Melvin, KY 41650

Flip Market Report

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 Melvin, KY. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Floyd 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
Floyd County #44th in KY
#11th 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.

41650 Historical Monthly Listing Prices

No Data Available

Floyd Historical Monthly Home Sales

Latest Monthly Sales Count

5

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Floyd County. This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.

Region Population Change YoY Rank
Kentucky 4,468,402 0.33% #26th in US
Floyd County 35,845 -1.15% #30th in KY
41650 534 #91st in KY
Home Searches

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.

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