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 Blackville, SC. If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Barnwell County, we've been able to rank it against its peer counties within South Carolina. To provide an even fuller picture, we also ranked South Carolina against all other US states.
| Region | Rank in # of Flips | Rank in Flip Profit |
|---|---|---|
| South Carolina | #18th in US | #26th in US |
| Barnwell County | #32nd in SC | #18th in SC |
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.
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In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Barnwell County. This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.
| Region | Population | Change YoY | Rank |
|---|---|---|---|
| South Carolina | 5,084,127 | 1.25% | #23rd in US |
| Barnwell County | 21,112 | -1.14% | #39th in SC |
| 29817 | 4,913 | #20th in SC |
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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