House Flipping Report
Neighborhood Data
Pelham, GA 31779
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 Pelham, GA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Mitchell 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
Mitchell County
#77th in GA
#39th 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 Monthly Sales Count
List Price /sqft
$60
-0.11% from last quarter
Average Home Sqft
$1,758
0.14% from last year
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 Mitchell 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
Georgia
10,519,475
1.02%
#8th in US
Mitchell County
22,192
-0.63%
#83rd in GA
31779
9,927
#88th 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.
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