House Flipping Report
Neighborhood Data
Hernando, FL 34442
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 Hernando, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Citrus 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
Citrus County
#26th in FL
#46th 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
$ 254,900
0.04% YoY Change
Latest Monthly Sales Count
377
List Price /sqft
$133
0.03% from last quarter
Reduced Listings /Month
24
-0.4% from last quarter
Average Home Sqft
$1,911
-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 Citrus 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
Citrus County
147,929
1.66%
#33rd in FL
34442
14,568
#54th 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] => 6997
[country] => USA
[zip] => 34442
[city] => Hernando
[state] => Florida
[state_abbr] => FL
[county] => Citrus
[dma] => 539
[latitude] => 28.9288
[longitude] => -82.372
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 34442
[zip_name] => hernando, fl
[flag] =>
[median_listing_price] => 268950
[median_listing_price_mm] => 0.0342
[median_listing_price_yy] => 0.0342
[active_listing_count] => 189
[active_listing_count_mm] => 0.0161
[active_listing_count_yy] => -0.1085
[median_days_on_market] => 86.5
[median_days_on_market_mm] => 0.0549
[median_days_on_market_yy] => -0.0389
[new_listing_count] => 36
[new_listing_count_mm] => -0.3077
[new_listing_count_yy] => -0.1818
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 24
[price_reduced_count_mm] => -0.4
[price_reduced_count_yy] => -0.25
[pending_listing_count] => 61
[pending_listing_count_mm] => 0.1731
[pending_listing_count_yy] => 0.7941
[median_listing_price_per_square_feet] => 133
[median_listing_price_per_square_feet_mm] => 0.0285
[median_listing_price_per_square_feet_yy] => 0.036
[median_square_feet] => 1911
[median_square_feet_mm] => -0.026
[median_square_feet_yy] => -0.0445
[average_listing_price] => 322498
[average_listing_price_mm] => 0.0145
[average_listing_price_yy] => 0.0403
[total_listing_count] => 250
[total_listing_count_mm] => 0.0504
[total_listing_count_yy] => 0.3228
[pending_ratio_mm] => 0.0432
[pending_ratio_yy] => 0.1624
[RegionID] => 73102
[RegionName] => 34442
[State] => FL
[Metro] => Homosassa Springs
[County] => Citrus County
[City] => Hernando
[SizeRank] => 544
[Zhvi] => 215100
[MoM] => -0.000928936
[QoQ] => -0.00692521
[YoY] => 0.0351299
[5Year] => 0.0819186
[10Year] => 0.0233889
[PeakMonth] => 2007-05
[PeakQuarter] => 2007-Q2
[PeakZHVI] => 227300
[PctFallFromPeak] => -0.0536736
[LastTimeAtCurrZHVI] => 2006-05
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 14568
[zip_rank] => 554
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => "221500,219500,229450,229000,209900,199900,199900,199700,189900,199900,189900,189900,194450,179900,184750,169900,169900,169900,167900,169000,169900,169900,167900,164900,166900,153000,154000,152500,144950,139650,143050,143200,159900,164450,160000,167000,165000,159900,159900,169900,169000,179000,184450,179900,178750,189900,191000,212250,198650,193000,189900,186950,184900,189500,185900,189900,187200,195000,189900,189900,199000,189700,191000,199900,210000,209900,217000,221950,221950,224900,233450,219000,233500,222000,215000,224900,229900,239000,239900,231200,239900,239900,239900,249000,248000,246500,239900,247750,249900,249900,255000,256000,262500,275000,275000,279450,279900,279900,269416.5,272400,269900,267900,264000,259900,265000,259900,259000,259000,249900,249900,249000,244450,244000,246900,235750,238000,249400,249900,259425,254900"
[list_prices_exploded] => Array
(
[0] => 221500
[1] => 219500
[2] => 229450
[3] => 229000
[4] => 209900
[5] => 199900
[6] => 199900
[7] => 199700
[8] => 189900
[9] => 199900
[10] => 189900
[11] => 189900
[12] => 194450
[13] => 179900
[14] => 184750
[15] => 169900
[16] => 169900
[17] => 169900
[18] => 167900
[19] => 169000
[20] => 169900
[21] => 169900
[22] => 167900
[23] => 164900
[24] => 166900
[25] => 153000
[26] => 154000
[27] => 152500
[28] => 144950
[29] => 139650
[30] => 143050
[31] => 143200
[32] => 159900
[33] => 164450
[34] => 160000
[35] => 167000
[36] => 165000
[37] => 159900
[38] => 159900
