House Flipping Report
Neighborhood Data
Hanceville, AL 35077
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 Hanceville, AL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Cullman County , we've been able to rank it against its peer counties within Alabama. To provide an even fuller picture, we also ranked Alabama against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Alabama
#22nd in US
#42nd in US
Cullman County
#34th in AL
#32nd in AL
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
$ 159,900
even YoY Change
Latest Monthly Sales Count
46
List Price /sqft
$82
0.03% from last quarter
Reduced Listings /Month
4
-0.67% from last quarter
Average Home Sqft
$1,924
0.05% 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 Cullman County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Alabama
4,887,871
0.26%
#24th in US
Cullman County
83,442
0.73%
#17th in AL
35077
13,142
#29th in AL
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] => 464
[country] => USA
[zip] => 35077
[city] => Hanceville
[state] => Alabama
[state_abbr] => AL
[county] => Cullman
[dma] => 630
[latitude] => 34.0157
[longitude] => -86.8266
[timezone] => -6
[timezone_dst] => 1
[dttm] =>
[postal_code] => 35077
[zip_name] => hanceville, al
[flag] =>
[median_listing_price] => 163850
[median_listing_price_mm] => 0.0927
[median_listing_price_yy] => 0.0568
[active_listing_count] => 73
[active_listing_count_mm] => -0.0641
[active_listing_count_yy] => -0.0641
[median_days_on_market] => 112
[median_days_on_market_mm] => 0.2584
[median_days_on_market_yy] => 0.1789
[new_listing_count] => 4
[new_listing_count_mm] => 0
[new_listing_count_yy] => -0.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.6667
[price_reduced_count_yy] => -0.5
[pending_listing_count] => 3
[pending_listing_count_mm] => -0.5
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 82
[median_listing_price_per_square_feet_mm] => 0.0327
[median_listing_price_per_square_feet_yy] => 0.0088
[median_square_feet] => 1924
[median_square_feet_mm] => 0.0191
[median_square_feet_yy] => 0.0502
[average_listing_price] => 202160
[average_listing_price_mm] => 0.0349
[average_listing_price_yy] => -0.0122
[total_listing_count] => 76
[total_listing_count_mm] => -0.0952
[total_listing_count_yy] => 0.0411
[pending_ratio_mm] => -0.0358
[pending_ratio_yy] => 0.0411
[RegionID] =>
[RegionName] =>
[State] =>
[Metro] =>
[County] =>
[City] =>
[SizeRank] =>
[Zhvi] =>
[MoM] =>
[QoQ] =>
[YoY] =>
[5Year] =>
[10Year] =>
[PeakMonth] =>
[PeakQuarter] =>
[PeakZHVI] =>
[PctFallFromPeak] =>
[LastTimeAtCurrZHVI] =>
[flips] => 4436
[purchase_price] => 85587
[resale_price] => 131964
[gross_margin] => 46377
[flipcount_rank] => 22
[flipmargin_rank] => 42
[counties] => 67
[zip_population] => 13142
[zip_rank] => 129
[state_population] => 4887871
[state_rank] => 24
[state_difference] => 0.261552
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,169900,159900,138400,139900,133400,129300,124900,124900,133200,139450,149900,144900,154900,146400,153950,159000,149900,141400,139900,142900,146000,142900,149900,139900,139000,139900,139900,139900,141450,149950,150000,148500,149000,149950,149000,152000,149950,149900,149000,149450,145000,147000,144500,142900,139900,139900,142400,159900"
[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] => 169900
[73] => 159900
[74] => 138400
[75] => 139900
[76] => 133400
[77] => 129300
[78] => 124900
[79] => 124900
[80] => 133200
[81] => 139450
[82] => 149900
[83] => 144900
[84] => 154900
[85] => 146400
[86] => 153950
[87] => 159000
[88] => 149900
[89] => 141400
[90] => 139900
[91] => 142900
[92] => 146000
[93] => 142900
[94] => 149900
[95] => 139900
[96] => 139000
[97] => 139900
[98] => 139900
[99] => 139900
[100] => 141450
[101] => 149950
[102] => 150000
[103] => 148500
[104] => 149000
[105] => 149950
[106] => 149000
[107] => 152000
[108] => 149950
[109] => 149900
[110] => 149000
[111] => 149450
[112] => 145000
[113] => 147000
[114] => 144500
[115] => 142900
[116] => 139900
[117] => 139900
[118] => 142400
[119] => 159900
)
)
Array
(
[county_name] => Cullman
[state] => Alabama
[state_fips] => 1
[county_fips] => 1043
[dma] => 630
[metro_name] => Cullman, AL
[cbsa_name] => Cullman, AL
[county_region_id_zillow] => 1647
[metro_region_id_zillow] => 394511
[fips] => 1043
[cbsa_code] => 18980
[population_prior] => 82836
[population] => 83442
[rank] => 17
[difference] => 0.731565986
[region_id] => 1647
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,46,40,36,37,42,37,35,34,33,36,36,46,42,44,38,38,38,38,42,39,36,38,35,38,30,32,31,31,34,38,41,38,38,38,40,42,40,39,39,37,37,32,35,35,36,37,44,45,49,43,43,42,44,44,43,47,46,53,60,62,57,49,49,43,45,47,55,51,50,48,48,44,47,47,48,43,45,49,50,49,54,54,51,43,42,50,53,56,49,44,44,47,48,53,54,54,47,47,47,46,41,44,50,59,58,57,58,57,53,52,48,46"
[county] => Cullman
[flips] => 0
[purchase_price] => 0
[resale_price] => 0
[gross_margin] => 0
[flipcount_rank] => 34
[flipmargin_rank] => 32
[sale_counts_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] => 46
[31] => 40
[32] => 36
[33] => 37
[34] => 42
[35] => 37
[36] => 35
[37] => 34
[38] => 33
[39] => 36
[40] => 36
[41] => 46
[42] => 42
[43] => 44
[44] => 38
[45] => 38
[46] => 38
[47] => 38
[48] => 42
[49] => 39
[50] => 36
[51] => 38
[52] => 35
[53] => 38
[54] => 30
[55] => 32
[56] => 31
[57] => 31
[58] => 34
[59] => 38
[60] => 41
[61] => 38
[62] => 38
[63] => 38
[64] => 40
[65] => 42
[66] => 40
[67] => 39
[68] => 39
[69] => 37
[70] => 37
[71] => 32
[72] => 35
[73] => 35
[74] => 36
[75] => 37
[76] => 44
[77] => 45
[78] => 49
[79] => 43
[80] => 43
[81] => 42
[82] => 44
[83] => 44
[84] => 43
[85] => 47
[86] => 46
[87] => 53
[88] => 60
[89] => 62
[90] => 57
[91] => 49
[92] => 49
[93] => 43
[94] => 45
[95] => 47
[96] => 55
[97] => 51
[98] => 50
[99] => 48
[100] => 48
[101] => 44
[102] => 47
[103] => 47
[104] => 48
[105] => 43
[106] => 45
[107] => 49
[108] => 50
[109] => 49
[110] => 54
[111] => 54
[112] => 51
[113] => 43
[114] => 42
[115] => 50
[116] => 53
[117] => 56
[118] => 49
[119] => 44
[120] => 44
[121] => 47
[122] => 48
[123] => 53
[124] => 54
[125] => 54
[126] => 47
[127] => 47
[128] => 47
[129] => 46
[130] => 41
[131] => 44
[132] => 50
[133] => 59
[134] => 58
[135] => 57
[136] => 58
[137] => 57
[138] => 53
[139] => 52
[140] => 48
[141] => 46
)
)