House Flipping Report
Neighborhood Data
Johnson City, TN 37601
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 Johnson City, TN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Washington 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
Washington County
#13th in TN
#58th 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
$ 159,900
0.05% YoY Change
Latest Monthly Sales Count
211
List Price /sqft
$103
0.05% from last quarter
Reduced Listings /Month
16
-0.56% from last quarter
Average Home Sqft
$1,608
0.03% 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 Washington 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
Washington County
128,607
0.78%
#12th in TN
37601
36,182
#39th 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] => 35894
[country] => USA
[zip] => 37601
[city] => Johnson City
[state] => Tennessee
[state_abbr] => TN
[county] => Washington
[dma] => 531
[latitude] => 36.3202
[longitude] => -82.3313
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 37601
[zip_name] => johnson city, tn
[flag] =>
[median_listing_price] => 184950
[median_listing_price_mm] => 0.0941
[median_listing_price_yy] => 0.1212
[active_listing_count] => 96
[active_listing_count_mm] => -0.2836
[active_listing_count_yy] => -0.3514
[median_days_on_market] => 88.5
[median_days_on_market_mm] => 0.4048
[median_days_on_market_yy] => 0.0291
[new_listing_count] => 20
[new_listing_count_mm] => -0.2857
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 16
[price_reduced_count_mm] => -0.5556
[price_reduced_count_yy] => 0
[pending_listing_count] => 35
[pending_listing_count_mm] =>
[pending_listing_count_yy] => -0.1667
[median_listing_price_per_square_feet] => 103
[median_listing_price_per_square_feet_mm] => 0.0528
[median_listing_price_per_square_feet_yy] => 0.086
[median_square_feet] => 1608
[median_square_feet_mm] => -0.091
[median_square_feet_yy] => 0.0308
[average_listing_price] => 318124
[average_listing_price_mm] => 0.0847
[average_listing_price_yy] => 0.2025
[total_listing_count] => 131
[total_listing_count_mm] => -0.0224
[total_listing_count_yy] => 0.3646
[pending_ratio_mm] => 0.3646
[pending_ratio_yy] => 0.0808
[RegionID] => 74385
[RegionName] => 37601
[State] => TN
[Metro] => Johnson City
[County] => Washington County
[City] => Johnson City
[SizeRank] => 133
[Zhvi] => 137800
[MoM] => 0.00510576
[QoQ] => 0.0139809
[YoY] => 0.0479087
[5Year] => 0.0329144
[10Year] => 0.0202204
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 137800
[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] => 36182
[zip_rank] => 39
[state_population] => 6770010
[state_rank] => 16
[state_difference] => 0.912473
[list_prices] => "159000,155000,155500,154900,149900,149900,145000,156400,155500,154950,145000,144900,142500,139900,145000,145900,142900,147900,144200,139900,146750,149500,149900,149000,139900,148900,148400,139900,144200,149900,149900,149700,145250,146900,149000,139900,129900,129900,129950,139700,139900,130000,139900,139900,140950,137900,134900,135000,129900,129900,136500,139900,149700,149900,144500,150000,154900,148500,149450,145000,139900,144950,149900,149900,154750,154750,148500,145000,145000,144900,144500,144900,144900,148500,149950,158900,165000,169900,168950,159900,149900,165900,168900,157950,152549.5,155900,158700,159500,159500,159950,149950,150000,144950,149975,149950,149500,150000,159000,159950,164950,179000,174900,175000,169000,159450,164900,159900,164900,159900,159900,159900,157000,157000,159999.5,169700,164900,160000,152450,150000,159900"
[list_prices_exploded] => Array
(
[0] => 159000
[1] => 155000
[2] => 155500
[3] => 154900
[4] => 149900
[5] => 149900
[6] => 145000
[7] => 156400
[8] => 155500
[9] => 154950
[10] => 145000
[11] => 144900
[12] => 142500
[13] => 139900
[14] => 145000
[15] => 145900
[16] => 142900
[17] => 147900
[18] => 144200
[19] => 139900
[20] => 146750
[21] => 149500
[22] => 149900
[23] => 149000
[24] => 139900
[25] => 148900
[26] => 148400
[27] => 139900
[28] => 144200
[29] => 149900
[30] => 149900
[31] => 149700
[32] => 145250
[33] => 146900
[34] => 149000
[35] => 139900
[36] => 129900
[37] => 129900
[38] => 129950
[39] => 139700
