Fincastle, VA 24090

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

By looking at recent sales data in Botetourt 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
Botetourt County #60th in VA
#57th 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.

24090 Historical Monthly Listing Prices

No Data Available

Botetourt Historical Monthly Home Sales

Latest Monthly Sales Count

List Price /sqft

$121

0.06% from last quarter

Avg. Days on Market

84

-0.22% from last year

Average Home Sqft

$2,681

0.07% from last year

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 Botetourt 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
Botetourt County 33,277 0.12% #52nd in VA
24090 4,781 #56th 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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    [state_abbr] => VA
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    [zip_rank] => 356
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