House Flipping Report
Neighborhood Data
Indianapolis, IN 46250
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 Indianapolis, IN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Marion 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
Marion County
#1st in IN
#40th 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
$ 294,900
0.07% YoY Change
Latest Monthly Sales Count
List Price /sqft
$121
0.02% from last quarter
Reduced Listings /Month
4
-0.75% from last quarter
Average Home Sqft
$3,744
0.22% 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 Marion 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
Marion County
954,670
0.6%
#1st in IN
46250
18,546
#34th 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] => 13222
[country] => USA
[zip] => 46250
[city] => Indianapolis
[state] => Indiana
[state_abbr] => IN
[county] => Marion
[dma] => 527
[latitude] => 39.9117
[longitude] => -86.0714
[timezone] => -5
[timezone_dst] => 0
[dttm] => 2019-09-30
[postal_code] => 46250
[zip_name] => indianapolis, in
[flag] => *
[median_listing_price] => 455000
[median_listing_price_mm] => 0.1402
[median_listing_price_yy] =>
[active_listing_count] => 37
[active_listing_count_mm] => -0.1957
[active_listing_count_yy] => 0.1212
[median_days_on_market] => 87.5
[median_days_on_market_mm] => 0.3672
[median_days_on_market_yy] => 0.1986
[new_listing_count] => 0
[new_listing_count_mm] => -1
[new_listing_count_yy] => -1
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.75
[price_reduced_count_yy] => -0.75
[pending_listing_count] => 25
[pending_listing_count_mm] => -0.1667
[pending_listing_count_yy] => 0.3158
[median_listing_price_per_square_feet] => 121
[median_listing_price_per_square_feet_mm] => 0.0203
[median_listing_price_per_square_feet_yy] => 0.1545
[median_square_feet] => 3744
[median_square_feet_mm] => 0.0021
[median_square_feet_yy] => 0.2227
[average_listing_price] => 493231
[average_listing_price_mm] => 0.0577
[average_listing_price_yy] => 0.2266
[total_listing_count] => 62
[total_listing_count_mm] => -0.1842
[total_listing_count_yy] => 0.6757
[pending_ratio_mm] => 0.0235
[pending_ratio_yy] => 0.0999
[RegionID] => 78058
[RegionName] => 46250
[State] => IN
[Metro] => Indianapolis-Carmel-Anderson
[County] => Marion County
[City] => Indianapolis
[SizeRank] => 443
[Zhvi] => 228000
[MoM] => 0.0110865
[QoQ] => 0.0187668
[YoY] => 0.0694184
[5Year] => 0.0650164
[10Year] => 0.0376189
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 228000
[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] => 18546
[zip_rank] => 134
[state_population] => 6691878
[state_rank] => 17
[state_difference] => 0.477411
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,260000,248850,245000,249000,245000,237450,229900,208500,222400,222400,244900,259900,239950,251400,240000,265000,279950,282518,281209,294900"
[list_prices_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] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] =>
[93] =>
[94] =>
[95] =>
[96] =>
[97] =>
[98] =>
[99] =>
[100] => 260000
[101] => 248850
[102] => 245000
[103] => 249000
[104] => 245000
[105] => 237450
[106] => 229900
[107] => 208500
[108] => 222400
[109] => 222400
[110] => 244900
[111] => 259900
[112] => 239950
[113] => 251400
[114] => 240000
[115] => 265000
[116] => 279950
[117] => 282518
[118] => 281209
[119] => 294900
)
)
Array
(
[county_name] => Marion
[state] => Indiana
[state_fips] => 18
[county_fips] => 18097
[dma] => 527
[metro_name] => Indianapolis, IN
[cbsa_name] => Indianapolis-Carmel-Anderson, IN
[county_region_id_zillow] => 1165
[metro_region_id_zillow] => 394705
[fips] => 18097
[cbsa_code] => 26900
[population_prior] => 948952
[population] => 954670
[rank] => 1
[difference] => 0.602559455
[region_id] => 1165
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,1809,1816,1858,1754,1812,1920,1948,2103,2090,2019,1911,1770,1760,1668,1725,1820,1864,1850,1711,1703,1663,1701,1632,1616,1572,1643,1664,1786,1788,1884,"
[county] => Marion
[flips] => 793
[purchase_price] => 104971
[resale_price] => 157856
[gross_margin] => 52884
[flipcount_rank] => 1
[flipmargin_rank] => 40
[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] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] =>
[93] =>
[94] =>
[95] =>
[96] =>
[97] =>
[98] =>
[99] =>
[100] =>
[101] =>
[102] =>
[103] =>
[104] =>
[105] =>
[106] =>
[107] =>
[108] =>
[109] =>
[110] =>
[111] => 1809
[112] => 1816
[113] => 1858
[114] => 1754
[115] => 1812
[116] => 1920
[117] => 1948
[118] => 2103
[119] => 2090
[120] => 2019
[121] => 1911
[122] => 1770
[123] => 1760
[124] => 1668
[125] => 1725
[126] => 1820
[127] => 1864
[128] => 1850
[129] => 1711
[130] => 1703
[131] => 1663
[132] => 1701
[133] => 1632
[134] => 1616
[135] => 1572
[136] => 1643
[137] => 1664
[138] => 1786
[139] => 1788
[140] => 1884
[141] =>
)
)