[40] => 139900
[41] => 130000
[42] => 139900
[43] => 139900
[44] => 140950
[45] => 137900
[46] => 134900
[47] => 135000
[48] => 129900
[49] => 129900
[50] => 136500
[51] => 139900
[52] => 149700
[53] => 149900
[54] => 144500
[55] => 150000
[56] => 154900
[57] => 148500
[58] => 149450
[59] => 145000
[60] => 139900
[61] => 144950
[62] => 149900
[63] => 149900
[64] => 154750
[65] => 154750
[66] => 148500
[67] => 145000
[68] => 145000
[69] => 144900
[70] => 144500
[71] => 144900
[72] => 144900
[73] => 148500
[74] => 149950
[75] => 158900
[76] => 165000
[77] => 169900
[78] => 168950
[79] => 159900
[80] => 149900
[81] => 165900
[82] => 168900
[83] => 157950
[84] => 152549.5
[85] => 155900
[86] => 158700
[87] => 159500
[88] => 159500
[89] => 159950
[90] => 149950
[91] => 150000
[92] => 144950
[93] => 149975
[94] => 149950
[95] => 149500
[96] => 150000
[97] => 159000
[98] => 159950
[99] => 164950
[100] => 179000
[101] => 174900
[102] => 175000
[103] => 169000
[104] => 159450
[105] => 164900
[106] => 159900
[107] => 164900
[108] => 159900
[109] => 159900
[110] => 159900
[111] => 157000
[112] => 157000
[113] => 159999.5
[114] => 169700
[115] => 164900
[116] => 160000
[117] => 152450
[118] => 150000
[119] => 159900
)
)
Array
(
[county_name] => Washington
[state] => Tennessee
[state_fips] => 47
[county_fips] => 47179
[dma] => 531
[metro_name] => Johnson City, TN
[cbsa_name] => Johnson City, TN
[county_region_id_zillow] => 3072
[metro_region_id_zillow] => 394726
[fips] => 47179
[cbsa_code] => 27740
[population_prior] => 127613
[population] => 128607
[rank] => 12
[difference] => 0.778917508
[region_id] => 3072
[sale_counts] => "246,232,208,194,179,171,168,171,153,140,136,155,158,148,127,134,139,141,143,143,154,146,149,170,180,181,164,156,140,123,120,115,125,119,132,144,139,128,107,108,108,110,123,129,133,130,144,162,162,159,145,155,156,159,147,142,145,150,161,169,169,161,153,151,156,156,161,156,152,158,180,184,179,169,169,170,165,156,168,171,181,178,172,176,174,174,168,182,198,204,189,178,176,182,192,226,220,212,194,217,217,222,211,194,186,178,194,201,217,239,229,212,189,181,176,183,188,186,186,185,197,187,187,182,192,209,212,208,200,185,204,212,228,210,199,210,224,219,218,208,206,211"
[county] => Washington
[flips] => 179
[purchase_price] => 83025
[resale_price] => 135098
[gross_margin] => 52073
[flipcount_rank] => 13
[flipmargin_rank] => 58
[sale_counts_exploded] => Array
(
[0] => 246
[1] => 232
[2] => 208
[3] => 194
[4] => 179
[5] => 171
[6] => 168
[7] => 171
[8] => 153
[9] => 140
[10] => 136
[11] => 155
[12] => 158
[13] => 148
[14] => 127
[15] => 134
[16] => 139
[17] => 141
[18] => 143
[19] => 143
[20] => 154
[21] => 146
[22] => 149
[23] => 170
[24] => 180
[25] => 181
[26] => 164
[27] => 156
[28] => 140
[29] => 123
[30] => 120
[31] => 115
[32] => 125
[33] => 119
[34] => 132
[35] => 144
[36] => 139
[37] => 128
[38] => 107
[39] => 108
[40] => 108
[41] => 110
[42] => 123
[43] => 129
[44] => 133
[45] => 130
[46] => 144
[47] => 162
[48] => 162
[49] => 159
[50] => 145
[51] => 155
[52] => 156
[53] => 159
[54] => 147
[55] => 142
[56] => 145
[57] => 150
[58] => 161
[59] => 169
[60] => 169
[61] => 161
[62] => 153
[63] => 151
[64] => 156
[65] => 156
[66] => 161
[67] => 156
[68] => 152
[69] => 158
[70] => 180
[71] => 184
[72] => 179
[73] => 169
[74] => 169
[75] => 170
[76] => 165
[77] => 156
[78] => 168
[79] => 171
[80] => 181
[81] => 178
[82] => 172
[83] => 176
[84] => 174
[85] => 174
[86] => 168
[87] => 182
[88] => 198
[89] => 204
[90] => 189
[91] => 178
[92] => 176
[93] => 182
[94] => 192
[95] => 226
[96] => 220
[97] => 212
[98] => 194
[99] => 217
[100] => 217
[101] => 222
[102] => 211
[103] => 194
[104] => 186
[105] => 178
[106] => 194
[107] => 201
[108] => 217
[109] => 239
[110] => 229
[111] => 212
[112] => 189
[113] => 181
[114] => 176
[115] => 183
[116] => 188
[117] => 186
[118] => 186
[119] => 185
[120] => 197
[121] => 187
[122] => 187
[123] => 182
[124] => 192
[125] => 209
[126] => 212
[127] => 208
[128] => 200
[129] => 185
[130] => 204
[131] => 212
[132] => 228
[133] => 210
[134] => 199
[135] => 210
[136] => 224
[137] => 219
[138] => 218
[139] => 208
[140] => 206
[141] => 211
)
)