House Flipping Report
Neighborhood Data
Lafayette, IN 47904
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 Lafayette, IN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Tippecanoe 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
Tippecanoe County
#19th in IN
#29th 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 Monthly Sales Count
289
List Price /sqft
$84
-0.01% from last quarter
Reduced Listings /Month
4
-0.5% from last quarter
Average Home Sqft
$1,560
0.23% 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 Tippecanoe 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
Tippecanoe County
193,048
0.72%
#7th in IN
47904
16,277
#49th 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] => 13503
[country] => USA
[zip] => 47904
[city] => Lafayette
[state] => Indiana
[state_abbr] => IN
[county] => Tippecanoe
[dma] => 582
[latitude] => 40.4407
[longitude] => -86.8781
[timezone] => -5
[timezone_dst] => 0
[dttm] => 2019-09-30
[postal_code] => 47904
[zip_name] => lafayette, in
[flag] =>
[median_listing_price] => 105000
[median_listing_price_mm] => 0.1407
[median_listing_price_yy] => 0.2132
[active_listing_count] => 18
[active_listing_count_mm] => -0.1429
[active_listing_count_yy] => -0.561
[median_days_on_market] => 48
[median_days_on_market_mm] => 0.5
[median_days_on_market_yy] => -0.0204
[new_listing_count] => 4
[new_listing_count_mm] => -0.6667
[new_listing_count_yy] => -0.75
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => 0
[pending_listing_count] => 3
[pending_listing_count_mm] => -0.5
[pending_listing_count_yy] => 2
[median_listing_price_per_square_feet] => 84
[median_listing_price_per_square_feet_mm] => -0.0076
[median_listing_price_per_square_feet_yy] => 0.107
[median_square_feet] => 1560
[median_square_feet_mm] => 0.1301
[median_square_feet_yy] => 0.228
[average_listing_price] => 118366
[average_listing_price_mm] => 0.0068
[average_listing_price_yy] => 0.2619
[total_listing_count] => 21
[total_listing_count_mm] => -0.2222
[total_listing_count_yy] => 0.1667
[pending_ratio_mm] => -0.119
[pending_ratio_yy] => 0.1423
[RegionID] => 78821
[RegionName] => 47904
[State] => IN
[Metro] => Lafayette-West Lafayette
[County] => Tippecanoe County
[City] => Lafayette
[SizeRank] => 644
[Zhvi] => 94000
[MoM] => 0.0140237
[QoQ] => 0.0514541
[YoY] => 0.107185
[5Year] => 0.0568362
[10Year] => 0.00684666
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 94000
[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] => 16277
[zip_rank] => 149
[state_population] => 6691878
[state_rank] => 17
[state_difference] => 0.477411
[list_prices] =>
[list_prices_exploded] => Array
(
[0] =>
)
)
Array
(
[county_name] => Tippecanoe
[state] => Indiana
[state_fips] => 18
[county_fips] => 18157
[dma] => 582
[metro_name] => West Lafayette, IN
[cbsa_name] => Lafayette-West Lafayette, IN
[county_region_id_zillow] => 3041
[metro_region_id_zillow] => 753895
[fips] => 18157
[cbsa_code] => 29200
[population_prior] => 191670
[population] => 193048
[rank] => 7
[difference] => 0.718944018
[region_id] => 3041
[sale_counts] => "157,148,135,142,151,142,138,121,114,109,117,152,163,183,160,171,171,183,199,185,180,175,178,175,165,169,178,184,172,154,133,131,132,137,148,160,164,155,149,150,148,159,151,150,150,156,176,173,188,169,181,174,186,179,168,172,167,196,200,227,217,225,207,209,217,225,236,223,225,212,233,226,229,212,215,217,224,218,214,212,210,232,225,255,239,250,234,244,253,251,241,227,234,252,253,257,259,252,259,257,260,261,254,276,265,263,278,301,305,264,246,257,270,270,267,260,281,262,296,294,303,291,278,285,277,280,270,271,262,255,258,273,263,265,250,266,270,263,262,250,266,289"
[county] => Tippecanoe
[flips] => 81
[purchase_price] => 98765
[resale_price] => 165632
[gross_margin] => 66866
[flipcount_rank] => 19
[flipmargin_rank] => 29
[sale_counts_exploded] => Array
(
[0] => 157
[1] => 148
[2] => 135
[3] => 142
[4] => 151
[5] => 142
[6] => 138
[7] => 121
[8] => 114
[9] => 109
[10] => 117
[11] => 152
[12] => 163
[13] => 183
[14] => 160
[15] => 171
[16] => 171
[17] => 183
[18] => 199
[19] => 185
[20] => 180
[21] => 175
[22] => 178
[23] => 175
[24] => 165
[25] => 169
[26] => 178
[27] => 184
[28] => 172
[29] => 154
[30] => 133
[31] => 131
[32] => 132
[33] => 137
[34] => 148
[35] => 160
[36] => 164
[37] => 155
[38] => 149
[39] => 150
[40] => 148
[41] => 159
[42] => 151
[43] => 150
[44] => 150
[45] => 156
[46] => 176
[47] => 173
[48] => 188
[49] => 169
[50] => 181
[51] => 174
[52] => 186
[53] => 179
[54] => 168
[55] => 172
[56] => 167
[57] => 196
[58] => 200
[59] => 227
[60] => 217
[61] => 225
[62] => 207
[63] => 209
[64] => 217
[65] => 225
[66] => 236
[67] => 223
[68] => 225
[69] => 212
[70] => 233
[71] => 226
[72] => 229
[73] => 212
[74] => 215
[75] => 217
[76] => 224
[77] => 218
[78] => 214
[79] => 212
[80] => 210
[81] => 232
[82] => 225
[83] => 255
[84] => 239
[85] => 250
[86] => 234
[87] => 244
[88] => 253
[89] => 251
[90] => 241
[91] => 227
[92] => 234
[93] => 252
[94] => 253
[95] => 257
[96] => 259
[97] => 252
[98] => 259
[99] => 257
[100] => 260
[101] => 261
[102] => 254
[103] => 276
[104] => 265
[105] => 263
[106] => 278
[107] => 301
[108] => 305
[109] => 264
[110] => 246
[111] => 257
[112] => 270
[113] => 270
[114] => 267
[115] => 260
[116] => 281
[117] => 262
[118] => 296
[119] => 294
[120] => 303
[121] => 291
[122] => 278
[123] => 285
[124] => 277
[125] => 280
[126] => 270
[127] => 271
[128] => 262
[129] => 255
[130] => 258
[131] => 273
[132] => 263
[133] => 265
[134] => 250
[135] => 266
[136] => 270
[137] => 263
[138] => 262
[139] => 250
[140] => 266
[141] => 289
)
)