House Flipping Report
Neighborhood Data
Nashville, TN 37203
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 Nashville, TN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Davidson 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
Davidson County
#2nd in TN
#36th 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
$ 495,334
0.01% YoY Change
Latest Monthly Sales Count
1,289
List Price /sqft
$368
0.05% from last quarter
Average Home Sqft
$1,775
0.02% 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 Davidson 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
Davidson County
692,587
0.52%
#2nd in TN
37203
11,883
#81st 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] => 35265
[country] => USA
[zip] => 37203
[city] => Nashville
[state] => Tennessee
[state_abbr] => TN
[county] => Davidson
[dma] => 659
[latitude] => 36.1505
[longitude] => -86.7915
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37203
[zip_name] => nashville, tn
[flag] =>
[median_listing_price] => 550000
[median_listing_price_mm] => -0.035
[median_listing_price_yy] => 0.0576
[active_listing_count] => 63
[active_listing_count_mm] => 0.05
[active_listing_count_yy] => -0.55
[median_days_on_market] => 39
[median_days_on_market_mm] => 0
[median_days_on_market_yy] => -0.35
[new_listing_count] => 20
[new_listing_count_mm] => -0.2857
[new_listing_count_yy] => -0.1667
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] => -1
[price_reduced_count_yy] => -1
[pending_listing_count] => 18
[pending_listing_count_mm] => -0.28
[pending_listing_count_yy] => -0.3333
[median_listing_price_per_square_feet] => 368
[median_listing_price_per_square_feet_mm] => 0.0547
[median_listing_price_per_square_feet_yy] => 0.1691
[median_square_feet] => 1775
[median_square_feet_mm] => -0.0493
[median_square_feet_yy] => 0.0242
[average_listing_price] => 633651
[average_listing_price_mm] => -0.0477
[average_listing_price_yy] => 0.0418
[total_listing_count] => 81
[total_listing_count_mm] => -0.0471
[total_listing_count_yy] => 0.2857
[pending_ratio_mm] => -0.131
[pending_ratio_yy] => 0.0929
[RegionID] => 74234
[RegionName] => 37203
[State] => TN
[Metro] => Nashville-Davidson--Murfreesboro--Franklin
[County] => Davidson County
[City] => Nashville
[SizeRank] => 229
[Zhvi] => 399700
[MoM] => 0.00100175
[QoQ] => -0.00670974
[YoY] => 0.0106195
[5Year] => 0.0884771
[10Year] => 0.06095
[PeakMonth] => 2019-02
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 407300
[PctFallFromPeak] => -0.0186595
[LastTimeAtCurrZHVI] => 2018-11
[flips] => 11961
[purchase_price] => 101821
[resale_price] => 171717
[gross_margin] => 69896
[flipcount_rank] => 7
[flipmargin_rank] => 25
[counties] => 95
[zip_population] => 11883
[zip_rank] => 181
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] => "293400,294450,319000,299992,299900,299900,297424.5,289000,299900,279900,274900,309950,289450,263950,263950,278950,279900,262900,260000,260000,249000,245900,249900,249900,259900,264400,259900,265200,271950,274950,279900,287450,299450,299946,309450,302450,285120,289135,309900,314950,309000,3.00E+05,315000,319000,334990,354950,354500,354700,349950,359000,349900,364900,342445,382400,385000,385000,389900,389900,382450,399900,399999.5,399900,391750,382900,384500,399000,394450,382900,382500,384700,405000,418900,439000,450000,465000,483840,499450,499000,509000,525000,529900,519900,515000,5.00E+05,5.00E+05,515000,514900,534900,594450,599000,559000,599900,574950,588700,579450,579450,577498.5,584900,539900,529000,529900,529450,524950,509900,509900,517450,515450,509900,505900,499000,492500,475000,475000,465000,449950,459900,475000,495667,511150,495334"
[list_prices_exploded] => Array
(
[0] => 293400
[1] => 294450
[2] => 319000
[3] => 299992
[4] => 299900
[5] => 299900
[6] => 297424.5
[7] => 289000
[8] => 299900
[9] => 279900
[10] => 274900
[11] => 309950
[12] => 289450
[13] => 263950
[14] => 263950
[15] => 278950
[16] => 279900
[17] => 262900
[18] => 260000
[19] => 260000
[20] => 249000
[21] => 245900
[22] => 249900
[23] => 249900
[24] => 259900
[25] => 264400
[26] => 259900
[27] => 265200
[28] => 271950
[29] => 274950
[30] => 279900
[31] => 287450
[32] => 299450
[33] => 299946
[34] => 309450
[35] => 302450
[36] => 285120
[37] => 289135
[38] => 309900
[39] => 314950
[40] => 309000
