Centre, AL 35960

Flip Market Report

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 Centre, AL. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Cherokee 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
Cherokee County #21st in AL
#19th 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.

35960 Historical Monthly Listing Prices

Latest Median Sale Price

$ 192,450

0.06% YoY Change
Cherokee Historical Monthly Home Sales

Latest Monthly Sales Count

List Price /sqft

$108

-0.13% from last quarter

Avg. Days on Market

131

0.1% from last year

Average Home Sqft

$1,675

0.03% from last year

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Cherokee 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
Cherokee County 26,032 0.84% #40th in AL
35960 10,087 #70th in AL
Home Searches

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.

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