House Flipping Report
Neighborhood Data
Evansville, IN 47714
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 Evansville, IN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Vanderburgh 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
Vanderburgh County
#5th in IN
#36th 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
$ 84,950
0.08% YoY Change
Latest Monthly Sales Count
359
Reduced Listings /Month
32
-0.38% from last quarter
Average Home Sqft
$1,267
0.05% 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 Vanderburgh 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
Vanderburgh County
180,974
0.04%
#8th in IN
47714
34,107
#35th 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] => 13537
[country] => USA
[zip] => 47714
[city] => Evansville
[state] => Indiana
[state_abbr] => IN
[county] => Vanderburgh
[dma] => 649
[latitude] => 37.9423
[longitude] => -87.5208
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 47714
[zip_name] => evansville, in
[flag] => *
[median_listing_price] => 81950
[median_listing_price_mm] => -0.0353
[median_listing_price_yy] => 0.0919
[active_listing_count] => 139
[active_listing_count_mm] => 0.0146
[active_listing_count_yy] => 0.2752
[median_days_on_market] => 77
[median_days_on_market_mm] => 0.2031
[median_days_on_market_yy] =>
[new_listing_count] => 32
[new_listing_count_mm] => -0.2
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 32
[price_reduced_count_mm] => -0.3846
[price_reduced_count_yy] => 0.6
[pending_listing_count] => 0
[pending_listing_count_mm] => -1
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 70
[median_listing_price_per_square_feet_mm] => 0.0018
[median_listing_price_per_square_feet_yy] => 0.1638
[median_square_feet] => 1267
[median_square_feet_mm] => -0.0336
[median_square_feet_yy] => 0.0523
[average_listing_price] => 106205
[average_listing_price_mm] => -0.0415
[average_listing_price_yy] => 0.1612
[total_listing_count] => 139
[total_listing_count_mm] => 0.0072
[total_listing_count_yy] => 0
[pending_ratio_mm] => -0.0073
[pending_ratio_yy] => 0
[RegionID] => 78733
[RegionName] => 47714
[State] => IN
[Metro] => Evansville
[County] => Vanderburgh County
[City] => Evansville
[SizeRank] => 221
[Zhvi] => 87800
[MoM] => 0
[QoQ] => 0.0138568
[YoY] => 0.0799508
[5Year] => 0.0518215
[10Year] => 0.00909491
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 87800
[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] => 34107
[zip_rank] => 35
[state_population] => 6691878
[state_rank] => 17
[state_difference] => 0.477411
[list_prices] => "78332.5,79900,79800,78900,75900,75900,74900,74900,72000,74900,71000,74400,72500,69900,70000,74900,74900,74900,74584,74500,72750,71500,73000,69900,69900,69900,69900,69894,69900,69900,74900,73500,69900,69900,69900,69900,69900,69900,69900,72800,75900,75000,74900,74900,79700,78900,76000,75950,75900,72500,74700,72500,75000,74900,74950,77500,74949.5,75000,75000,77500,78500,79800,78500,74900,74700,71950,73950,72250,70250,69900,69000,69900,72050,69900,68500,69900,69700,69900,68500,66750,67000,69894,69000,69900,69000,69900,69950,69900,69900,77250,74900,70900,74200,75900,71000,73205,72900,70450,74900,78500,74200,79900,78000,79900,80360,80000,79900,79500,76750,75000,77450,83742.5,80000,89900,88000,85000,86604,84900,85000,84950"
[list_prices_exploded] => Array
(
[0] => 78332.5
[1] => 79900
[2] => 79800
[3] => 78900
[4] => 75900
[5] => 75900
[6] => 74900
[7] => 74900
[8] => 72000
[9] => 74900
[10] => 71000
[11] => 74400
[12] => 72500
[13] => 69900
[14] => 70000
[15] => 74900
[16] => 74900
[17] => 74900
[18] => 74584
[19] => 74500
[20] => 72750
[21] => 71500
[22] => 73000
[23] => 69900
[24] => 69900
[25] => 69900
[26] => 69900
[27] => 69894
[28] => 69900
[29] => 69900
[30] => 74900
[31] => 73500
[32] => 69900
[33] => 69900
[34] => 69900
[35] => 69900
[36] => 69900
[37] => 69900
[38] => 69900
[39] => 72800
[40] => 75900
[41] => 75000
[42] => 74900
[43] => 74900
[44] => 79700
[45] => 78900
[46] => 76000
