House Flipping Report
Neighborhood Data
Carmel, IN 46032
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 Carmel, IN . 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 Indiana. To provide an even fuller picture, we also ranked Indiana against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Indiana
#17th in US
#30th in US
Hamilton County
#9th in IN
#39th in IN
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
$ 486,445
0.04% YoY Change
Latest Monthly Sales Count
600
List Price /sqft
$129
0.03% from last quarter
Reduced Listings /Month
28
-0.5% from last quarter
Average Home Sqft
$4,636
0.07% 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
Indiana
6,691,878
0.48%
#17th in US
Hamilton County
330,086
2.17%
#4th in IN
46032
42,234
#11th in IN
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] => 12956
[country] => USA
[zip] => 46032
[city] => Carmel
[state] => Indiana
[state_abbr] => IN
[county] => Hamilton
[dma] => 527
[latitude] => 39.9729
[longitude] => -86.1775
[timezone] => -5
[timezone_dst] => 0
[dttm] => 2019-09-30
[postal_code] => 46032
[zip_name] => carmel, in
[flag] =>
[median_listing_price] => 580050
[median_listing_price_mm] => 0.0642
[median_listing_price_yy] => 0.1623
[active_listing_count] => 112
[active_listing_count_mm] => -0.2113
[active_listing_count_yy] => -0.2727
[median_days_on_market] => 81
[median_days_on_market_mm] => 0.1739
[median_days_on_market_yy] => -0.0581
[new_listing_count] => 28
[new_listing_count_mm] => -0.3
[new_listing_count_yy] => 0.4
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] => -1
[price_reduced_count] => 28
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => 0
[pending_listing_count] => 65
[pending_listing_count_mm] => -0.0299
[pending_listing_count_yy] => 0.9697
[median_listing_price_per_square_feet] => 129
[median_listing_price_per_square_feet_mm] => 0.0253
[median_listing_price_per_square_feet_yy] => 0.0898
[median_square_feet] => 4636
[median_square_feet_mm] => 0.0635
[median_square_feet_yy] => 0.0662
[average_listing_price] => 723207
[average_listing_price_mm] => 0.098
[average_listing_price_yy] => 0.1952
[total_listing_count] => 177
[total_listing_count_mm] => -0.1531
[total_listing_count_yy] => 0.5804
[pending_ratio_mm] => 0.1085
[pending_ratio_yy] => 0.3661
[RegionID] => 77918
[RegionName] => 46032
[State] => IN
[Metro] => Indianapolis-Carmel-Anderson
[County] => Hamilton County
[City] => Carmel
[SizeRank] => 662
[Zhvi] => 338800
[MoM] => 0.0017741
[QoQ] => 0.0035545
[YoY] => 0.0383083
[5Year] => 0.0514766
[10Year] => 0.0305733
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 338800
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 5663
[purchase_price] => 96458
[resale_price] => 160016
[gross_margin] => 63558
[flipcount_rank] => 17
[flipmargin_rank] => 30
[counties] => 92
[zip_population] => 42234
[zip_rank] => 11
[state_population] => 6691878
[state_rank] => 17
[state_difference] => 0.477411
[list_prices] => "299900,297950,298400,287400,295000,298450,298450,302695.5,285000,284917,280000,257500,264995,264997,277748.5,283700,283900,284900,285900,289900,280000,289945,294990,299500,299900,309900,314995,315000,309900,309990,299999,299900,299900,299900,289900,274900,279950,275000,296990,289950,306475,318495,304990,319995,302490,319990,320990,327990,339000,339450,325490,334950,349900,365000,340000,350000,340000,349500,359000,357990,391990,399000,395995,399900,4.00E+05,399900,402995,413995,412995,409700,398995,407847.5,399999,392992.5,396995,399900,409900,415000,409900,429950,4.00E+05,393000,394950,399500,393000,399950,419000,424900,449900,429000,444000,449900,459850,450000,449900,459945,459950,414900,439900,449900,439900,439900,434900,434995,425000,436950,429450,439900,459900,462500,449950,436590,439990,449995,465447.5,440000,427500,439995,427450,486445"
[list_prices_exploded] => Array
(
[0] => 299900
[1] => 297950
