House Flipping Report
Neighborhood Data
Louisville, KY 40272
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
$ 134,500
0.08% YoY Change
Latest Monthly Sales Count
1,316
List Price /sqft
$107
0.03% from last quarter
Reduced Listings /Month
20
-0.44% from last quarter
Average Home Sqft
$1,230
-0.13% 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
40272
37,394
#17th 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] => 14983
[country] => USA
[zip] => 40272
[city] => Louisville
[state] => Kentucky
[state_abbr] => KY
[county] => Jefferson
[dma] => 529
[latitude] => 38.0683
[longitude] => -85.8662
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 40272
[zip_name] => louisville, ky
[flag] =>
[median_listing_price] => 134500
[median_listing_price_mm] => -0.0041
[median_listing_price_yy] => -0.0727
[active_listing_count] => 78
[active_listing_count_mm] => -0.093
[active_listing_count_yy] => 0.0986
[median_days_on_market] => 54
[median_days_on_market_mm] => 0.2558
[median_days_on_market_yy] => 0.0588
[new_listing_count] => 28
[new_listing_count_mm] => -0.125
[new_listing_count_yy] => 0.1667
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 20
[price_reduced_count_mm] => -0.4444
[price_reduced_count_yy] => 0.25
[pending_listing_count] => 57
[pending_listing_count_mm] => -0.1972
[pending_listing_count_yy] => 0.0556
[median_listing_price_per_square_feet] => 107
[median_listing_price_per_square_feet_mm] => 0.0323
[median_listing_price_per_square_feet_yy] => 0.0993
[median_square_feet] => 1230
[median_square_feet_mm] => -0.016
[median_square_feet_yy] => -0.1264
[average_listing_price] => 161590
[average_listing_price_mm] => 0.021
[average_listing_price_yy] => 0.031
[total_listing_count] => 135
[total_listing_count_mm] => -0.1401
[total_listing_count_yy] => 0.7308
[pending_ratio_mm] => -0.0948
[pending_ratio_yy] => -0.0298
[RegionID] => 75603
[RegionName] => 40272
[State] => KY
[Metro] => Louisville/Jefferson County
[County] => Jefferson County
[City] => Louisville
[SizeRank] => 198
[Zhvi] => 132700
[MoM] => 0.0060652
[QoQ] => 0.0168582
[YoY] => 0.0771104
[5Year] => 0.0668907
[10Year] => 0.0293154
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 132700
[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] => 37394
[zip_rank] => 17
[state_population] => 4468402
[state_rank] => 26
[state_difference] => 0.326187
[list_prices] => "126500,134725,134950,134900,137000,125000,124950,123500,124900,126500,124950,124900,119450,116900,114900,114925,119000,113400,109900,109900,110000,105000,108449.5,99950,99000,99000,108905,107500,109950,104000,104900,101250,107995,1.00E+05,103500,99997.5,105200,109900,109900,110000,110000,113175,111949.5,105000,104900,99990,99900,99900,99447.5,99900,99900,1.00E+05,105000,114950,116450,119900,108000,101000,101250,104950,104449.5,1.00E+05,109900,110000,108450,107500,109900,109950,114900,113250,109900,109511.5,108450,105000,104500,105500,111250,115475,117947,122500,120000,116600,113900,116450,110000,112500,114900,120000,124999.5,126500,132500,128949,131472.5,140150,144900,142000,145900,148200,135000,139900,134997,144900,144900,150950,144949.5,144900,138400,136950,131900,139900,139900,148000,151450,149900,149900,149900,141900,139950,135450,134500"
[list_prices_exploded] => Array
(
[0] => 126500
[1] => 134725
[2] => 134950
[3] => 134900
[4] => 137000
[5] => 125000
[6] => 124950
[7] => 123500
[8] => 124900
[9] => 126500
[10] => 124950
[11] => 124900
[12] => 119450
[13] => 116900
[14] => 114900
[15] => 114925
[16] => 119000
[17] => 113400
[18] => 109900
[19] => 109900
[20] => 110000
[21] => 105000
[22] => 108449.5
[23] => 99950
[24] => 99000
[25] => 99000
[26] => 108905
[27] => 107500
[28] => 109950
[29] => 104000
[30] => 104900
[31] => 101250
[32] => 107995
[33] => 1.00E+05
[34] => 103500
[35] => 99997.5
[36] => 105200
[37] => 109900
[38] => 109900
[39] => 110000
[40] => 110000
[41] => 113175
[42] => 111949.5
[43] => 105000
[44] => 104900
[45] => 99990
[46] => 99900
[47] => 99900
[48] => 99447.5
[49] => 99900
[50] => 99900
[51] => 1.00E+05
[52] => 105000
[53] => 114950
[54] => 116450
[55] => 119900
[56] => 108000
[57] => 101000
[58] => 101250
[59] => 104950
[60] => 104449.5
[61] => 1.00E+05
[62] => 109900
[63] => 110000
[64] => 108450
[65] => 107500
[66] => 109900
[67] => 109950
[68] => 114900
[69] => 113250
[70] => 109900
[71] => 109511.5
[72] => 108450
[73] => 105000
[74] => 104500
[75] => 105500
[76] => 111250
[77] => 115475
[78] => 117947
[79] => 122500
[80] => 120000
[81] => 116600
[82] => 113900
[83] => 116450
[84] => 110000
[85] => 112500
[86] => 114900
[87] => 120000
[88] => 124999.5
[89] => 126500
[90] => 132500
[91] => 128949
[92] => 131472.5
[93] => 140150
[94] => 144900
[95] => 142000
[96] => 145900
[97] => 148200
[98] => 135000
[99] => 139900
[100] => 134997
[101] => 144900
[102] => 144900
[103] => 150950
[104] => 144949.5
[105] => 144900
[106] => 138400
[107] => 136950
[108] => 131900
[109] => 139900
[110] => 139900
[111] => 148000
[112] => 151450
[113] => 149900
[114] => 149900
[115] => 149900
[116] => 141900
[117] => 139950
[118] => 135450
[119] => 134500
)
)
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
)
)