House Flipping Report
Neighborhood Data
Washburn, WI 54891
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 Washburn, WI . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Bayfield County , we've been able to rank it against its peer counties within Wisconsin. To provide an even fuller picture, we also ranked Wisconsin against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Wisconsin
#26th in US
#21st in US
Bayfield County
#53rd in WI
#41st in WI
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
$ 167,900
0.13% YoY Change
Latest Monthly Sales Count
28
List Price /sqft
$123
-0.04% from last quarter
Average Home Sqft
$1,740
-0.01% 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 Bayfield County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Wisconsin
5,813,568
0.37%
#20th in US
Bayfield County
15,042
0.06%
#64th in WI
54891
3,389
#47th in WI
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] => 41503
[country] => USA
[zip] => 54891
[city] => Washburn
[state] => Wisconsin
[state_abbr] => WI
[county] => Bayfield
[dma] => 676
[latitude] => 46.7033
[longitude] => -91.0786
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 54891
[zip_name] => washburn, wi
[flag] => *
[median_listing_price] => 299950
[median_listing_price_mm] => 0.5378
[median_listing_price_yy] =>
[active_listing_count] => 18
[active_listing_count_mm] => -0.1429
[active_listing_count_yy] =>
[median_days_on_market] => 155
[median_days_on_market_mm] => 0.2705
[median_days_on_market_yy] =>
[new_listing_count] => 0
[new_listing_count_mm] =>
[new_listing_count_yy] => -1
[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] => 3
[pending_listing_count_mm] => -0.5
[pending_listing_count_yy] => -0.25
[median_listing_price_per_square_feet] => 123
[median_listing_price_per_square_feet_mm] => -0.0394
[median_listing_price_per_square_feet_yy] => -0.0686
[median_square_feet] => 1740
[median_square_feet_mm] => 0.0259
[median_square_feet_yy] => -0.0114
[average_listing_price] => 398780
[average_listing_price_mm] => 0.0688
[average_listing_price_yy] => -0.2105
[total_listing_count] => 21
[total_listing_count_mm] => -0.2222
[total_listing_count_yy] => 0.1667
[pending_ratio_mm] => -0.119
[pending_ratio_yy] => 0.0417
[RegionID] => 81958
[RegionName] => 54891
[State] => WI
[Metro] =>
[County] => Bayfield County
[City] => Washburn
[SizeRank] => 123
[Zhvi] => 150800
[MoM] => 0.0134409
[QoQ] => 0.0392833
[YoY] => 0.134688
[5Year] => 0.0710346
[10Year] => 0.0246567
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 150800
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 2945
[purchase_price] => 104981
[resale_price] => 181570
[gross_margin] => 76589
[flipcount_rank] => 26
[flipmargin_rank] => 21
[counties] => 72
[zip_population] => 3389
[zip_rank] => 347
[state_population] => 5813568
[state_rank] => 20
[state_difference] => 0.371491
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,189900,189900,177200,172200,169900,174500,165900,161900,159900,157000,169900,169900,169900,182450,185000,159900,167900,167900"
[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] =>
[101] =>
[102] => 189900
[103] => 189900
[104] => 177200
[105] => 172200
[106] => 169900
[107] => 174500
[108] => 165900
[109] => 161900
[110] => 159900
[111] => 157000
[112] => 169900
[113] => 169900
[114] => 169900
[115] => 182450
[116] => 185000
[117] => 159900
[118] => 167900
[119] => 167900
)
)
Array
(
[county_name] => Bayfield
[state] => Wisconsin
[state_fips] => 55
[county_fips] => 55007
[dma] => 676
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 2136
[metro_region_id_zillow] =>
[fips] => 55007
[cbsa_code] =>
[population_prior] => 15033
[population] => 15042
[rank] => 64
[difference] => 0.05986829
[region_id] => 2136
[sale_counts] => "30,19,17,16,16,18,18,17,14,20,24,25,16,11,11,11,13,17,19,21,20,28,33,30,24,18,20,19,18,18,19,20,20,28,35,34,24,16,17,17,17,19,18,18,17,22,32,34,32,28,28,28,24,22,21,22,28,42,39,33,18,16,16,14,14,13,14,15,14,17,20,17,17,12,16,16,19,20,21,26,23,25,21,25,20,19,19,23,23,21,20,22,23,26,26,22,20,21,22,23,21,23,22,23,26,33,36,34,26,22,22,24,23,25,23,23,22,21,28,26,25,17,20,19,21,21,23,21,20,25,27,26,21,21,22,24,27,26,25,19,22,28"
[county] => Bayfield
[flips] => 0
[purchase_price] => 0
[resale_price] => 0
[gross_margin] => 0
[flipcount_rank] => 53
[flipmargin_rank] => 41
[sale_counts_exploded] => Array
(
[0] => 30
[1] => 19
[2] => 17
[3] => 16
[4] => 16
[5] => 18
[6] => 18
[7] => 17
[8] => 14
[9] => 20
[10] => 24
[11] => 25
[12] => 16
[13] => 11
[14] => 11
[15] => 11
[16] => 13
[17] => 17
[18] => 19
[19] => 21
[20] => 20
[21] => 28
[22] => 33
[23] => 30
[24] => 24
[25] => 18
[26] => 20
[27] => 19
[28] => 18
[29] => 18
[30] => 19
[31] => 20
[32] => 20
[33] => 28
[34] => 35
[35] => 34
[36] => 24
[37] => 16
[38] => 17
[39] => 17
[40] => 17
[41] => 19
[42] => 18
[43] => 18
[44] => 17
[45] => 22
[46] => 32
[47] => 34
[48] => 32
[49] => 28
[50] => 28
[51] => 28
[52] => 24
[53] => 22
[54] => 21
[55] => 22
[56] => 28
[57] => 42
[58] => 39
[59] => 33
[60] => 18
[61] => 16
[62] => 16
[63] => 14
[64] => 14
[65] => 13
[66] => 14
[67] => 15
[68] => 14
[69] => 17
[70] => 20
[71] => 17
[72] => 17
[73] => 12
[74] => 16
[75] => 16
[76] => 19
[77] => 20
[78] => 21
[79] => 26
[80] => 23
[81] => 25
[82] => 21
[83] => 25
[84] => 20
[85] => 19
[86] => 19
[87] => 23
[88] => 23
[89] => 21
[90] => 20
[91] => 22
[92] => 23
[93] => 26
[94] => 26
[95] => 22
[96] => 20
[97] => 21
[98] => 22
[99] => 23
[100] => 21
[101] => 23
[102] => 22
[103] => 23
[104] => 26
[105] => 33
[106] => 36
[107] => 34
[108] => 26
[109] => 22
[110] => 22
[111] => 24
[112] => 23
[113] => 25
[114] => 23
[115] => 23
[116] => 22
[117] => 21
[118] => 28
[119] => 26
[120] => 25
[121] => 17
[122] => 20
[123] => 19
[124] => 21
[125] => 21
[126] => 23
[127] => 21
[128] => 20
[129] => 25
[130] => 27
[131] => 26
[132] => 21
[133] => 21
[134] => 22
[135] => 24
[136] => 27
[137] => 26
[138] => 25
[139] => 19
[140] => 22
[141] => 28
)
)