House Flipping Report
Neighborhood Data
New Albany, IN 47150
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 Albany, IN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Floyd 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
Floyd County
#14th in IN
#30th 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
$ 149,700
0.07% YoY Change
Latest Monthly Sales Count
List Price /sqft
$97
0.01% from last quarter
Reduced Listings /Month
36
-0.25% from last quarter
Average Home Sqft
$1,671
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 Floyd 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
Floyd County
77,781
1.05%
#21st in IN
47150
47,472
#5th 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] => 12894
[country] => USA
[zip] => 47150
[city] => New Albany
[state] => Indiana
[state_abbr] => IN
[county] => Floyd
[dma] => 529
[latitude] => 38.2813
[longitude] => -85.8414
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 47150
[zip_name] => new albany, in
[flag] => *
[median_listing_price] => 162550
[median_listing_price_mm] => -0.0435
[median_listing_price_yy] => 0.0285
[active_listing_count] => 97
[active_listing_count_mm] => -0.1261
[active_listing_count_yy] =>
[median_days_on_market] => 58.5
[median_days_on_market_mm] => 0.3295
[median_days_on_market_yy] => -0.1397
[new_listing_count] => 24
[new_listing_count_mm] => -0.4545
[new_listing_count_yy] => -0.1429
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 36
[price_reduced_count_mm] => -0.25
[price_reduced_count_yy] => 0.2857
[pending_listing_count] => 2
[pending_listing_count_mm] => -0.3333
[pending_listing_count_yy] => -0.75
[median_listing_price_per_square_feet] => 97
[median_listing_price_per_square_feet_mm] => 0.0073
[median_listing_price_per_square_feet_yy] => 0.0502
[median_square_feet] => 1671
[median_square_feet_mm] => -0.0285
[median_square_feet_yy] => 0.065
[average_listing_price] => 198817
[average_listing_price_mm] => -0.0027
[average_listing_price_yy] => 0.0731
[total_listing_count] => 99
[total_listing_count_mm] => -0.1316
[total_listing_count_yy] => 0.0206
[pending_ratio_mm] => -0.0064
[pending_ratio_yy] => -0.0483
[RegionID] => 78467
[RegionName] => 47150
[State] => IN
[Metro] => Louisville/Jefferson County
[County] => Floyd County
[City] => New Albany
[SizeRank] => 527
[Zhvi] => 142300
[MoM] => -0.00140351
[QoQ] => 0.00850461
[YoY] => 0.0651198
[5Year] => 0.0545715
[10Year] => 0.0246912
[PeakMonth] => 2019-08
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 142500
[PctFallFromPeak] => -0.00140351
[LastTimeAtCurrZHVI] => 2019-08
[flips] => 5663
[purchase_price] => 96458
[resale_price] => 160016
[gross_margin] => 63558
[flipcount_rank] => 17
[flipmargin_rank] => 30
[counties] => 92
[zip_population] => 47472
[zip_rank] => 5
[state_population] => 6691878
[state_rank] => 17
[state_difference] => 0.477411
[list_prices] => "117425,114900,114900,109450,109900,110950,114000,115000,114900,114900,119900,115000,114450,112900,110000,114000,114450,114000,113900,111900,110000,110000,110000,109900,107450,99945,99000,95000,99875,99900,104900,104900,101500,99900,99800,99900,99900,1.00E+05,108499,108249.5,109900,108000,105000,105000,105000,104900,105000,105000,105000,109450,114900,115000,112450,114250,115850,110000,114000,109999,109900,109499,105000,115900,119900,118500,115000,113925,109950,112450,109900,115000,115000,115000,115000,119000,117700,119950,124900,120450,120000,125000,119900,119000,120000,120000,119450,120600,130000,130000,129900,129800,129450,127000,129950,134900,132900,125000,126000,128949.5,130000,134900,130000,139500,139900,140900,144900,139900,139900,139900,139900,143700,149450,149900,149900,154500,149900,159900,159900,155000,156250,149700"
