House Flipping Report
Neighborhood Data
Dry Ridge, KY 41035
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 Dry Ridge, KY . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Grant 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
Grant County
#11th in KY
#24th 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
$ 222,500
0.03% YoY Change
Reduced Listings /Month
4
-0.5% 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 Grant 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
Grant County
25,121
0.48%
#46th in KY
41035
10,785
#31st 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] => 14802
[country] => USA
[zip] => 41035
[city] => Dry Ridge
[state] => Kentucky
[state_abbr] => KY
[county] => Grant
[dma] => 515
[latitude] => 38.6868
[longitude] => -84.6526
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 41035
[zip_name] => dry ridge, ky
[flag] =>
[median_listing_price] => 235050
[median_listing_price_mm] => 0
[median_listing_price_yy] => 0.093
[active_listing_count] => 26
[active_listing_count_mm] => -0.1333
[active_listing_count_yy] => -0.2121
[median_days_on_market] => 126.5
[median_days_on_market_mm] => 0.1934
[median_days_on_market_yy] => 0.7329
[new_listing_count] => 4
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => -0.5
[pending_listing_count] => 14
[pending_listing_count_mm] => 0.1667
[pending_listing_count_yy] => 0.1667
[median_listing_price_per_square_feet] => 0
[median_listing_price_per_square_feet_mm] =>
[median_listing_price_per_square_feet_yy] =>
[median_square_feet] => 0
[median_square_feet_mm] =>
[median_square_feet_yy] =>
[average_listing_price] => 244584
[average_listing_price_mm] => 0.0081
[average_listing_price_yy] => -0.0062
[total_listing_count] => 40
[total_listing_count_mm] => -0.0476
[total_listing_count_yy] => 0.5385
[pending_ratio_mm] => 0.1385
[pending_ratio_yy] => 0.1748
[RegionID] => 75880
[RegionName] => 41035
[State] => KY
[Metro] => Cincinnati
[County] => Grant County
[City] => Dry Ridge
[SizeRank] => 857
[Zhvi] => 158300
[MoM] => 0.00380469
[QoQ] => 0.00635728
[YoY] => 0.030599
[5Year] => 0.0462019
[10Year] => 0.0218733
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 158300
[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] => 10785
[zip_rank] => 131
[state_population] => 4468402
[state_rank] => 26
[state_difference] => 0.326187
[list_prices] => "183400,179900,176995,171500,168000,159900,151450,149900,155000,159950,159950,149900,139900,139900,130950,133400,149900,149900,145900,140950,139700,135000,134700,134500,134000,129500,129500,129700,125000,125000,125000,125000,125000,124900,124900,124900,124900,124900,124500,126500,129800,126060,134500,134500,137500,138000,132900,132900,128750,127030,132900,133950,136700,139000,155200,154900,141950,132900,132900,132900,125000,124900,124950,121500,127000,129400,137900,149900,155000,139544,154450,154450,139800,144400,149000,141750,142500,139000,139800,136750,154450,149900,154500,149950,150000,150000,155000,175000,177500,174950,154900,154300,164900,167500,165000,165000,159000,160000,180000,199900,2.00E+05,205000,2.00E+05,2.00E+05,212450,227250,216900,215000,215000,215000,215000,217500,217500,199900,222500,199900,225000,227250,227250,222500"
[list_prices_exploded] => Array
(
[0] => 183400
[1] => 179900
[2] => 176995
[3] => 171500
[4] => 168000
[5] => 159900
[6] => 151450
[7] => 149900
[8] => 155000
[9] => 159950
[10] => 159950
[11] => 149900
[12] => 139900
[13] => 139900
[14] => 130950
[15] => 133400
[16] => 149900
[17] => 149900
[18] => 145900
[19] => 140950
[20] => 139700
[21] => 135000
[22] => 134700
[23] => 134500
[24] => 134000
[25] => 129500
[26] => 129500
[27] => 129700
[28] => 125000
[29] => 125000
[30] => 125000
[31] => 125000
[32] => 125000
[33] => 124900
[34] => 124900
[35] => 124900
[36] => 124900
[37] => 124900
[38] => 124500
[39] => 126500
[40] => 129800
[41] => 126060
[42] => 134500
[43] => 134500
[44] => 137500
[45] => 138000
[46] => 132900
[47] => 132900
[48] => 128750
[49] => 127030
[50] => 132900
[51] => 133950
[52] => 136700
[53] => 139000
[54] => 155200
[55] => 154900
[56] => 141950
[57] => 132900
[58] => 132900
[59] => 132900
[60] => 125000
[61] => 124900
[62] => 124950
[63] => 121500
[64] => 127000
[65] => 129400
[66] => 137900
[67] => 149900
[68] => 155000
[69] => 139544
[70] => 154450
[71] => 154450
[72] => 139800
[73] => 144400
[74] => 149000
[75] => 141750
[76] => 142500
[77] => 139000
[78] => 139800
[79] => 136750
[80] => 154450
[81] => 149900
[82] => 154500
[83] => 149950
[84] => 150000
[85] => 150000
[86] => 155000
[87] => 175000
[88] => 177500
[89] => 174950
[90] => 154900
[91] => 154300
[92] => 164900
[93] => 167500
[94] => 165000
[95] => 165000
[96] => 159000
[97] => 160000
[98] => 180000
[99] => 199900
[100] => 2.00E+05
[101] => 205000
[102] => 2.00E+05
[103] => 2.00E+05
[104] => 212450
[105] => 227250
[106] => 216900
[107] => 215000
[108] => 215000
[109] => 215000
[110] => 215000
[111] => 217500
[112] => 217500
[113] => 199900
[114] => 222500
[115] => 199900
[116] => 225000
[117] => 227250
[118] => 227250
[119] => 222500
)
)
Array
(
[county_name] => Grant
[state] => Kentucky
[state_fips] => 21
[county_fips] => 21081
[dma] => 515
[metro_name] => Cincinnati, OH
[cbsa_name] => Cincinnati, OH-KY-IN
[county_region_id_zillow] => 533
[metro_region_id_zillow] => 394466
[fips] => 21081
[cbsa_code] => 17140
[population_prior] => 25000
[population] => 25121
[rank] => 46
[difference] => 0.484
[region_id] =>
[sale_counts] =>
[county] => Grant
[flips] => 28
[purchase_price] => 92000
[resale_price] => 130700
[gross_margin] => 38700
[flipcount_rank] => 11
[flipmargin_rank] => 24
[sale_counts_exploded] => Array
(
[0] =>
)
)