[39] => 169900
[40] => 169000
[41] => 179000
[42] => 184450
[43] => 179900
[44] => 178750
[45] => 189900
[46] => 191000
[47] => 212250
[48] => 198650
[49] => 193000
[50] => 189900
[51] => 186950
[52] => 184900
[53] => 189500
[54] => 185900
[55] => 189900
[56] => 187200
[57] => 195000
[58] => 189900
[59] => 189900
[60] => 199000
[61] => 189700
[62] => 191000
[63] => 199900
[64] => 210000
[65] => 209900
[66] => 217000
[67] => 221950
[68] => 221950
[69] => 224900
[70] => 233450
[71] => 219000
[72] => 233500
[73] => 222000
[74] => 215000
[75] => 224900
[76] => 229900
[77] => 239000
[78] => 239900
[79] => 231200
[80] => 239900
[81] => 239900
[82] => 239900
[83] => 249000
[84] => 248000
[85] => 246500
[86] => 239900
[87] => 247750
[88] => 249900
[89] => 249900
[90] => 255000
[91] => 256000
[92] => 262500
[93] => 275000
[94] => 275000
[95] => 279450
[96] => 279900
[97] => 279900
[98] => 269416.5
[99] => 272400
[100] => 269900
[101] => 267900
[102] => 264000
[103] => 259900
[104] => 265000
[105] => 259900
[106] => 259000
[107] => 259000
[108] => 249900
[109] => 249900
[110] => 249000
[111] => 244450
[112] => 244000
[113] => 246900
[114] => 235750
[115] => 238000
[116] => 249400
[117] => 249900
[118] => 259425
[119] => 254900
)
)
Array
(
[county_name] => Citrus
[state] => Florida
[state_fips] => 12
[county_fips] => 12017
[dma] => 539
[metro_name] => Inverness, FL
[cbsa_name] => Homosassa Springs, FL
[county_region_id_zillow] => 938
[metro_region_id_zillow] => 394685
[fips] => 12017
[cbsa_code] => 26140
[population_prior] => 145512
[population] => 147929
[rank] => 33
[difference] => 1.661031393
[region_id] => 938
[sale_counts] => "158,151,156,152,172,163,172,156,145,132,136,148,161,155,157,154,166,166,178,188,195,199,187,192,193,193,191,184,183,180,177,170,175,179,187,186,190,198,200,193,183,177,166,172,182,189,195,203,217,209,203,194,194,203,208,229,232,246,241,242,238,250,260,262,259,252,258,268,279,280,272,279,286,292,289,295,303,303,303,315,318,345,341,348,338,334,333,328,345,349,373,360,351,321,331,332,321,310,320,327,325,332,339,335,335,341,355,354,355,355,339,331,317,323,325,334,340,334,358,357,361,347,364,372,373,371,375,374,338,318,316,320,336,330,359,349,367,353,380,379,371,377"
[county] => Citrus
[flips] => 270
[purchase_price] => 85511
[resale_price] => 130519
[gross_margin] => 45008
[flipcount_rank] => 26
[flipmargin_rank] => 46
[sale_counts_exploded] => Array
(
[0] => 158
[1] => 151
[2] => 156
[3] => 152
[4] => 172
[5] => 163
[6] => 172
[7] => 156
[8] => 145
[9] => 132
[10] => 136
[11] => 148
[12] => 161
[13] => 155
[14] => 157
[15] => 154
[16] => 166
[17] => 166
[18] => 178
[19] => 188
[20] => 195
[21] => 199
[22] => 187
[23] => 192
[24] => 193
[25] => 193
[26] => 191
[27] => 184
[28] => 183
[29] => 180
[30] => 177
[31] => 170
[32] => 175
[33] => 179
[34] => 187
[35] => 186
[36] => 190
[37] => 198
[38] => 200
[39] => 193
[40] => 183
[41] => 177
[42] => 166
[43] => 172
[44] => 182
[45] => 189
[46] => 195
[47] => 203
[48] => 217
[49] => 209
[50] => 203
[51] => 194
[52] => 194
[53] => 203
[54] => 208
[55] => 229
[56] => 232
[57] => 246
[58] => 241
[59] => 242
[60] => 238
[61] => 250
[62] => 260
[63] => 262
[64] => 259
[65] => 252
[66] => 258
[67] => 268
[68] => 279
[69] => 280
[70] => 272
[71] => 279
[72] => 286
[73] => 292
[74] => 289
[75] => 295
[76] => 303
[77] => 303
[78] => 303
[79] => 315
[80] => 318
[81] => 345
[82] => 341
[83] => 348
[84] => 338
[85] => 334
[86] => 333
[87] => 328
[88] => 345
[89] => 349
[90] => 373
[91] => 360
[92] => 351
[93] => 321
[94] => 331
[95] => 332
[96] => 321
[97] => 310
[98] => 320
[99] => 327
[100] => 325
[101] => 332
[102] => 339
[103] => 335
[104] => 335
[105] => 341
[106] => 355
[107] => 354
[108] => 355
[109] => 355
[110] => 339
[111] => 331
[112] => 317
[113] => 323
[114] => 325
[115] => 334
[116] => 340
[117] => 334
[118] => 358
[119] => 357
[120] => 361
[121] => 347
[122] => 364
[123] => 372
[124] => 373
[125] => 371
[126] => 375
[127] => 374
[128] => 338
[129] => 318
[130] => 316
[131] => 320
[132] => 336
[133] => 330
[134] => 359
[135] => 349
[136] => 367
[137] => 353
[138] => 380
[139] => 379
[140] => 371
[141] => 377
)
)