House Flipping Report
Neighborhood Data
Franklin, TN 37067
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 Franklin, TN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Williamson County , we've been able to rank it against its peer counties within Tennessee. To provide an even fuller picture, we also ranked Tennessee against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Tennessee
#7th in US
#25th in US
Williamson County
#8th in TN
#1st in TN
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
$ 582,450
0.04% YoY Change
Latest Monthly Sales Count
455
List Price /sqft
$201
0.02% from last quarter
Reduced Listings /Month
4
-0.8% from last quarter
Average Home Sqft
$3,670
0.11% 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 Williamson County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Tennessee
6,770,010
0.91%
#16th in US
Williamson County
231,729
2.57%
#6th in TN
37067
23,652
#95th in TN
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] => 35929
[country] => USA
[zip] => 37067
[city] => Franklin
[state] => Tennessee
[state_abbr] => TN
[county] => Williamson
[dma] => 659
[latitude] => 35.9086
[longitude] => -86.7784
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37067
[zip_name] => franklin, tn
[flag] =>
[median_listing_price] => 714450
[median_listing_price_mm] => 0.0207
[median_listing_price_yy] => 0.2576
[active_listing_count] => 64
[active_listing_count_mm] => -0.1688
[active_listing_count_yy] => -0.2889
[median_days_on_market] => 40.5
[median_days_on_market_mm] => -0.0122
[median_days_on_market_yy] => -0.0581
[new_listing_count] => 24
[new_listing_count_mm] => -0.4
[new_listing_count_yy] => -0.4
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.8
[price_reduced_count_yy] => -0.8
[pending_listing_count] => 22
[pending_listing_count_mm] => 0.0476
[pending_listing_count_yy] => -0.2903
[median_listing_price_per_square_feet] => 201
[median_listing_price_per_square_feet_mm] => 0.0243
[median_listing_price_per_square_feet_yy] => 0.1099
[median_square_feet] => 3670
[median_square_feet_mm] => 0.0082
[median_square_feet_yy] => 0.1098
[average_listing_price] => 856409
[average_listing_price_mm] => 0.0191
[average_listing_price_yy] => 0.2176
[total_listing_count] => 86
[total_listing_count_mm] => -0.1224
[total_listing_count_yy] => 0.3438
[pending_ratio_mm] => 0.071
[pending_ratio_yy] => -7.00E-0
[RegionID] => 74148
[RegionName] => 37067
[State] => TN
[Metro] => Nashville-Davidson--Murfreesboro--Franklin
[County] => Williamson County
[City] => Franklin
[SizeRank] => 308
[Zhvi] => 496600
[MoM] => 0.00141157
[QoQ] => 0.0050597
[YoY] => 0.0363105
[5Year] => 0.0471622
[10Year] => 0.0383057
[PeakMonth] => 2019-04
[PeakQuarter] => 2019-Q2
[PeakZHVI] => 498400
[PctFallFromPeak] => -0.00361156
[LastTimeAtCurrZHVI] => 2019-03
[flips] => 11961
[purchase_price] => 101821
[resale_price] => 171717
[gross_margin] => 69896
[flipcount_rank] => 7
[flipmargin_rank] => 25
[counties] => 95
[zip_population] => 23652
[zip_rank] => 95
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] => "391000,387500,399000,379900,377800,373875,379777,383121.5,381743,383900,379900,379450,377352,373900,373900,369900,373900,379900,380430,375900,390000,4.00E+05,415000,428950,425000,418500,409000,419900,409900,415000,412000,421400,419900,416450,429000,429000,432450,437900,435950,437900,444900,447900,455400,456650,481400,505150,505400,505650,508450,503900,483400,498910,519988,508700,519900,511900,529900,529900,545900,554945,549900,558900,537400,498000,514950,499900,498250,499900,495000,487000,475900,464450,492942,499900,518990,468990,444400,450495,452998.5,449900,457250,460000,469470,460990,474900,484900,539900,554500,534495,529000,525000,510000,519000,499945,487400,549900,519945,547000,579900,568995,589900,559900,565577.5,549900,549900,537760,539000,539945,539900,560000,549900,549900,569445,559000,572495,557499.5,567200,575000,591152,582450"
[list_prices_exploded] => Array
(
[0] => 391000
[1] => 387500
[2] => 399000
[3] => 379900
[4] => 377800
[5] => 373875
[6] => 379777
[7] => 383121.5
[8] => 381743
[9] => 383900
[10] => 379900
[11] => 379450
[12] => 377352
[13] => 373900
[14] => 373900
[15] => 369900
[16] => 373900
[17] => 379900
[18] => 380430
[19] => 375900
[20] => 390000
[21] => 4.00E+05
[22] => 415000
[23] => 428950
[24] => 425000
[25] => 418500
[26] => 409000
[27] => 419900
