House Flipping Report
Neighborhood Data
Lambertville, MI 48144
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 Lambertville, MI . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Monroe County , we've been able to rank it against its peer counties within Michigan. To provide an even fuller picture, we also ranked Michigan against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Michigan
#12th in US
#37th in US
Monroe County
#19th in MI
#25th in MI
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
$ 210,450
0.03% YoY Change
Latest Monthly Sales Count
234
List Price /sqft
$124
even from last quarter
Reduced Listings /Month
4
-0.75% from last quarter
Average Home Sqft
$1,686
-0.04% 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 Monroe County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Michigan
9,995,915
0.2%
#10th in US
Monroe County
150,439
0.57%
#16th in MI
48144
9,952
#23rd in MI
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] => 19036
[country] => USA
[zip] => 48144
[city] => Lambertville
[state] => Michigan
[state_abbr] => MI
[county] => Monroe
[dma] => 505
[latitude] => 41.7534
[longitude] => -83.6303
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 48144
[zip_name] => lambertville, mi
[flag] =>
[median_listing_price] => 225500
[median_listing_price_mm] => -0.0978
[median_listing_price_yy] => -0.0718
[active_listing_count] => 27
[active_listing_count_mm] => -0.069
[active_listing_count_yy] => -0.25
[median_days_on_market] => 52.5
[median_days_on_market_mm] => 0.1667
[median_days_on_market_yy] => -0.0948
[new_listing_count] => 4
[new_listing_count_mm] => 0
[new_listing_count_yy] => -0.5
[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] =>
[pending_listing_count] => 7
[pending_listing_count_mm] => 0
[pending_listing_count_yy] => -0.4167
[median_listing_price_per_square_feet] => 124
[median_listing_price_per_square_feet_mm] => 0
[median_listing_price_per_square_feet_yy] => 0.0697
[median_square_feet] => 1686
[median_square_feet_mm] => -0.1398
[median_square_feet_yy] => -0.0371
[average_listing_price] => 238263
[average_listing_price_mm] => -0.0517
[average_listing_price_yy] => -0.0514
[total_listing_count] => 34
[total_listing_count_mm] => -0.0556
[total_listing_count_yy] => 0.2593
[pending_ratio_mm] => 0.0179
[pending_ratio_yy] => -0.0741
[RegionID] => 79012
[RegionName] => 48144
[State] => MI
[Metro] => Monroe
[County] => Monroe County
[City] => Lambertville
[SizeRank] => 865
[Zhvi] => 192700
[MoM] => 0.0115486
[QoQ] => 0.0399352
[YoY] => 0.0310326
[5Year] => 0.0934117
[10Year] => 0.0376186
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 192700
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 8216
[purchase_price] => 77923
[resale_price] => 131140
[gross_margin] => 53217
[flipcount_rank] => 12
[flipmargin_rank] => 37
[counties] => 83
[zip_population] => 9952
[zip_rank] => 323
[state_population] => 9995915
[state_rank] => 10
[state_difference] => 0.195139
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,189250,179900,186950,164450,154900,159250,152400,159400,174900,174900,174900,165400,164900,159900,154900,159900,164900,164900,182400,195000,189900,189950,179700,169900,169900,162449.5,179900,176800,180950,184000,189900,218500,204400,208900,194900,194900,189400,189900,187000,188000,213900,245000,219900,235000,204000,204750,198500,209900,217950,229900,239900,224900,229900,232400,237450,224900,213700,204500,199900,219000,199900,199900,210450"
[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] => 189250
