House Flipping Report
Neighborhood Data
Covington, KY 41014
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 Covington, KY . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Kenton 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
Kenton County
#2nd in KY
#16th 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 Monthly Sales Count
List Price /sqft
$24
-0.6% from last quarter
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Kenton 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
Kenton County
166,051
0.39%
#3rd in KY
41014
6,942
#64th 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] => 15027
[country] => USA
[zip] => 41014
[city] => Covington
[state] => Kentucky
[state_abbr] => KY
[county] => Kenton
[dma] => 515
[latitude] => 39.0645
[longitude] => -84.5101
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 41014
[zip_name] => covington, ky
[flag] => *
[median_listing_price] => 107500
[median_listing_price_mm] => -0.1397
[median_listing_price_yy] =>
[active_listing_count] => 17
[active_listing_count_mm] => 0
[active_listing_count_yy] => -0.5
[median_days_on_market] => 79.5
[median_days_on_market_mm] => 0.1042
[median_days_on_market_yy] =>
[new_listing_count] => 4
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => -0.6667
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => 0
[price_reduced_count_yy] => -0.6667
[pending_listing_count] => 12
[pending_listing_count_mm] => -0.4
[pending_listing_count_yy] => -0.4286
[median_listing_price_per_square_feet] => 24
[median_listing_price_per_square_feet_mm] => -0.5978
[median_listing_price_per_square_feet_yy] =>
[median_square_feet] => 463
[median_square_feet_mm] => -0.6448
[median_square_feet_yy] =>
[average_listing_price] => 111867
[average_listing_price_mm] => -0.3561
[average_listing_price_yy] => 0.1265
[total_listing_count] => 29
[total_listing_count_mm] => -0.2162
[total_listing_count_yy] => 0.7059
[pending_ratio_mm] => -0.4706
[pending_ratio_yy] => 0.0882
[RegionID] => 75869
[RegionName] => 41014
[State] => KY
[Metro] => Cincinnati
[County] => Kenton County
[City] => Covington
[SizeRank] => 972
[Zhvi] => 71200
[MoM] => 0.014245
[QoQ] => 0.0409357
[YoY] => -0.0582011
[5Year] => 0.0465968
[10Year] => 0.0124718
[PeakMonth] => 2019-02
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 78800
[PctFallFromPeak] => -0.0964467
[LastTimeAtCurrZHVI] => 2018-03
[flips] => 2308
[purchase_price] => 93599
[resale_price] => 158885
[gross_margin] => 65286
[flipcount_rank] => 30
[flipmargin_rank] => 28
[counties] => 120
[zip_population] => 6942
[zip_rank] => 164
[state_population] => 4468402
[state_rank] => 26
[state_difference] => 0.326187
[list_prices] =>
[list_prices_exploded] => Array
(
[0] =>
)
)
Array
(
[county_name] => Kenton
[state] => Kentucky
[state_fips] => 21
[county_fips] => 21117
[dma] => 515
[metro_name] => Cincinnati, OH
[cbsa_name] => Cincinnati, OH-KY-IN
[county_region_id_zillow] => 1133
[metro_region_id_zillow] => 394466
[fips] => 21117
[cbsa_code] => 17140
[population_prior] => 165410
[population] => 166051
[rank] => 3
[difference] => 0.387521915
[region_id] => 1133
[sale_counts] => "240,244,229,235,233,224,212,215,216,214,183,199,202,220,196,200,203,212,200,185,201,208,207,196,187,203,221,234,244,206,178,153,148,146,148,160,172,172,164,172,165,170,158,159,166,168,176,188,197,205,205,216,215,204,183,190,185,197,192,212,212,217,231,233,242,230,238,229,226,224,227,234,231,231,246,248,255,238,250,249,252,248,247,229,237,236,252,292,298,299,265,264,267,249,226,233,270,301,307,324,322,324,287,297,316,329,304,282,289,317,313,305,292,299,288,295,320,325,338,317,312,300,298,304,304,300,287,289,287,283,276,274,281,279,277,282,284,271,258,265,268,"
[county] => Kenton
[flips] => 249
[purchase_price] => 72000
[resale_price] => 139000
[gross_margin] => 67000
[flipcount_rank] => 2
[flipmargin_rank] => 16
[sale_counts_exploded] => Array
(
[0] => 240
[1] => 244
[2] => 229
[3] => 235
[4] => 233
[5] => 224
[6] => 212
[7] => 215
[8] => 216
[9] => 214
[10] => 183
[11] => 199
[12] => 202
[13] => 220
[14] => 196
[15] => 200
[16] => 203
[17] => 212
[18] => 200
[19] => 185
[20] => 201
[21] => 208
[22] => 207
[23] => 196
[24] => 187
[25] => 203
[26] => 221
[27] => 234
[28] => 244
[29] => 206
[30] => 178
[31] => 153
[32] => 148
[33] => 146
[34] => 148
[35] => 160
[36] => 172
[37] => 172
[38] => 164
[39] => 172
[40] => 165
[41] => 170
[42] => 158
[43] => 159
[44] => 166
[45] => 168
[46] => 176
[47] => 188
[48] => 197
[49] => 205
[50] => 205
[51] => 216
[52] => 215
[53] => 204
[54] => 183
[55] => 190
[56] => 185
[57] => 197
[58] => 192
[59] => 212
[60] => 212
[61] => 217
[62] => 231
[63] => 233
[64] => 242
[65] => 230
[66] => 238
[67] => 229
[68] => 226
[69] => 224
[70] => 227
[71] => 234
[72] => 231
[73] => 231
[74] => 246
[75] => 248
[76] => 255
[77] => 238
[78] => 250
[79] => 249
[80] => 252
[81] => 248
[82] => 247
[83] => 229
[84] => 237
[85] => 236
[86] => 252
[87] => 292
[88] => 298
[89] => 299
[90] => 265
[91] => 264
[92] => 267
[93] => 249
[94] => 226
[95] => 233
[96] => 270
[97] => 301
[98] => 307
[99] => 324
[100] => 322
[101] => 324
[102] => 287
[103] => 297
[104] => 316
[105] => 329
[106] => 304
[107] => 282
[108] => 289
[109] => 317
[110] => 313
[111] => 305
[112] => 292
[113] => 299
[114] => 288
[115] => 295
[116] => 320
[117] => 325
[118] => 338
[119] => 317
[120] => 312
[121] => 300
[122] => 298
[123] => 304
[124] => 304
[125] => 300
[126] => 287
[127] => 289
[128] => 287
[129] => 283
[130] => 276
[131] => 274
[132] => 281
[133] => 279
[134] => 277
[135] => 282
[136] => 284
[137] => 271
[138] => 258
[139] => 265
[140] => 268
[141] =>
)
)