House Flipping Report
Neighborhood Data
Murfreesboro, TN 37127
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 Murfreesboro, TN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Rutherford 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
Rutherford County
#4th in TN
#47th 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
$ 285,820
0.04% YoY Change
Latest Monthly Sales Count
List Price /sqft
$143
-0.02% from last quarter
Reduced Listings /Month
16
-0.2% from last quarter
Average Home Sqft
$2,450
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 Rutherford 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
Rutherford County
324,890
2.59%
#5th in TN
37127
15,786
#43rd 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] => 35725
[country] => USA
[zip] => 37127
[city] => Murfreesboro
[state] => Tennessee
[state_abbr] => TN
[county] => Rutherford
[dma] => 659
[latitude] => 35.7755
[longitude] => -86.3319
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37127
[zip_name] => murfreesboro, tn
[flag] =>
[median_listing_price] => 307417
[median_listing_price_mm] => 0.0246
[median_listing_price_yy] => 0.0602
[active_listing_count] => 68
[active_listing_count_mm] => -0.1053
[active_listing_count_yy] => -0.299
[median_days_on_market] => 44.5
[median_days_on_market_mm] => 0.0854
[median_days_on_market_yy] => -0.3154
[new_listing_count] => 28
[new_listing_count_mm] => -0.125
[new_listing_count_yy] => 0.1667
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 16
[price_reduced_count_mm] => -0.2
[price_reduced_count_yy] => -0.2
[pending_listing_count] => 15
[pending_listing_count_mm] => -0.2105
[pending_listing_count_yy] => 0.1538
[median_listing_price_per_square_feet] => 143
[median_listing_price_per_square_feet_mm] => -0.0205
[median_listing_price_per_square_feet_yy] => 0.0484
[median_square_feet] => 2450
[median_square_feet_mm] => 0.0746
[median_square_feet_yy] => 0.1136
[average_listing_price] => 365991
[average_listing_price_mm] => 0.0227
[average_listing_price_yy] => 0.1745
[total_listing_count] => 83
[total_listing_count_mm] => -0.1263
[total_listing_count_yy] => 0.2206
[pending_ratio_mm] => -0.0294
[pending_ratio_yy] => 0.0866
[RegionID] => 74184
[RegionName] => 37127
[State] => TN
[Metro] => Nashville-Davidson--Murfreesboro--Franklin
[County] => Rutherford County
[City] => Murfreesboro
[SizeRank] => 612
[Zhvi] => 250400
[MoM] => 0.000399521
[QoQ] => 0.000799361
[YoY] => 0.0402991
[5Year] => 0.0883237
[10Year] => 0.0491323
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 250400
[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] => 15786
[zip_rank] => 143
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] => "186700,177900,194500,182000,179900,179900,181900,179900,174900,170450,169450,169900,174800,172249.5,174900,174900,159900,169900,169900,169900,171200,169900,174900,174900,171900,169900,168850,169850,169900,168900,166450,170000,169900,169900,169900,162900,159990,157500,164900,173900,174990,179250,184900,184900,183900,184900,181900,181445,181445,189900,188250,192900,190450,194995,199900,198900,204900,209900,209900,204995,204495,216900,214400,205990,215900,214900,215900,213945,214900,210000,209900,215450,217450,196400,208700,224900,224900,238750,244950,249900,244900,234900,216900,207000,208400,214900,219990,239900,244990,254500,244900,244900,256500,254900,274999,269900,249500,259900,253000,256450,259900,266450,266900,274900,274900,279900,285900,284990,284945,289900,279900,279995,284995,277450,278996,284900,286185.5,289900,280000,285820"
[list_prices_exploded] => Array
(
[0] => 186700
[1] => 177900
[2] => 194500
[3] => 182000
[4] => 179900
[5] => 179900
[6] => 181900
[7] => 179900
[8] => 174900
[9] => 170450
[10] => 169450
[11] => 169900
[12] => 174800
[13] => 172249.5
[14] => 174900
[15] => 174900
[16] => 159900
[17] => 169900
[18] => 169900
[19] => 169900
[20] => 171200
[21] => 169900
[22] => 174900
[23] => 174900
[24] => 171900
[25] => 169900
[26] => 168850
[27] => 169850
[28] => 169900
[29] => 168900
[30] => 166450
[31] => 170000
[32] => 169900
[33] => 169900
[34] => 169900
[35] => 162900
[36] => 159990
[37] => 157500
[38] => 164900
[39] => 173900
