House Flipping Report
Neighborhood Data
Louisville, KY 40258
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 Louisville, KY . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Jefferson County , we've been able to rank it against its peer counties within Kentucky. To provide an even fuller picture, we also ranked Kentucky against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Kentucky
#30th in US
#28th in US
Jefferson County
#1st in KY
#19th in KY
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
$ 140,000
0.07% YoY Change
Latest Monthly Sales Count
1,316
List Price /sqft
$116
0.04% from last quarter
Reduced Listings /Month
16
-0.6% from last quarter
Average Home Sqft
$1,363
-0.05% 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 Jefferson County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Kentucky
4,468,402
0.33%
#26th in US
Jefferson County
770,517
0.02%
#1st in KY
40258
26,465
#43rd in KY
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] => 14976
[country] => USA
[zip] => 40258
[city] => Louisville
[state] => Kentucky
[state_abbr] => KY
[county] => Jefferson
[dma] => 529
[latitude] => 38.1501
[longitude] => -85.8675
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 40258
[zip_name] => louisville, ky
[flag] =>
[median_listing_price] => 154950
[median_listing_price_mm] => 0.0327
[median_listing_price_yy] => 0.069
[active_listing_count] => 58
[active_listing_count_mm] => -0.1471
[active_listing_count_yy] => 0.0741
[median_days_on_market] => 45.5
[median_days_on_market_mm] => 0.0833
[median_days_on_market_yy] => 0.0111
[new_listing_count] => 16
[new_listing_count_mm] => -0.5556
[new_listing_count_yy] => -0.4286
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 16
[price_reduced_count_mm] => -0.6
[price_reduced_count_yy] => 0
[pending_listing_count] => 51
[pending_listing_count_mm] => -0.1774
[pending_listing_count_yy] => 0.02
[median_listing_price_per_square_feet] => 116
[median_listing_price_per_square_feet_mm] => 0.0447
[median_listing_price_per_square_feet_yy] => 0.1091
[median_square_feet] => 1363
[median_square_feet_mm] => 0.0096
[median_square_feet_yy] => -0.0475
[average_listing_price] => 176380
[average_listing_price_mm] => 0.0187
[average_listing_price_yy] => 0.1262
[total_listing_count] => 109
[total_listing_count_mm] => -0.1615
[total_listing_count_yy] => 0.8793
[pending_ratio_mm] => -0.0325
[pending_ratio_yy] => -0.0466
[RegionID] => 75596
[RegionName] => 40258
[State] => KY
[Metro] => Louisville/Jefferson County
[County] => Jefferson County
[City] => Louisville
[SizeRank] => 408
[Zhvi] => 135100
[MoM] => 0.00670641
[QoQ] => 0.0157895
[YoY] => 0.070523
[5Year] => 0.0557562
[10Year] => 0.0271018
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 135100
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 2308
[purchase_price] => 93599
[resale_price] => 158885
[gross_margin] => 65286
[flipcount_rank] => 30
[flipmargin_rank] => 28
[counties] => 120
[zip_population] => 26465
[zip_rank] => 43
[state_population] => 4468402
[state_rank] => 26
[state_difference] => 0.326187
[list_prices] => "119000,118000,120000,115000,114997.5,117250,119600,115500,115000,115000,116000,114950,114900,112250,112000,109000,109999.5,110000,113750,114450,116500,115000,114995,110000,110000,112900,110000,113200,113900,113500,111250,109450,113200,110250,110500,110000,105000,109800,108450,105900,106200,107500,114900,114450,109950,110000,109900,109999,112250,112250,112500,119500,115000,113500,115000,109999.5,109999,108500,109900,109900,112450,114900,110000,109000,109900,109900,109950,109900,110000,110000,110950,110000,114700,114900,113900,114900,115900,118699.5,119900,118698.5,123250,125000,124450,124999,124900,124500,127200,125000,120000,129900,128000,128000,129900,125750,129700,129850,124500,130000,127500,130000,127500,129950,134950,139000,139000,139900,140000,139900,139900,139900,139900,139900,137950,139700,140000,140000,144700,142000,140000,140000"
[list_prices_exploded] => Array
(
[0] => 119000
[1] => 118000
[2] => 120000
[3] => 115000
[4] => 114997.5
[5] => 117250
[6] => 119600
[7] => 115500
[8] => 115000
[9] => 115000
[10] => 116000
[11] => 114950
[12] => 114900
[13] => 112250
[14] => 112000
[15] => 109000
[16] => 109999.5
[17] => 110000
[18] => 113750
[19] => 114450
[20] => 116500
[21] => 115000
[22] => 114995
[23] => 110000
[24] => 110000
[25] => 112900
[26] => 110000
[27] => 113200
[28] => 113900
[29] => 113500
[30] => 111250
[31] => 109450
