House Flipping Report
Neighborhood Data
Tellico Plains, TN 37385
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 Tellico Plains, TN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Monroe 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
Monroe County
#31st in TN
#65th 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
$ 172,500
0.08% YoY Change
Latest Monthly Sales Count
60
List Price /sqft
$119
0.02% from last quarter
Avg. Days on Market
126
-0.08% from last year
Average Home Sqft
$1,967
0.18% 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 Monroe 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
Monroe County
46,357
0.56%
#34th in TN
37385
8,131
#23rd 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] => 35638
[country] => USA
[zip] => 37385
[city] => Tellico Plains
[state] => Tennessee
[state_abbr] => TN
[county] => Monroe
[dma] => 557
[latitude] => 35.3221
[longitude] => -84.2542
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37385
[zip_name] => tellico plains, tn
[flag] => *
[median_listing_price] => 267550
[median_listing_price_mm] => 0.2744
[median_listing_price_yy] =>
[active_listing_count] => 66
[active_listing_count_mm] => -0.1852
[active_listing_count_yy] => -0.4107
[median_days_on_market] => 125.5
[median_days_on_market_mm] => 0.0458
[median_days_on_market_yy] => -0.0839
[new_listing_count] => 4
[new_listing_count_mm] => -0.8
[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] => -1
[pending_listing_count] => 12
[pending_listing_count_mm] => -0.0769
[pending_listing_count_yy] => 0
[median_listing_price_per_square_feet] => 119
[median_listing_price_per_square_feet_mm] => 0.0215
[median_listing_price_per_square_feet_yy] => -0.0358
[median_square_feet] => 1967
[median_square_feet_mm] => 0.0245
[median_square_feet_yy] => 0.1821
[average_listing_price] => 321819
[average_listing_price_mm] => 0.0839
[average_listing_price_yy] => -0.0072
[total_listing_count] => 78
[total_listing_count_mm] => -0.1702
[total_listing_count_yy] => 0.1818
[pending_ratio_mm] => 0.0213
[pending_ratio_yy] => 0.0747
[RegionID] => 74354
[RegionName] => 37385
[State] => TN
[Metro] =>
[County] => Monroe County
[City] => Tellico Plains
[SizeRank] => 903
[Zhvi] => 115900
[MoM] => 0.00259516
[QoQ] => 0.0302222
[YoY] => 0.0791434
[5Year] => 0.103908
[10Year] => 0.051566
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 115900
[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] => 8131
[zip_rank] => 223
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,159900,159900,149000,144450,149000,154900,159000,144450,149900,149000,145900,146450,144450,149949.5,152900,159900,147000,154949.5,159900,159900,153000,150000,151500,156450,139900,149999.5,134700,144900,139900,149999,154900,152449.5,152449.5,139000,145500,151900,147450,154500,171950,179900,179000,179450,176500,179450,173500,160000,150000,169499.5,160000,175500,159900,169900,170549.5,170549.5,162900,162900,159900,159900,162450,152500,157450,161400,172000,177450,169000,175000,169450,169000,162450,159500,172500,172500"
[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] => 159900
[49] => 159900
[50] => 149000
[51] => 144450
[52] => 149000
[53] => 154900
[54] => 159000
[55] => 144450
[56] => 149900
[57] => 149000
[58] => 145900
[59] => 146450
[60] => 144450
[61] => 149949.5
[62] => 152900
[63] => 159900
[64] => 147000
[65] => 154949.5
[66] => 159900
