House Flipping Report
Neighborhood Data
Destin, FL 32541
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 Destin, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Okaloosa 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
Okaloosa County
#23rd in FL
#10th 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
$ 579,000
0.05% YoY Change
Latest Monthly Sales Count
577
List Price /sqft
$316
0.01% from last quarter
Reduced Listings /Month
64
-0.47% from last quarter
Avg. Days on Market
137
-0.01% from last year
Average Home Sqft
$1,781
-0.03% 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 Okaloosa 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
Okaloosa County
207,269
1.76%
#26th in FL
32541
15,565
#28th 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] => 7701
[country] => USA
[zip] => 32541
[city] => Destin
[state] => Florida
[state_abbr] => FL
[county] => Okaloosa
[dma] => 686
[latitude] => 30.3982
[longitude] => -86.4562
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 32541
[zip_name] => destin, fl
[flag] =>
[median_listing_price] => 569800
[median_listing_price_mm] => -0.0091
[median_listing_price_yy] => 0.077
[active_listing_count] => 597
[active_listing_count_mm] => -0.0628
[active_listing_count_yy] => -0.0584
[median_days_on_market] => 136.5
[median_days_on_market_mm] => 0.208
[median_days_on_market_yy] => -0.0109
[new_listing_count] => 56
[new_listing_count_mm] => -0.3636
[new_listing_count_yy] => -0.44
[price_increased_count] => 8
[price_increased_count_mm] => 1
[price_increased_count_yy] => 0
[price_reduced_count] => 64
[price_reduced_count_mm] => -0.4667
[price_reduced_count_yy] => -0.2727
[pending_listing_count] => 0
[pending_listing_count_mm] => -1
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 316
[median_listing_price_per_square_feet_mm] => 0.0138
[median_listing_price_per_square_feet_yy] => 0.0695
[median_square_feet] => 1781
[median_square_feet_mm] => -0.0471
[median_square_feet_yy] => -0.0342
[average_listing_price] => 788447
[average_listing_price_mm] => -0.0047
[average_listing_price_yy] => 0.0549
[total_listing_count] => 597
[total_listing_count_mm] => -0.0643
[total_listing_count_yy] => 0
[pending_ratio_mm] => -0.0016
[pending_ratio_yy] => 0
[RegionID] => 72053
[RegionName] => 32541
[State] => FL
[Metro] => Crestview-Fort Walton Beach-Destin
[County] => Okaloosa County
[City] => Destin
[SizeRank] => 252
[Zhvi] => 377300
[MoM] => 0.000795756
[QoQ] => 0.00667022
[YoY] => 0.0451524
[5Year] => 0.0693724
[10Year] => 0.0380977
[PeakMonth] => 2005-11
[PeakQuarter] => 2005-Q4
[PeakZHVI] => 555100
[PctFallFromPeak] => -0.320303
[LastTimeAtCurrZHVI] => 2004-09
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 15565
[zip_rank] => 528
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,427975,439900,442500,448750,449000,449950,449000,459000,469000,459000,474900,495000,485000,462500,449999,475000,485000,499900,525000,522000,517000,515000,520000,525000,550000,539000,540000,540000,518500,537500,539000,545000,555000,542500,525000,525000,525000,575000,564000,598500,615000,595000,579000,575000,589000,557500,577000,589000,589000,575000,539950,539900,540000,559300,564000,564000,569700,571950,550000,564500,577000,559000,545000,567000,562500,575000,565000,550000,579000"
[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] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] => 427975
[52] => 439900
[53] => 442500
[54] => 448750
[55] => 449000
[56] => 449950
[57] => 449000
[58] => 459000
[59] => 469000
[60] => 459000
[61] => 474900
[62] => 495000
[63] => 485000
[64] => 462500
[65] => 449999
[66] => 475000
[67] => 485000
[68] => 499900
[69] => 525000
[70] => 522000
