House Flipping Report
Neighborhood Data
Lansing, MI 48915
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 Lansing, MI . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Ingham 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
Ingham County
#7th in MI
#22nd 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
$ 81,000
even YoY Change
Latest Monthly Sales Count
List Price /sqft
$63
even from last quarter
Reduced Listings /Month
12
-0.4% from last quarter
Average Home Sqft
$1,332
0.08% 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 Ingham 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
Ingham County
292,735
0.14%
#7th in MI
48915
9,218
#38th 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] => 18702
[country] => USA
[zip] => 48915
[city] => Lansing
[state] => Michigan
[state_abbr] => MI
[county] => Ingham
[dma] => 551
[latitude] => 42.7381
[longitude] => -84.5681
[timezone] => -5
[timezone_dst] => 1
[dttm] =>
[postal_code] => 48915
[zip_name] => lansing, mi
[flag] =>
[median_listing_price] => 82950
[median_listing_price_mm] => 0
[median_listing_price_yy] => 0.1355
[active_listing_count] => 37
[active_listing_count_mm] => -0.1778
[active_listing_count_yy] => -0.075
[median_days_on_market] => 80
[median_days_on_market_mm] => 0.2698
[median_days_on_market_yy] => 0.2903
[new_listing_count] => 8
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => 1
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.4
[price_reduced_count_yy] => 2
[pending_listing_count] => 19
[pending_listing_count_mm] => -0.3448
[pending_listing_count_yy] => 0.3571
[median_listing_price_per_square_feet] => 63
[median_listing_price_per_square_feet_mm] => 0
[median_listing_price_per_square_feet_yy] => 0.0125
[median_square_feet] => 1332
[median_square_feet_mm] => 0
[median_square_feet_yy] => 0.0812
[average_listing_price] => 87040
[average_listing_price_mm] => 0.0035
[average_listing_price_yy] => 0.0444
[total_listing_count] => 56
[total_listing_count_mm] => -0.2432
[total_listing_count_yy] => 0.5135
[pending_ratio_mm] => -0.1309
[pending_ratio_yy] => 0.1635
[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] => 9218
[zip_rank] => 338
[state_population] => 9995915
[state_rank] => 10
[state_difference] => 0.195139
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,49900,49925,49900,45000,44900,45000,44900,43700,46650,54900,49900,49900,58700,61700,59900,58200,59450,57900,59900,60000,62900,56000,52000,50500,49900,52000,54900,57450,65000,59950,65000,59925,59900,59900,55000,59900,55000,59999.5,60000,59900,59900,59900,59900,59900,59900,54900,52650,51800,53400,49950,54500,59900,59565,61900,59900,60000,65000,64900,64900,59900,59900,64900,64950,65000,64950,64900,64900,64900,59938.5,64900,62137,67000,64900,66000,63500,65900,69000,66400,69900,70000,74900,69900,68900,70000,78700,78700,79900,79900,79900,75400,73900,78450,74900,78000,81000"
[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] => 49900
[26] => 49925
[27] => 49900
[28] => 45000
[29] => 44900
[30] => 45000
[31] => 44900
[32] => 43700
[33] => 46650
[34] => 54900
[35] => 49900
[36] => 49900
[37] => 58700
[38] => 61700
[39] => 59900
[40] => 58200
[41] => 59450
[42] => 57900
[43] => 59900
[44] => 60000
[45] => 62900
[46] => 56000
[47] => 52000
[48] => 50500
[49] => 49900
[50] => 52000
[51] => 54900
[52] => 57450
[53] => 65000
[54] => 59950
[55] => 65000
[56] => 59925
[57] => 59900
[58] => 59900
[59] => 55000
[60] => 59900
[61] => 55000
[62] => 59999.5
[63] => 60000
[64] => 59900
[65] => 59900
[66] => 59900
[67] => 59900
[68] => 59900
[69] => 59900
[70] => 54900
[71] => 52650