[67] => 159900
[68] => 153000
[69] => 150000
[70] => 151500
[71] => 156450
[72] => 139900
[73] => 149999.5
[74] => 134700
[75] => 144900
[76] => 139900
[77] => 149999
[78] => 154900
[79] => 152449.5
[80] => 152449.5
[81] => 139000
[82] => 145500
[83] => 151900
[84] => 147450
[85] => 154500
[86] => 171950
[87] => 179900
[88] => 179000
[89] => 179450
[90] => 176500
[91] => 179450
[92] => 173500
[93] => 160000
[94] => 150000
[95] => 169499.5
[96] => 160000
[97] => 175500
[98] => 159900
[99] => 169900
[100] => 170549.5
[101] => 170549.5
[102] => 162900
[103] => 162900
[104] => 159900
[105] => 159900
[106] => 162450
[107] => 152500
[108] => 157450
[109] => 161400
[110] => 172000
[111] => 177450
[112] => 169000
[113] => 175000
[114] => 169450
[115] => 169000
[116] => 162450
[117] => 159500
[118] => 172500
[119] => 172500
)
)
Array
(
[county_name] => Monroe
[state] => Tennessee
[state_fips] => 47
[county_fips] => 47123
[dma] => 557
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 1226
[metro_region_id_zillow] =>
[fips] => 47123
[cbsa_code] =>
[population_prior] => 46098
[population] => 46357
[rank] => 34
[difference] => 0.561846501
[region_id] => 1226
[sale_counts] => "75,60,60,58,60,50,49,44,44,41,43,49,49,52,47,53,49,49,44,46,50,54,61,59,55,49,48,50,45,42,40,42,42,37,42,40,43,36,37,39,36,41,41,41,42,40,49,49,52,46,43,44,47,48,45,50,52,55,52,58,57,60,50,52,52,57,61,54,52,50,54,56,53,51,49,48,47,46,52,51,53,51,51,49,52,57,57,60,57,60,51,56,46,52,49,56,55,56,58,56,57,57,64,63,62,55,63,69,72,62,62,63,64,61,56,57,59,63,73,67,69,59,64,66,69,65,61,64,66,63,57,57,55,52,55,61,66,63,60,63,59,60"
[county] => Monroe
[flips] => 83
[purchase_price] => 49593
[resale_price] => 92946
[gross_margin] => 43353
[flipcount_rank] => 31
[flipmargin_rank] => 65
[sale_counts_exploded] => Array
(
[0] => 75
[1] => 60
[2] => 60
[3] => 58
[4] => 60
[5] => 50
[6] => 49
[7] => 44
[8] => 44
[9] => 41
[10] => 43
[11] => 49
[12] => 49
[13] => 52
[14] => 47
[15] => 53
[16] => 49
[17] => 49
[18] => 44
[19] => 46
[20] => 50
[21] => 54
[22] => 61
[23] => 59
[24] => 55
[25] => 49
[26] => 48
[27] => 50
[28] => 45
[29] => 42
[30] => 40
[31] => 42
[32] => 42
[33] => 37
[34] => 42
[35] => 40
[36] => 43
[37] => 36
[38] => 37
[39] => 39
[40] => 36
[41] => 41
[42] => 41
[43] => 41
[44] => 42
[45] => 40
[46] => 49
[47] => 49
[48] => 52
[49] => 46
[50] => 43
[51] => 44
[52] => 47
[53] => 48
[54] => 45
[55] => 50
[56] => 52
[57] => 55
[58] => 52
[59] => 58
[60] => 57
[61] => 60
[62] => 50
[63] => 52
[64] => 52
[65] => 57
[66] => 61
[67] => 54
[68] => 52
[69] => 50
[70] => 54
[71] => 56
[72] => 53
[73] => 51
[74] => 49
[75] => 48
[76] => 47
[77] => 46
[78] => 52
[79] => 51
[80] => 53
[81] => 51
[82] => 51
[83] => 49
[84] => 52
[85] => 57
[86] => 57
[87] => 60
[88] => 57
[89] => 60
[90] => 51
[91] => 56
[92] => 46
[93] => 52
[94] => 49
[95] => 56
[96] => 55
[97] => 56
[98] => 58
[99] => 56
[100] => 57
[101] => 57
[102] => 64
[103] => 63
[104] => 62
[105] => 55
[106] => 63
[107] => 69
[108] => 72
[109] => 62
[110] => 62
[111] => 63
[112] => 64
[113] => 61
[114] => 56
[115] => 57
[116] => 59
[117] => 63
[118] => 73
[119] => 67
[120] => 69
[121] => 59
[122] => 64
[123] => 66
[124] => 69
[125] => 65
[126] => 61
[127] => 64
[128] => 66
[129] => 63
[130] => 57
[131] => 57
[132] => 55
[133] => 52
[134] => 55
[135] => 61
[136] => 66
[137] => 63
[138] => 60
[139] => 63
[140] => 59
[141] => 60
)
)