House Flipping Report
Neighborhood Data
Chattanooga, TN 37411
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 Chattanooga, TN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Hamilton 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
Hamilton County
#5th in TN
#21st 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
$ 139,700
0.08% YoY Change
Latest Monthly Sales Count
609
Reduced Listings /Month
8
-0.71% from last quarter
Average Home Sqft
$1,370
-0.09% 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 Hamilton 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
Hamilton County
364,286
0.87%
#4th in TN
37411
17,587
#29th 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] => 35434
[country] => USA
[zip] => 37411
[city] => Chattanooga
[state] => Tennessee
[state_abbr] => TN
[county] => Hamilton
[dma] => 575
[latitude] => 35.0288
[longitude] => -85.2314
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37411
[zip_name] => chattanooga, tn
[flag] =>
[median_listing_price] => 143500
[median_listing_price_mm] => 0.0626
[median_listing_price_yy] => 0.1034
[active_listing_count] => 39
[active_listing_count_mm] => -0.1136
[active_listing_count_yy] => -0.3607
[median_days_on_market] => 51.5
[median_days_on_market_mm] => 0.0729
[median_days_on_market_yy] => -0.2197
[new_listing_count] => 20
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0.25
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.7143
[price_reduced_count_yy] => 0
[pending_listing_count] => 1
[pending_listing_count_mm] => -0.75
[pending_listing_count_yy] => -0.5
[median_listing_price_per_square_feet] => 99
[median_listing_price_per_square_feet_mm] => 6.00E-04
[median_listing_price_per_square_feet_yy] => 0.2635
[median_square_feet] => 1370
[median_square_feet_mm] => 0.0243
[median_square_feet_yy] => -0.087
[average_listing_price] => 159962
[average_listing_price_mm] => 0.0179
[average_listing_price_yy] => 0.1459
[total_listing_count] => 40
[total_listing_count_mm] => -0.1667
[total_listing_count_yy] => 0.0256
[pending_ratio_mm] => -0.0653
[pending_ratio_yy] => -0.0071
[RegionID] => 74373
[RegionName] => 37411
[State] => TN
[Metro] => Chattanooga
[County] => Hamilton County
[City] => Chattanooga
[SizeRank] => 583
[Zhvi] => 112700
[MoM] => 0.00625
[QoQ] => 0.0273473
[YoY] => 0.0826129
[5Year] => 0.144864
[10Year] => 0.0421219
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 112700
[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] => 17587
[zip_rank] => 129
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] => "99000,99900,99900,99900,99900,99850,99850,99900,97500,92500,90000,90000,89900,89900,89900,90000,89900,88900,87400,90000,85700,85000,86000,87500,90000,89900,89950,93450,89900,99000,94950,92200,87900,90900,98000,89000,88000,88450,89400,89900,94900,99900,97000,93900,89900,89000,89000,89000,85250,86900,86400,85900,84900,84900,81500,79900,80000,80000,83950,84900,83000,81450,87500,92000,96900,99000,97500,95400,99000,89470,89700,89900,90000,94950,99900,108500,95000,99450,94900,89900,89900,92750,95000,99900,99900,1.00E+05,109900,109900,109000,111986,107000,109900,114900,115950,108450,107900,99999,100460,100460,114900,124866,127366,125232,130000,129700,125232,129900,132000,125900,125900,129950,131000,129900,135000,137000,139000,139000,133750,135000,139700"
[list_prices_exploded] => Array
(
[0] => 99000
[1] => 99900
[2] => 99900
[3] => 99900
[4] => 99900
[5] => 99850
[6] => 99850
[7] => 99900
[8] => 97500
[9] => 92500
[10] => 90000
[11] => 90000
[12] => 89900
[13] => 89900
[14] => 89900
[15] => 90000
[16] => 89900
[17] => 88900
[18] => 87400
[19] => 90000
[20] => 85700
[21] => 85000
[22] => 86000
[23] => 87500
[24] => 90000
[25] => 89900
[26] => 89950
[27] => 93450
[28] => 89900
[29] => 99000
[30] => 94950
[31] => 92200
[32] => 87900
[33] => 90900
[34] => 98000
[35] => 89000
[36] => 88000
[37] => 88450
[38] => 89400
[39] => 89900
[40] => 94900
[41] => 99900
[42] => 97000
[43] => 93900
[44] => 89900
[45] => 89000
[46] => 89000
