House Flipping Report
Neighborhood Data
Cincinnati, OH 45241
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 Cincinnati, OH . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Hamilton 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
Hamilton County
#3rd in OH
#15th 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
$ 370,000
0.04% YoY Change
Latest Monthly Sales Count
List Price /sqft
$112
-0.03% from last quarter
Average Home Sqft
$2,613
0.28% 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 Hamilton 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
Hamilton County
816,684
0.25%
#3rd in OH
45241
23,044
#63rd 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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