House Flipping Report
Neighborhood Data
Jasper, TN 37347
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 Jasper, TN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Marion 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
Marion County
#64th in TN
#33rd 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
$ 165,000
0.05% YoY Change
Latest Monthly Sales Count
28
List Price /sqft
$103
0.03% from last quarter
Average Home Sqft
$1,760
0.07% 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 Marion 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
Marion County
28,575
0.55%
#51st in TN
37347
7,559
#28th 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] => 35616
[country] => USA
[zip] => 37347
[city] => Jasper
[state] => Tennessee
[state_abbr] => TN
[county] => Marion
[dma] => 575
[latitude] => 35.0608
[longitude] => -85.6238
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37347
[zip_name] => jasper, tn
[flag] => *
[median_listing_price] => 179550
[median_listing_price_mm] => 0.0257
[median_listing_price_yy] => 0.0885
[active_listing_count] => 23
[active_listing_count_mm] => 0.0952
[active_listing_count_yy] =>
[median_days_on_market] => 82
[median_days_on_market_mm] => 0.2059
[median_days_on_market_yy] => -0.3971
[new_listing_count] => 4
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0
[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] =>
[pending_listing_count] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] => -1
[median_listing_price_per_square_feet] => 103
[median_listing_price_per_square_feet_mm] => 0.028
[median_listing_price_per_square_feet_yy] => -0.0213
[median_square_feet] => 1760
[median_square_feet_mm] => 0.0476
[median_square_feet_yy] => 0.0732
[average_listing_price] => 186468
[average_listing_price_mm] => 0.1176
[average_listing_price_yy] => -0.2148
[total_listing_count] => 23
[total_listing_count_mm] => 0.0952
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => -0.037
[RegionID] => 74319
[RegionName] => 37347
[State] => TN
[Metro] => Chattanooga
[County] => Marion County
[City] => Jasper
[SizeRank] => 897
[Zhvi] => 124700
[MoM] => 0.000802568
[QoQ] => 0.0129976
[YoY] => 0.0514334
[5Year] => 0.0643369
[10Year] => 0.0332625
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 124700
[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] => 7559
[zip_rank] => 228
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,169900,173700,167500,153750,142400,154000,174900,159900,159900,175000,158950,162200,159900,169900,159900,159700,159450,155750,150000,152500,150000,162500,170000,165000"
[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] => 169900
[97] => 173700
[98] => 167500
[99] => 153750
[100] => 142400
[101] => 154000
[102] => 174900
[103] => 159900
[104] => 159900
[105] => 175000
[106] => 158950
[107] => 162200
[108] => 159900
[109] => 169900
[110] => 159900
[111] => 159700
[112] => 159450
[113] => 155750
[114] => 150000
[115] => 152500
[116] => 150000
[117] => 162500
[118] => 170000
[119] => 165000
)
)
Array
(
[county_name] => Marion
[state] => Tennessee
[state_fips] => 47
[county_fips] => 47115
[dma] => 575
[metro_name] => Chattanooga, TN
[cbsa_name] => Chattanooga, TN-GA
[county_region_id_zillow] => 1173
[metro_region_id_zillow] => 394460
[fips] => 47115
[cbsa_code] => 16860
[population_prior] => 28418
[population] => 28575
[rank] => 51
[difference] => 0.552466746
[region_id] => 1173
[sale_counts] => "36,37,31,31,33,35,31,26,20,16,17,25,29,28,21,18,21,25,25,22,21,24,28,29,30,28,25,24,23,25,24,24,23,22,22,22,19,20,17,21,21,24,27,25,21,19,25,35,33,29,22,26,29,36,31,28,25,26,27,26,27,30,28,29,27,28,28,28,28,28,29,28,32,27,28,25,29,29,31,33,30,27,25,29,29,28,25,26,26,28,31,31,35,33,35,31,30,30,31,34,34,34,32,31,34,28,33,30,36,31,32,28,30,30,31,29,27,30,31,39,38,39,35,36,38,32,30,31,34,33,28,33,35,33,29,26,34,35,33,26,24,28"
[county] => Marion
[flips] => 23
[purchase_price] => 55000
[resale_price] => 125000
[gross_margin] => 70000
[flipcount_rank] => 64
[flipmargin_rank] => 33
[sale_counts_exploded] => Array
(
[0] => 36
[1] => 37
[2] => 31
[3] => 31
[4] => 33
[5] => 35
[6] => 31
[7] => 26
[8] => 20
[9] => 16
[10] => 17
[11] => 25
[12] => 29
[13] => 28
[14] => 21
[15] => 18
[16] => 21
[17] => 25
[18] => 25
[19] => 22
[20] => 21
[21] => 24
[22] => 28
[23] => 29
[24] => 30
[25] => 28
[26] => 25
[27] => 24
[28] => 23
[29] => 25
[30] => 24
[31] => 24
[32] => 23
[33] => 22
[34] => 22
[35] => 22
[36] => 19
[37] => 20
[38] => 17
[39] => 21
[40] => 21
[41] => 24
[42] => 27
[43] => 25
[44] => 21
[45] => 19
[46] => 25
[47] => 35
[48] => 33
[49] => 29
[50] => 22
[51] => 26
[52] => 29
[53] => 36
[54] => 31
[55] => 28
[56] => 25
[57] => 26
[58] => 27
[59] => 26
[60] => 27
[61] => 30
[62] => 28
[63] => 29
[64] => 27
[65] => 28
[66] => 28
[67] => 28
[68] => 28
[69] => 28
[70] => 29
[71] => 28
[72] => 32
[73] => 27
[74] => 28
[75] => 25
[76] => 29
[77] => 29
[78] => 31
[79] => 33
[80] => 30
[81] => 27
[82] => 25
[83] => 29
[84] => 29
[85] => 28
[86] => 25
[87] => 26
[88] => 26
[89] => 28
[90] => 31
[91] => 31
[92] => 35
[93] => 33
[94] => 35
[95] => 31
[96] => 30
[97] => 30
[98] => 31
[99] => 34
[100] => 34
[101] => 34
[102] => 32
[103] => 31
[104] => 34
[105] => 28
[106] => 33
[107] => 30
[108] => 36
[109] => 31
[110] => 32
[111] => 28
[112] => 30
[113] => 30
[114] => 31
[115] => 29
[116] => 27
[117] => 30
[118] => 31
[119] => 39
[120] => 38
[121] => 39
[122] => 35
[123] => 36
[124] => 38
[125] => 32
[126] => 30
[127] => 31
[128] => 34
[129] => 33
[130] => 28
[131] => 33
[132] => 35
[133] => 33
[134] => 29
[135] => 26
[136] => 34
[137] => 35
[138] => 33
[139] => 26
[140] => 24
[141] => 28
)
)