000,245500,240000,252449.5,235900,257000,249000,264000,264000,255000,261950,270000,249000,239000,239000,244000,244250,249700,237499.5,253249.5,250000,272450,253249.5,259000,250000,249000,235000,249995,244900,246950,239950,244499.5,224999.5,224999,224999,219000"
[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] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] => 264950
[52] => 259450
[53] => 255000
[54] => 259900
[55] => 257000
[56] => 257000
[57] => 249000
[58] => 249000
[59] => 239900
[60] => 239450
[61] => 232400
[62] => 225900
[63] => 249500
[64] => 249000
[65] => 249950
[66] => 249500
[67] => 250000
[68] => 260750
[69] => 265750
[70] => 250000
[71] => 249900
[72] => 239000
[73] => 219900
[74] => 248800
[75] => 249900
[76] => 255000
[77] => 249900
[78] => 249999
[79] => 275000
[80] => 249000
[81] => 249900
[82] => 229000
[83] => 229000
[84] => 232000
[85] => 245500
[86] => 240000
[87] => 252449.5
[88] => 235900
[89] => 257000
[90] => 249000
[91] => 264000
[92] => 264000
[93] => 255000
[94] => 261950
[95] => 270000
[96] => 249000
[97] => 239000
[98] => 239000
[99] => 244000
[100] => 244250
[101] => 249700
[102] => 237499.5
[103] => 253249.5
[104] => 250000
[105] => 272450
[106] => 253249.5
[107] => 259000
[108] => 250000
[109] => 249000
[110] => 235000
[111] => 249995
[112] => 244900
[113] => 246950
[114] => 239950
[115] => 244499.5
[116] => 224999.5
[117] => 224999
[118] => 224999
[119] => 219000
)
)
Array
(
[county_name] => Westmoreland
[state] => Virginia
[state_fips] => 51
[county_fips] => 51193
[dma] => 511
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 3201
[metro_region_id_zillow] =>
[fips] => 51193
[cbsa_code] =>
[population_prior] => 17736
[population] => 17830
[rank] => 84
[difference] => 0.529995489
[region_id] => 3201
[sale_counts] => "22,26,23,19,21,24,23,22,19,18,20,24,25,20,16,21,23,26,21,19,18,19,17,31,34,40,25,22,17,18,20,25,24,24,20,22,22,23,21,22,20,21,17,19,16,16,19,25,30,25,21,21,21,23,21,20,23,23,27,24,26,24,27,27,28,30,31,31,31,29,28,21,21,25,29,36,31,35,31,34,30,30,31,37,38,34,36,41,44,39,33,36,37,41,40,41,41,44,46,41,43,41,46,43,42,42,54,58,59,50,49,48,50,52,55,53,52,52,44,49,50,60,54,54,52,51,44,45,51,57,56,54,63,70,72,65,63,60,58,59,59,"
[county] => Westmoreland
[flips] => 9
[purchase_price] => 25000
[resale_price] => 200000
[gross_margin] => 175000
[flipcount_rank] => 74
[flipmargin_rank] => 10
[sale_counts_exploded] => Array
(
[0] => 22
[1] => 26
[2] => 23
[3] => 19
[4] => 21
[5] => 24
[6] => 23
[7] => 22
[8] => 19
[9] => 18
[10] => 20
[11] => 24
[12] => 25
[13] => 20
[14] => 16
[15] => 21
[16] => 23
[17] => 26
[18] => 21
[19] => 19
[20] => 18
[21] => 19
[22] => 17
[23] => 31
[24] => 34
[25] => 40
[26] => 25
[27] => 22
[28] => 17
[29] => 18
[30] => 20
[31] => 25
[32] => 24
[33] => 24
[34] => 20
[35] => 22
[36] => 22
[37] => 23
[38] => 21
[39] => 22
[40] => 20
[41] => 21
[42] => 17
[43] => 19
[44] => 16
[45] => 16
[46] => 19
[47] => 25
[48] => 30
[49] => 25
[50] => 21
[51] => 21
[52] => 21
[53] => 23
[54] => 21
[55] => 20
[56] => 23
[57] => 23
[58] => 27
[59] => 24
[60] => 26
[61] => 24
[62] => 27
[63] => 27
[64] => 28
[65] => 30
[66] => 31
[67] => 31
[68] => 31
[69] => 29
[70] => 28
[71] => 21
[72] => 21
[73] => 25
[74] => 29
[75] => 36
[76] => 31
[77] => 35
[78] => 31
[79] => 34
[80] => 30
[81] => 30
[82] => 31
[83] => 37
[84] => 38
[85] => 34
[86] => 36
[87] => 41
[88] => 44
[89] => 39
[90] => 33
[91] => 36
[92] => 37
[93] => 41
[94] => 40
[95] => 41
[96] => 41
[97] => 44
[98] => 46
[99] => 41
[100] => 43
[101] => 41
[102] => 46
[103] => 43
[104] => 42
[105] => 42
[106] => 54
[107] => 58
[108] => 59
[109] => 50
[110] => 49
[111] => 48
[112] => 50
[113] => 52
[114] => 55
[115] => 53
[116] => 52
[117] => 52
[118] => 44
[119] => 49
[120] => 50
[121] => 60
[122] => 54
[123] => 54
[124] => 52
[125] => 51
[126] => 44
[127] => 45
[128] => 51
[129] => 57
[130] => 56
[131] => 54
[132] => 63
[133] => 70
[134] => 72
[135] => 65
[136] => 63
[137] => 60
[138] => 58
[139] => 59
[140] => 59
[141] =>
)
)