House Flipping Report
Neighborhood Data
Cedar Rapids, IA 52402
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 Cedar Rapids, IA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Linn County , we've been able to rank it against its peer counties within Iowa. To provide an even fuller picture, we also ranked Iowa against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Iowa
#32nd in US
#35th in US
Linn County
#2nd in IA
#11th in IA
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
$ 165,000
0.03% YoY Change
Latest Monthly Sales Count
374
List Price /sqft
$110
0% from last quarter
Reduced Listings /Month
28
-0.42% from last quarter
Average Home Sqft
$1,593
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 Linn County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Iowa
3,156,145
0.4%
#31st in US
Linn County
225,909
0.73%
#2nd in IA
52402
40,149
#3rd in IA
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.
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