Memphis, TN 38136

Flip Market Report

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 Memphis, TN. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Shelby 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
Shelby County #1st in TN
#59th 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.

38136 Historical Monthly Listing Prices

No Data Available

Shelby Historical Monthly Home Sales

Latest Monthly Sales Count

1,529

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Shelby County. This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.

Region Population Change YoY Rank
Tennessee 6,770,010 0.91% #16th in US
Shelby County 935,764 -0.02% #1st in TN
Home Searches

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.

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