House Flipping Report
Neighborhood Data
New London, OH 44851
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 New London, OH . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Huron 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
Huron County
#47th in OH
#46th 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 Monthly Sales Count
List Price /sqft
$59
0.09% from last quarter
Avg. Days on Market
112
-0.23% from last year
Average Home Sqft
$1,699
-0% 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 Huron 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
Huron County
58,504
0.07%
#44th in OH
44851
5,308
#14th 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] => 29686
[country] => USA
[zip] => 44851
[city] => New London
[state] => Ohio
[state_abbr] => OH
[county] => Huron
[dma] => 510
[latitude] => 41.1062
[longitude] => -82.3863
[timezone] => -5
[timezone_dst] => 1
[dttm] =>
[postal_code] => 44851
[zip_name] => new london, oh
[flag] =>
[median_listing_price] => 88050
[median_listing_price_mm] => 0
[median_listing_price_yy] => 0.0539
[active_listing_count] => 23
[active_listing_count_mm] => 0.0455
[active_listing_count_yy] => -0.0417
[median_days_on_market] => 111.5
[median_days_on_market_mm] => 0.3938
[median_days_on_market_yy] => -0.2257
[new_listing_count] => 0
[new_listing_count_mm] =>
[new_listing_count_yy] => -1
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] =>
[price_reduced_count_yy] => -1
[pending_listing_count] => 7
[pending_listing_count_mm] => -0.4615
[pending_listing_count_yy] => 0.4
[median_listing_price_per_square_feet] => 59
[median_listing_price_per_square_feet_mm] => 0.0907
[median_listing_price_per_square_feet_yy] => 0.1777
[median_square_feet] => 1699
[median_square_feet_mm] => -0.0379
[median_square_feet_yy] => -0.0047
[average_listing_price] => 90769
[average_listing_price_mm] => 0.0152
[average_listing_price_yy] => -0.3622
[total_listing_count] => 30
[total_listing_count_mm] => -0.1429
[total_listing_count_yy] => 0.3043
[pending_ratio_mm] => -0.2866
[pending_ratio_yy] => 0.096
[RegionID] =>
[RegionName] =>
[State] =>
[Metro] =>
[County] =>
[City] =>
[SizeRank] =>
[Zhvi] =>
[MoM] =>
[QoQ] =>
[YoY] =>
[5Year] =>
[10Year] =>
[PeakMonth] =>
[PeakQuarter] =>
[PeakZHVI] =>
[PctFallFromPeak] =>
[LastTimeAtCurrZHVI] =>
[flips] => 11113
[purchase_price] => 72888
[resale_price] => 129651
[gross_margin] => 56762
[flipcount_rank] => 8
[flipmargin_rank] => 33
[counties] => 88
[zip_population] => 5308
[zip_rank] => 514
[state_population] => 11689442
[state_rank] => 7
[state_difference] => 0.217015
[list_prices] =>
[list_prices_exploded] => Array
(
[0] =>
)
)
Array
(
[county_name] => Huron
[state] => Ohio
[state_fips] => 39
[county_fips] => 39077
[dma] => 510
[metro_name] => Norwalk, OH
[cbsa_name] => Norwalk, OH
[county_region_id_zillow] => 565
[metro_region_id_zillow] => 394923
[fips] => 39077
[cbsa_code] => 35940
[population_prior] => 58462
[population] => 58504
[rank] => 44
[difference] => 0.071841538
[region_id] => 565
[sale_counts] => "6,5,7,6,6,5,4,4,4,4,2,1,2,1,2,2,2,2,2,1,1,1,3,2,2,1,2,2,2,2,1,1,3,4,9,7,8,4,5,6,5,5,4,3,3,3,7,6,6,4,4,5,5,4,3,3,3,3,30,50,73,65,66,63,63,64,56,52,51,64,67,66,59,57,56,48,50,50,59,60,57,56,60,66,65,62,61,61,61,58,63,64,64,60,72,77,86,74,69,63,64,67,69,71,78,75,72,65,63,60,59,61,61,64,62,64,61,65,69,67,65,67,78,81,76,65,59,58,60,65,75,79,81,76,78,73,78,81,64,51,28,"
[county] => Huron
[flips] => 29
[purchase_price] => 45000
[resale_price] => 94900
[gross_margin] => 49900
[flipcount_rank] => 47
[flipmargin_rank] => 46
[sale_counts_exploded] => Array
(
[0] => 6
[1] => 5
[2] => 7
[3] => 6
[4] => 6
[5] => 5
[6] => 4
[7] => 4
[8] => 4
[9] => 4
[10] => 2
[11] => 1
[12] => 2
[13] => 1
[14] => 2
[15] => 2
[16] => 2
[17] => 2
[18] => 2
[19] => 1
[20] => 1
[21] => 1
[22] => 3
[23] => 2
[24] => 2
[25] => 1
[26] => 2
[27] => 2
[28] => 2
[29] => 2
[30] => 1
[31] => 1
[32] => 3
[33] => 4
[34] => 9
[35] => 7
[36] => 8
[37] => 4
[38] => 5
[39] => 6
[40] => 5
[41] => 5
[42] => 4
[43] => 3
[44] => 3
[45] => 3
[46] => 7
[47] => 6
[48] => 6
[49] => 4
[50] => 4
[51] => 5
[52] => 5
[53] => 4
[54] => 3
[55] => 3
[56] => 3
[57] => 3
[58] => 30
[59] => 50
[60] => 73
[61] => 65
[62] => 66
[63] => 63
[64] => 63
[65] => 64
[66] => 56
[67] => 52
[68] => 51
[69] => 64
[70] => 67
[71] => 66
[72] => 59
[73] => 57
[74] => 56
[75] => 48
[76] => 50
[77] => 50
[78] => 59
[79] => 60
[80] => 57
[81] => 56
[82] => 60
[83] => 66
[84] => 65
[85] => 62
[86] => 61
[87] => 61
[88] => 61
[89] => 58
[90] => 63
[91] => 64
[92] => 64
[93] => 60
[94] => 72
[95] => 77
[96] => 86
[97] => 74
[98] => 69
[99] => 63
[100] => 64
[101] => 67
[102] => 69
[103] => 71
[104] => 78
[105] => 75
[106] => 72
[107] => 65
[108] => 63
[109] => 60
[110] => 59
[111] => 61
[112] => 61
[113] => 64
[114] => 62
[115] => 64
[116] => 61
[117] => 65
[118] => 69
[119] => 67
[120] => 65
[121] => 67
[122] => 78
[123] => 81
[124] => 76
[125] => 65
[126] => 59
[127] => 58
[128] => 60
[129] => 65
[130] => 75
[131] => 79
[132] => 81
[133] => 76
[134] => 78
[135] => 73
[136] => 78
[137] => 81
[138] => 64
[139] => 51
[140] => 28
[141] =>
)
)