House Flipping Report
Neighborhood Data
Hampton, VA 23663
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 Hampton, VA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Hampton (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
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
$ 160,798
-0.01% YoY Change
List Price /sqft
$118
even from last quarter
Reduced Listings /Month
16
even from last quarter
Average Home Sqft
$1,367
0.14% from last year
In order to successfully flip houses, you need the population of the area to be trending northward for either the individual zip code or the county as a whole. As more people come into an area, they will need quality housing to keep up with the influx of people.
Region
Population
Change YoY
Rank
Virginia
8,517,685
0.62%
#12th in US
23663
14,495
#95th 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] => 40109
[country] => USA
[zip] => 23663
[city] => Hampton
[state] => Virginia
[state_abbr] => VA
[county] => Hampton (city)
[dma] => 544
[latitude] => 37.0343
[longitude] => -76.3203
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 23663
[zip_name] => hampton, va
[flag] => *
[median_listing_price] => 159947
[median_listing_price_mm] => -0.0302
[median_listing_price_yy] =>
[active_listing_count] => 56
[active_listing_count_mm] => -0.0175
[active_listing_count_yy] =>
[median_days_on_market] => 66
[median_days_on_market_mm] => 0.1786
[median_days_on_market_yy] => 0.082
[new_listing_count] => 8
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => -0.3333
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] => -1
[price_reduced_count] => 16
[price_reduced_count_mm] => 0
[price_reduced_count_yy] => -0.3333
[pending_listing_count] => 0
[pending_listing_count_mm] => -1
[pending_listing_count_yy] => -1
[median_listing_price_per_square_feet] => 118
[median_listing_price_per_square_feet_mm] => 0
[median_listing_price_per_square_feet_yy] => 0.1132
[median_square_feet] => 1367
[median_square_feet_mm] => -0.018
[median_square_feet_yy] => 0.1382
[average_listing_price] => 188082
[average_listing_price_mm] => -0.0175
[average_listing_price_yy] => 0.2688
[total_listing_count] => 56
[total_listing_count_mm] => -0.0345
[total_listing_count_yy] => 0
[pending_ratio_mm] => -0.0175
[pending_ratio_yy] => -0.0274
[RegionID] => 67784
[RegionName] => 23663
[State] => VA
[Metro] => Virginia Beach-Norfolk-Newport News
[County] => Hampton City
[City] => Hampton
[SizeRank] => 725
[Zhvi] => 126400
[MoM] => 0.00158479
[QoQ] => 0.00877893
[YoY] => -0.00784929
[5Year] => 0.0210445
[10Year] => -0.00823757
[PeakMonth] => 2008-05
[PeakQuarter] => 2008-Q2
[PeakZHVI] => 147400
[PctFallFromPeak] => -0.142469
[LastTimeAtCurrZHVI] => 2006-03
[flips] => 6835
[purchase_price] => 167706
[resale_price] => 274176
[gross_margin] => 106470
[flipcount_rank] => 16
[flipmargin_rank] => 12
[counties] => 135
[zip_population] => 14495
[zip_rank] => 195
[state_population] => 8517685
[state_rank] => 12
[state_difference] => 0.619925
[list_prices] => "149900,155000,167450,160800,155500,159700,156000,156900,159000,154500,150000,153450,149900,149400,148900,145000,137450,137000,135000,136000,139800,144900,139000,129900,129900,129900,126900,119200,119700,119500,120000,120000,119500,118000,114950,116900,116900,119700,119000,125000,125000,125750,124999.5,123700,124999.5,125000,119900,125000,122622,129900,133000,133000,140000,139900,130000,120000,120000,120000,125900,125000,120000,119950,115000,126000,124950,124900,122950,120000,125000,129000,125000,120000,126150,126200,129000,129900,129900,129900,129900,130000,129700,129700,129000,129000,130150,134999.5,134999,132500,129450,134000,133450,130000,126450,125000,129900,125000,129500,132825,126450,128400,129900,130000,134900,139900,135000,129900,133500,134200,127900,142000,154900,139900,141000,150000,153500,158700,158700,160500,160000,160798"
[list_prices_exploded] => Array
(
[0] => 149900
[1] => 155000
[2] => 167450
[3] => 160800
[4] => 155500
[5] => 159700
[6] => 156000
[7] => 156900
[8] => 159000
[9] => 154500
[10] => 150000
[11] => 153450
[12] => 149900
[13] => 149400
[14] => 148900
[15] => 145000
[16] => 137450
[17] => 137000
[18] => 135000
[19] => 136000
[20] => 139800
[21] => 144900
[22] => 139000
[23] => 129900
[24] => 129900
[25] => 129900
[26] => 126900
[27] => 119200
[28] => 119700
[29] => 119500
[30] => 120000
[31] => 120000
[32] => 119500
[33] => 118000
[34] => 114950
[35] => 116900
[36] => 116900
[37] => 119700
[38] => 119000
[39] => 125000
[40] => 125000
[41] => 125750
[42] => 124999.5
[43] => 123700
[44] => 124999.5
[45] => 125000
[46] => 119900
[47] => 125000
[48] => 122622
[49] => 129900
[50] => 133000
[51] => 133000
[52] => 140000
[53] => 139900
[54] => 130000
[55] => 120000
[56] => 120000
[57] => 120000
[58] => 125900
[59] => 125000
[60] => 120000
[61] => 119950
[62] => 115000
[63] => 126000
[64] => 124950
[65] => 124900
[66] => 122950
[67] => 120000
[68] => 125000
[69] => 129000
[70] => 125000
[71] => 120000
[72] => 126150
[73] => 126200
[74] => 129000
[75] => 129900
[76] => 129900
[77] => 129900
[78] => 129900
[79] => 130000
[80] => 129700
[81] => 129700
[82] => 129000
[83] => 129000
[84] => 130150
[85] => 134999.5
[86] => 134999
[87] => 132500
[88] => 129450
[89] => 134000
[90] => 133450
[91] => 130000
[92] => 126450
[93] => 125000
[94] => 129900
[95] => 125000
[96] => 129500
[97] => 132825
[98] => 126450
[99] => 128400
[100] => 129900
[101] => 130000
[102] => 134900
[103] => 139900
[104] => 135000
[105] => 129900
[106] => 133500
[107] => 134200
[108] => 127900
[109] => 142000
[110] => 154900
[111] => 139900
[112] => 141000
[113] => 150000
[114] => 153500
[115] => 158700
[116] => 158700
[117] => 160500
[118] => 160000
[119] => 160798
)
)
Array
(
[sale_counts_exploded] => Array
(
[0] =>
)
)