House Flipping Report
Neighborhood Data
Lake City, FL 32024
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 Lake City, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Columbia County , we've been able to rank it against its peer counties within Florida. To provide an even fuller picture, we also ranked Florida against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Florida
#1st in US
#27th in US
Columbia County
#40th in FL
#55th in FL
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
$ 239,900
0.18% YoY Change
Latest Monthly Sales Count
79
List Price /sqft
$117
0.02% from last quarter
Average Home Sqft
$2,184
0.09% 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 Columbia County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Florida
21,299,325
1.54%
#3rd in US
Columbia County
70,503
0.97%
#41st in FL
32024
18,733
#51st in FL
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] => 7049
[country] => USA
[zip] => 32024
[city] => Lake City
[state] => Florida
[state_abbr] => FL
[county] => Columbia
[dma] => 561
[latitude] => 30.0632
[longitude] => -82.7188
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 32024
[zip_name] => lake city, fl
[flag] => *
[median_listing_price] => 239950
[median_listing_price_mm] => -0.0365
[median_listing_price_yy] => 0.0435
[active_listing_count] => 51
[active_listing_count_mm] => -0.0556
[active_listing_count_yy] =>
[median_days_on_market] => 59
[median_days_on_market_mm] => -0.3444
[median_days_on_market_yy] => -0.3587
[new_listing_count] => 12
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => 0
[price_reduced_count_yy] => -0.6667
[pending_listing_count] => 29
[pending_listing_count_mm] => -0.2162
[pending_listing_count_yy] => 0.45
[median_listing_price_per_square_feet] => 117
[median_listing_price_per_square_feet_mm] => 0.017
[median_listing_price_per_square_feet_yy] => 0.0189
[median_square_feet] => 2184
[median_square_feet_mm] => -0.0278
[median_square_feet_yy] => 0.0918
[average_listing_price] => 343308
[average_listing_price_mm] => -0.0861
[average_listing_price_yy] => 0.1555
[total_listing_count] => 80
[total_listing_count_mm] => -0.1209
[total_listing_count_yy] => 0.5686
[pending_ratio_mm] => -0.1166
[pending_ratio_yy] => 0.3333
[RegionID] => 71738
[RegionName] => 32024
[State] => FL
[Metro] => Lake City
[County] => Columbia County
[City] => Lake City
[SizeRank] => 597
[Zhvi] => 185900
[MoM] => -0.000537634
[QoQ] => -0.000537634
[YoY] => 0.177327
[5Year] => 0.0827879
[10Year] => 0.0313704
[PeakMonth] => 2007-02
[PeakQuarter] => 2007-Q1
[PeakZHVI] => 186300
[PctFallFromPeak] => -0.00214707
[LastTimeAtCurrZHVI] => 2007-01
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 18733
[zip_rank] => 451
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,155000,151200,163700,162000,164950,162000,159000,159450,167000,159000,159000,165000,154900,164950,170000,173200,174900,176450,176450,169900,175500,178900,184900,184900,188950,185000,179450,179000,184900,184400,189000,181885,183900,174750,173900,174900,174950,174900,176000,182000,187450,184700,183000,194900,202950,205900,222450,218500,199900,215000,199500,208950,210000,209900,225000,225000,229900,224450,212000,225000,212500,218500,225000,219900,219730,218900,229000,228950,219000,230000,224950,235000,239500,239900,239950,235292,235584,238000,238000,239900"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] => 155000
[41] => 151200
[42] => 163700
[43] => 162000
[44] => 164950
[45] => 162000
[46] => 159000
[47] => 159450
[48] => 167000
[49] => 159000
[50] => 159000
[51] => 165000
[52] => 154900
[53] => 164950
[54] => 170000
