House Flipping Report
Neighborhood Data
Wellington, OH 44090
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 Wellington, OH . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Lorain 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
Lorain County
#10th in OH
#21st 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
$ 159,900
0% YoY Change
Latest Monthly Sales Count
509
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Lorain 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
Lorain County
309,461
0.6%
#9th in OH
44090
11,504
#51st 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.
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