House Flipping Report
Neighborhood Data
Jamestown, KY 42629
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 Jamestown, KY . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Russell 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
Russell County
#51st in KY
#38th 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
$ 165,950even YoY Change
Latest Monthly Sales Count
List Price /sqft
$82
-0.05% from last quarter
Average Home Sqft
$1,485
even 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 Russell 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
Russell County
17,821
0.46% #65th in KY
42629
4,953
#9th 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.
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