House Flipping Report
Neighborhood Data
Williamsburg, VA 23188
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 Williamsburg, VA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in James City 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
James City County
#19th in VA
#26th 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
$ 350,000
0.03% YoY Change
Latest Monthly Sales Count
List Price /sqft
$160
0.03% from last quarter
Reduced Listings /Month
68
-0.06% from last quarter
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with James City 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
James City County
76,397
1.24%
#27th in VA
23188
38,733
#39th 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] => 39593
[country] => USA
[zip] => 23188
[city] => Williamsburg
[state] => Virginia
[state_abbr] => VA
[county] => James City
[dma] => 544
[latitude] => 37.3582
[longitude] => -76.7419
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 23188
[zip_name] => williamsburg, va
[flag] =>
[median_listing_price] => 399500
[median_listing_price_mm] => 0.0011
[median_listing_price_yy] => 0.0946
[active_listing_count] => 473
[active_listing_count_mm] => -0.1059
[active_listing_count_yy] => -0.2156
[median_days_on_market] => 99
[median_days_on_market_mm] => 0.0206
[median_days_on_market_yy] => 0.125
[new_listing_count] => 88
[new_listing_count_mm] => -0.0435
[new_listing_count_yy] => -0.0833
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] =>
[price_reduced_count] => 68
[price_reduced_count_mm] => -0.0556
[price_reduced_count_yy] => 0.2143
[pending_listing_count] => 124
[pending_listing_count_mm] => -0.2152
[pending_listing_count_yy] => 0.181
[median_listing_price_per_square_feet] => 160
[median_listing_price_per_square_feet_mm] => 0.0286
[median_listing_price_per_square_feet_yy] => 0.0946
[median_square_feet] => 2447
[median_square_feet_mm] => -0.0119
[median_square_feet_yy] => 0.0035
[average_listing_price] => 433298
[average_listing_price_mm] => 0.017
[average_listing_price_yy] => 0.1297
[total_listing_count] => 597
[total_listing_count_mm] => -0.131
[total_listing_count_yy] => 0.2622
[pending_ratio_mm] => -0.0365
[pending_ratio_yy] => 0.088
[RegionID] => 67590
[RegionName] => 23188
[State] => VA
[Metro] => Virginia Beach-Norfolk-Newport News
[County] => James City County
[City] => Williamsburg
[SizeRank] => 763
[Zhvi] => 307900
[MoM] => 0.000975293
[QoQ] => 0.0035854
[YoY] => 0.0283901
[5Year] => 0.0208613
[10Year] => 0.00673879
[PeakMonth] => 2007-04
[PeakQuarter] => 2007-Q2
[PeakZHVI] => 329500
[PctFallFromPeak] => -0.0655539
[LastTimeAtCurrZHVI] => 2005-12
[flips] => 6835
[purchase_price] => 167706
[resale_price] => 274176
[gross_margin] => 106470
[flipcount_rank] => 16
[flipmargin_rank] => 12
[counties] => 135
[zip_population] => 38733
[zip_rank] => 39
[state_population] => 8517685
[state_rank] => 12
[state_difference] => 0.619925
[list_prices] => "325000,322000,329000,322140,319000,319900,322140,315000,324000,320495,315000,311439,315000,301990,310495,318894.5,319900,322695,325000,325000,325000,325000,324950,309990,309945,318640,315820,306950,301990,299990,297445,296990,295000,294265,285000,297995,286500,289000,309995,329945,335000,334990,344990,339990,340000,344990,339990,339000,341445,344990,344990,344990,339990,349900,349990,350000,349990,354990,349990,349990,345000,349990,349990,355000,344990,349900,349990,349945,344950,339000,349990,349000,343990,349000,349945,338990,344900,344990,348500,343745,339950,344990,343990,339990,332000,339990,345000,341495,339900,349000,345000,339664.5,335000,345000,338750,335000,327813,334950,329900,337000,339000,329310,331500,329550,336319.5,342000,341500,344995,344245,348900,349512.5,363900,349500,344945,335527.5,340000,349000,342707.5,345250,350000"
