House Flipping Report
Neighborhood Data
Akron, OH 44312
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 Akron, OH . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Summit 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
Summit County
#5th in OH
#24th 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
$ 114,900
0.05% YoY Change
Latest Monthly Sales Count
868
List Price /sqft
$83
0.01% from last quarter
Reduced Listings /Month
24
-0.45% from last quarter
Average Home Sqft
$1,228
0.03% 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 Summit 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
Summit County
541,918
0.03%
#4th in OH
44312
31,919
#79th 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] => 30305
[country] => USA
[zip] => 44312
[city] => Akron
[state] => Ohio
[state_abbr] => OH
[county] => Summit
[dma] => 510
[latitude] => 41.0149
[longitude] => -81.4441
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 44312
[zip_name] => akron, oh
[flag] => *
[median_listing_price] => 108000
[median_listing_price_mm] => 0.0281
[median_listing_price_yy] => 0.1186
[active_listing_count] => 93
[active_listing_count_mm] => 0.0109
[active_listing_count_yy] =>
[median_days_on_market] => 50.5
[median_days_on_market_mm] => 0.1222
[median_days_on_market_yy] => 0.01
[new_listing_count] => 36
[new_listing_count_mm] => -0.1
[new_listing_count_yy] => 0.125
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 24
[price_reduced_count_mm] => -0.4545
[price_reduced_count_yy] => 0.2
[pending_listing_count] => 37
[pending_listing_count_mm] => -0.2449
[pending_listing_count_yy] => -0.3273
[median_listing_price_per_square_feet] => 83
[median_listing_price_per_square_feet_mm] => 0.0054
[median_listing_price_per_square_feet_yy] => 0.0749
[median_square_feet] => 1228
[median_square_feet_mm] => -0.0061
[median_square_feet_yy] => 0.0255
[average_listing_price] => 133663
[average_listing_price_mm] => 0.0051
[average_listing_price_yy] => 0.1652
[total_listing_count] => 130
[total_listing_count_mm] => -0.078
[total_listing_count_yy] => 0.3978
[pending_ratio_mm] => -0.1348
[pending_ratio_yy] => -0.1873
[RegionID] => 77126
[RegionName] => 44312
[State] => OH
[Metro] => Akron
[County] => Summit County
[City] => Akron
[SizeRank] => 238
[Zhvi] => 107300
[MoM] => 0.00562324
[QoQ] => 0.019962
[YoY] => 0.0509305
[5Year] => 0.0672339
[10Year] => 0.0175115
[PeakMonth] => 2005-05
[PeakQuarter] => 2005-Q2
[PeakZHVI] => 107600
[PctFallFromPeak] => -0.0027881
[LastTimeAtCurrZHVI] => 2005-02
[flips] => 11113
[purchase_price] => 72888
[resale_price] => 129651
[gross_margin] => 56762
[flipcount_rank] => 8
[flipmargin_rank] => 33
[counties] => 88
[zip_population] => 31919
[zip_rank] => 79
[state_population] => 11689442
[state_rank] => 7
[state_difference] => 0.217015
[list_prices] => "105000,109925,109950,114900,111250,107000,102000,101250,104900,99900,1.00E+05,99900,95250,99000,98000,94900,95000,94900,92250,92450,94900,94900,90000,89900,89900,85000,89500,87900,89000,89900,89900,89900,89575,89400,87950,85000,85000,83900,84900,89000,94500,92000,90000,89900,94500,88450,89000,86500,89900,89900,85000,87000,87500,89900,89900,87000,84900,84900,84900,84500,80000,81000,83300,84500,88750,91250,94900,94500,94500,93300,95000,94900,89900,96500,99250,96500,99900,1.00E+05,99900,99250,96900,95750,94900,93500,94900,99300,103000,105000,109900,102450,99900,104900,104500,104950,107000,104500,106957,109900,109900,110000,107000,115900,115000,109900,106875,109900,105450,99950,98500,99500,99500,105000,109950,115000,115000,114450,113000,109950,114900,114900"
[list_prices_exploded] => Array
(
[0] => 105000
[1] => 109925
[2] => 109950
[3] => 114900
[4] => 111250
[5] => 107000
[6] => 102000
[7] => 101250
[8] => 104900
[9] => 99900
[10] => 1.00E+05
[11] => 99900
[12] => 95250
[13] => 99000
[14] => 98000
[15] => 94900
[16] => 95000
[17] => 94900
[18] => 92250
[19] => 92450
[20] => 94900
[21] => 94900
[22] => 90000
[23] => 89900
[24] => 89900
[25] => 85000
[26] => 89500
[27] => 87900
[28] => 89000
[29] => 89900
[30] => 89900
[31] => 89900
[32] => 89575
[33] => 89400
[34] => 87950
[35] => 85000
