House Flipping Report
Neighborhood Data
Suwanee, GA 30024
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 Suwanee, GA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Gwinnett County , we've been able to rank it against its peer counties within Georgia. To provide an even fuller picture, we also ranked Georgia against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Georgia
#4th in US
#32nd in US
Gwinnett County
#2nd in GA
#85th in GA
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
$ 399,900
0.03% YoY Change
Latest Monthly Sales Count
List Price /sqft
$130
0.01% from last quarter
Reduced Listings /Month
140
-0.45% from last quarter
Average Home Sqft
$2,953
-0.01% 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 Gwinnett County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Georgia
10,519,475
1.02%
#8th in US
Gwinnett County
927,781
1.05%
#2nd in GA
30024
64,614
#5th in GA
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] => 8870
[country] => USA
[zip] => 30024
[city] => Suwanee
[state] => Georgia
[state_abbr] => GA
[county] => Gwinnett
[dma] => 524
[latitude] => 34.065
[longitude] => -84.0934
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 30024
[zip_name] => suwanee, ga
[flag] =>
[median_listing_price] => 427550
[median_listing_price_mm] => -0.0282
[median_listing_price_yy] => -0.017
[active_listing_count] => 635
[active_listing_count_mm] => -0.1289
[active_listing_count_yy] => -0.1094
[median_days_on_market] => 75
[median_days_on_market_mm] => 0.1538
[median_days_on_market_yy] => 0.087
[new_listing_count] => 140
[new_listing_count_mm] => -0.186
[new_listing_count_yy] => -0.2222
[price_increased_count] => 8
[price_increased_count_mm] => -0.6
[price_increased_count_yy] => -0.3333
[price_reduced_count] => 140
[price_reduced_count_mm] => -0.4531
[price_reduced_count_yy] => -0.3636
[pending_listing_count] => 268
[pending_listing_count_mm] => -0.1546
[pending_listing_count_yy] => 0.0939
[median_listing_price_per_square_feet] => 130
[median_listing_price_per_square_feet_mm] => 0.0108
[median_listing_price_per_square_feet_yy] => 0.0204
[median_square_feet] => 2953
[median_square_feet_mm] => -0.046
[median_square_feet_yy] => -0.0092
[average_listing_price] => 577346
[average_listing_price_mm] => -0.0076
[average_listing_price_yy] => -0.0662
[total_listing_count] => 903
[total_listing_count_mm] => -0.1367
[total_listing_count_yy] => 0.422
[pending_ratio_mm] => -0.0128
[pending_ratio_yy] => 0.0784
[RegionID] => 70810
[RegionName] => 30024
[State] => GA
[Metro] => Atlanta-Sandy Springs-Roswell
[County] => Gwinnett County
[City] => Suwanee
[SizeRank] => 64
[Zhvi] => 361100
[MoM] => 0.00166436
[QoQ] => 0.00445063
[YoY] => 0.0308307
[5Year] => 0.056912
[10Year] => 0.0389175
[PeakMonth] => 2019-03
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 362000
[PctFallFromPeak] => -0.00248619
[LastTimeAtCurrZHVI] => 2019-02
[flips] => 15647
[purchase_price] => 135692
[resale_price] => 193552
[gross_margin] => 57859
[flipcount_rank] => 4
[flipmargin_rank] => 32
[counties] => 159
[zip_population] => 64614
[zip_rank] => 5
[state_population] => 10519475
[state_rank] => 8
[state_difference] => 1.021986
[list_prices] => "285000,270000,275000,274900,269900,269000,265000,264900,259900,258450,259900,257900,258186.5,254900,255000,250000,254900,259000,255000,249900,250000,249000,245900,242900,245900,243450,240000,249900,259900,259900,259900,259945,264900,266900,267445,268200,269185,266235,269000,269949.5,270500,274400,270900,279900,269750,275000,287450,289900,309900,314900,315900,315200,319900,319900,319970,330253,335900,335000,349900,354950,350000,359900,359000,350000,359999.5,350000,349900,361950,363250,374900,383990,379900,384015,378700,379900,388990,395000,388995,389900,385000,388500,388400,383500,382700,376145,379000,379950,389900,399000,389000,389900,389000,399900,399999.5,399000,4.00E+05,409900,425936.5,420500,407750,414997,419900,405000,399999,405000,4.00E+05,399000,399900,395000,414949.5,409900,404400,4.00E+05,406888,409900,413605,409900,412605,4.00E+05,399900"
[list_prices_exploded] => Array
(
[0] => 285000
[1] => 270000
[2] => 275000
[3] => 274900
[4] => 269900
[5] => 269000
[6] => 265000
[7] => 264900
[8] => 259900
[9] => 258450
[10] => 259900
[11] => 257900
[12] => 258186.5
[13] => 254900
[14] => 255000
[15] => 250000
[16] => 254900
[17] => 259000
[18] => 255000
[19] => 249900
[20] => 250000
[21] => 249000
[22] => 245900
[23] => 242900
[24] => 245900
[25] => 243450
[26] => 240000
[27] => 249900
[28] => 259900
[29] => 259900
