House Flipping Report
Neighborhood Data
Madison, IN 47250
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 Madison, IN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Jefferson 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
Jefferson County
#75th in IN
#60th 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
$ 149,900
0.01% YoY Change
Latest Monthly Sales Count
List Price /sqft
$93
-0.01% from last quarter
Reduced Listings /Month
12
-0.25% from last quarter
Average Home Sqft
$1,720
-0.11% 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 Jefferson 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
Jefferson County
32,208
0.5%
#52nd in IN
47250
21,944
#12th 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] => 13055
[country] => USA
[zip] => 47250
[city] => Madison
[state] => Indiana
[state_abbr] => IN
[county] => Jefferson
[dma] => 529
[latitude] => 38.8351
[longitude] => -85.3654
[timezone] => -5
[timezone_dst] => 0
[dttm] => 2019-09-30
[postal_code] => 47250
[zip_name] => madison, in
[flag] => *
[median_listing_price] => 162000
[median_listing_price_mm] => -0.0179
[median_listing_price_yy] =>
[active_listing_count] => 158
[active_listing_count_mm] => -0.0366
[active_listing_count_yy] =>
[median_days_on_market] => 80.5
[median_days_on_market_mm] => 0.6429
[median_days_on_market_yy] =>
[new_listing_count] => 24
[new_listing_count_mm] => 1
[new_listing_count_yy] => 0.2
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.25
[price_reduced_count_yy] => 0.5
[pending_listing_count] => 1
[pending_listing_count_mm] => -0.5
[pending_listing_count_yy] => 0
[median_listing_price_per_square_feet] => 93
[median_listing_price_per_square_feet_mm] => -0.0061
[median_listing_price_per_square_feet_yy] => 0.079
[median_square_feet] => 1720
[median_square_feet_mm] => -0.038
[median_square_feet_yy] => -0.1088
[average_listing_price] => 193336
[average_listing_price_mm] => -0.0122
[average_listing_price_yy] => -0.0745
[total_listing_count] => 159
[total_listing_count_mm] => -0.0422
[total_listing_count_yy] => 0.0063
[pending_ratio_mm] => -0.0059
[pending_ratio_yy] => -0.0048
[RegionID] => 78507
[RegionName] => 47250
[State] => IN
[Metro] => Madison
[County] => Jefferson County
[City] => Madison
[SizeRank] => 480
[Zhvi] => 131300
[MoM] => 0.00305577
[QoQ] => 0.000762195
[YoY] => 0.00922367
[5Year] => 0.0760803
[10Year] => 0.0500089
[PeakMonth] => 2019-02
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 134000
[PctFallFromPeak] => -0.0201493
[LastTimeAtCurrZHVI] => 2018-10
[flips] => 5663
[purchase_price] => 96458
[resale_price] => 160016
[gross_margin] => 63558
[flipcount_rank] => 17
[flipmargin_rank] => 30
[counties] => 92
[zip_population] => 21944
[zip_rank] => 112
[state_population] => 6691878
[state_rank] => 17
[state_difference] => 0.477411
[list_prices] => ",,,,,,,,,,,,,,,139900,140000,143700,145000,145250,143700,139900,137000,126200,122700,114950,114900,119000,124900,124800,128000,129900,136950,138000,139900,139900,138000,129900,124900,124900,131200,134900,135200,134900,139900,130747.5,129900,132500,138500,132200,126900,124200,129900,132200,135900,138500,134950,129900,129900,129900,139900,139900,132500,137500,144900,147500,144700,144900,134900,137500,139900,139900,130000,129900,129900,133950,133950,132950,134900,131500,134900,137700,135000,134900,129900,126500,129900,136500,149900,143500,141250,145950,147000,147000,144950,144900,148900,149400,148400,154975,149900,149900,149900,159900,159900,154900,152900,152000,152000,149900,159949.5,159999,179000,179000,167250,162200,159900,159900,149900,149900"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] => 139900
[16] => 140000
[17] => 143700
[18] => 145000
[19] => 145250
[20] => 143700
[21] => 139900
[22] => 137000
[23] => 126200
[24] => 122700
[25] => 114950
[26] => 114900
[27] => 119000
