House Flipping Report
Neighborhood Data
Akron, OH 44333
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
$ 427,000
0.05% YoY Change
Latest Monthly Sales Count
868
List Price /sqft
$126
0.01% from last quarter
Reduced Listings /Month
12
-0.5% from last quarter
Average Home Sqft
$3,989
0.14% 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
44333
18,763
#37th 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] => 30318
[country] => USA
[zip] => 44333
[city] => Akron
[state] => Ohio
[state_abbr] => OH
[county] => Summit
[dma] => 510
[latitude] => 41.1565
[longitude] => -81.6363
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 44333
[zip_name] => akron, oh
[flag] =>
[median_listing_price] => 482050
[median_listing_price_mm] => -0.0161
[median_listing_price_yy] => 0.0735
[active_listing_count] => 65
[active_listing_count_mm] => -0.1667
[active_listing_count_yy] => -0.1333
[median_days_on_market] => 74.5
[median_days_on_market_mm] => 0.1825
[median_days_on_market_yy] => -0.2837
[new_listing_count] => 4
[new_listing_count_mm] => -0.8
[new_listing_count_yy] => -0.6667
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => 0
[pending_listing_count] => 30
[pending_listing_count_mm] => -0.0909
[pending_listing_count_yy] => 0.0345
[median_listing_price_per_square_feet] => 126
[median_listing_price_per_square_feet_mm] => 0.0116
[median_listing_price_per_square_feet_yy] => 0.062
[median_square_feet] => 3989
[median_square_feet_mm] => 0.0044
[median_square_feet_yy] => 0.1396
[average_listing_price] => 553501
[average_listing_price_mm] => 0.043
[average_listing_price_yy] => 0.0016
[total_listing_count] => 95
[total_listing_count_mm] => -0.1441
[total_listing_count_yy] => 0.4615
[pending_ratio_mm] => 0.0385
[pending_ratio_yy] => 0.0749
[RegionID] => 77139
[RegionName] => 44333
[State] => OH
[Metro] => Akron
[County] => Summit County
[City] => Fairlawn
[SizeRank] => 593
[Zhvi] => 267300
[MoM] => 0.000374252
[QoQ] => 0.00982244
[YoY] => 0.0453657
[5Year] => 0.0500366
[10Year] => 0.0254499
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 267300
[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] => 18763
[zip_rank] => 237
[state_population] => 11689442
[state_rank] => 7
[state_difference] => 0.217015
[list_prices] => "292400,334500,339000,319900,339000,324900,317000,307500,285000,259900,249900,248000,258950,249900,249000,249900,252950,250000,249900,247000,239900,247000,248450,227000,209900,208950,225000,229000,229000,225000,219500,225000,229000,227000,225000,229900,256000,249925,239900,259950,259900,272499.5,249900,259700,282400,277400,281950,271450,269900,269450,272450,269900,279000,297000,285000,280000,280000,279000,279900,259900,272000,289450,289000,289000,294900,287000,292400,279900,279900,275000,285950,289900,314900,284900,319500,299900,318000,329000,329900,334900,334900,327000,299900,337450,315000,349900,315000,319900,3.00E+05,319450,299900,299900,297000,295250,329900,322450,299000,341950,334900,309900,299900,309900,323950,324950,319900,315000,334900,359900,384900,375000,365100,365850,361450,367200,379900,359900,366050,384900,379000,427000"
[list_prices_exploded] => Array
(
[0] => 292400
[1] => 334500
[2] => 339000
[3] => 319900
[4] => 339000
[5] => 324900
[6] => 317000
[7] => 307500
[8] => 285000
[9] => 259900
[10] => 249900
[11] => 248000
[12] => 258950
[13] => 249900
[14] => 249000
[15] => 249900
[16] => 252950
[17] => 250000
[18] => 249900
[19] => 247000
[20] => 239900
[21] => 247000
[22] => 248450
[23] => 227000
[24] => 209900
[25] => 208950
[26] => 225000
[27] => 229000
[28] => 229000
[29] => 225000
[30] => 219500
[31] => 225000
[32] => 229000
[33] => 227000
[34] => 225000
[35] => 229900
[36] => 256000
[37] => 249925
[38] => 239900
[39] => 259950
[40] => 259900
[41] => 272499.5
[42] => 249900
[43] => 259700
[44] => 282400
[45] => 277400
[46] => 281950
[47] => 271450
[48] => 269900
[49] => 269450
[50] => 272450
[51] => 269900
[52] => 279000
[53] => 297000
[54] => 285000
[55] => 280000
[56] => 280000
[57] => 279000
[58] => 279900
[59] => 259900
[60] => 272000
[61] => 289450
[62] => 289000
[63] => 289000
[64] => 294900
[65] => 287000
[66] => 292400
[67] => 279900
[68] => 279900
[69] => 275000
[70] => 285950
[71] => 289900
[72] => 314900
[73] => 284900
[74] => 319500
[75] => 299900
[76] => 318000
[77] => 329000
[78] => 329900
[79] => 334900
[80] => 334900
[81] => 327000
[82] => 299900
[83] => 337450
[84] => 315000
[85] => 349900
[86] => 315000
[87] => 319900
[88] => 3.00E+05
[89] => 319450
[90] => 299900
[91] => 299900
[92] => 297000
[93] => 295250
[94] => 329900
[95] => 322450
[96] => 299000
[97] => 341950
[98] => 334900
[99] => 309900
[100] => 299900
[101] => 309900
[102] => 323950
[103] => 324950
[104] => 319900
[105] => 315000
[106] => 334900
[107] => 359900
[108] => 384900
[109] => 375000
[110] => 365100
[111] => 365850
[112] => 361450
[113] => 367200
[114] => 379900
[115] => 359900
[116] => 366050
[117] => 384900
[118] => 379000
[119] => 427000
)
)
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
)
)