[list_prices_exploded] => Array
(
[0] => 325000
[1] => 322000
[2] => 329000
[3] => 322140
[4] => 319000
[5] => 319900
[6] => 322140
[7] => 315000
[8] => 324000
[9] => 320495
[10] => 315000
[11] => 311439
[12] => 315000
[13] => 301990
[14] => 310495
[15] => 318894.5
[16] => 319900
[17] => 322695
[18] => 325000
[19] => 325000
[20] => 325000
[21] => 325000
[22] => 324950
[23] => 309990
[24] => 309945
[25] => 318640
[26] => 315820
[27] => 306950
[28] => 301990
[29] => 299990
[30] => 297445
[31] => 296990
[32] => 295000
[33] => 294265
[34] => 285000
[35] => 297995
[36] => 286500
[37] => 289000
[38] => 309995
[39] => 329945
[40] => 335000
[41] => 334990
[42] => 344990
[43] => 339990
[44] => 340000
[45] => 344990
[46] => 339990
[47] => 339000
[48] => 341445
[49] => 344990
[50] => 344990
[51] => 344990
[52] => 339990
[53] => 349900
[54] => 349990
[55] => 350000
[56] => 349990
[57] => 354990
[58] => 349990
[59] => 349990
[60] => 345000
[61] => 349990
[62] => 349990
[63] => 355000
[64] => 344990
[65] => 349900
[66] => 349990
[67] => 349945
[68] => 344950
[69] => 339000
[70] => 349990
[71] => 349000
[72] => 343990
[73] => 349000
[74] => 349945
[75] => 338990
[76] => 344900
[77] => 344990
[78] => 348500
[79] => 343745
[80] => 339950
[81] => 344990
[82] => 343990
[83] => 339990
[84] => 332000
[85] => 339990
[86] => 345000
[87] => 341495
[88] => 339900
[89] => 349000
[90] => 345000
[91] => 339664.5
[92] => 335000
[93] => 345000
[94] => 338750
[95] => 335000
[96] => 327813
[97] => 334950
[98] => 329900
[99] => 337000
[100] => 339000
[101] => 329310
[102] => 331500
[103] => 329550
[104] => 336319.5
[105] => 342000
[106] => 341500
[107] => 344995
[108] => 344245
[109] => 348900
[110] => 349512.5
[111] => 363900
[112] => 349500
[113] => 344945
[114] => 335527.5
[115] => 340000
[116] => 349000
[117] => 342707.5
[118] => 345250
[119] => 350000
)
)
Array
(
[county_name] => James City
[state] => Virginia
[state_fips] => 51
[county_fips] => 51095
[dma] => 544
[metro_name] => Virginia Beach, VA
[cbsa_name] => Virginia Beach-Norfolk-Newport News, VA-NC
[county_region_id_zillow] => 2942
[metro_region_id_zillow] => 395194
[fips] => 51095
[cbsa_code] => 47260
[population_prior] => 75459
[population] => 76397
[rank] => 27
[difference] => 1.243059145
[region_id] => 2942
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,98,106,114,120,119,121,125,125,137,134,141,134,140,127,130,128,130,136,130,146,143,144,133,130,136,132,122,107,111,114,121,123,121,120,118,122,124,125,122,117,118,120,116,110,108,117,126,130,135,134,134,133,130,130,"
[county] => James City
[flips] => 92
[purchase_price] => 167750
[resale_price] => 284900
[gross_margin] => 117150
[flipcount_rank] => 19
[flipmargin_rank] => 26
[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] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] => 98
[88] => 106
[89] => 114
[90] => 120
[91] => 119
[92] => 121
[93] => 125
[94] => 125
[95] => 137
[96] => 134
[97] => 141
[98] => 134
[99] => 140
[100] => 127
[101] => 130
[102] => 128
[103] => 130
[104] => 136
[105] => 130
[106] => 146
[107] => 143
[108] => 144
[109] => 133
[110] => 130
[111] => 136
[112] => 132
[113] => 122
[114] => 107
[115] => 111
[116] => 114
[117] => 121
[118] => 123
[119] => 121
[120] => 120
[121] => 118
[122] => 122
[123] => 124
[124] => 125
[125] => 122
[126] => 117
[127] => 118
[128] => 120
[129] => 116
[130] => 110
[131] => 108
[132] => 117
[133] => 126
[134] => 130
[135] => 135
[136] => 134
[137] => 134
[138] => 133
[139] => 130
[140] => 130
[141] =>
)
)