[28] => 124900
[29] => 124800
[30] => 128000
[31] => 129900
[32] => 136950
[33] => 138000
[34] => 139900
[35] => 139900
[36] => 138000
[37] => 129900
[38] => 124900
[39] => 124900
[40] => 131200
[41] => 134900
[42] => 135200
[43] => 134900
[44] => 139900
[45] => 130747.5
[46] => 129900
[47] => 132500
[48] => 138500
[49] => 132200
[50] => 126900
[51] => 124200
[52] => 129900
[53] => 132200
[54] => 135900
[55] => 138500
[56] => 134950
[57] => 129900
[58] => 129900
[59] => 129900
[60] => 139900
[61] => 139900
[62] => 132500
[63] => 137500
[64] => 144900
[65] => 147500
[66] => 144700
[67] => 144900
[68] => 134900
[69] => 137500
[70] => 139900
[71] => 139900
[72] => 130000
[73] => 129900
[74] => 129900
[75] => 133950
[76] => 133950
[77] => 132950
[78] => 134900
[79] => 131500
[80] => 134900
[81] => 137700
[82] => 135000
[83] => 134900
[84] => 129900
[85] => 126500
[86] => 129900
[87] => 136500
[88] => 149900
[89] => 143500
[90] => 141250
[91] => 145950
[92] => 147000
[93] => 147000
[94] => 144950
[95] => 144900
[96] => 148900
[97] => 149400
[98] => 148400
[99] => 154975
[100] => 149900
[101] => 149900
[102] => 149900
[103] => 159900
[104] => 159900
[105] => 154900
[106] => 152900
[107] => 152000
[108] => 152000
[109] => 149900
[110] => 159949.5
[111] => 159999
[112] => 179000
[113] => 179000
[114] => 167250
[115] => 162200
[116] => 159900
[117] => 159900
[118] => 149900
[119] => 149900
)
)
Array
(
[county_name] => Jefferson
[state] => Indiana
[state_fips] => 18
[county_fips] => 18077
[dma] => 529
[metro_name] => Madison, IN
[cbsa_name] => Madison, IN
[county_region_id_zillow] => 2740
[metro_region_id_zillow] => 394815
[fips] => 18077
[cbsa_code] => 31500
[population_prior] => 32047
[population] => 32208
[rank] => 52
[difference] => 0.502387119
[region_id] => 2740
[sale_counts] => "2,4,4,4,3,3,3,4,2,2,1,1,1,2,2,3,2,2,2,1,2,3,3,3,3,4,4,3,3,3,3,3,4,4,3,2,2,3,3,3,1,1,1,1,3,3,2,0,2,4,4,3,3,4,4,5,6,6,5,3,3,4,4,4,2,3,3,5,5,6,5,11,11,12,8,8,10,10,10,9,10,8,7,5,8,9,9,11,10,10,8,10,10,7,7,9,12,11,12,13,17,15,20,19,19,15,15,16,17,17,16,14,13,15,15,14,15,15,17,14,15,19,23,23,22,23,23,23,24,22,17,12,12,17,19,18,13,13,15,23,28,"
[county] => Jefferson
[flips] => 0
[purchase_price] => 0
[resale_price] => 0
[gross_margin] => 0
[flipcount_rank] => 75
[flipmargin_rank] => 60
[sale_counts_exploded] => Array
(
[0] => 2
[1] => 4
[2] => 4
[3] => 4
[4] => 3
[5] => 3
[6] => 3
[7] => 4
[8] => 2
[9] => 2
[10] => 1
[11] => 1
[12] => 1
[13] => 2
[14] => 2
[15] => 3
[16] => 2
[17] => 2
[18] => 2
[19] => 1
[20] => 2
[21] => 3
[22] => 3
[23] => 3
[24] => 3
[25] => 4
[26] => 4
[27] => 3
[28] => 3
[29] => 3
[30] => 3
[31] => 3
[32] => 4
[33] => 4
[34] => 3
[35] => 2
[36] => 2
[37] => 3
[38] => 3
[39] => 3
[40] => 1
[41] => 1
[42] => 1
[43] => 1
[44] => 3
[45] => 3
[46] => 2
[47] => 0
[48] => 2
[49] => 4
[50] => 4
[51] => 3
[52] => 3
[53] => 4
[54] => 4
[55] => 5
[56] => 6
[57] => 6
[58] => 5
[59] => 3
[60] => 3
[61] => 4
[62] => 4
[63] => 4
[64] => 2
[65] => 3
[66] => 3
[67] => 5
[68] => 5
[69] => 6
[70] => 5
[71] => 11
[72] => 11
[73] => 12
[74] => 8
[75] => 8
[76] => 10
[77] => 10
[78] => 10
[79] => 9
[80] => 10
[81] => 8
[82] => 7
[83] => 5
[84] => 8
[85] => 9
[86] => 9
[87] => 11
[88] => 10
[89] => 10
[90] => 8
[91] => 10
[92] => 10
[93] => 7
[94] => 7
[95] => 9
[96] => 12
[97] => 11
[98] => 12
[99] => 13
[100] => 17
[101] => 15
[102] => 20
[103] => 19
[104] => 19
[105] => 15
[106] => 15
[107] => 16
[108] => 17
[109] => 17
[110] => 16
[111] => 14
[112] => 13
[113] => 15
[114] => 15
[115] => 14
[116] => 15
[117] => 15
[118] => 17
[119] => 14
[120] => 15
[121] => 19
[122] => 23
[123] => 23
[124] => 22
[125] => 23
[126] => 23
[127] => 23
[128] => 24
[129] => 22
[130] => 17
[131] => 12
[132] => 12
[133] => 17
[134] => 19
[135] => 18
[136] => 13
[137] => 13
[138] => 15
[139] => 23
[140] => 28
[141] =>
)
)