[36] => 85000
[37] => 83900
[38] => 84900
[39] => 89000
[40] => 94500
[41] => 92000
[42] => 90000
[43] => 89900
[44] => 94500
[45] => 88450
[46] => 89000
[47] => 86500
[48] => 89900
[49] => 89900
[50] => 85000
[51] => 87000
[52] => 87500
[53] => 89900
[54] => 89900
[55] => 87000
[56] => 84900
[57] => 84900
[58] => 84900
[59] => 84500
[60] => 80000
[61] => 81000
[62] => 83300
[63] => 84500
[64] => 88750
[65] => 91250
[66] => 94900
[67] => 94500
[68] => 94500
[69] => 93300
[70] => 95000
[71] => 94900
[72] => 89900
[73] => 96500
[74] => 99250
[75] => 96500
[76] => 99900
[77] => 1.00E+05
[78] => 99900
[79] => 99250
[80] => 96900
[81] => 95750
[82] => 94900
[83] => 93500
[84] => 94900
[85] => 99300
[86] => 103000
[87] => 105000
[88] => 109900
[89] => 102450
[90] => 99900
[91] => 104900
[92] => 104500
[93] => 104950
[94] => 107000
[95] => 104500
[96] => 106957
[97] => 109900
[98] => 109900
[99] => 110000
[100] => 107000
[101] => 115900
[102] => 115000
[103] => 109900
[104] => 106875
[105] => 109900
[106] => 105450
[107] => 99950
[108] => 98500
[109] => 99500
[110] => 99500
[111] => 105000
[112] => 109950
[113] => 115000
[114] => 115000
[115] => 114450
[116] => 113000
[117] => 109950
[118] => 114900
[119] => 114900
)
)
Array
(
[county_name] => Summit
[state] => Ohio
[state_fips] => 39
[county_fips] => 39153
[dma] => 510
[metro_name] => Akron, OH
[cbsa_name] => Akron, OH
[county_region_id_zillow] => 1404
[metro_region_id_zillow] => 394304
[fips] => 39153
[cbsa_code] => 10420
[population_prior] => 541742
[population] => 541918
[rank] => 4
[difference] => 0.032487789
[region_id] => 1404
[sale_counts] => "709,694,588,597,564,571,581,604,580,579,594,641,625,589,548,521,522,518,534,527,556,532,526,512,527,567,571,585,491,440,408,425,441,436,478,498,526,520,522,510,488,487,495,494,493,480,533,627,655,640,555,537,506,474,455,468,481,476,493,507,534,521,531,546,571,582,573,574,561,575,607,644,627,599,582,602,618,636,654,676,670,690,722,782,799,784,762,761,781,787,803,775,736,739,776,867,871,859,812,818,800,791,785,773,803,792,841,868,867,859,838,898,853,871,829,885,866,849,860,847,860,828,854,844,849,832,827,822,845,849,900,926,939,926,893,907,898,917,939,944,931,868"
[county] => Summit
[flips] => 553
[purchase_price] => 68913
[resale_price] => 129532
[gross_margin] => 60618
[flipcount_rank] => 5
[flipmargin_rank] => 24
[sale_counts_exploded] => Array
(
[0] => 709
[1] => 694
[2] => 588
[3] => 597
[4] => 564
[5] => 571
[6] => 581
[7] => 604
[8] => 580
[9] => 579
[10] => 594
[11] => 641
[12] => 625
[13] => 589
[14] => 548
[15] => 521
[16] => 522
[17] => 518
[18] => 534
[19] => 527
[20] => 556
[21] => 532
[22] => 526
[23] => 512
[24] => 527
[25] => 567
[26] => 571
[27] => 585
[28] => 491
[29] => 440
[30] => 408
[31] => 425
[32] => 441
[33] => 436
[34] => 478
[35] => 498
[36] => 526
[37] => 520
[38] => 522
[39] => 510
[40] => 488
[41] => 487
[42] => 495
[43] => 494
[44] => 493
[45] => 480
[46] => 533
[47] => 627
[48] => 655
[49] => 640
[50] => 555
[51] => 537
[52] => 506
[53] => 474
[54] => 455
[55] => 468
[56] => 481
[57] => 476
[58] => 493
[59] => 507
[60] => 534
[61] => 521
[62] => 531
[63] => 546
[64] => 571
[65] => 582
[66] => 573
[67] => 574
[68] => 561
[69] => 575
[70] => 607
[71] => 644
[72] => 627
[73] => 599
[74] => 582
[75] => 602
[76] => 618
[77] => 636
[78] => 654
[79] => 676
[80] => 670
[81] => 690
[82] => 722
[83] => 782
[84] => 799
[85] => 784
[86] => 762
[87] => 761
[88] => 781
[89] => 787
[90] => 803
[91] => 775
[92] => 736
[93] => 739
[94] => 776
[95] => 867
[96] => 871
[97] => 859
[98] => 812
[99] => 818
[100] => 800
[101] => 791
[102] => 785
[103] => 773
[104] => 803
[105] => 792
[106] => 841
[107] => 868
[108] => 867
[109] => 859
[110] => 838
[111] => 898
[112] => 853
[113] => 871
[114] => 829
[115] => 885
[116] => 866
[117] => 849
[118] => 860
[119] => 847
[120] => 860
[121] => 828
[122] => 854
[123] => 844
[124] => 849
[125] => 832
[126] => 827
[127] => 822
[128] => 845
[129] => 849
[130] => 900
[131] => 926
[132] => 939
[133] => 926
[134] => 893
[135] => 907
[136] => 898
[137] => 917
[138] => 939
[139] => 944
[140] => 931
[141] => 868
)
)