House Flipping Report
Neighborhood Data
Reed City, MI 49677
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 Reed City, MI . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Osceola 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
Osceola County
#55th in MI
#51st 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
$ 95,000
0.06% YoY Change
Latest Monthly Sales Count
28
List Price /sqft
$72
0.06% from last quarter
Average Home Sqft
$1,435
-0.11% 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 Osceola 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
Osceola County
23,341
0.37%
#61st in MI
49677
6,631
#8th 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] => 19206
[country] => USA
[zip] => 49677
[city] => Reed City
[state] => Michigan
[state_abbr] => MI
[county] => Osceola
[dma] => 540
[latitude] => 43.8874
[longitude] => -85.5091
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 49677
[zip_name] => reed city, mi
[flag] =>
[median_listing_price] => 87050
[median_listing_price_mm] => -0.2083
[median_listing_price_yy] => -0.0333
[active_listing_count] => 22
[active_listing_count_mm] => 0.0476
[active_listing_count_yy] => -0.2414
[median_days_on_market] => 38.5
[median_days_on_market_mm] => -0.3583
[median_days_on_market_yy] => -0.45
[new_listing_count] => 4
[new_listing_count_mm] => -0.5
[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] => -1
[pending_listing_count] => 0
[pending_listing_count_mm] => -1
[pending_listing_count_yy] => -1
[median_listing_price_per_square_feet] => 72
[median_listing_price_per_square_feet_mm] => 0.0609
[median_listing_price_per_square_feet_yy] => 0.2068
[median_square_feet] => 1435
[median_square_feet_mm] => -0.0831
[median_square_feet_yy] => -0.1142
[average_listing_price] => 117049
[average_listing_price_mm] => -0.1049
[average_listing_price_yy] => -0.0496
[total_listing_count] => 22
[total_listing_count_mm] => 0
[total_listing_count_yy] => 0
[pending_ratio_mm] => -0.0476
[pending_ratio_yy] => -0.069
[RegionID] => 79864
[RegionName] => 49677
[State] => MI
[Metro] =>
[County] => Osceola County
[City] => Reed City
[SizeRank] => 100
[Zhvi] => 86500
[MoM] => -0.0023068
[QoQ] => -0.00460299
[YoY] => 0.0639606
[5Year] => 0.122215
[10Year] => 0.0512008
[PeakMonth] => 2019-07
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 86900
[PctFallFromPeak] => -0.00460299
[LastTimeAtCurrZHVI] => 2019-07
[flips] => 8216
[purchase_price] => 77923
[resale_price] => 131140
[gross_margin] => 53217
[flipcount_rank] => 12
[flipmargin_rank] => 37
[counties] => 83
[zip_population] => 6631
[zip_rank] => 408
[state_population] => 9995915
[state_rank] => 10
[state_difference] => 0.195139
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,99000,99450,98200,90000,90000,89950,89900,92450,95000,95000,102400,102450,112000,107400,101400,96450,109000,103400,101650,95000"
[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] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] =>
[93] =>
[94] =>
[95] =>
[96] =>
[97] =>
[98] =>
[99] =>
[100] => 99000
[101] => 99450
[102] => 98200
[103] => 90000
[104] => 90000
[105] => 89950
[106] => 89900
[107] => 92450
[108] => 95000
[109] => 95000
[110] => 102400
[111] => 102450
[112] => 112000
[113] => 107400
[114] => 101400
[115] => 96450
[116] => 109000
[117] => 103400
[118] => 101650
[119] => 95000
)
)
Array
(
[county_name] => Osceola
[state] => Michigan
[state_fips] => 26
[county_fips] => 26133
[dma] => 540
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 1959
[metro_region_id_zillow] =>
[fips] => 26133
[cbsa_code] =>
[population_prior] => 23254
[population] => 23341
[rank] => 61
[difference] => 0.374129182
[region_id] => 1959
[sale_counts] => "11,9,9,7,8,7,8,9,9,11,8,10,9,11,9,9,10,10,9,8,7,7,6,8,9,11,12,13,12,9,9,8,10,9,12,14,15,14,10,9,8,9,10,9,9,7,8,10,12,12,11,9,8,8,7,9,8,10,11,16,17,17,16,17,14,13,14,16,16,13,14,18,19,17,11,11,13,15,16,16,15,14,14,16,16,17,15,15,16,17,16,14,14,13,15,19,23,22,22,23,23,21,19,24,25,28,26,27,25,23,21,21,21,23,25,25,23,22,22,22,22,23,24,24,23,23,22,20,22,24,27,29,25,26,21,23,25,27,25,23,23,28"
[county] => Osceola
[flips] => 0
[purchase_price] => 0
[resale_price] => 0
[gross_margin] => 0
[flipcount_rank] => 55
[flipmargin_rank] => 51
[sale_counts_exploded] => Array
(
[0] => 11
[1] => 9
[2] => 9
[3] => 7
[4] => 8
[5] => 7
[6] => 8
[7] => 9
[8] => 9
[9] => 11
[10] => 8
[11] => 10
[12] => 9
[13] => 11
[14] => 9
[15] => 9
[16] => 10
[17] => 10
[18] => 9
[19] => 8
[20] => 7
[21] => 7
[22] => 6
[23] => 8
[24] => 9
[25] => 11
[26] => 12
[27] => 13
[28] => 12
[29] => 9
[30] => 9
[31] => 8
[32] => 10
[33] => 9
[34] => 12
[35] => 14
[36] => 15
[37] => 14
[38] => 10
[39] => 9
[40] => 8
[41] => 9
[42] => 10
[43] => 9
[44] => 9
[45] => 7
[46] => 8
[47] => 10
[48] => 12
[49] => 12
[50] => 11
[51] => 9
[52] => 8
[53] => 8
[54] => 7
[55] => 9
[56] => 8
[57] => 10
[58] => 11
[59] => 16
[60] => 17
[61] => 17
[62] => 16
[63] => 17
[64] => 14
[65] => 13
[66] => 14
[67] => 16
[68] => 16
[69] => 13
[70] => 14
[71] => 18
[72] => 19
[73] => 17
[74] => 11
[75] => 11
[76] => 13
[77] => 15
[78] => 16
[79] => 16
[80] => 15
[81] => 14
[82] => 14
[83] => 16
[84] => 16
[85] => 17
[86] => 15
[87] => 15
[88] => 16
[89] => 17
[90] => 16
[91] => 14
[92] => 14
[93] => 13
[94] => 15
[95] => 19
[96] => 23
[97] => 22
[98] => 22
[99] => 23
[100] => 23
[101] => 21
[102] => 19
[103] => 24
[104] => 25
[105] => 28
[106] => 26
[107] => 27
[108] => 25
[109] => 23
[110] => 21
[111] => 21
[112] => 21
[113] => 23
[114] => 25
[115] => 25
[116] => 23
[117] => 22
[118] => 22
[119] => 22
[120] => 22
[121] => 23
[122] => 24
[123] => 24
[124] => 23
[125] => 23
[126] => 22
[127] => 20
[128] => 22
[129] => 24
[130] => 27
[131] => 29
[132] => 25
[133] => 26
[134] => 21
[135] => 23
[136] => 25
[137] => 27
[138] => 25
[139] => 23
[140] => 23
[141] => 28
)
)