[32] => 113200
[33] => 110250
[34] => 110500
[35] => 110000
[36] => 105000
[37] => 109800
[38] => 108450
[39] => 105900
[40] => 106200
[41] => 107500
[42] => 114900
[43] => 114450
[44] => 109950
[45] => 110000
[46] => 109900
[47] => 109999
[48] => 112250
[49] => 112250
[50] => 112500
[51] => 119500
[52] => 115000
[53] => 113500
[54] => 115000
[55] => 109999.5
[56] => 109999
[57] => 108500
[58] => 109900
[59] => 109900
[60] => 112450
[61] => 114900
[62] => 110000
[63] => 109000
[64] => 109900
[65] => 109900
[66] => 109950
[67] => 109900
[68] => 110000
[69] => 110000
[70] => 110950
[71] => 110000
[72] => 114700
[73] => 114900
[74] => 113900
[75] => 114900
[76] => 115900
[77] => 118699.5
[78] => 119900
[79] => 118698.5
[80] => 123250
[81] => 125000
[82] => 124450
[83] => 124999
[84] => 124900
[85] => 124500
[86] => 127200
[87] => 125000
[88] => 120000
[89] => 129900
[90] => 128000
[91] => 128000
[92] => 129900
[93] => 125750
[94] => 129700
[95] => 129850
[96] => 124500
[97] => 130000
[98] => 127500
[99] => 130000
[100] => 127500
[101] => 129950
[102] => 134950
[103] => 139000
[104] => 139000
[105] => 139900
[106] => 140000
[107] => 139900
[108] => 139900
[109] => 139900
[110] => 139900
[111] => 139900
[112] => 137950
[113] => 139700
[114] => 140000
[115] => 140000
[116] => 144700
[117] => 142000
[118] => 140000
[119] => 140000
)
)
Array
(
[county_name] => Jefferson
[state] => Kentucky
[state_fips] => 21
[county_fips] => 21111
[dma] => 529
[metro_name] => Louisville, KY
[cbsa_name] => Louisville/Jefferson County, KY-IN
[county_region_id_zillow] => 2742
[metro_region_id_zillow] => 394807
[fips] => 21111
[cbsa_code] => 31140
[population_prior] => 770377
[population] => 770517
[rank] => 1
[difference] => 0.018172921
[region_id] => 2742
[sale_counts] => "1043,1055,974,945,909,883,870,880,829,798,714,773,794,816,787,814,864,895,900,940,1027,1034,958,900,906,968,991,1014,932,848,727,715,727,754,790,826,879,891,849,809,767,783,799,805,832,830,893,948,979,974,985,899,856,709,789,860,987,992,1046,1115,1178,1159,1137,1157,1187,1200,1194,1191,1135,1107,1082,1121,1134,1135,1113,1092,1112,1120,1149,1142,1151,1169,1194,1215,1177,1156,1147,1246,1294,1299,1276,1239,1103,912,945,1165,1404,1405,1361,1307,1272,1276,1280,1333,1400,1431,1455,1415,1550,1486,1470,1323,1328,1335,1337,1354,1397,1344,1402,1426,1502,1492,1444,1438,1398,1425,1370,1332,1239,1164,1221,1230,1306,1240,1241,1200,1192,1188,1199,1249,1243,1316"
[county] => Jefferson
[flips] => 1041
[purchase_price] => 99553
[resale_price] => 162583
[gross_margin] => 63030
[flipcount_rank] => 1
[flipmargin_rank] => 19
[sale_counts_exploded] => Array
(
[0] => 1043
[1] => 1055
[2] => 974
[3] => 945
[4] => 909
[5] => 883
[6] => 870
[7] => 880
[8] => 829
[9] => 798
[10] => 714
[11] => 773
[12] => 794
[13] => 816
[14] => 787
[15] => 814
[16] => 864
[17] => 895
[18] => 900
[19] => 940
[20] => 1027
[21] => 1034
[22] => 958
[23] => 900
[24] => 906
[25] => 968
[26] => 991
[27] => 1014
[28] => 932
[29] => 848
[30] => 727
[31] => 715
[32] => 727
[33] => 754
[34] => 790
[35] => 826
[36] => 879
[37] => 891
[38] => 849
[39] => 809
[40] => 767
[41] => 783
[42] => 799
[43] => 805
[44] => 832
[45] => 830
[46] => 893
[47] => 948
[48] => 979
[49] => 974
[50] => 985
[51] => 899
[52] => 856
[53] => 709
[54] => 789
[55] => 860
[56] => 987
[57] => 992
[58] => 1046
[59] => 1115
[60] => 1178
[61] => 1159
[62] => 1137
[63] => 1157
[64] => 1187
[65] => 1200
[66] => 1194
[67] => 1191
[68] => 1135
[69] => 1107
[70] => 1082
[71] => 1121
[72] => 1134
[73] => 1135
[74] => 1113
[75] => 1092
[76] => 1112
[77] => 1120
[78] => 1149
[79] => 1142
[80] => 1151
[81] => 1169
[82] => 1194
[83] => 1215
[84] => 1177
[85] => 1156
[86] => 1147
[87] => 1246
[88] => 1294
[89] => 1299
[90] => 1276
[91] => 1239
[92] => 1103
[93] => 912
[94] => 945
[95] => 1165
[96] => 1404
[97] => 1405
[98] => 1361
[99] => 1307
[100] => 1272
[101] => 1276
[102] => 1280
[103] => 1333
[104] => 1400
[105] => 1431
[106] => 1455
[107] => 1415
[108] => 1550
[109] => 1486
[110] => 1470
[111] => 1323
[112] => 1328
[113] => 1335
[114] => 1337
[115] => 1354
[116] => 1397
[117] => 1344
[118] => 1402
[119] => 1426
[120] => 1502
[121] => 1492
[122] => 1444
[123] => 1438
[124] => 1398
[125] => 1425
[126] => 1370
[127] => 1332
[128] => 1239
[129] => 1164
[130] => 1221
[131] => 1230
[132] => 1306
[133] => 1240
[134] => 1241
[135] => 1200
[136] => 1192
[137] => 1188
[138] => 1199
[139] => 1249
[140] => 1243
[141] => 1316
)
)