House Flipping Report
Neighborhood Data
Christiansburg, VA 24073
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 Christiansburg, VA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Montgomery 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
Montgomery County
#3rd in VA
#94th 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
$ 228,950
0.03% YoY Change
Latest Monthly Sales Count
42
List Price /sqft
$135
0.01% from last quarter
Reduced Listings /Month
4
-0.83% from last quarter
Average Home Sqft
$2,025
0.07% 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 Montgomery 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
Montgomery County
98,985
0.71%
#19th in VA
24073
29,793
#82nd 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] => 39741
[country] => USA
[zip] => 24073
[city] => Christiansburg
[state] => Virginia
[state_abbr] => VA
[county] => Montgomery
[dma] => 573
[latitude] => 37.1249
[longitude] => -80.4143
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 24073
[zip_name] => christiansburg, va
[flag] => *
[median_listing_price] => 252250
[median_listing_price_mm] => -0.0296
[median_listing_price_yy] => 0.0513
[active_listing_count] => 73
[active_listing_count_mm] => -0.1512
[active_listing_count_yy] =>
[median_days_on_market] => 91.5
[median_days_on_market_mm] => 0.1731
[median_days_on_market_yy] => -0.0054
[new_listing_count] => 4
[new_listing_count_mm] => -0.8
[new_listing_count_yy] => -0.8571
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.8333
[price_reduced_count_yy] => -0.5
[pending_listing_count] => 64
[pending_listing_count_mm] => -0.0448
[pending_listing_count_yy] => 20.3333
[median_listing_price_per_square_feet] => 135
[median_listing_price_per_square_feet_mm] => 0.0141
[median_listing_price_per_square_feet_yy] => 0.1977
[median_square_feet] => 2025
[median_square_feet_mm] => -0.0025
[median_square_feet_yy] => 0.0658
[average_listing_price] => 313310
[average_listing_price_mm] => 0.0126
[average_listing_price_yy] => 0.1435
[total_listing_count] => 137
[total_listing_count_mm] => -0.1046
[total_listing_count_yy] => 0.8767
[pending_ratio_mm] => 0.0976
[pending_ratio_yy] => 0.8515
[RegionID] => 67965
[RegionName] => 24073
[State] => VA
[Metro] => Blacksburg-Christiansburg-Radford
[County] => Montgomery County
[City] => Christiansburg
[SizeRank] => 271
[Zhvi] => 189700
[MoM] => 0.00797024
[QoQ] => 0.0160686
[YoY] => 0.0315389
[5Year] => 0.0354182
[10Year] => 0.0173
[PeakMonth] => 2006-07
[PeakQuarter] => 2006-Q3
[PeakZHVI] => 192200
[PctFallFromPeak] => -0.0130073
[LastTimeAtCurrZHVI] => 2006-04
[flips] => 6835
[purchase_price] => 167706
[resale_price] => 274176
[gross_margin] => 106470
[flipcount_rank] => 16
[flipmargin_rank] => 12
[counties] => 135
[zip_population] => 29793
[zip_rank] => 82
[state_population] => 8517685
[state_rank] => 12
[state_difference] => 0.619925
[list_prices] => "187000,180000,184900,185000,186000,189000,189900,189900,185000,185000,185000,184950,179000,179450,183750,184500,179900,179000,179000,179000,178450,179000,174500,172900,176000,179950,179975,179925,179950,179900,179900,179900,175000,174925,171150,171000,172000,174900,169999,174900,171000,172250,174950,169900,168400,169900,169900,177000,187000,179900,181087.5,187500,187500,182700,179900,179900,185900,179970,182000,179900,189900,189900,186450,179950,179900,195000,194950,188450,194900,199900,199900,199900,214900,212000,209500,197000,187500,189900,190000,198500,190000,189950,196450,192400,179900,189900,190000,199900,202450,205000,198200,195000,195000,204600,214949.5,214999.5,214999.5,219450,219000,215900,214999.5,209000,205950,207000,209900,213800,214999,215450,214977,215000,212450,210000,210000,209900,209900,210000,217750,221500,224450,228950"
[list_prices_exploded] => Array
(
[0] => 187000
[1] => 180000
[2] => 184900
[3] => 185000
[4] => 186000
[5] => 189000
[6] => 189900
[7] => 189900
[8] => 185000
[9] => 185000
[10] => 185000
[11] => 184950
[12] => 179000
[13] => 179450
[14] => 183750
[15] => 184500
[16] => 179900
[17] => 179000
[18] => 179000
[19] => 179000
