House Flipping Report
Neighborhood Data
Franklin, TN 37069
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
$ 649,900
0.07% YoY Change
Latest Monthly Sales Count
455
List Price /sqft
$238
0.06% from last quarter
Reduced Listings /Month
4
-0.67% from last quarter
Average Home Sqft
$5,259
0.16% 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
37069
18,899
#17th 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] => 35931
[country] => USA
[zip] => 37069
[city] => Franklin
[state] => Tennessee
[state_abbr] => TN
[county] => Williamson
[dma] => 659
[latitude] => 35.9917
[longitude] => -86.9155
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37069
[zip_name] => franklin, tn
[flag] =>
[median_listing_price] => 1249050
[median_listing_price_mm] => 0.0861
[median_listing_price_yy] => 0.391
[active_listing_count] => 66
[active_listing_count_mm] => -0.1852
[active_listing_count_yy] => -0.3889
[median_days_on_market] => 82
[median_days_on_market_mm] => 0.2615
[median_days_on_market_yy] => 0.025
[new_listing_count] => 16
[new_listing_count_mm] => -0.5556
[new_listing_count_yy] => 0.3333
[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] => -0.6667
[pending_listing_count] => 21
[pending_listing_count_mm] => -0.087
[pending_listing_count_yy] => 0.75
[median_listing_price_per_square_feet] => 238
[median_listing_price_per_square_feet_mm] => 0.0646
[median_listing_price_per_square_feet_yy] => 0.1604
[median_square_feet] => 5259
[median_square_feet_mm] => 0.0365
[median_square_feet_yy] => 0.1571
[average_listing_price] => 2010661
[average_listing_price_mm] => 0.0819
[average_listing_price_yy] => 0.2859
[total_listing_count] => 87
[total_listing_count_mm] => -0.1635
[total_listing_count_yy] => 0.3182
[pending_ratio_mm] => 0.0342
[pending_ratio_yy] => 0.2071
[RegionID] => 74150
[RegionName] => 37069
[State] => TN
[Metro] => Nashville-Davidson--Murfreesboro--Franklin
[County] => Williamson County
[City] => Franklin
[SizeRank] => 625
[Zhvi] => 506900
[MoM] => 0.00555445
[QoQ] => 0.0107677
[YoY] => 0.0689582
[5Year] => 0.0585981
[10Year] => 0.0457415
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 506900
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 11961
[purchase_price] => 101821
[resale_price] => 171717
[gross_margin] => 69896
[flipcount_rank] => 7
[flipmargin_rank] => 25
[counties] => 95
[zip_population] => 18899
[zip_rank] => 117
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,725000,725000,790000,758950,719000,669000,614900,639000,599900,647000,607400,582400,612450,596500,561005,589900,573035,599900,599900,649900"
[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] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] =>
[93] =>
[94] =>
[95] =>
[96] =>
[97] =>
[98] =>
[99] =>
[100] => 725000
[101] => 725000
[102] => 790000
[103] => 758950
[104] => 719000
[105] => 669000
[106] => 614900
[107] => 639000
[108] => 599900
[109] => 647000
[110] => 607400
[111] => 582400
[112] => 612450
[113] => 596500
[114] => 561005
[115] => 589900
[116] => 573035
[117] => 599900
[118] => 599900
[119] => 649900
)
)
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
)
)