House Flipping Report
Neighborhood Data
Greenbush, MI 48738
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 Greenbush, MI . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Alcona 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
Alcona County
#54th in MI
#50th 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
$ 157,450
even YoY Change
List Price /sqft
$137
even from last quarter
Average Home Sqft
$1,296
0.03% 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 Alcona 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
Alcona County
10,362
0.38%
#75th in MI
48738
1,269
#82nd 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] => 18326
[country] => USA
[zip] => 48738
[city] => Greenbush
[state] => Michigan
[state_abbr] => MI
[county] => Alcona
[dma] => 583
[latitude] => 44.5542
[longitude] => -83.342
[timezone] => -5
[timezone_dst] => 1
[dttm] =>
[postal_code] => 48738
[zip_name] => greenbush, mi
[flag] =>
[median_listing_price] => 169550
[median_listing_price_mm] => 0
[median_listing_price_yy] => 0.2115
[active_listing_count] => 36
[active_listing_count_mm] => -0.2
[active_listing_count_yy] => -0.25
[median_days_on_market] => 147.5
[median_days_on_market_mm] => 0.2607
[median_days_on_market_yy] => 0.1346
[new_listing_count] => 4
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] =>
[price_reduced_count_yy] =>
[pending_listing_count] => 1
[pending_listing_count_mm] =>
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 137
[median_listing_price_per_square_feet_mm] => 0
[median_listing_price_per_square_feet_yy] => 0.1979
[median_square_feet] => 1296
[median_square_feet_mm] => 0
[median_square_feet_yy] => 0.0253
[average_listing_price] => 178402
[average_listing_price_mm] => -0.0213
[average_listing_price_yy] => 0.0341
[total_listing_count] => 37
[total_listing_count_mm] => -0.1778
[total_listing_count_yy] => 0.0278
[pending_ratio_mm] => 0.0278
[pending_ratio_yy] => 0.0278
[RegionID] =>
[RegionName] =>
[State] =>
[Metro] =>
[County] =>
[City] =>
[SizeRank] =>
[Zhvi] =>
[MoM] =>
[QoQ] =>
[YoY] =>
[5Year] =>
[10Year] =>
[PeakMonth] =>
[PeakQuarter] =>
[PeakZHVI] =>
[PctFallFromPeak] =>
[LastTimeAtCurrZHVI] =>
[flips] => 8216
[purchase_price] => 77923
[resale_price] => 131140
[gross_margin] => 53217
[flipcount_rank] => 12
[flipmargin_rank] => 37
[counties] => 83
[zip_population] => 1269
[zip_rank] => 782
[state_population] => 9995915
[state_rank] => 10
[state_difference] => 0.195139
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,155000,154950,159900,157450,152400,142450,142450,154450,158000,158000,158950,149900,149900,149900,149900,144450,149900,144900,139900,152500,169900,155000,149900,172400,169900,169900,168000,159900,159900,159000,149900,134900,139450,139900,137400,149900,139900,145900,147450,144450,139900,134900,139900,139900,137400,137400,149900,144900,139900,139900,132400,129900,129000,129000,115000,129900,134900,147000,154900,159450,154450,169900,159900,144500,124900,119900,119900,129950,149000,144450,139900,139900,149900,149900,157250,169000,157450,157450"
[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] => 155000
[43] => 154950
[44] => 159900
[45] => 157450
[46] => 152400
[47] => 142450
[48] => 142450
[49] => 154450
[50] => 158000
[51] => 158000
[52] => 158950
[53] => 149900
[54] => 149900
[55] => 149900
[56] => 149900
[57] => 144450
[58] => 149900
[59] => 144900
[60] => 139900
[61] => 152500
[62] => 169900
[63] => 155000
[64] => 149900
[65] => 172400
[66] => 169900
[67] => 169900
[68] => 168000
[69] => 159900
[70] => 159900
[71] => 159000
[72] => 149900
[73] => 134900
[74] => 139450
[75] => 139900
[76] => 137400
[77] => 149900
[78] => 139900
[79] => 145900
[80] => 147450
[81] => 144450
[82] => 139900
[83] => 134900
[84] => 139900
[85] => 139900
[86] => 137400
[87] => 137400
[88] => 149900
[89] => 144900
[90] => 139900
[91] => 139900
[92] => 132400
[93] => 129900
[94] => 129000
[95] => 129000
[96] => 115000
[97] => 129900
[98] => 134900
[99] => 147000
[100] => 154900
[101] => 159450
[102] => 154450
[103] => 169900
[104] => 159900
[105] => 144500
[106] => 124900
[107] => 119900
[108] => 119900
[109] => 129950
[110] => 149000
[111] => 144450
[112] => 139900
[113] => 139900
[114] => 149900
[115] => 149900
[116] => 157250
[117] => 169000
[118] => 157450
[119] => 157450
)
)
Array
(
[county_name] => Alcona
[state] => Michigan
[state_fips] => 26
[county_fips] => 26001
[dma] => 583
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 825
[metro_region_id_zillow] =>
[fips] => 26001
[cbsa_code] =>
[population_prior] => 10323
[population] => 10362
[rank] => 75
[difference] => 0.377797152
[region_id] =>
[sale_counts] =>
[county] => Alcona
[flips] => 1
[purchase_price] => 34000
[resale_price] => 40000
[gross_margin] => 6000
[flipcount_rank] => 54
[flipmargin_rank] => 50
[sale_counts_exploded] => Array
(
[0] =>
)
)