House Flipping Report
Neighborhood Data
Painesville, OH 44077
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 Painesville, OH . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Lake County , we've been able to rank it against its peer counties within Ohio. To provide an even fuller picture, we also ranked Ohio against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Ohio
#8th in US
#33rd in US
Lake County
#9th in OH
#17th in OH
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
$ 209,900
0.06% YoY Change
Latest Monthly Sales Count
390
List Price /sqft
$100
-0% from last quarter
Reduced Listings /Month
32
-0.43% from last quarter
Average Home Sqft
$1,898
0.07% 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 Lake County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Ohio
11,689,442
0.22%
#7th in US
Lake County
230,514
0.06%
#11th in OH
44077
56,491
#9th in OH
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] => 29734
[country] => USA
[zip] => 44077
[city] => Painesville
[state] => Ohio
[state_abbr] => OH
[county] => Lake
[dma] => 510
[latitude] => 41.7127
[longitude] => -81.2029
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 44077
[zip_name] => painesville, oh
[flag] =>
[median_listing_price] => 218040
[median_listing_price_mm] => -0.0521
[median_listing_price_yy] => 0.0905
[active_listing_count] => 177
[active_listing_count_mm] => -0.038
[active_listing_count_yy] => -0.0829
[median_days_on_market] => 72
[median_days_on_market_mm] => 0.0286
[median_days_on_market_yy] => 0.125
[new_listing_count] => 40
[new_listing_count_mm] => -0.3333
[new_listing_count_yy] => 0.25
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 32
[price_reduced_count_mm] => -0.4286
[price_reduced_count_yy] => 0.1429
[pending_listing_count] => 87
[pending_listing_count_mm] => -0.2232
[pending_listing_count_yy] => 0.0741
[median_listing_price_per_square_feet] => 100
[median_listing_price_per_square_feet_mm] => -0.0034
[median_listing_price_per_square_feet_yy] => 0.0943
[median_square_feet] => 1898
[median_square_feet_mm] => -0.0795
[median_square_feet_yy] => 0.0651
[average_listing_price] => 251913
[average_listing_price_mm] => -0.0534
[average_listing_price_yy] => 0.0526
[total_listing_count] => 264
[total_listing_count_mm] => -0.1081
[total_listing_count_yy] => 0.4915
[pending_ratio_mm] => -0.1172
[pending_ratio_yy] => 0.0718
[RegionID] => 76983
[RegionName] => 44077
[State] => OH
[Metro] => Cleveland-Elyria
[County] => Lake County
[City] => Painesville
[SizeRank] => 290
[Zhvi] => 153300
[MoM] => 0.00327225
[QoQ] => 0.00656599
[YoY] => 0.0631068
[5Year] => 0.0450268
[10Year] => 0.0173294
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 153300
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 11113
[purchase_price] => 72888
[resale_price] => 129651
[gross_margin] => 56762
[flipcount_rank] => 8
[flipmargin_rank] => 33
[counties] => 88
[zip_population] => 56491
[zip_rank] => 9
[state_population] => 11689442
[state_rank] => 7
[state_difference] => 0.217015
[list_prices] => "163800,168000,166500,169900,169000,159900,158900,154900,149900,149900,149900,144900,144350,149900,144900,144900,147000,143400,139900,140000,141450,139900,139900,143900,149900,148900,149900,150000,158000,149900,149900,149900,149900,147500,146990,139900,142745,149945,149999,149999,150000,145000,149999.5,155900,159900,159900,159900,159900,150000,150000,159900,150000,149900,149900,149900,149900,149900,149900,149900,152400,154900,153000,154900,158900,159949.5,155500,159900,163700,164950,159900,154900,154900,154900,159900,164950,184900,181900,179943.5,178500,179000,179900,174200,176800,177450,164900,165000,167750,174900,181400,179900,185000,198000,181950,179900,181450,177950,179900,185000,199900,198000,189900,190000,195000,175000,175000,169000,172250,175000,179950,189900,219990,224950,219900,199900,199900,199900,199900,192127.5,199900,209900"
[list_prices_exploded] => Array
(
[0] => 163800
[1] => 168000
[2] => 166500
[3] => 169900
[4] => 169000
[5] => 159900
[6] => 158900
[7] => 154900
[8] => 149900
[9] => 149900
[10] => 149900
[11] => 144900
[12] => 144350
[13] => 149900
[14] => 144900
[15] => 144900
[16] => 147000
[17] => 143400
[18] => 139900
[19] => 140000
[20] => 141450
[21] => 139900
[22] => 139900
[23] => 143900
[24] => 149900
[25] => 148900
[26] => 149900