[40] => 174990
[41] => 179250
[42] => 184900
[43] => 184900
[44] => 183900
[45] => 184900
[46] => 181900
[47] => 181445
[48] => 181445
[49] => 189900
[50] => 188250
[51] => 192900
[52] => 190450
[53] => 194995
[54] => 199900
[55] => 198900
[56] => 204900
[57] => 209900
[58] => 209900
[59] => 204995
[60] => 204495
[61] => 216900
[62] => 214400
[63] => 205990
[64] => 215900
[65] => 214900
[66] => 215900
[67] => 213945
[68] => 214900
[69] => 210000
[70] => 209900
[71] => 215450
[72] => 217450
[73] => 196400
[74] => 208700
[75] => 224900
[76] => 224900
[77] => 238750
[78] => 244950
[79] => 249900
[80] => 244900
[81] => 234900
[82] => 216900
[83] => 207000
[84] => 208400
[85] => 214900
[86] => 219990
[87] => 239900
[88] => 244990
[89] => 254500
[90] => 244900
[91] => 244900
[92] => 256500
[93] => 254900
[94] => 274999
[95] => 269900
[96] => 249500
[97] => 259900
[98] => 253000
[99] => 256450
[100] => 259900
[101] => 266450
[102] => 266900
[103] => 274900
[104] => 274900
[105] => 279900
[106] => 285900
[107] => 284990
[108] => 284945
[109] => 289900
[110] => 279900
[111] => 279995
[112] => 284995
[113] => 277450
[114] => 278996
[115] => 284900
[116] => 286185.5
[117] => 289900
[118] => 280000
[119] => 285820
)
)
Array
(
[county_name] => Rutherford
[state] => Tennessee
[state_fips] => 47
[county_fips] => 47149
[dma] => 659
[metro_name] => Nashville, TN
[cbsa_name] => Nashville-Davidson--Murfreesboro--Franklin, TN
[county_region_id_zillow] => 3016
[metro_region_id_zillow] => 394902
[fips] => 47149
[cbsa_code] => 34980
[population_prior] => 316677
[population] => 324890
[rank] => 5
[difference] => 2.593494318
[region_id] => 3016
[sale_counts] => "584,557,446,440,421,409,387,358,341,319,351,405,418,407,370,386,381,372,376,393,422,417,419,438,479,499,475,449,376,330,289,293,293,292,327,387,407,361,314,293,307,300,301,308,332,351,402,442,452,431,398,385,375,369,363,362,366,392,446,485,485,477,482,516,537,522,514,488,502,524,558,587,585,585,560,550,529,538,552,570,556,578,575,607,610,610,624,635,672,664,679,648,600,590,624,722,732,714,662,670,668,687,685,705,727,707,724,704,705,648,624,613,629,654,669,682,684,648,644,664,689,703,686,702,699,706,673,666,630,613,614,644,668,674,686,713,741,751,766,778,779,"
[county] => Rutherford
[flips] => 670
[purchase_price] => 174000
[resale_price] => 235000
[gross_margin] => 61000
[flipcount_rank] => 4
[flipmargin_rank] => 47
[sale_counts_exploded] => Array
(
[0] => 584
[1] => 557
[2] => 446
[3] => 440
[4] => 421
[5] => 409
[6] => 387
[7] => 358
[8] => 341
[9] => 319
[10] => 351
[11] => 405
[12] => 418
[13] => 407
[14] => 370
[15] => 386
[16] => 381
[17] => 372
[18] => 376
[19] => 393
[20] => 422
[21] => 417
[22] => 419
[23] => 438
[24] => 479
[25] => 499
[26] => 475
[27] => 449
[28] => 376
[29] => 330
[30] => 289
[31] => 293
[32] => 293
[33] => 292
[34] => 327
[35] => 387
[36] => 407
[37] => 361
[38] => 314
[39] => 293
[40] => 307
[41] => 300
[42] => 301
[43] => 308
[44] => 332
[45] => 351
[46] => 402
[47] => 442
[48] => 452
[49] => 431
[50] => 398
[51] => 385
[52] => 375
[53] => 369
[54] => 363
[55] => 362
[56] => 366
[57] => 392
[58] => 446
[59] => 485
[60] => 485
[61] => 477
[62] => 482
[63] => 516
[64] => 537
[65] => 522
[66] => 514
[67] => 488
[68] => 502
[69] => 524
[70] => 558
[71] => 587
[72] => 585
[73] => 585
[74] => 560
[75] => 550
[76] => 529
[77] => 538
[78] => 552
[79] => 570
[80] => 556
[81] => 578
[82] => 575
[83] => 607
[84] => 610
[85] => 610
[86] => 624
[87] => 635
[88] => 672
[89] => 664
[90] => 679
[91] => 648
[92] => 600
[93] => 590
[94] => 624
[95] => 722
[96] => 732
[97] => 714
[98] => 662
[99] => 670
[100] => 668
[101] => 687
[102] => 685
[103] => 705
[104] => 727
[105] => 707
[106] => 724
[107] => 704
[108] => 705
[109] => 648
[110] => 624
[111] => 613
[112] => 629
[113] => 654
[114] => 669
[115] => 682
[116] => 684
[117] => 648
[118] => 644
[119] => 664
[120] => 689
[121] => 703
[122] => 686
[123] => 702
[124] => 699
[125] => 706
[126] => 673
[127] => 666
[128] => 630
[129] => 613
[130] => 614
[131] => 644
[132] => 668
[133] => 674
[134] => 686
[135] => 713
[136] => 741
[137] => 751
[138] => 766
[139] => 778
[140] => 779
[141] =>
)
)