[2] => 298400
[3] => 287400
[4] => 295000
[5] => 298450
[6] => 298450
[7] => 302695.5
[8] => 285000
[9] => 284917
[10] => 280000
[11] => 257500
[12] => 264995
[13] => 264997
[14] => 277748.5
[15] => 283700
[16] => 283900
[17] => 284900
[18] => 285900
[19] => 289900
[20] => 280000
[21] => 289945
[22] => 294990
[23] => 299500
[24] => 299900
[25] => 309900
[26] => 314995
[27] => 315000
[28] => 309900
[29] => 309990
[30] => 299999
[31] => 299900
[32] => 299900
[33] => 299900
[34] => 289900
[35] => 274900
[36] => 279950
[37] => 275000
[38] => 296990
[39] => 289950
[40] => 306475
[41] => 318495
[42] => 304990
[43] => 319995
[44] => 302490
[45] => 319990
[46] => 320990
[47] => 327990
[48] => 339000
[49] => 339450
[50] => 325490
[51] => 334950
[52] => 349900
[53] => 365000
[54] => 340000
[55] => 350000
[56] => 340000
[57] => 349500
[58] => 359000
[59] => 357990
[60] => 391990
[61] => 399000
[62] => 395995
[63] => 399900
[64] => 4.00E+05
[65] => 399900
[66] => 402995
[67] => 413995
[68] => 412995
[69] => 409700
[70] => 398995
[71] => 407847.5
[72] => 399999
[73] => 392992.5
[74] => 396995
[75] => 399900
[76] => 409900
[77] => 415000
[78] => 409900
[79] => 429950
[80] => 4.00E+05
[81] => 393000
[82] => 394950
[83] => 399500
[84] => 393000
[85] => 399950
[86] => 419000
[87] => 424900
[88] => 449900
[89] => 429000
[90] => 444000
[91] => 449900
[92] => 459850
[93] => 450000
[94] => 449900
[95] => 459945
[96] => 459950
[97] => 414900
[98] => 439900
[99] => 449900
[100] => 439900
[101] => 439900
[102] => 434900
[103] => 434995
[104] => 425000
[105] => 436950
[106] => 429450
[107] => 439900
[108] => 459900
[109] => 462500
[110] => 449950
[111] => 436590
[112] => 439990
[113] => 449995
[114] => 465447.5
[115] => 440000
[116] => 427500
[117] => 439995
[118] => 427450
[119] => 486445
)
)
Array
(
[county_name] => Hamilton
[state] => Indiana
[state_fips] => 18
[county_fips] => 18057
[dma] => 527
[metro_name] => Indianapolis, IN
[cbsa_name] => Indianapolis-Carmel-Anderson, IN
[county_region_id_zillow] => 2318
[metro_region_id_zillow] => 394705
[fips] => 18057
[cbsa_code] => 26900
[population_prior] => 323082
[population] => 330086
[rank] => 4
[difference] => 2.167870695
[region_id] => 2318
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,586,632,635,570,553,565,559,557,539,547,516,540,612,678,629,520,446,497,554,581,587,580,563,614,666,705,654,609,558,588,581,621,625,539,555,522,699,693,719,596,586,567,591,596,609,588,593,577,704,753,756,637,591,618,604,584,537,542,566,555,731,748,788,641,627,617,619,622,603,582,553,527,667,700,735,601,569,566,570,573,566,588,581,600"
[county] => Hamilton
[flips] => 169
[purchase_price] => 215450
[resale_price] => 269000
[gross_margin] => 53550
[flipcount_rank] => 9
[flipmargin_rank] => 39
[sale_counts_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] => 586
[59] => 632
[60] => 635
[61] => 570
[62] => 553
[63] => 565
[64] => 559
[65] => 557
[66] => 539
[67] => 547
[68] => 516
[69] => 540
[70] => 612
[71] => 678
[72] => 629
[73] => 520
[74] => 446
[75] => 497
[76] => 554
[77] => 581
[78] => 587
[79] => 580
[80] => 563
[81] => 614
[82] => 666
[83] => 705
[84] => 654
[85] => 609
[86] => 558
[87] => 588
[88] => 581
[89] => 621
[90] => 625
[91] => 539
[92] => 555
[93] => 522
[94] => 699
[95] => 693
[96] => 719
[97] => 596
[98] => 586
[99] => 567
[100] => 591
[101] => 596
[102] => 609
[103] => 588
[104] => 593
[105] => 577
[106] => 704
[107] => 753
[108] => 756
[109] => 637
[110] => 591
[111] => 618
[112] => 604
[113] => 584
[114] => 537
[115] => 542
[116] => 566
[117] => 555
[118] => 731
[119] => 748
[120] => 788
[121] => 641
[122] => 627
[123] => 617
[124] => 619
[125] => 622
[126] => 603
[127] => 582
[128] => 553
[129] => 527
[130] => 667
[131] => 700
[132] => 735
[133] => 601
[134] => 569
[135] => 566
[136] => 570
[137] => 573
[138] => 566
[139] => 588
[140] => 581
[141] => 600
)
)