House Flipping Report
Neighborhood Data
Gainesville, FL 32608
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 Gainesville, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Alachua 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
Alachua County
#33rd in FL
#39th 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
$ 289,000
0.05% YoY Change
Latest Monthly Sales Count
List Price /sqft
$160
0.01% from last quarter
Reduced Listings /Month
20
-0.5% from last quarter
Average Home Sqft
$2,096
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 Alachua 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
Alachua County
269,956
1.18%
#23rd in FL
32608
45,842
#60th 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] => 6779
[country] => USA
[zip] => 32608
[city] => Gainesville
[state] => Florida
[state_abbr] => FL
[county] => Alachua
[dma] => 592
[latitude] => 29.5863
[longitude] => -82.4038
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 32608
[zip_name] => gainesville, fl
[flag] => *
[median_listing_price] => 339542
[median_listing_price_mm] => 0.0014
[median_listing_price_yy] => 0.132
[active_listing_count] => 158
[active_listing_count_mm] => -0.0307
[active_listing_count_yy] =>
[median_days_on_market] => 86.5
[median_days_on_market_mm] => 0.0298
[median_days_on_market_yy] => 0.1234
[new_listing_count] => 36
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0.125
[price_increased_count] => 12
[price_increased_count_mm] => -0.4
[price_increased_count_yy] => 2
[price_reduced_count] => 20
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => 0.25
[pending_listing_count] => 100
[pending_listing_count_mm] => -0.2248
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 160
[median_listing_price_per_square_feet_mm] => 0.0052
[median_listing_price_per_square_feet_yy] => 0.0758
[median_square_feet] => 2096
[median_square_feet_mm] => 0
[median_square_feet_yy] => 0.0392
[average_listing_price] => 384820
[average_listing_price_mm] => -0.0118
[average_listing_price_yy] => 0.005
[total_listing_count] => 258
[total_listing_count_mm] => -0.1164
[total_listing_count_yy] => 0.6329
[pending_ratio_mm] => -0.1585
[pending_ratio_yy] => 0.6329
[RegionID] => 72103
[RegionName] => 32608
[State] => FL
[Metro] => Gainesville
[County] => Alachua County
[City] => Gainesville
[SizeRank] => 433
[Zhvi] => 223100
[MoM] => 0.00495496
[QoQ] => 0.00858951
[YoY] => 0.0484023
[5Year] => 0.0718489
[10Year] => 0.0215283
[PeakMonth] => 2007-05
[PeakQuarter] => 2007-Q2
[PeakZHVI] => 227800
[PctFallFromPeak] => -0.0206321
[LastTimeAtCurrZHVI] => 2006-09
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 45842
[zip_rank] => 60
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,224900,244950,235000,239000,238500,239900,249900,250000,249900,250000,239900,245000,247750,249250,249700,239950,249900,254900,264400,263000,250000,264900,273900,275000,269900,265000,259000,248950,257500,268900,274500,274000,262000,266990,259495,264990,269900,269900,269900,264803.5,269000,272288.5,281996,279900,281946,289000"
[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] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] => 224900
[75] => 244950
[76] => 235000
[77] => 239000
[78] => 238500
[79] => 239900
[80] => 249900
[81] => 250000
[82] => 249900
[83] => 250000
[84] => 239900
[85] => 245000
[86] => 247750
[87] => 249250
[88] => 249700
[89] => 239950
