House Flipping Report
Neighborhood Data
Cumming, GA 30040
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 Cumming, GA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Forsyth 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
Forsyth County
#8th in GA
#63rd 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
$ 392,990
0.04% YoY Change
Latest Monthly Sales Count
List Price /sqft
$129
0.03% from last quarter
Reduced Listings /Month
128
-0.52% from last quarter
Average Home Sqft
$2,748
-0.04% 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 Forsyth 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
Forsyth County
236,612
3.51%
#8th in GA
30040
54,653
#15th 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] => 8729
[country] => USA
[zip] => 30040
[city] => Cumming
[state] => Georgia
[state_abbr] => GA
[county] => Forsyth
[dma] => 524
[latitude] => 34.2111
[longitude] => -84.1796
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 30040
[zip_name] => cumming, ga
[flag] =>
[median_listing_price] => 420000
[median_listing_price_mm] => 1.00E-04
[median_listing_price_yy] => 0.0245
[active_listing_count] => 636
[active_listing_count_mm] => -0.0783
[active_listing_count_yy] => -0.1311
[median_days_on_market] => 71.5
[median_days_on_market_mm] => 0.2328
[median_days_on_market_yy] => 0.0515
[new_listing_count] => 136
[new_listing_count_mm] => -0.32
[new_listing_count_yy] => -0.2093
[price_increased_count] => 28
[price_increased_count_mm] => 1.3333
[price_increased_count_yy] => 0
[price_reduced_count] => 128
[price_reduced_count_mm] => -0.5224
[price_reduced_count_yy] => -0.2727
[pending_listing_count] => 239
[pending_listing_count_mm] => -0.2138
[pending_listing_count_yy] => 0.0717
[median_listing_price_per_square_feet] => 129
[median_listing_price_per_square_feet_mm] => 0.0307
[median_listing_price_per_square_feet_yy] => 0.0688
[median_square_feet] => 2748
[median_square_feet_mm] => -0.0186
[median_square_feet_yy] => -0.0375
[average_listing_price] => 465230
[average_listing_price_mm] => 0.019
[average_listing_price_yy] => -0.0157
[total_listing_count] => 875
[total_listing_count_mm] => -0.1197
[total_listing_count_yy] => 0.3758
[pending_ratio_mm] => -0.0648
[pending_ratio_yy] => 0.0711
[RegionID] => 70825
[RegionName] => 30040
[State] => GA
[Metro] => Atlanta-Sandy Springs-Roswell
[County] => Forsyth County
[City] => Cumming
[SizeRank] => 128
[Zhvi] => 310900
[MoM] => 0.00322685
[QoQ] => 0.00941558
[YoY] => 0.0387571
[5Year] => 0.05605
[10Year] => 0.0352364
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 310900
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 15647
[purchase_price] => 135692
[resale_price] => 193552
[gross_margin] => 57859
[flipcount_rank] => 4
[flipmargin_rank] => 32
[counties] => 159
[zip_population] => 54653
[zip_rank] => 15
[state_population] => 10519475
[state_rank] => 8
[state_difference] => 1.021986
[list_prices] => "249945,249000,241584,241584,240000,240000,235000,230000,229000,230332.5,229887.5,224900,219999.5,220000,219949.5,216495,224245,219900,215000,215000,216445,210000,209250,208525,224900,220710,220710,225000,232000,233388.5,240900,236990,240000,249900,247421,254900,259900,260753,259900,265000,269900,275000,276640,274712,275445,295000,280000,285000,286900,291900,295250,279900,282700,289990,289900,294990,298950,285900,295000,295495,292990,299900,299990,308340.5,314990,321961,309900,328900,320990,332378,335000,335900,349500,350000,357900,361957.5,360000,359900,359900,359900,362000,362990,366320.5,371400,375000,375000,376931.5,379900,380900,380723,380900,389000,389000,393779,394990,396671,399900,399900,399900,396486.5,395990,394730,392600,385900,389990,385900,385900,389990,388900,393019.5,388945,391999,391990,385000,384900,389900,392490,393990,390900,392990"
[list_prices_exploded] => Array
(
[0] => 249945
[1] => 249000
[2] => 241584
[3] => 241584
[4] => 240000
[5] => 240000
[6] => 235000
[7] => 230000
[8] => 229000
[9] => 230332.5
[10] => 229887.5
[11] => 224900
[12] => 219999.5
[13] => 220000
[14] => 219949.5
[15] => 216495
[16] => 224245
[17] => 219900
[18] => 215000
[19] => 215000
[20] => 216445
[21] => 210000
[22] => 209250
[23] => 208525
[24] => 224900
[25] => 220710
[26] => 220710
[27] => 225000
[28] => 232000
[29] => 233388.5
[30] => 240900