[47] => 89000
[48] => 85250
[49] => 86900
[50] => 86400
[51] => 85900
[52] => 84900
[53] => 84900
[54] => 81500
[55] => 79900
[56] => 80000
[57] => 80000
[58] => 83950
[59] => 84900
[60] => 83000
[61] => 81450
[62] => 87500
[63] => 92000
[64] => 96900
[65] => 99000
[66] => 97500
[67] => 95400
[68] => 99000
[69] => 89470
[70] => 89700
[71] => 89900
[72] => 90000
[73] => 94950
[74] => 99900
[75] => 108500
[76] => 95000
[77] => 99450
[78] => 94900
[79] => 89900
[80] => 89900
[81] => 92750
[82] => 95000
[83] => 99900
[84] => 99900
[85] => 1.00E+05
[86] => 109900
[87] => 109900
[88] => 109000
[89] => 111986
[90] => 107000
[91] => 109900
[92] => 114900
[93] => 115950
[94] => 108450
[95] => 107900
[96] => 99999
[97] => 100460
[98] => 100460
[99] => 114900
[100] => 124866
[101] => 127366
[102] => 125232
[103] => 130000
[104] => 129700
[105] => 125232
[106] => 129900
[107] => 132000
[108] => 125900
[109] => 125900
[110] => 129950
[111] => 131000
[112] => 129900
[113] => 135000
[114] => 137000
[115] => 139000
[116] => 139000
[117] => 133750
[118] => 135000
[119] => 139700
)
)
Array
(
[county_name] => Hamilton
[state] => Tennessee
[state_fips] => 47
[county_fips] => 47065
[dma] => 575
[metro_name] => Chattanooga, TN
[cbsa_name] => Chattanooga, TN-GA
[county_region_id_zillow] => 2323
[metro_region_id_zillow] => 394460
[fips] => 47065
[cbsa_code] => 16860
[population_prior] => 361132
[population] => 364286
[rank] => 4
[difference] => 0.873364864
[region_id] => 2323
[sale_counts] => "382,370,358,350,386,377,387,369,351,329,304,301,291,283,283,287,320,327,345,350,382,393,357,332,333,364,380,376,358,320,294,297,302,303,290,292,293,298,300,301,303,315,308,301,301,318,353,390,401,403,393,395,402,412,403,407,407,417,439,424,426,423,437,433,429,425,435,428,423,432,436,448,445,439,441,446,461,451,453,466,482,493,486,489,490,474,472,492,523,531,532,522,507,500,514,557,567,573,554,565,554,564,554,564,565,560,561,576,591,578,572,558,562,566,569,581,596,587,597,593,593,607,599,615,591,602,589,584,578,563,569,560,577,601,624,639,656,647,651,638,615,609"
[county] => Hamilton
[flips] => 648
[purchase_price] => 89861
[resale_price] => 170056
[gross_margin] => 80194
[flipcount_rank] => 5
[flipmargin_rank] => 21
[sale_counts_exploded] => Array
(
[0] => 382
[1] => 370
[2] => 358
[3] => 350
[4] => 386
[5] => 377
[6] => 387
[7] => 369
[8] => 351
[9] => 329
[10] => 304
[11] => 301
[12] => 291
[13] => 283
[14] => 283
[15] => 287
[16] => 320
[17] => 327
[18] => 345
[19] => 350
[20] => 382
[21] => 393
[22] => 357
[23] => 332
[24] => 333
[25] => 364
[26] => 380
[27] => 376
[28] => 358
[29] => 320
[30] => 294
[31] => 297
[32] => 302
[33] => 303
[34] => 290
[35] => 292
[36] => 293
[37] => 298
[38] => 300
[39] => 301
[40] => 303
[41] => 315
[42] => 308
[43] => 301
[44] => 301
[45] => 318
[46] => 353
[47] => 390
[48] => 401
[49] => 403
[50] => 393
[51] => 395
[52] => 402
[53] => 412
[54] => 403
[55] => 407
[56] => 407
[57] => 417
[58] => 439
[59] => 424
[60] => 426
[61] => 423
[62] => 437
[63] => 433
[64] => 429
[65] => 425
[66] => 435
[67] => 428
[68] => 423
[69] => 432
[70] => 436
[71] => 448
[72] => 445
[73] => 439
[74] => 441
[75] => 446
[76] => 461
[77] => 451
[78] => 453
[79] => 466
[80] => 482
[81] => 493
[82] => 486
[83] => 489
[84] => 490
[85] => 474
[86] => 472
[87] => 492
[88] => 523
[89] => 531
[90] => 532
[91] => 522
[92] => 507
[93] => 500
[94] => 514
[95] => 557
[96] => 567
[97] => 573
[98] => 554
[99] => 565
[100] => 554
[101] => 564
[102] => 554
[103] => 564
[104] => 565
[105] => 560
[106] => 561
[107] => 576
[108] => 591
[109] => 578
[110] => 572
[111] => 558
[112] => 562
[113] => 566
[114] => 569
[115] => 581
[116] => 596
[117] => 587
[118] => 597
[119] => 593
[120] => 593
[121] => 607
[122] => 599
[123] => 615
[124] => 591
[125] => 602
[126] => 589
[127] => 584
[128] => 578
[129] => 563
[130] => 569
[131] => 560
[132] => 577
[133] => 601
[134] => 624
[135] => 639
[136] => 656
[137] => 647
[138] => 651
[139] => 638
[140] => 615
[141] => 609
)
)