House Flipping Report
Neighborhood Data
Lafayette, TN 37083
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 Lafayette, TN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Macon 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
Macon County
#40th in TN
#60th 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
$ 179,900
0.09% YoY Change
Latest Monthly Sales Count
35
List Price /sqft
$112
even from last quarter
Reduced Listings /Month
12
-0.25% from last quarter
Average Home Sqft
$1,668
0.08% 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 Macon 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
Macon County
24,265
1.56%
#60th in TN
37083
13,909
#61st 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] => 35600
[country] => USA
[zip] => 37083
[city] => Lafayette
[state] => Tennessee
[state_abbr] => TN
[county] => Macon
[dma] => 659
[latitude] => 36.5304
[longitude] => -86.0059
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37083
[zip_name] => lafayette, tn
[flag] =>
[median_listing_price] => 189950
[median_listing_price_mm] => 0
[median_listing_price_yy] => 0.0556
[active_listing_count] => 49
[active_listing_count_mm] => -0.2222
[active_listing_count_yy] => -0.2344
[median_days_on_market] => 56
[median_days_on_market_mm] => 0.2727
[median_days_on_market_yy] => -0.3
[new_listing_count] => 4
[new_listing_count_mm] => -0.75
[new_listing_count_yy] => -0.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.25
[price_reduced_count_yy] => 2
[pending_listing_count] => 21
[pending_listing_count_mm] => 0.1053
[pending_listing_count_yy] => 1.3333
[median_listing_price_per_square_feet] => 112
[median_listing_price_per_square_feet_mm] => 0
[median_listing_price_per_square_feet_yy] => -0.0254
[median_square_feet] => 1668
[median_square_feet_mm] => 0.0262
[median_square_feet_yy] => 0.0821
[average_listing_price] => 223250
[average_listing_price_mm] => 0.0051
[average_listing_price_yy] => -0.0047
[total_listing_count] => 70
[total_listing_count_mm] => -0.1463
[total_listing_count_yy] => 0.4286
[pending_ratio_mm] => 0.127
[pending_ratio_yy] => 0.2879
[RegionID] => 74163
[RegionName] => 37083
[State] => TN
[Metro] => Nashville-Davidson--Murfreesboro--Franklin
[County] => Macon County
[City] => Lafayette
[SizeRank] => 687
[Zhvi] => 123600
[MoM] => 0.00569569
[QoQ] => 0.0325815
[YoY] => 0.0938053
[5Year] => 0.0989877
[10Year] => 0.0558188
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 123600
[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] => 13909
[zip_rank] => 161
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,139900,140000,152400,154900,149900,154900,154900,149900,148400,149900,142900,139900,149900,169900,169900,174700,174900,172000,179900,178500,176000,176000,169900,169900,169900,172400,174900,174900,174900,169900,169900,179900,179900"
[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] => 139900
[88] => 140000
[89] => 152400
[90] => 154900
[91] => 149900
[92] => 154900
[93] => 154900
[94] => 149900
[95] => 148400
[96] => 149900
[97] => 142900
[98] => 139900
[99] => 149900
[100] => 169900
[101] => 169900
[102] => 174700
[103] => 174900
[104] => 172000
[105] => 179900
[106] => 178500
[107] => 176000
[108] => 176000
[109] => 169900
[110] => 169900
[111] => 169900
[112] => 172400
[113] => 174900
[114] => 174900
[115] => 174900
[116] => 169900
[117] => 169900
[118] => 179900
[119] => 179900
)
)
Array
(
[county_name] => Macon
[state] => Tennessee
[state_fips] => 47
[county_fips] => 47111
[dma] => 659
[metro_name] => Nashville, TN
[cbsa_name] => Nashville-Davidson--Murfreesboro--Franklin, TN
[county_region_id_zillow] => 623
[metro_region_id_zillow] => 394902
[fips] => 47111
[cbsa_code] => 34980
[population_prior] => 23892
[population] => 24265
[rank] => 60
[difference] => 1.561192031
[region_id] => 623
[sale_counts] => "37,40,37,31,21,20,22,24,21,20,20,21,20,22,25,26,25,22,23,25,27,28,27,27,25,25,24,28,26,32,29,30,24,21,21,21,19,21,21,26,23,25,25,25,21,19,18,21,26,28,31,28,27,25,29,32,30,24,21,23,24,27,26,27,29,35,37,34,31,30,30,29,29,31,31,29,29,28,34,36,33,31,31,33,34,30,29,31,36,37,37,33,36,37,43,42,43,40,40,40,36,35,33,44,44,47,42,40,43,39,43,38,38,34,32,33,36,37,36,37,37,39,38,41,39,42,41,42,37,34,35,35,38,36,39,37,43,43,48,45,40,35"
[county] => Macon
[flips] => 60
[purchase_price] => 49897
[resale_price] => 101052
[gross_margin] => 51155
[flipcount_rank] => 40
[flipmargin_rank] => 60
[sale_counts_exploded] => Array
(
[0] => 37
[1] => 40
[2] => 37
[3] => 31
[4] => 21
[5] => 20
[6] => 22
[7] => 24
[8] => 21
[9] => 20
[10] => 20
[11] => 21
[12] => 20
[13] => 22
[14] => 25
[15] => 26
[16] => 25
[17] => 22
[18] => 23
[19] => 25
[20] => 27
[21] => 28
[22] => 27
[23] => 27
[24] => 25
[25] => 25
[26] => 24
[27] => 28
[28] => 26
[29] => 32
[30] => 29
[31] => 30
[32] => 24
[33] => 21
[34] => 21
[35] => 21
[36] => 19
[37] => 21
[38] => 21
[39] => 26
[40] => 23
[41] => 25
[42] => 25
[43] => 25
[44] => 21
[45] => 19
[46] => 18
[47] => 21
[48] => 26
[49] => 28
[50] => 31
[51] => 28
[52] => 27
[53] => 25
[54] => 29
[55] => 32
[56] => 30
[57] => 24
[58] => 21
[59] => 23
[60] => 24
[61] => 27
[62] => 26
[63] => 27
[64] => 29
[65] => 35
[66] => 37
[67] => 34
[68] => 31
[69] => 30
[70] => 30
[71] => 29
[72] => 29
[73] => 31
[74] => 31
[75] => 29
[76] => 29
[77] => 28
[78] => 34
[79] => 36
[80] => 33
[81] => 31
[82] => 31
[83] => 33
[84] => 34
[85] => 30
[86] => 29
[87] => 31
[88] => 36
[89] => 37
[90] => 37
[91] => 33
[92] => 36
[93] => 37
[94] => 43
[95] => 42
[96] => 43
[97] => 40
[98] => 40
[99] => 40
[100] => 36
[101] => 35
[102] => 33
[103] => 44
[104] => 44
[105] => 47
[106] => 42
[107] => 40
[108] => 43
[109] => 39
[110] => 43
[111] => 38
[112] => 38
[113] => 34
[114] => 32
[115] => 33
[116] => 36
[117] => 37
[118] => 36
[119] => 37
[120] => 37
[121] => 39
[122] => 38
[123] => 41
[124] => 39
[125] => 42
[126] => 41
[127] => 42
[128] => 37
[129] => 34
[130] => 35
[131] => 35
[132] => 38
[133] => 36
[134] => 39
[135] => 37
[136] => 43
[137] => 43
[138] => 48
[139] => 45
[140] => 40
[141] => 35
)
)