[71] => 517000
[72] => 515000
[73] => 520000
[74] => 525000
[75] => 550000
[76] => 539000
[77] => 540000
[78] => 540000
[79] => 518500
[80] => 537500
[81] => 539000
[82] => 545000
[83] => 555000
[84] => 542500
[85] => 525000
[86] => 525000
[87] => 525000
[88] => 575000
[89] => 564000
[90] => 598500
[91] => 615000
[92] => 595000
[93] => 579000
[94] => 575000
[95] => 589000
[96] => 557500
[97] => 577000
[98] => 589000
[99] => 589000
[100] => 575000
[101] => 539950
[102] => 539900
[103] => 540000
[104] => 559300
[105] => 564000
[106] => 564000
[107] => 569700
[108] => 571950
[109] => 550000
[110] => 564500
[111] => 577000
[112] => 559000
[113] => 545000
[114] => 567000
[115] => 562500
[116] => 575000
[117] => 565000
[118] => 550000
[119] => 579000
)
)
Array
(
[county_name] => Okaloosa
[state] => Florida
[state_fips] => 12
[county_fips] => 12091
[dma] => 686
[metro_name] => Crestview, FL
[cbsa_name] => Crestview-Fort Walton Beach-Destin, FL
[county_region_id_zillow] => 2460
[metro_region_id_zillow] => 753875
[fips] => 12091
[cbsa_code] => 18880
[population_prior] => 203684
[population] => 207269
[rank] => 26
[difference] => 1.760079339
[region_id] => 2460
[sale_counts] => "214,205,206,205,201,192,193,194,185,184,184,183,178,170,176,195,207,214,215,233,256,272,256,235,208,204,207,227,214,203,182,192,202,210,238,244,250,243,256,267,258,260,251,255,266,269,292,293,300,282,269,256,244,250,243,266,252,285,313,354,339,329,315,327,321,323,334,344,340,338,330,333,320,312,313,328,340,341,345,365,376,397,397,416,412,410,393,387,392,387,414,399,399,369,394,410,426,422,396,401,347,381,378,433,442,454,480,475,481,446,467,478,471,471,462,484,486,467,494,476,483,461,500,515,517,488,476,473,471,466,494,494,519,506,524,533,530,534,537,549,557,577"
[county] => Okaloosa
[flips] => 335
[purchase_price] => 136390
[resale_price] => 222606
[gross_margin] => 86216
[flipcount_rank] => 23
[flipmargin_rank] => 10
[sale_counts_exploded] => Array
(
[0] => 214
[1] => 205
[2] => 206
[3] => 205
[4] => 201
[5] => 192
[6] => 193
[7] => 194
[8] => 185
[9] => 184
[10] => 184
[11] => 183
[12] => 178
[13] => 170
[14] => 176
[15] => 195
[16] => 207
[17] => 214
[18] => 215
[19] => 233
[20] => 256
[21] => 272
[22] => 256
[23] => 235
[24] => 208
[25] => 204
[26] => 207
[27] => 227
[28] => 214
[29] => 203
[30] => 182
[31] => 192
[32] => 202
[33] => 210
[34] => 238
[35] => 244
[36] => 250
[37] => 243
[38] => 256
[39] => 267
[40] => 258
[41] => 260
[42] => 251
[43] => 255
[44] => 266
[45] => 269
[46] => 292
[47] => 293
[48] => 300
[49] => 282
[50] => 269
[51] => 256
[52] => 244
[53] => 250
[54] => 243
[55] => 266
[56] => 252
[57] => 285
[58] => 313
[59] => 354
[60] => 339
[61] => 329
[62] => 315
[63] => 327
[64] => 321
[65] => 323
[66] => 334
[67] => 344
[68] => 340
[69] => 338
[70] => 330
[71] => 333
[72] => 320
[73] => 312
[74] => 313
[75] => 328
[76] => 340
[77] => 341
[78] => 345
[79] => 365
[80] => 376
[81] => 397
[82] => 397
[83] => 416
[84] => 412
[85] => 410
[86] => 393
[87] => 387
[88] => 392
[89] => 387
[90] => 414
[91] => 399
[92] => 399
[93] => 369
[94] => 394
[95] => 410
[96] => 426
[97] => 422
[98] => 396
[99] => 401
[100] => 347
[101] => 381
[102] => 378
[103] => 433
[104] => 442
[105] => 454
[106] => 480
[107] => 475
[108] => 481
[109] => 446
[110] => 467
[111] => 478
[112] => 471
[113] => 471
[114] => 462
[115] => 484
[116] => 486
[117] => 467
[118] => 494
[119] => 476
[120] => 483
[121] => 461
[122] => 500
[123] => 515
[124] => 517
[125] => 488
[126] => 476
[127] => 473
[128] => 471
[129] => 466
[130] => 494
[131] => 494
[132] => 519
[133] => 506
[134] => 524
[135] => 533
[136] => 530
[137] => 534
[138] => 537
[139] => 549
[140] => 557
[141] => 577
)
)