[list_prices_exploded] => Array
(
[0] => 117425
[1] => 114900
[2] => 114900
[3] => 109450
[4] => 109900
[5] => 110950
[6] => 114000
[7] => 115000
[8] => 114900
[9] => 114900
[10] => 119900
[11] => 115000
[12] => 114450
[13] => 112900
[14] => 110000
[15] => 114000
[16] => 114450
[17] => 114000
[18] => 113900
[19] => 111900
[20] => 110000
[21] => 110000
[22] => 110000
[23] => 109900
[24] => 107450
[25] => 99945
[26] => 99000
[27] => 95000
[28] => 99875
[29] => 99900
[30] => 104900
[31] => 104900
[32] => 101500
[33] => 99900
[34] => 99800
[35] => 99900
[36] => 99900
[37] => 1.00E+05
[38] => 108499
[39] => 108249.5
[40] => 109900
[41] => 108000
[42] => 105000
[43] => 105000
[44] => 105000
[45] => 104900
[46] => 105000
[47] => 105000
[48] => 105000
[49] => 109450
[50] => 114900
[51] => 115000
[52] => 112450
[53] => 114250
[54] => 115850
[55] => 110000
[56] => 114000
[57] => 109999
[58] => 109900
[59] => 109499
[60] => 105000
[61] => 115900
[62] => 119900
[63] => 118500
[64] => 115000
[65] => 113925
[66] => 109950
[67] => 112450
[68] => 109900
[69] => 115000
[70] => 115000
[71] => 115000
[72] => 115000
[73] => 119000
[74] => 117700
[75] => 119950
[76] => 124900
[77] => 120450
[78] => 120000
[79] => 125000
[80] => 119900
[81] => 119000
[82] => 120000
[83] => 120000
[84] => 119450
[85] => 120600
[86] => 130000
[87] => 130000
[88] => 129900
[89] => 129800
[90] => 129450
[91] => 127000
[92] => 129950
[93] => 134900
[94] => 132900
[95] => 125000
[96] => 126000
[97] => 128949.5
[98] => 130000
[99] => 134900
[100] => 130000
[101] => 139500
[102] => 139900
[103] => 140900
[104] => 144900
[105] => 139900
[106] => 139900
[107] => 139900
[108] => 139900
[109] => 143700
[110] => 149450
[111] => 149900
[112] => 149900
[113] => 154500
[114] => 149900
[115] => 159900
[116] => 159900
[117] => 155000
[118] => 156250
[119] => 149700
)
)
Array
(
[county_name] => Floyd
[state] => Indiana
[state_fips] => 18
[county_fips] => 18043
[dma] => 529
[metro_name] => Louisville, KY
[cbsa_name] => Louisville/Jefferson County, KY-IN
[county_region_id_zillow] => 514
[metro_region_id_zillow] => 394807
[fips] => 18043
[cbsa_code] => 31140
[population_prior] => 76970
[population] => 77781
[rank] => 21
[difference] => 1.053657269
[region_id] => 514
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,146,152,148,148,148,153,146,152,157,148,147,136,150,140,143,142,154,147,139,139,132,138,136,146,143,145,144,152,150,150,"
[county] => Floyd
[flips] => 123
[purchase_price] => 107000
[resale_price] => 172000
[gross_margin] => 65000
[flipcount_rank] => 14
[flipmargin_rank] => 30
[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] => 146
[112] => 152
[113] => 148
[114] => 148
[115] => 148
[116] => 153
[117] => 146
[118] => 152
[119] => 157
[120] => 148
[121] => 147
[122] => 136
[123] => 150
[124] => 140
[125] => 143
[126] => 142
[127] => 154
[128] => 147
[129] => 139
[130] => 139
[131] => 132
[132] => 138
[133] => 136
[134] => 146
[135] => 143
[136] => 145
[137] => 144
[138] => 152
[139] => 150
[140] => 150
[141] =>
)
)