[72] => 51800
[73] => 53400
[74] => 49950
[75] => 54500
[76] => 59900
[77] => 59565
[78] => 61900
[79] => 59900
[80] => 60000
[81] => 65000
[82] => 64900
[83] => 64900
[84] => 59900
[85] => 59900
[86] => 64900
[87] => 64950
[88] => 65000
[89] => 64950
[90] => 64900
[91] => 64900
[92] => 64900
[93] => 59938.5
[94] => 64900
[95] => 62137
[96] => 67000
[97] => 64900
[98] => 66000
[99] => 63500
[100] => 65900
[101] => 69000
[102] => 66400
[103] => 69900
[104] => 70000
[105] => 74900
[106] => 69900
[107] => 68900
[108] => 70000
[109] => 78700
[110] => 78700
[111] => 79900
[112] => 79900
[113] => 79900
[114] => 75400
[115] => 73900
[116] => 78450
[117] => 74900
[118] => 78000
[119] => 81000
)
)
Array
(
[county_name] => Ingham
[state] => Michigan
[state_fips] => 26
[county_fips] => 26065
[dma] => 551
[metro_name] => Lansing, MI
[cbsa_name] => Lansing-East Lansing, MI
[county_region_id_zillow] => 1110
[metro_region_id_zillow] => 394770
[fips] => 26065
[cbsa_code] => 29620
[population_prior] => 292327
[population] => 292735
[rank] => 7
[difference] => 0.139569728
[region_id] => 1110
[sale_counts] => "296,341,348,343,323,307,307,306,302,306,289,322,339,381,355,327,319,315,352,354,387,408,382,369,361,397,422,393,346,282,250,241,281,311,338,334,345,340,323,284,262,281,291,284,266,271,345,393,410,378,345,332,314,313,331,335,331,347,392,432,424,407,377,339,325,324,357,348,342,337,349,365,364,356,343,328,359,360,366,342,345,376,354,369,345,363,343,356,372,404,363,359,339,388,387,409,424,429,399,399,404,431,440,412,404,385,406,407,416,431,447,455,451,428,417,421,476,461,458,412,418,465,477,469,423,414,414,414,426,412,415,429,462,470,448,440,431,426,432,428,424,"
[county] => Ingham
[flips] => 206
[purchase_price] => 70966
[resale_price] => 124257
[gross_margin] => 53291
[flipcount_rank] => 7
[flipmargin_rank] => 22
[sale_counts_exploded] => Array
(
[0] => 296
[1] => 341
[2] => 348
[3] => 343
[4] => 323
[5] => 307
[6] => 307
[7] => 306
[8] => 302
[9] => 306
[10] => 289
[11] => 322
[12] => 339
[13] => 381
[14] => 355
[15] => 327
[16] => 319
[17] => 315
[18] => 352
[19] => 354
[20] => 387
[21] => 408
[22] => 382
[23] => 369
[24] => 361
[25] => 397
[26] => 422
[27] => 393
[28] => 346
[29] => 282
[30] => 250
[31] => 241
[32] => 281
[33] => 311
[34] => 338
[35] => 334
[36] => 345
[37] => 340
[38] => 323
[39] => 284
[40] => 262
[41] => 281
[42] => 291
[43] => 284
[44] => 266
[45] => 271
[46] => 345
[47] => 393
[48] => 410
[49] => 378
[50] => 345
[51] => 332
[52] => 314
[53] => 313
[54] => 331
[55] => 335
[56] => 331
[57] => 347
[58] => 392
[59] => 432
[60] => 424
[61] => 407
[62] => 377
[63] => 339
[64] => 325
[65] => 324
[66] => 357
[67] => 348
[68] => 342
[69] => 337
[70] => 349
[71] => 365
[72] => 364
[73] => 356
[74] => 343
[75] => 328
[76] => 359
[77] => 360
[78] => 366
[79] => 342
[80] => 345
[81] => 376
[82] => 354
[83] => 369
[84] => 345
[85] => 363
[86] => 343
[87] => 356
[88] => 372
[89] => 404
[90] => 363
[91] => 359
[92] => 339
[93] => 388
[94] => 387
[95] => 409
[96] => 424
[97] => 429
[98] => 399
[99] => 399
[100] => 404
[101] => 431
[102] => 440
[103] => 412
[104] => 404
[105] => 385
[106] => 406
[107] => 407
[108] => 416
[109] => 431
[110] => 447
[111] => 455
[112] => 451
[113] => 428
[114] => 417
[115] => 421
[116] => 476
[117] => 461
[118] => 458
[119] => 412
[120] => 418
[121] => 465
[122] => 477
[123] => 469
[124] => 423
[125] => 414
[126] => 414
[127] => 414
[128] => 426
[129] => 412
[130] => 415
[131] => 429
[132] => 462
[133] => 470
[134] => 448
[135] => 440
[136] => 431
[137] => 426
[138] => 432
[139] => 428
[140] => 424
[141] =>
)
)