[30] => 259900
[31] => 259945
[32] => 264900
[33] => 266900
[34] => 267445
[35] => 268200
[36] => 269185
[37] => 266235
[38] => 269000
[39] => 269949.5
[40] => 270500
[41] => 274400
[42] => 270900
[43] => 279900
[44] => 269750
[45] => 275000
[46] => 287450
[47] => 289900
[48] => 309900
[49] => 314900
[50] => 315900
[51] => 315200
[52] => 319900
[53] => 319900
[54] => 319970
[55] => 330253
[56] => 335900
[57] => 335000
[58] => 349900
[59] => 354950
[60] => 350000
[61] => 359900
[62] => 359000
[63] => 350000
[64] => 359999.5
[65] => 350000
[66] => 349900
[67] => 361950
[68] => 363250
[69] => 374900
[70] => 383990
[71] => 379900
[72] => 384015
[73] => 378700
[74] => 379900
[75] => 388990
[76] => 395000
[77] => 388995
[78] => 389900
[79] => 385000
[80] => 388500
[81] => 388400
[82] => 383500
[83] => 382700
[84] => 376145
[85] => 379000
[86] => 379950
[87] => 389900
[88] => 399000
[89] => 389000
[90] => 389900
[91] => 389000
[92] => 399900
[93] => 399999.5
[94] => 399000
[95] => 4.00E+05
[96] => 409900
[97] => 425936.5
[98] => 420500
[99] => 407750
[100] => 414997
[101] => 419900
[102] => 405000
[103] => 399999
[104] => 405000
[105] => 4.00E+05
[106] => 399000
[107] => 399900
[108] => 395000
[109] => 414949.5
[110] => 409900
[111] => 404400
[112] => 4.00E+05
[113] => 406888
[114] => 409900
[115] => 413605
[116] => 409900
[117] => 412605
[118] => 4.00E+05
[119] => 399900
)
)
Array
(
[county_name] => Gwinnett
[state] => Georgia
[state_fips] => 13
[county_fips] => 13135
[dma] => 524
[metro_name] => Atlanta, GA
[cbsa_name] => Atlanta-Sandy Springs-Roswell, GA
[county_region_id_zillow] => 2314
[metro_region_id_zillow] => 394347
[fips] => 13135
[cbsa_code] => 12060
[population_prior] => 918153
[population] => 927781
[rank] => 2
[difference] => 1.048626972
[region_id] => 2314
[sale_counts] => "949,839,760,781,806,809,790,822,778,785,763,814,813,752,727,731,779,836,879,873,945,971,1010,949,882,853,805,856,802,816,1042,1309,1574,1405,1224,1016,939,907,876,881,918,1065,1183,1268,1233,1194,1433,1604,1698,1471,1301,1265,1238,1246,1243,1295,1293,1262,1330,1448,1406,1275,1122,1105,1084,1078,1109,1168,1229,1226,1361,1359,1358,1198,1201,1198,1181,1166,1186,1206,1155,1152,1202,1262,1285,1335,1309,1352,1278,1283,1263,1242,1158,1173,1255,1441,1476,1439,1394,1468,1543,1675,1697,1679,1618,1589,1571,1543,1482,1446,1451,1462,1491,1505,1494,1492,1460,1471,1520,1572,1569,1550,1552,1559,1553,1506,1468,1437,1430,1425,1471,1512,1530,1521,1520,1520,1538,1543,1607,1595,1574,"
[county] => Gwinnett
[flips] => 1517
[purchase_price] => 197446
[resale_price] => 230000
[gross_margin] => 32554
[flipcount_rank] => 2
[flipmargin_rank] => 85
[sale_counts_exploded] => Array
(
[0] => 949
[1] => 839
[2] => 760
[3] => 781
[4] => 806
[5] => 809
[6] => 790
[7] => 822
[8] => 778
[9] => 785
[10] => 763
[11] => 814
[12] => 813
[13] => 752
[14] => 727
[15] => 731
[16] => 779
[17] => 836
[18] => 879
[19] => 873
[20] => 945
[21] => 971
[22] => 1010
[23] => 949
[24] => 882
[25] => 853
[26] => 805
[27] => 856
[28] => 802
[29] => 816
[30] => 1042
[31] => 1309
[32] => 1574
[33] => 1405
[34] => 1224
[35] => 1016
[36] => 939
[37] => 907
[38] => 876
[39] => 881
[40] => 918
[41] => 1065
[42] => 1183
[43] => 1268
[44] => 1233
[45] => 1194
[46] => 1433
[47] => 1604
[48] => 1698
[49] => 1471
[50] => 1301
[51] => 1265
[52] => 1238
[53] => 1246
[54] => 1243
[55] => 1295
[56] => 1293
[57] => 1262
[58] => 1330
[59] => 1448
[60] => 1406
[61] => 1275
[62] => 1122
[63] => 1105
[64] => 1084
[65] => 1078
[66] => 1109
[67] => 1168
[68] => 1229
[69] => 1226
[70] => 1361
[71] => 1359
[72] => 1358
[73] => 1198
[74] => 1201
[75] => 1198
[76] => 1181
[77] => 1166
[78] => 1186
[79] => 1206
[80] => 1155
[81] => 1152
[82] => 1202
[83] => 1262
[84] => 1285
[85] => 1335
[86] => 1309
[87] => 1352
[88] => 1278
[89] => 1283
[90] => 1263
[91] => 1242
[92] => 1158
[93] => 1173
[94] => 1255
[95] => 1441
[96] => 1476
[97] => 1439
[98] => 1394
[99] => 1468
[100] => 1543
[101] => 1675
[102] => 1697
[103] => 1679
[104] => 1618
[105] => 1589
[106] => 1571
[107] => 1543
[108] => 1482
[109] => 1446
[110] => 1451
[111] => 1462
[112] => 1491
[113] => 1505
[114] => 1494
[115] => 1492
[116] => 1460
[117] => 1471
[118] => 1520
[119] => 1572
[120] => 1569
[121] => 1550
[122] => 1552
[123] => 1559
[124] => 1553
[125] => 1506
[126] => 1468
[127] => 1437
[128] => 1430
[129] => 1425
[130] => 1471
[131] => 1512
[132] => 1530
[133] => 1521
[134] => 1520
[135] => 1520
[136] => 1538
[137] => 1543
[138] => 1607
[139] => 1595
[140] => 1574
[141] =>
)
)