[27] => 150000
[28] => 158000
[29] => 149900
[30] => 149900
[31] => 149900
[32] => 149900
[33] => 147500
[34] => 146990
[35] => 139900
[36] => 142745
[37] => 149945
[38] => 149999
[39] => 149999
[40] => 150000
[41] => 145000
[42] => 149999.5
[43] => 155900
[44] => 159900
[45] => 159900
[46] => 159900
[47] => 159900
[48] => 150000
[49] => 150000
[50] => 159900
[51] => 150000
[52] => 149900
[53] => 149900
[54] => 149900
[55] => 149900
[56] => 149900
[57] => 149900
[58] => 149900
[59] => 152400
[60] => 154900
[61] => 153000
[62] => 154900
[63] => 158900
[64] => 159949.5
[65] => 155500
[66] => 159900
[67] => 163700
[68] => 164950
[69] => 159900
[70] => 154900
[71] => 154900
[72] => 154900
[73] => 159900
[74] => 164950
[75] => 184900
[76] => 181900
[77] => 179943.5
[78] => 178500
[79] => 179000
[80] => 179900
[81] => 174200
[82] => 176800
[83] => 177450
[84] => 164900
[85] => 165000
[86] => 167750
[87] => 174900
[88] => 181400
[89] => 179900
[90] => 185000
[91] => 198000
[92] => 181950
[93] => 179900
[94] => 181450
[95] => 177950
[96] => 179900
[97] => 185000
[98] => 199900
[99] => 198000
[100] => 189900
[101] => 190000
[102] => 195000
[103] => 175000
[104] => 175000
[105] => 169000
[106] => 172250
[107] => 175000
[108] => 179950
[109] => 189900
[110] => 219990
[111] => 224950
[112] => 219900
[113] => 199900
[114] => 199900
[115] => 199900
[116] => 199900
[117] => 192127.5
[118] => 199900
[119] => 209900
)
)
Array
(
[county_name] => Lake
[state] => Ohio
[state_fips] => 39
[county_fips] => 39085
[dma] => 510
[metro_name] => Cleveland, OH
[cbsa_name] => Cleveland-Elyria, OH
[county_region_id_zillow] => 225
[metro_region_id_zillow] => 394475
[fips] => 39085
[cbsa_code] => 17460
[population_prior] => 230370
[population] => 230514
[rank] => 11
[difference] => 0.062508139
[region_id] => 225
[sale_counts] => "244,234,230,222,222,198,209,201,218,203,211,211,205,194,181,187,195,201,216,225,258,250,236,201,211,227,239,233,203,175,165,166,189,191,216,202,202,185,178,177,180,190,206,206,214,209,225,240,238,227,199,191,195,197,199,195,219,223,238,239,238,236,228,233,221,226,228,231,223,223,241,243,243,226,227,243,262,269,270,276,277,279,281,309,312,310,265,275,286,325,325,318,315,312,333,354,360,341,326,331,330,323,306,309,319,333,338,341,343,344,350,347,345,340,336,337,354,352,366,345,353,343,337,332,335,340,347,348,380,371,385,370,377,389,383,379,366,396,425,427,423,390"
[county] => Lake
[flips] => 246
[purchase_price] => 71888
[resale_price] => 134841
[gross_margin] => 62954
[flipcount_rank] => 9
[flipmargin_rank] => 17
[sale_counts_exploded] => Array
(
[0] => 244
[1] => 234
[2] => 230
[3] => 222
[4] => 222
[5] => 198
[6] => 209
[7] => 201
[8] => 218
[9] => 203
[10] => 211
[11] => 211
[12] => 205
[13] => 194
[14] => 181
[15] => 187
[16] => 195
[17] => 201
[18] => 216
[19] => 225
[20] => 258
[21] => 250
[22] => 236
[23] => 201
[24] => 211
[25] => 227
[26] => 239
[27] => 233
[28] => 203
[29] => 175
[30] => 165
[31] => 166
[32] => 189
[33] => 191
[34] => 216
[35] => 202
[36] => 202
[37] => 185
[38] => 178
[39] => 177
[40] => 180
[41] => 190
[42] => 206
[43] => 206
[44] => 214
[45] => 209
[46] => 225
[47] => 240
[48] => 238
[49] => 227
[50] => 199
[51] => 191
[52] => 195
[53] => 197
[54] => 199
[55] => 195
[56] => 219
[57] => 223
[58] => 238
[59] => 239
[60] => 238
[61] => 236
[62] => 228
[63] => 233
[64] => 221
[65] => 226
[66] => 228
[67] => 231
[68] => 223
[69] => 223
[70] => 241
[71] => 243
[72] => 243
[73] => 226
[74] => 227
[75] => 243
[76] => 262
[77] => 269
[78] => 270
[79] => 276
[80] => 277
[81] => 279
[82] => 281
[83] => 309
[84] => 312
[85] => 310
[86] => 265
[87] => 275
[88] => 286
[89] => 325
[90] => 325
[91] => 318
[92] => 315
[93] => 312
[94] => 333
[95] => 354
[96] => 360
[97] => 341
[98] => 326
[99] => 331
[100] => 330
[101] => 323
[102] => 306
[103] => 309
[104] => 319
[105] => 333
[106] => 338
[107] => 341
[108] => 343
[109] => 344
[110] => 350
[111] => 347
[112] => 345
[113] => 340
[114] => 336
[115] => 337
[116] => 354
[117] => 352
[118] => 366
[119] => 345
[120] => 353
[121] => 343
[122] => 337
[123] => 332
[124] => 335
[125] => 340
[126] => 347
[127] => 348
[128] => 380
[129] => 371
[130] => 385
[131] => 370
[132] => 377
[133] => 389
[134] => 383
[135] => 379
[136] => 366
[137] => 396
[138] => 425
[139] => 427
[140] => 423
[141] => 390
)
)