[41] => 3.00E+05
[42] => 315000
[43] => 319000
[44] => 334990
[45] => 354950
[46] => 354500
[47] => 354700
[48] => 349950
[49] => 359000
[50] => 349900
[51] => 364900
[52] => 342445
[53] => 382400
[54] => 385000
[55] => 385000
[56] => 389900
[57] => 389900
[58] => 382450
[59] => 399900
[60] => 399999.5
[61] => 399900
[62] => 391750
[63] => 382900
[64] => 384500
[65] => 399000
[66] => 394450
[67] => 382900
[68] => 382500
[69] => 384700
[70] => 405000
[71] => 418900
[72] => 439000
[73] => 450000
[74] => 465000
[75] => 483840
[76] => 499450
[77] => 499000
[78] => 509000
[79] => 525000
[80] => 529900
[81] => 519900
[82] => 515000
[83] => 5.00E+05
[84] => 5.00E+05
[85] => 515000
[86] => 514900
[87] => 534900
[88] => 594450
[89] => 599000
[90] => 559000
[91] => 599900
[92] => 574950
[93] => 588700
[94] => 579450
[95] => 579450
[96] => 577498.5
[97] => 584900
[98] => 539900
[99] => 529000
[100] => 529900
[101] => 529450
[102] => 524950
[103] => 509900
[104] => 509900
[105] => 517450
[106] => 515450
[107] => 509900
[108] => 505900
[109] => 499000
[110] => 492500
[111] => 475000
[112] => 475000
[113] => 465000
[114] => 449950
[115] => 459900
[116] => 475000
[117] => 495667
[118] => 511150
[119] => 495334
)
)
Array
(
[county_name] => Davidson
[state] => Tennessee
[state_fips] => 47
[county_fips] => 47037
[dma] => 659
[metro_name] => Nashville, TN
[cbsa_name] => Nashville-Davidson--Murfreesboro--Franklin, TN
[county_region_id_zillow] => 2243
[metro_region_id_zillow] => 394902
[fips] => 47037
[cbsa_code] => 34980
[population_prior] => 689006
[population] => 692587
[rank] => 2
[difference] => 0.519734226
[region_id] => 2243
[sale_counts] => "883,857,737,739,743,737,712,666,592,545,514,573,580,577,540,568,609,641,661,686,771,774,718,641,644,694,690,692,626,587,530,528,538,544,581,670,688,679,603,592,591,620,633,601,580,571,670,760,777,757,723,749,755,781,773,801,796,824,846,879,879,909,913,965,966,945,929,903,913,892,920,960,988,999,988,1015,1036,1049,1128,1135,1144,1098,1125,1143,1147,1097,1073,1106,1156,1174,1165,1143,1090,1093,1086,1223,1212,1208,1132,1140,1124,1154,1128,1140,1111,1128,1189,1256,1276,1185,1138,1090,1117,1112,1112,1120,1131,1129,1181,1190,1197,1154,1134,1127,1102,1097,1079,1090,1076,1088,1148,1222,1248,1225,1207,1186,1185,1148,1182,1176,1194,1289"
[county] => Davidson
[flips] => 1298
[purchase_price] => 190185
[resale_price] => 259421
[gross_margin] => 69236
[flipcount_rank] => 2
[flipmargin_rank] => 36
[sale_counts_exploded] => Array
(
[0] => 883
[1] => 857
[2] => 737
[3] => 739
[4] => 743
[5] => 737
[6] => 712
[7] => 666
[8] => 592
[9] => 545
[10] => 514
[11] => 573
[12] => 580
[13] => 577
[14] => 540
[15] => 568
[16] => 609
[17] => 641
[18] => 661
[19] => 686
[20] => 771
[21] => 774
[22] => 718
[23] => 641
[24] => 644
[25] => 694
[26] => 690
[27] => 692
[28] => 626
[29] => 587
[30] => 530
[31] => 528
[32] => 538
[33] => 544
[34] => 581
[35] => 670
[36] => 688
[37] => 679
[38] => 603
[39] => 592
[40] => 591
[41] => 620
[42] => 633
[43] => 601
[44] => 580
[45] => 571
[46] => 670
[47] => 760
[48] => 777
[49] => 757
[50] => 723
[51] => 749
[52] => 755
[53] => 781
[54] => 773
[55] => 801
[56] => 796
[57] => 824
[58] => 846
[59] => 879
[60] => 879
[61] => 909
[62] => 913
[63] => 965
[64] => 966
[65] => 945
[66] => 929
[67] => 903
[68] => 913
[69] => 892
[70] => 920
[71] => 960
[72] => 988
[73] => 999
[74] => 988
[75] => 1015
[76] => 1036
[77] => 1049
[78] => 1128
[79] => 1135
[80] => 1144
[81] => 1098
[82] => 1125
[83] => 1143
[84] => 1147
[85] => 1097
[86] => 1073
[87] => 1106
[88] => 1156
[89] => 1174
[90] => 1165
[91] => 1143
[92] => 1090
[93] => 1093
[94] => 1086
[95] => 1223
[96] => 1212
[97] => 1208
[98] => 1132
[99] => 1140
[100] => 1124
[101] => 1154
[102] => 1128
[103] => 1140
[104] => 1111
[105] => 1128
[106] => 1189
[107] => 1256
[108] => 1276
[109] => 1185
[110] => 1138
[111] => 1090
[112] => 1117
[113] => 1112
[114] => 1112
[115] => 1120
[116] => 1131
[117] => 1129
[118] => 1181
[119] => 1190
[120] => 1197
[121] => 1154
[122] => 1134
[123] => 1127
[124] => 1102
[125] => 1097
[126] => 1079
[127] => 1090
[128] => 1076
[129] => 1088
[130] => 1148
[131] => 1222
[132] => 1248
[133] => 1225
[134] => 1207
[135] => 1186
[136] => 1185
[137] => 1148
[138] => 1182
[139] => 1176
[140] => 1194
[141] => 1289
)
)