House Flipping Report
Neighborhood Data
Beaver Island, MI 49782
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 Beaver Island, MI . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Charlevoix 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
Charlevoix 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 Monthly Sales Count
46
List Price /sqft
$161
-0.01% from last quarter
Avg. Days on Market
236
-0.01% from last year
Average Home Sqft
$1,544
-0.14% 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 Charlevoix 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
Charlevoix County
26,244
0.1%
#52nd in MI
49782
657
#60th 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] => 18469
[country] => USA
[zip] => 49782
[city] => Beaver Island
[state] => Michigan
[state_abbr] => MI
[county] => Charlevoix
[dma] => 540
[latitude] => 45.6967
[longitude] => -85.5203
[timezone] => -5
[timezone_dst] => 1
[dttm] =>
[postal_code] => 49782
[zip_name] => beaver island, mi
[flag] =>
[median_listing_price] => 309300
[median_listing_price_mm] => -0.0306
[median_listing_price_yy] => -0.0485
[active_listing_count] => 50
[active_listing_count_mm] => -0.0741
[active_listing_count_yy] => 0
[median_days_on_market] => 235.5
[median_days_on_market_mm] => 0.1544
[median_days_on_market_yy] => -0.0105
[new_listing_count] => 0
[new_listing_count_mm] =>
[new_listing_count_yy] =>
[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] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 161
[median_listing_price_per_square_feet_mm] => -0.0133
[median_listing_price_per_square_feet_yy] => -0.0781
[median_square_feet] => 1544
[median_square_feet_mm] => -0.0153
[median_square_feet_yy] => -0.1422
[average_listing_price] => 303907
[average_listing_price_mm] => 5.00E-04
[average_listing_price_yy] => -0.0734
[total_listing_count] => 50
[total_listing_count_mm] => -0.0741
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => 0
[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] => 657
[zip_rank] => 860
[state_population] => 9995915
[state_rank] => 10
[state_difference] => 0.195139
[list_prices] =>
[list_prices_exploded] => Array
(
[0] =>
)
)
Array
(
[county_name] => Charlevoix
[state] => Michigan
[state_fips] => 26
[county_fips] => 26029
[dma] => 540
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 2898
[metro_region_id_zillow] =>
[fips] => 26029
[cbsa_code] =>
[population_prior] => 26219
[population] => 26244
[rank] => 52
[difference] => 0.0953507
[region_id] => 2898
[sale_counts] => "21,24,23,25,21,22,17,21,17,21,25,27,27,29,27,25,19,19,21,22,24,23,24,31,36,43,37,33,28,28,28,28,24,22,24,31,36,38,34,29,22,24,24,24,22,26,31,38,41,42,36,30,25,27,31,38,36,32,36,45,55,50,45,34,31,27,33,34,35,32,31,33,35,36,34,33,35,40,42,39,35,33,36,30,29,26,31,31,34,34,32,27,27,24,28,32,36,37,36,34,32,30,31,33,31,33,35,37,34,31,33,36,36,39,37,39,38,37,36,33,35,38,38,37,35,35,35,36,37,32,28,29,36,40,42,41,49,46,52,50,54,46"
[county] => Charlevoix
[flips] => 0
[purchase_price] => 0
[resale_price] => 0
[gross_margin] => 0
[flipcount_rank] => 55
[flipmargin_rank] => 51
[sale_counts_exploded] => Array
(
[0] => 21
[1] => 24
[2] => 23
[3] => 25
[4] => 21
[5] => 22
[6] => 17
[7] => 21
[8] => 17
[9] => 21
[10] => 25
[11] => 27
[12] => 27
[13] => 29
[14] => 27
[15] => 25
[16] => 19
[17] => 19
[18] => 21
[19] => 22
[20] => 24
[21] => 23
[22] => 24
[23] => 31
[24] => 36
[25] => 43
[26] => 37
[27] => 33
[28] => 28
[29] => 28
[30] => 28
[31] => 28
[32] => 24
[33] => 22
[34] => 24
[35] => 31
[36] => 36
[37] => 38
[38] => 34
[39] => 29
[40] => 22
[41] => 24
[42] => 24
[43] => 24
[44] => 22
[45] => 26
[46] => 31
[47] => 38
[48] => 41
[49] => 42
[50] => 36
[51] => 30
[52] => 25
[53] => 27
[54] => 31
[55] => 38
[56] => 36
[57] => 32
[58] => 36
[59] => 45
[60] => 55
[61] => 50
[62] => 45
[63] => 34
[64] => 31
[65] => 27
[66] => 33
[67] => 34
[68] => 35
[69] => 32
[70] => 31
[71] => 33
[72] => 35
[73] => 36
[74] => 34
[75] => 33
[76] => 35
[77] => 40
[78] => 42
[79] => 39
[80] => 35
[81] => 33
[82] => 36
[83] => 30
[84] => 29
[85] => 26
[86] => 31
[87] => 31
[88] => 34
[89] => 34
[90] => 32
[91] => 27
[92] => 27
[93] => 24
[94] => 28
[95] => 32
[96] => 36
[97] => 37
[98] => 36
[99] => 34
[100] => 32
[101] => 30
[102] => 31
[103] => 33
[104] => 31
[105] => 33
[106] => 35
[107] => 37
[108] => 34
[109] => 31
[110] => 33
[111] => 36
[112] => 36
[113] => 39
[114] => 37
[115] => 39
[116] => 38
[117] => 37
[118] => 36
[119] => 33
[120] => 35
[121] => 38
[122] => 38
[123] => 37
[124] => 35
[125] => 35
[126] => 35
[127] => 36
[128] => 37
[129] => 32
[130] => 28
[131] => 29
[132] => 36
[133] => 40
[134] => 42
[135] => 41
[136] => 49
[137] => 46
[138] => 52
[139] => 50
[140] => 54
[141] => 46
)
)