House Flipping Report
Neighborhood Data
Benton, TN 37307
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 Benton, TN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Polk 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
Polk County
#58th in TN
#64th 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 Monthly Sales Count
24
List Price /sqft
$103
-0.01% from last quarter
Average Home Sqft
$3,126
0.44% 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 Polk 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
Polk County
16,898
0.79%
#74th in TN
37307
4,870
#2nd 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] => 35681
[country] => USA
[zip] => 37307
[city] => Benton
[state] => Tennessee
[state_abbr] => TN
[county] => Polk
[dma] => 575
[latitude] => 35.1686
[longitude] => -84.6298
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37307
[zip_name] => benton, tn
[flag] => *
[median_listing_price] => 345050
[median_listing_price_mm] => 0.0615
[median_listing_price_yy] =>
[active_listing_count] => 21
[active_listing_count_mm] => -0.125
[active_listing_count_yy] =>
[median_days_on_market] => 97.5
[median_days_on_market_mm] => 0.4552
[median_days_on_market_yy] =>
[new_listing_count] => 0
[new_listing_count_mm] => -1
[new_listing_count_yy] =>
[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] => 8
[pending_listing_count_mm] => 0
[pending_listing_count_yy] => 3
[median_listing_price_per_square_feet] => 103
[median_listing_price_per_square_feet_mm] => -0.011
[median_listing_price_per_square_feet_yy] => -0.092
[median_square_feet] => 3126
[median_square_feet_mm] => -0.0674
[median_square_feet_yy] => 0.4366
[average_listing_price] => 372222
[average_listing_price_mm] => 0.1118
[average_listing_price_yy] => 0.0744
[total_listing_count] => 29
[total_listing_count_mm] => -0.0938
[total_listing_count_yy] => 0.381
[pending_ratio_mm] => 0.0476
[pending_ratio_yy] => 0.2633
[RegionID] => 74282
[RegionName] => 37307
[State] => TN
[Metro] => Cleveland
[County] => Polk County
[City] => Benton
[SizeRank] => 110
[Zhvi] => 131500
[MoM] => -0.00378788
[QoQ] => 0.00458365
[YoY] => 0.0867769
[5Year] => 0.0846368
[10Year] => 0.0442336
[PeakMonth] => 2019-07
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 132200
[PctFallFromPeak] => -0.00529501
[LastTimeAtCurrZHVI] => 2019-07
[flips] => 11961
[purchase_price] => 101821
[resale_price] => 171717
[gross_margin] => 69896
[flipcount_rank] => 7
[flipmargin_rank] => 25
[counties] => 95
[zip_population] => 4870
[zip_rank] => 302
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] =>
[list_prices_exploded] => Array
(
[0] =>
)
)
Array
(
[county_name] => Polk
[state] => Tennessee
[state_fips] => 47
[county_fips] => 47139
[dma] => 575
[metro_name] => Cleveland, TN
[cbsa_name] => Cleveland, TN
[county_region_id_zillow] => 293
[metro_region_id_zillow] => 394474
[fips] => 47139
[cbsa_code] => 17420
[population_prior] => 16765
[population] => 16898
[rank] => 74
[difference] => 0.793319415
[region_id] => 293
[sale_counts] => "26,25,17,20,20,21,20,16,17,15,16,15,15,12,12,13,14,14,15,15,14,15,13,17,13,16,12,14,14,15,18,15,14,12,14,18,18,15,11,10,13,16,17,18,19,22,23,22,19,16,12,12,18,21,20,17,20,23,22,20,17,18,17,18,17,14,14,15,19,19,18,15,16,16,15,15,17,17,18,16,17,20,22,19,18,16,16,13,12,16,18,18,14,15,17,20,20,20,21,20,20,21,25,26,23,20,19,19,20,18,20,20,23,20,16,16,20,20,18,18,19,21,19,20,18,19,18,18,16,16,18,21,22,19,20,18,22,20,23,25,24,24"
[county] => Polk
[flips] => 27
[purchase_price] => 46000
[resale_price] => 90200
[gross_margin] => 44200
[flipcount_rank] => 58
[flipmargin_rank] => 64
[sale_counts_exploded] => Array
(
[0] => 26
[1] => 25
[2] => 17
[3] => 20
[4] => 20
[5] => 21
[6] => 20
[7] => 16
[8] => 17
[9] => 15
[10] => 16
[11] => 15
[12] => 15
[13] => 12
[14] => 12
[15] => 13
[16] => 14
[17] => 14
[18] => 15
[19] => 15
[20] => 14
[21] => 15
[22] => 13
[23] => 17
[24] => 13
[25] => 16
[26] => 12
[27] => 14
[28] => 14
[29] => 15
[30] => 18
[31] => 15
[32] => 14
[33] => 12
[34] => 14
[35] => 18
[36] => 18
[37] => 15
[38] => 11
[39] => 10
[40] => 13
[41] => 16
[42] => 17
[43] => 18
[44] => 19
[45] => 22
[46] => 23
[47] => 22
[48] => 19
[49] => 16
[50] => 12
[51] => 12
[52] => 18
[53] => 21
[54] => 20
[55] => 17
[56] => 20
[57] => 23
[58] => 22
[59] => 20
[60] => 17
[61] => 18
[62] => 17
[63] => 18
[64] => 17
[65] => 14
[66] => 14
[67] => 15
[68] => 19
[69] => 19
[70] => 18
[71] => 15
[72] => 16
[73] => 16
[74] => 15
[75] => 15
[76] => 17
[77] => 17
[78] => 18
[79] => 16
[80] => 17
[81] => 20
[82] => 22
[83] => 19
[84] => 18
[85] => 16
[86] => 16
[87] => 13
[88] => 12
[89] => 16
[90] => 18
[91] => 18
[92] => 14
[93] => 15
[94] => 17
[95] => 20
[96] => 20
[97] => 20
[98] => 21
[99] => 20
[100] => 20
[101] => 21
[102] => 25
[103] => 26
[104] => 23
[105] => 20
[106] => 19
[107] => 19
[108] => 20
[109] => 18
[110] => 20
[111] => 20
[112] => 23
[113] => 20
[114] => 16
[115] => 16
[116] => 20
[117] => 20
[118] => 18
[119] => 18
[120] => 19
[121] => 21
[122] => 19
[123] => 20
[124] => 18
[125] => 19
[126] => 18
[127] => 18
[128] => 16
[129] => 16
[130] => 18
[131] => 21
[132] => 22
[133] => 19
[134] => 20
[135] => 18
[136] => 22
[137] => 20
[138] => 23
[139] => 25
[140] => 24
[141] => 24
)
)