[90] => 249900
[91] => 254900
[92] => 264400
[93] => 263000
[94] => 250000
[95] => 264900
[96] => 273900
[97] => 275000
[98] => 269900
[99] => 265000
[100] => 259000
[101] => 248950
[102] => 257500
[103] => 268900
[104] => 274500
[105] => 274000
[106] => 262000
[107] => 266990
[108] => 259495
[109] => 264990
[110] => 269900
[111] => 269900
[112] => 269900
[113] => 264803.5
[114] => 269000
[115] => 272288.5
[116] => 281996
[117] => 279900
[118] => 281946
[119] => 289000
)
)
Array
(
[county_name] => Alachua
[state] => Florida
[state_fips] => 12
[county_fips] => 12001
[dma] => 592
[metro_name] => Gainesville, FL
[cbsa_name] => Gainesville, FL
[county_region_id_zillow] => 1509
[metro_region_id_zillow] => 394622
[fips] => 12001
[cbsa_code] => 23540
[population_prior] => 266820
[population] => 269956
[rank] => 23
[difference] => 1.175324189
[region_id] => 1509
[sale_counts] => "221,214,217,227,245,224,208,182,173,167,167,171,174,167,165,172,184,200,188,189,198,204,199,183,186,194,210,210,201,185,181,188,198,200,215,211,212,193,189,188,188,190,200,198,208,204,220,234,233,229,217,219,225,227,222,236,243,267,284,317,305,294,280,305,313,324,323,324,320,336,345,334,320,303,303,301,315,315,332,336,356,362,372,377,366,354,350,371,393,385,380,358,368,357,368,370,383,394,402,398,385,390,390,378,383,382,432,442,457,433,431,449,453,446,424,422,422,417,423,423,430,442,447,465,458,461,453,464,454,434,433,456,458,458,459,475,466,444,433,419,422,"
[county] => Alachua
[flips] => 194
[purchase_price] => 114926
[resale_price] => 167630
[gross_margin] => 52703
[flipcount_rank] => 33
[flipmargin_rank] => 39
[sale_counts_exploded] => Array
(
[0] => 221
[1] => 214
[2] => 217
[3] => 227
[4] => 245
[5] => 224
[6] => 208
[7] => 182
[8] => 173
[9] => 167
[10] => 167
[11] => 171
[12] => 174
[13] => 167
[14] => 165
[15] => 172
[16] => 184
[17] => 200
[18] => 188
[19] => 189
[20] => 198
[21] => 204
[22] => 199
[23] => 183
[24] => 186
[25] => 194
[26] => 210
[27] => 210
[28] => 201
[29] => 185
[30] => 181
[31] => 188
[32] => 198
[33] => 200
[34] => 215
[35] => 211
[36] => 212
[37] => 193
[38] => 189
[39] => 188
[40] => 188
[41] => 190
[42] => 200
[43] => 198
[44] => 208
[45] => 204
[46] => 220
[47] => 234
[48] => 233
[49] => 229
[50] => 217
[51] => 219
[52] => 225
[53] => 227
[54] => 222
[55] => 236
[56] => 243
[57] => 267
[58] => 284
[59] => 317
[60] => 305
[61] => 294
[62] => 280
[63] => 305
[64] => 313
[65] => 324
[66] => 323
[67] => 324
[68] => 320
[69] => 336
[70] => 345
[71] => 334
[72] => 320
[73] => 303
[74] => 303
[75] => 301
[76] => 315
[77] => 315
[78] => 332
[79] => 336
[80] => 356
[81] => 362
[82] => 372
[83] => 377
[84] => 366
[85] => 354
[86] => 350
[87] => 371
[88] => 393
[89] => 385
[90] => 380
[91] => 358
[92] => 368
[93] => 357
[94] => 368
[95] => 370
[96] => 383
[97] => 394
[98] => 402
[99] => 398
[100] => 385
[101] => 390
[102] => 390
[103] => 378
[104] => 383
[105] => 382
[106] => 432
[107] => 442
[108] => 457
[109] => 433
[110] => 431
[111] => 449
[112] => 453
[113] => 446
[114] => 424
[115] => 422
[116] => 422
[117] => 417
[118] => 423
[119] => 423
[120] => 430
[121] => 442
[122] => 447
[123] => 465
[124] => 458
[125] => 461
[126] => 453
[127] => 464
[128] => 454
[129] => 434
[130] => 433
[131] => 456
[132] => 458
[133] => 458
[134] => 459
[135] => 475
[136] => 466
[137] => 444
[138] => 433
[139] => 419
[140] => 422
[141] =>
)
)