[31] => 236990
[32] => 240000
[33] => 249900
[34] => 247421
[35] => 254900
[36] => 259900
[37] => 260753
[38] => 259900
[39] => 265000
[40] => 269900
[41] => 275000
[42] => 276640
[43] => 274712
[44] => 275445
[45] => 295000
[46] => 280000
[47] => 285000
[48] => 286900
[49] => 291900
[50] => 295250
[51] => 279900
[52] => 282700
[53] => 289990
[54] => 289900
[55] => 294990
[56] => 298950
[57] => 285900
[58] => 295000
[59] => 295495
[60] => 292990
[61] => 299900
[62] => 299990
[63] => 308340.5
[64] => 314990
[65] => 321961
[66] => 309900
[67] => 328900
[68] => 320990
[69] => 332378
[70] => 335000
[71] => 335900
[72] => 349500
[73] => 350000
[74] => 357900
[75] => 361957.5
[76] => 360000
[77] => 359900
[78] => 359900
[79] => 359900
[80] => 362000
[81] => 362990
[82] => 366320.5
[83] => 371400
[84] => 375000
[85] => 375000
[86] => 376931.5
[87] => 379900
[88] => 380900
[89] => 380723
[90] => 380900
[91] => 389000
[92] => 389000
[93] => 393779
[94] => 394990
[95] => 396671
[96] => 399900
[97] => 399900
[98] => 399900
[99] => 396486.5
[100] => 395990
[101] => 394730
[102] => 392600
[103] => 385900
[104] => 389990
[105] => 385900
[106] => 385900
[107] => 389990
[108] => 388900
[109] => 393019.5
[110] => 388945
[111] => 391999
[112] => 391990
[113] => 385000
[114] => 384900
[115] => 389900
[116] => 392490
[117] => 393990
[118] => 390900
[119] => 392990
)
)
Array
(
[county_name] => Forsyth
[state] => Georgia
[state_fips] => 13
[county_fips] => 13117
[dma] => 524
[metro_name] => Atlanta, GA
[cbsa_name] => Atlanta-Sandy Springs-Roswell, GA
[county_region_id_zillow] => 1711
[metro_region_id_zillow] => 394347
[fips] => 13117
[cbsa_code] => 12060
[population_prior] => 228588
[population] => 236612
[rank] => 8
[difference] => 3.510245507
[region_id] => 1711
[sale_counts] => "223,213,201,190,186,194,206,219,193,183,167,178,178,163,161,159,172,185,196,207,212,231,240,233,209,190,189,201,206,201,226,260,305,285,263,234,235,211,195,184,221,258,276,266,259,266,302,328,340,300,274,255,264,274,277,286,284,299,327,347,335,325,320,333,337,339,343,339,338,331,349,356,369,340,360,366,385,373,394,409,395,385,404,443,453,457,433,429,419,425,415,394,362,380,397,442,451,454,471,499,520,549,559,563,541,557,542,497,448,431,466,470,471,461,446,436,457,494,510,510,483,494,482,487,476,464,436,433,434,431,421,418,437,455,464,464,462,454,449,422,428,"
[county] => Forsyth
[flips] => 412
[purchase_price] => 266383
[resale_price] => 318668
[gross_margin] => 52284
[flipcount_rank] => 8
[flipmargin_rank] => 63
[sale_counts_exploded] => Array
(
[0] => 223
[1] => 213
[2] => 201
[3] => 190
[4] => 186
[5] => 194
[6] => 206
[7] => 219
[8] => 193
[9] => 183
[10] => 167
[11] => 178
[12] => 178
[13] => 163
[14] => 161
[15] => 159
[16] => 172
[17] => 185
[18] => 196
[19] => 207
[20] => 212
[21] => 231
[22] => 240
[23] => 233
[24] => 209
[25] => 190
[26] => 189
[27] => 201
[28] => 206
[29] => 201
[30] => 226
[31] => 260
[32] => 305
[33] => 285
[34] => 263
[35] => 234
[36] => 235
[37] => 211
[38] => 195
[39] => 184
[40] => 221
[41] => 258
[42] => 276
[43] => 266
[44] => 259
[45] => 266
[46] => 302
[47] => 328
[48] => 340
[49] => 300
[50] => 274
[51] => 255
[52] => 264
[53] => 274
[54] => 277
[55] => 286
[56] => 284
[57] => 299
[58] => 327
[59] => 347
[60] => 335
[61] => 325
[62] => 320
[63] => 333
[64] => 337
[65] => 339
[66] => 343
[67] => 339
[68] => 338
[69] => 331
[70] => 349
[71] => 356
[72] => 369
[73] => 340
[74] => 360
[75] => 366
[76] => 385
[77] => 373
[78] => 394
[79] => 409
[80] => 395
[81] => 385
[82] => 404
[83] => 443
[84] => 453
[85] => 457
[86] => 433
[87] => 429
[88] => 419
[89] => 425
[90] => 415
[91] => 394
[92] => 362
[93] => 380
[94] => 397
[95] => 442
[96] => 451
[97] => 454
[98] => 471
[99] => 499
[100] => 520
[101] => 549
[102] => 559
[103] => 563
[104] => 541
[105] => 557
[106] => 542
[107] => 497
[108] => 448
[109] => 431
[110] => 466
[111] => 470
[112] => 471
[113] => 461
[114] => 446
[115] => 436
[116] => 457
[117] => 494
[118] => 510
[119] => 510
[120] => 483
[121] => 494
[122] => 482
[123] => 487
[124] => 476
[125] => 464
[126] => 436
[127] => 433
[128] => 434
[129] => 431
[130] => 421
[131] => 418
[132] => 437
[133] => 455
[134] => 464
[135] => 464
[136] => 462
[137] => 454
[138] => 449
[139] => 422
[140] => 428
[141] =>
)
)