[28] => 409900
[29] => 415000
[30] => 412000
[31] => 421400
[32] => 419900
[33] => 416450
[34] => 429000
[35] => 429000
[36] => 432450
[37] => 437900
[38] => 435950
[39] => 437900
[40] => 444900
[41] => 447900
[42] => 455400
[43] => 456650
[44] => 481400
[45] => 505150
[46] => 505400
[47] => 505650
[48] => 508450
[49] => 503900
[50] => 483400
[51] => 498910
[52] => 519988
[53] => 508700
[54] => 519900
[55] => 511900
[56] => 529900
[57] => 529900
[58] => 545900
[59] => 554945
[60] => 549900
[61] => 558900
[62] => 537400
[63] => 498000
[64] => 514950
[65] => 499900
[66] => 498250
[67] => 499900
[68] => 495000
[69] => 487000
[70] => 475900
[71] => 464450
[72] => 492942
[73] => 499900
[74] => 518990
[75] => 468990
[76] => 444400
[77] => 450495
[78] => 452998.5
[79] => 449900
[80] => 457250
[81] => 460000
[82] => 469470
[83] => 460990
[84] => 474900
[85] => 484900
[86] => 539900
[87] => 554500
[88] => 534495
[89] => 529000
[90] => 525000
[91] => 510000
[92] => 519000
[93] => 499945
[94] => 487400
[95] => 549900
[96] => 519945
[97] => 547000
[98] => 579900
[99] => 568995
[100] => 589900
[101] => 559900
[102] => 565577.5
[103] => 549900
[104] => 549900
[105] => 537760
[106] => 539000
[107] => 539945
[108] => 539900
[109] => 560000
[110] => 549900
[111] => 549900
[112] => 569445
[113] => 559000
[114] => 572495
[115] => 557499.5
[116] => 567200
[117] => 575000
[118] => 591152
[119] => 582450
)
)
Array
(
[county_name] => Williamson
[state] => Tennessee
[state_fips] => 47
[county_fips] => 47187
[dma] => 659
[metro_name] => Nashville, TN
[cbsa_name] => Nashville-Davidson--Murfreesboro--Franklin, TN
[county_region_id_zillow] => 3080
[metro_region_id_zillow] => 394902
[fips] => 47187
[cbsa_code] => 34980
[population_prior] => 225920
[population] => 231729
[rank] => 6
[difference] => 2.571264164
[region_id] => 3080
[sale_counts] => "258,227,216,209,212,202,202,190,181,160,167,193,199,181,149,162,182,197,201,195,223,230,241,226,231,229,234,230,224,199,187,180,202,212,253,266,264,238,219,221,221,229,214,210,214,235,274,289,276,263,240,250,264,278,275,259,235,241,272,324,323,313,311,341,362,363,352,323,313,324,348,390,379,354,315,329,349,345,349,335,354,337,366,381,405,382,362,377,396,403,405,393,380,365,394,423,406,369,350,363,368,375,372,376,370,368,403,435,441,405,371,374,375,385,377,377,379,382,444,452,456,405,398,395,381,377,367,374,374,367,423,458,468,413,400,412,431,412,409,398,429,455"
[county] => Williamson
[flips] => 355
[purchase_price] => 303067
[resale_price] => 443318
[gross_margin] => 140251
[flipcount_rank] => 8
[flipmargin_rank] => 1
[sale_counts_exploded] => Array
(
[0] => 258
[1] => 227
[2] => 216
[3] => 209
[4] => 212
[5] => 202
[6] => 202
[7] => 190
[8] => 181
[9] => 160
[10] => 167
[11] => 193
[12] => 199
[13] => 181
[14] => 149
[15] => 162
[16] => 182
[17] => 197
[18] => 201
[19] => 195
[20] => 223
[21] => 230
[22] => 241
[23] => 226
[24] => 231
[25] => 229
[26] => 234
[27] => 230
[28] => 224
[29] => 199
[30] => 187
[31] => 180
[32] => 202
[33] => 212
[34] => 253
[35] => 266
[36] => 264
[37] => 238
[38] => 219
[39] => 221
[40] => 221
[41] => 229
[42] => 214
[43] => 210
[44] => 214
[45] => 235
[46] => 274
[47] => 289
[48] => 276
[49] => 263
[50] => 240
[51] => 250
[52] => 264
[53] => 278
[54] => 275
[55] => 259
[56] => 235
[57] => 241
[58] => 272
[59] => 324
[60] => 323
[61] => 313
[62] => 311
[63] => 341
[64] => 362
[65] => 363
[66] => 352
[67] => 323
[68] => 313
[69] => 324
[70] => 348
[71] => 390
[72] => 379
[73] => 354
[74] => 315
[75] => 329
[76] => 349
[77] => 345
[78] => 349
[79] => 335
[80] => 354
[81] => 337
[82] => 366
[83] => 381
[84] => 405
[85] => 382
[86] => 362
[87] => 377
[88] => 396
[89] => 403
[90] => 405
[91] => 393
[92] => 380
[93] => 365
[94] => 394
[95] => 423
[96] => 406
[97] => 369
[98] => 350
[99] => 363
[100] => 368
[101] => 375
[102] => 372
[103] => 376
[104] => 370
[105] => 368
[106] => 403
[107] => 435
[108] => 441
[109] => 405
[110] => 371
[111] => 374
[112] => 375
[113] => 385
[114] => 377
[115] => 377
[116] => 379
[117] => 382
[118] => 444
[119] => 452
[120] => 456
[121] => 405
[122] => 398
[123] => 395
[124] => 381
[125] => 377
[126] => 367
[127] => 374
[128] => 374
[129] => 367
[130] => 423
[131] => 458
[132] => 468
[133] => 413
[134] => 400
[135] => 412
[136] => 431
[137] => 412
[138] => 409
[139] => 398
[140] => 429
[141] => 455
)
)