[55] => 173200
[56] => 174900
[57] => 176450
[58] => 176450
[59] => 169900
[60] => 175500
[61] => 178900
[62] => 184900
[63] => 184900
[64] => 188950
[65] => 185000
[66] => 179450
[67] => 179000
[68] => 184900
[69] => 184400
[70] => 189000
[71] => 181885
[72] => 183900
[73] => 174750
[74] => 173900
[75] => 174900
[76] => 174950
[77] => 174900
[78] => 176000
[79] => 182000
[80] => 187450
[81] => 184700
[82] => 183000
[83] => 194900
[84] => 202950
[85] => 205900
[86] => 222450
[87] => 218500
[88] => 199900
[89] => 215000
[90] => 199500
[91] => 208950
[92] => 210000
[93] => 209900
[94] => 225000
[95] => 225000
[96] => 229900
[97] => 224450
[98] => 212000
[99] => 225000
[100] => 212500
[101] => 218500
[102] => 225000
[103] => 219900
[104] => 219730
[105] => 218900
[106] => 229000
[107] => 228950
[108] => 219000
[109] => 230000
[110] => 224950
[111] => 235000
[112] => 239500
[113] => 239900
[114] => 239950
[115] => 235292
[116] => 235584
[117] => 238000
[118] => 238000
[119] => 239900
)
)
Array
(
[county_name] => Columbia
[state] => Florida
[state_fips] => 12
[county_fips] => 12023
[dma] => 561
[metro_name] => Lake City, FL
[cbsa_name] => Lake City, FL
[county_region_id_zillow] => 2212
[metro_region_id_zillow] => 394764
[fips] => 12023
[cbsa_code] => 29380
[population_prior] => 69825
[population] => 70503
[rank] => 41
[difference] => 0.970998926
[region_id] => 2212
[sale_counts] => "32,33,38,36,32,30,25,33,37,43,34,37,34,35,31,31,34,30,34,40,46,45,40,36,38,41,45,43,39,37,37,40,39,39,34,34,36,35,35,31,31,33,35,42,44,43,41,41,43,46,45,44,36,39,41,45,44,44,44,46,47,50,48,49,50,53,53,55,55,58,60,61,59,56,56,55,60,59,62,60,63,60,55,52,55,57,60,60,62,61,58,69,83,85,74,63,61,64,64,64,60,59,62,71,79,77,73,68,71,70,69,71,71,71,68,67,69,73,76,72,71,72,74,75,74,75,76,76,71,62,64,61,70,69,76,68,68,67,67,74,77,79"
[county] => Columbia
[flips] => 40
[purchase_price] => 92950
[resale_price] => 129900
[gross_margin] => 36950
[flipcount_rank] => 40
[flipmargin_rank] => 55
[sale_counts_exploded] => Array
(
[0] => 32
[1] => 33
[2] => 38
[3] => 36
[4] => 32
[5] => 30
[6] => 25
[7] => 33
[8] => 37
[9] => 43
[10] => 34
[11] => 37
[12] => 34
[13] => 35
[14] => 31
[15] => 31
[16] => 34
[17] => 30
[18] => 34
[19] => 40
[20] => 46
[21] => 45
[22] => 40
[23] => 36
[24] => 38
[25] => 41
[26] => 45
[27] => 43
[28] => 39
[29] => 37
[30] => 37
[31] => 40
[32] => 39
[33] => 39
[34] => 34
[35] => 34
[36] => 36
[37] => 35
[38] => 35
[39] => 31
[40] => 31
[41] => 33
[42] => 35
[43] => 42
[44] => 44
[45] => 43
[46] => 41
[47] => 41
[48] => 43
[49] => 46
[50] => 45
[51] => 44
[52] => 36
[53] => 39
[54] => 41
[55] => 45
[56] => 44
[57] => 44
[58] => 44
[59] => 46
[60] => 47
[61] => 50
[62] => 48
[63] => 49
[64] => 50
[65] => 53
[66] => 53
[67] => 55
[68] => 55
[69] => 58
[70] => 60
[71] => 61
[72] => 59
[73] => 56
[74] => 56
[75] => 55
[76] => 60
[77] => 59
[78] => 62
[79] => 60
[80] => 63
[81] => 60
[82] => 55
[83] => 52
[84] => 55
[85] => 57
[86] => 60
[87] => 60
[88] => 62
[89] => 61
[90] => 58
[91] => 69
[92] => 83
[93] => 85
[94] => 74
[95] => 63
[96] => 61
[97] => 64
[98] => 64
[99] => 64
[100] => 60
[101] => 59
[102] => 62
[103] => 71
[104] => 79
[105] => 77
[106] => 73
[107] => 68
[108] => 71
[109] => 70
[110] => 69
[111] => 71
[112] => 71
[113] => 71
[114] => 68
[115] => 67
[116] => 69
[117] => 73
[118] => 76
[119] => 72
[120] => 71
[121] => 72
[122] => 74
[123] => 75
[124] => 74
[125] => 75
[126] => 76
[127] => 76
[128] => 71
[129] => 62
[130] => 64
[131] => 61
[132] => 70
[133] => 69
[134] => 76
[135] => 68
[136] => 68
[137] => 67
[138] => 67
[139] => 74
[140] => 77
[141] => 79
)
)