House Flipping Report
Neighborhood Data
Saltillo, MS 38866
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 Saltillo, MS . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Lee County , we've been able to rank it against its peer counties within Mississippi. To provide an even fuller picture, we also ranked Mississippi against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Mississippi
#46th in US
#50th in US
Lee County
#20th in MS
#11th in MS
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
$ 203,805
0.04% YoY Change
List Price /sqft
$102
0.02% from last quarter
Average Home Sqft
$2,438
0.04% 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 Lee County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Mississippi
2,986,530
-0.1%
#34th in US
Lee County
85,202
0.2%
#7th in MS
38866
11,897
#88th in MS
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] => 22111
[country] => USA
[zip] => 38866
[city] => Saltillo
[state] => Mississippi
[state_abbr] => MS
[county] => Lee
[dma] => 673
[latitude] => 34.3701
[longitude] => -88.6689
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 38866
[zip_name] => saltillo, ms
[flag] =>
[median_listing_price] => 246500
[median_listing_price_mm] => 0.0542
[median_listing_price_yy] => 0.0509
[active_listing_count] => 28
[active_listing_count_mm] => -0.1515
[active_listing_count_yy] => -0.3636
[median_days_on_market] => 93
[median_days_on_market_mm] => 0.1481
[median_days_on_market_yy] => 0.0449
[new_listing_count] => 0
[new_listing_count_mm] => -1
[new_listing_count_yy] => -1
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] =>
[price_reduced_count_yy] => -0.6667
[pending_listing_count] => 12
[pending_listing_count_mm] => -0.25
[pending_listing_count_yy] => -0.2
[median_listing_price_per_square_feet] => 102
[median_listing_price_per_square_feet_mm] => 0.0172
[median_listing_price_per_square_feet_yy] => 0.0187
[median_square_feet] => 2438
[median_square_feet_mm] => 0.1105
[median_square_feet_yy] => 0.0371
[average_listing_price] => 244892
[average_listing_price_mm] => 0.0879
[average_listing_price_yy] => 0.042
[total_listing_count] => 40
[total_listing_count_mm] => -0.1837
[total_listing_count_yy] => 0.4286
[pending_ratio_mm] => -0.0563
[pending_ratio_yy] => 0.0877
[RegionID] => 75046
[RegionName] => 38866
[State] => MS
[Metro] => Tupelo
[County] => Lee County
[City] => Saltillo
[SizeRank] => 758
[Zhvi] => 170400
[MoM] => 0.00412493
[QoQ] => 0.0118765
[YoY] => 0.0422018
[5Year] => 0.0429301
[10Year] => 0.0111602
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 170400
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 213
[purchase_price] => 132785
[resale_price] => 161142
[gross_margin] => 28357
[flipcount_rank] => 46
[flipmargin_rank] => 50
[counties] => 82
[zip_population] => 11897
[zip_rank] => 88
[state_population] => 2986530
[state_rank] => 34
[state_difference] => -0.10479
[list_prices] => "167500,159250,158750,159900,172400,182900,183900,179900,192900,182900,179900,174900,172400,176999,179900,188000,189900,187450,188400,179900,179900,184700,179250,179000,171900,170200,174900,175000,169900,169900,167200,166900,169900,169900,169900,169900,165200,169000,171950,169900,174900,174900,176300,175950,179900,189000,189500,179900,179000,178500,179900,179900,179900,179900,196950,177000,175950,177000,172900,173950,184725,189900,173900,162400,181900,181900,180750,189900,179900,175000,179900,179900,181900,183900,179700,178500,179900,186000,199000,197000,189450,199900,200950,202000,202000,200375,187000,188000,188850,185000,185250,191900,199900,191250,190000,190000,199000,192900,199499.5,202860,199900,202860,217000,217427,218900,215900,207325,219950,212500,207450,204825,204900,201430,219950,206625,199950,215580,204750,202860,203805"
[list_prices_exploded] => Array
(
[0] => 167500
[1] => 159250
[2] => 158750
[3] => 159900
[4] => 172400
[5] => 182900
[6] => 183900
[7] => 179900
[8] => 192900
[9] => 182900
[10] => 179900
[11] => 174900
[12] => 172400
[13] => 176999
[14] => 179900
[15] => 188000
[16] => 189900
[17] => 187450
[18] => 188400
[19] => 179900
[20] => 179900
[21] => 184700
[22] => 179250
[23] => 179000
[24] => 171900
[25] => 170200
[26] => 174900
[27] => 175000
[28] => 169900
[29] => 169900
[30] => 167200
[31] => 166900
[32] => 169900
[33] => 169900
[34] => 169900
[35] => 169900
[36] => 165200
[37] => 169000
[38] => 171950
[39] => 169900
[40] => 174900
[41] => 174900
[42] => 176300
[43] => 175950
[44] => 179900
[45] => 189000
[46] => 189500
[47] => 179900
[48] => 179000
[49] => 178500
[50] => 179900
[51] => 179900
[52] => 179900
[53] => 179900
[54] => 196950
[55] => 177000
[56] => 175950
[57] => 177000
[58] => 172900
[59] => 173950
[60] => 184725
[61] => 189900
[62] => 173900
[63] => 162400
[64] => 181900
[65] => 181900
[66] => 180750
[67] => 189900
[68] => 179900
[69] => 175000
[70] => 179900
[71] => 179900
[72] => 181900
[73] => 183900
[74] => 179700
[75] => 178500
[76] => 179900
[77] => 186000
[78] => 199000
[79] => 197000
[80] => 189450
[81] => 199900
[82] => 200950
[83] => 202000
[84] => 202000
[85] => 200375
[86] => 187000
[87] => 188000
[88] => 188850
[89] => 185000
[90] => 185250
[91] => 191900
[92] => 199900
[93] => 191250
[94] => 190000
[95] => 190000
[96] => 199000
[97] => 192900
[98] => 199499.5
[99] => 202860
[100] => 199900
[101] => 202860
[102] => 217000
[103] => 217427
[104] => 218900
[105] => 215900
[106] => 207325
[107] => 219950
[108] => 212500
[109] => 207450
[110] => 204825
[111] => 204900
[112] => 201430
[113] => 219950
[114] => 206625
[115] => 199950
[116] => 215580
[117] => 204750
[118] => 202860
[119] => 203805
)
)
Array
(
[county_name] => Lee
[state] => Mississippi
[state_fips] => 28
[county_fips] => 28081
[dma] => 673
[metro_name] => Tupelo, MS
[cbsa_name] => Tupelo, MS
[county_region_id_zillow] => 85
[metro_region_id_zillow] => 395170
[fips] => 28081
[cbsa_code] => 46180
[population_prior] => 85034
[population] => 85202
[rank] => 7
[difference] => 0.197568032
[region_id] =>
[sale_counts] =>
[county] => Lee
[flips] => 0
[purchase_price] => 0
[resale_price] => 0
[gross_margin] => 0
[flipcount_rank] => 20
[flipmargin_rank] => 11
[sale_counts_exploded] => Array
(
[0] =>
)
)