[58] => 179900
[59] => 186950
[60] => 164450
[61] => 154900
[62] => 159250
[63] => 152400
[64] => 159400
[65] => 174900
[66] => 174900
[67] => 174900
[68] => 165400
[69] => 164900
[70] => 159900
[71] => 154900
[72] => 159900
[73] => 164900
[74] => 164900
[75] => 182400
[76] => 195000
[77] => 189900
[78] => 189950
[79] => 179700
[80] => 169900
[81] => 169900
[82] => 162449.5
[83] => 179900
[84] => 176800
[85] => 180950
[86] => 184000
[87] => 189900
[88] => 218500
[89] => 204400
[90] => 208900
[91] => 194900
[92] => 194900
[93] => 189400
[94] => 189900
[95] => 187000
[96] => 188000
[97] => 213900
[98] => 245000
[99] => 219900
[100] => 235000
[101] => 204000
[102] => 204750
[103] => 198500
[104] => 209900
[105] => 217950
[106] => 229900
[107] => 239900
[108] => 224900
[109] => 229900
[110] => 232400
[111] => 237450
[112] => 224900
[113] => 213700
[114] => 204500
[115] => 199900
[116] => 219000
[117] => 199900
[118] => 199900
[119] => 210450
)
)
Array
(
[county_name] => Monroe
[state] => Michigan
[state_fips] => 26
[county_fips] => 26115
[dma] => 505
[metro_name] => Monroe Township, MI
[cbsa_name] => Monroe, MI
[county_region_id_zillow] => 1220
[metro_region_id_zillow] => 394873
[fips] => 26115
[cbsa_code] => 33780
[population_prior] => 149592
[population] => 150439
[rank] => 16
[difference] => 0.566206749
[region_id] => 1220
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,199,144,140,125,133,129,147,153,159,160,170,166,149,135,131,145,158,173,175,167,165,168,199,216,211,181,172,159,177,186,204,199,202,205,205,183,163,146,145,145,142,141,137,151,177,193,218,214,224,206,203,184,197,185,206,192,211,215,216,212,219,227,230,232,236,239,230,236,235,234,226,232,244,251,252,254,250,248,239,234,219,226,228,246,239,238,243,250,252,259,269,267,236,219,224,240,241,252,256,254,247,254,248,237,212,201,221,232,248,231,233,233,236,241,234"
[county] => Monroe
[flips] => 71
[purchase_price] => 88252
[resale_price] => 140000
[gross_margin] => 51748
[flipcount_rank] => 19
[flipmargin_rank] => 25
[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] => 199
[28] => 144
[29] => 140
[30] => 125
[31] => 133
[32] => 129
[33] => 147
[34] => 153
[35] => 159
[36] => 160
[37] => 170
[38] => 166
[39] => 149
[40] => 135
[41] => 131
[42] => 145
[43] => 158
[44] => 173
[45] => 175
[46] => 167
[47] => 165
[48] => 168
[49] => 199
[50] => 216
[51] => 211
[52] => 181
[53] => 172
[54] => 159
[55] => 177
[56] => 186
[57] => 204
[58] => 199
[59] => 202
[60] => 205
[61] => 205
[62] => 183
[63] => 163
[64] => 146
[65] => 145
[66] => 145
[67] => 142
[68] => 141
[69] => 137
[70] => 151
[71] => 177
[72] => 193
[73] => 218
[74] => 214
[75] => 224
[76] => 206
[77] => 203
[78] => 184
[79] => 197
[80] => 185
[81] => 206
[82] => 192
[83] => 211
[84] => 215
[85] => 216
[86] => 212
[87] => 219
[88] => 227
[89] => 230
[90] => 232
[91] => 236
[92] => 239
[93] => 230
[94] => 236
[95] => 235
[96] => 234
[97] => 226
[98] => 232
[99] => 244
[100] => 251
[101] => 252
[102] => 254
[103] => 250
[104] => 248
[105] => 239
[106] => 234
[107] => 219
[108] => 226
[109] => 228
[110] => 246
[111] => 239
[112] => 238
[113] => 243
[114] => 250
[115] => 252
[116] => 259
[117] => 269
[118] => 267
[119] => 236
[120] => 219
[121] => 224
[122] => 240
[123] => 241
[124] => 252
[125] => 256
[126] => 254
[127] => 247
[128] => 254
[129] => 248
[130] => 237
[131] => 212
[132] => 201
[133] => 221
[134] => 232
[135] => 248
[136] => 231
[137] => 233
[138] => 233
[139] => 236
[140] => 241
[141] => 234
)
)