House Flipping Report
Neighborhood Data
Okatie, SC 29909
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 Okatie, SC . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in 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
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
$ 333,053
0.02% YoY Change
List Price /sqft
$166
-0.01% from last quarter
Reduced Listings /Month
56
-0.26% from last quarter
Average Home Sqft
$2,361
-0.05% 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
South Carolina
5,084,127
1.25%
#23rd in US
29909
16,394
#5th 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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