[20] => 178450
[21] => 179000
[22] => 174500
[23] => 172900
[24] => 176000
[25] => 179950
[26] => 179975
[27] => 179925
[28] => 179950
[29] => 179900
[30] => 179900
[31] => 179900
[32] => 175000
[33] => 174925
[34] => 171150
[35] => 171000
[36] => 172000
[37] => 174900
[38] => 169999
[39] => 174900
[40] => 171000
[41] => 172250
[42] => 174950
[43] => 169900
[44] => 168400
[45] => 169900
[46] => 169900
[47] => 177000
[48] => 187000
[49] => 179900
[50] => 181087.5
[51] => 187500
[52] => 187500
[53] => 182700
[54] => 179900
[55] => 179900
[56] => 185900
[57] => 179970
[58] => 182000
[59] => 179900
[60] => 189900
[61] => 189900
[62] => 186450
[63] => 179950
[64] => 179900
[65] => 195000
[66] => 194950
[67] => 188450
[68] => 194900
[69] => 199900
[70] => 199900
[71] => 199900
[72] => 214900
[73] => 212000
[74] => 209500
[75] => 197000
[76] => 187500
[77] => 189900
[78] => 190000
[79] => 198500
[80] => 190000
[81] => 189950
[82] => 196450
[83] => 192400
[84] => 179900
[85] => 189900
[86] => 190000
[87] => 199900
[88] => 202450
[89] => 205000
[90] => 198200
[91] => 195000
[92] => 195000
[93] => 204600
[94] => 214949.5
[95] => 214999.5
[96] => 214999.5
[97] => 219450
[98] => 219000
[99] => 215900
[100] => 214999.5
[101] => 209000
[102] => 205950
[103] => 207000
[104] => 209900
[105] => 213800
[106] => 214999
[107] => 215450
[108] => 214977
[109] => 215000
[110] => 212450
[111] => 210000
[112] => 210000
[113] => 209900
[114] => 209900
[115] => 210000
[116] => 217750
[117] => 221500
[118] => 224450
[119] => 228950
)
)
Array
(
[county_name] => Montgomery
[state] => Virginia
[state_fips] => 51
[county_fips] => 51121
[dma] => 573
[metro_name] => Blacksburg, VA
[cbsa_name] => Blacksburg-Christiansburg-Radford, VA
[county_region_id_zillow] => 2984
[metro_region_id_zillow] => 394392
[fips] => 51121
[cbsa_code] => 13980
[population_prior] => 98283
[population] => 98985
[rank] => 19
[difference] => 0.714263911
[region_id] => 2984
[sale_counts] => "0,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,0,1,1,2,1,1,0,0,1,1,2,1,1,0,0,0,2,3,3,1,2,2,3,2,2,1,1,1,2,3,2,1,0,0,1,1,1,2,2,2,2,2,3,5,8,9,10,12,11,11,9,10,9,10,12,12,13,11,12,11,13,13,12,13,13,17,16,20,24,33,44,58,66,68,65,58,55,68,86,106,87,74,56,61,57,60,60,60,64,60,75,75,81,70,64,64,66,71,75,79,81,79,76,82,76,71,65,66,75,68,71,68,82,84,82,84,83,93,85,75,57,46,52,51,51,42"
[county] => Montgomery
[flips] => 0
[purchase_price] => 0
[resale_price] => 0
[gross_margin] => 0
[flipcount_rank] => 103
[flipmargin_rank] => 94
[sale_counts_exploded] => Array
(
[0] => 0
[1] => 1
[2] => 1
[3] => 1
[4] => 1
[5] => 1
[6] => 1
[7] => 1
[8] => 1
[9] => 1
[10] => 1
[11] => 1
[12] => 1
[13] => 1
[14] => 1
[15] => 1
[16] => 0
[17] => 1
[18] => 1
[19] => 2
[20] => 1
[21] => 1
[22] => 0
[23] => 0
[24] => 1
[25] => 1
[26] => 2
[27] => 1
[28] => 1
[29] => 0
[30] => 0
[31] => 0
[32] => 2
[33] => 3
[34] => 3
[35] => 1
[36] => 2
[37] => 2
[38] => 3
[39] => 2
[40] => 2
[41] => 1
[42] => 1
[43] => 1
[44] => 2
[45] => 3
[46] => 2
[47] => 1
[48] => 0
[49] => 0
[50] => 1
[51] => 1
[52] => 1
[53] => 2
[54] => 2
[55] => 2
[56] => 2
[57] => 2
[58] => 3
[59] => 5
[60] => 8
[61] => 9
[62] => 10
[63] => 12
[64] => 11
[65] => 11
[66] => 9
[67] => 10
[68] => 9
[69] => 10
[70] => 12
[71] => 12
[72] => 13
[73] => 11
[74] => 12
[75] => 11
[76] => 13
[77] => 13
[78] => 12
[79] => 13
[80] => 13
[81] => 17
[82] => 16
[83] => 20
[84] => 24
[85] => 33
[86] => 44
[87] => 58
[88] => 66
[89] => 68
[90] => 65
[91] => 58
[92] => 55
[93] => 68
[94] => 86
[95] => 106
[96] => 87
[97] => 74
[98] => 56
[99] => 61
[100] => 57
[101] => 60
[102] => 60
[103] => 60
[104] => 64
[105] => 60
[106] => 75
[107] => 75
[108] => 81
[109] => 70
[110] => 64
[111] => 64
[112] => 66
[113] => 71
[114] => 75
[115] => 79
[116] => 81
[117] => 79
[118] => 76
[119] => 82
[120] => 76
[121] => 71
[122] => 65
[123] => 66
[124] => 75
[125] => 68
[126] => 71
[127] => 68
[128] => 82
[129] => 84
[130] => 82
[131] => 84
[132] => 83
[133] => 93
[134] => 85
[135] => 75
[136] => 57
[137] => 46
[138] => 52
[139] => 51
[140] => 51
[141] => 42
)
)