[47] => 75950
[48] => 75900
[49] => 72500
[50] => 74700
[51] => 72500
[52] => 75000
[53] => 74900
[54] => 74950
[55] => 77500
[56] => 74949.5
[57] => 75000
[58] => 75000
[59] => 77500
[60] => 78500
[61] => 79800
[62] => 78500
[63] => 74900
[64] => 74700
[65] => 71950
[66] => 73950
[67] => 72250
[68] => 70250
[69] => 69900
[70] => 69000
[71] => 69900
[72] => 72050
[73] => 69900
[74] => 68500
[75] => 69900
[76] => 69700
[77] => 69900
[78] => 68500
[79] => 66750
[80] => 67000
[81] => 69894
[82] => 69000
[83] => 69900
[84] => 69000
[85] => 69900
[86] => 69950
[87] => 69900
[88] => 69900
[89] => 77250
[90] => 74900
[91] => 70900
[92] => 74200
[93] => 75900
[94] => 71000
[95] => 73205
[96] => 72900
[97] => 70450
[98] => 74900
[99] => 78500
[100] => 74200
[101] => 79900
[102] => 78000
[103] => 79900
[104] => 80360
[105] => 80000
[106] => 79900
[107] => 79500
[108] => 76750
[109] => 75000
[110] => 77450
[111] => 83742.5
[112] => 80000
[113] => 89900
[114] => 88000
[115] => 85000
[116] => 86604
[117] => 84900
[118] => 85000
[119] => 84950
)
)
Array
(
[county_name] => Vanderburgh
[state] => Indiana
[state_fips] => 18
[county_fips] => 18163
[dma] => 649
[metro_name] => Evansville, IN
[cbsa_name] => Evansville, IN-KY
[county_region_id_zillow] => 3146
[metro_region_id_zillow] => 394579
[fips] => 18163
[cbsa_code] => 21780
[population_prior] => 180900
[population] => 180974
[rank] => 8
[difference] => 0.040906578
[region_id] => 3146
[sale_counts] => "259,235,195,190,197,201,201,203,204,209,187,192,184,189,176,185,221,232,224,209,241,251,239,218,224,234,235,233,206,179,161,171,222,238,249,230,216,211,177,183,187,195,184,176,208,219,246,236,248,236,220,203,210,222,228,235,270,277,274,253,256,261,228,209,178,217,237,266,256,264,265,265,262,257,262,264,270,265,279,282,289,292,301,301,297,289,256,257,263,294,299,304,317,314,313,321,327,331,321,322,325,328,306,295,328,342,368,339,349,324,313,304,307,312,310,303,340,336,348,324,330,330,325,343,340,342,317,335,350,349,319,310,314,338,315,320,334,334,343,305,356,359"
[county] => Vanderburgh
[flips] => 291
[purchase_price] => 71473
[resale_price] => 129984
[gross_margin] => 58511
[flipcount_rank] => 5
[flipmargin_rank] => 36
[sale_counts_exploded] => Array
(
[0] => 259
[1] => 235
[2] => 195
[3] => 190
[4] => 197
[5] => 201
[6] => 201
[7] => 203
[8] => 204
[9] => 209
[10] => 187
[11] => 192
[12] => 184
[13] => 189
[14] => 176
[15] => 185
[16] => 221
[17] => 232
[18] => 224
[19] => 209
[20] => 241
[21] => 251
[22] => 239
[23] => 218
[24] => 224
[25] => 234
[26] => 235
[27] => 233
[28] => 206
[29] => 179
[30] => 161
[31] => 171
[32] => 222
[33] => 238
[34] => 249
[35] => 230
[36] => 216
[37] => 211
[38] => 177
[39] => 183
[40] => 187
[41] => 195
[42] => 184
[43] => 176
[44] => 208
[45] => 219
[46] => 246
[47] => 236
[48] => 248
[49] => 236
[50] => 220
[51] => 203
[52] => 210
[53] => 222
[54] => 228
[55] => 235
[56] => 270
[57] => 277
[58] => 274
[59] => 253
[60] => 256
[61] => 261
[62] => 228
[63] => 209
[64] => 178
[65] => 217
[66] => 237
[67] => 266
[68] => 256
[69] => 264
[70] => 265
[71] => 265
[72] => 262
[73] => 257
[74] => 262
[75] => 264
[76] => 270
[77] => 265
[78] => 279
[79] => 282
[80] => 289
[81] => 292
[82] => 301
[83] => 301
[84] => 297
[85] => 289
[86] => 256
[87] => 257
[88] => 263
[89] => 294
[90] => 299
[91] => 304
[92] => 317
[93] => 314
[94] => 313
[95] => 321
[96] => 327
[97] => 331
[98] => 321
[99] => 322
[100] => 325
[101] => 328
[102] => 306
[103] => 295
[104] => 328
[105] => 342
[106] => 368
[107] => 339
[108] => 349
[109] => 324
[110] => 313
[111] => 304
[112] => 307
[113] => 312
[114] => 310
[115] => 303
[116] => 340
[117] => 336
[118] => 348
[119] => 324
[120] => 330
[121] => 330
[122] => 325
[123] => 343
[124] => 340
[125] => 342
[126] => 317
[127] => 335
[128] => 350
[129] => 349
[130] => 319
[131] => 310
[132] => 314
[133] => 338
[134] => 315
[135] => 320
[136] => 334
[137] => 334
[138] => 343
[139] => 305
[140] => 356
[141] => 359
)
)