House Flipping Report
Neighborhood Data
Chaska, MN 55318
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 Chaska, MN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Carver County , we've been able to rank it against its peer counties within Minnesota. To provide an even fuller picture, we also ranked Minnesota against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Minnesota
#24th in US
#24th in US
Carver County
#12th in MN
#32nd in MN
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
$ 424,950
0.05% YoY Change
Latest Monthly Sales Count
List Price /sqft
$159
0.04% from last quarter
Reduced Listings /Month
4
-0.89% from last quarter
Average Home Sqft
$2,766
-0.12% 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 Carver County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Minnesota
5,611,179
0.77%
#22nd in US
Carver County
103,551
1.37%
#11th in MN
55318
25,493
#65th in MN
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] => 19612
[country] => USA
[zip] => 55318
[city] => Chaska
[state] => Minnesota
[state_abbr] => MN
[county] => Carver
[dma] => 613
[latitude] => 44.8101
[longitude] => -93.6254
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 55318
[zip_name] => chaska, mn
[flag] =>
[median_listing_price] => 437510
[median_listing_price_mm] => 0.067
[median_listing_price_yy] => -0.0257
[active_listing_count] => 63
[active_listing_count_mm] => -0.3077
[active_listing_count_yy] => -0.0156
[median_days_on_market] => 62
[median_days_on_market_mm] => 0.3778
[median_days_on_market_yy] => 0.2157
[new_listing_count] => 12
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => -0.4
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.8889
[price_reduced_count_yy] => -0.5
[pending_listing_count] => 31
[pending_listing_count_mm] => -0.2051
[pending_listing_count_yy] => -0.3111
[median_listing_price_per_square_feet] => 159
[median_listing_price_per_square_feet_mm] => 0.0372
[median_listing_price_per_square_feet_yy] => 0.0576
[median_square_feet] => 2766
[median_square_feet_mm] => 0.0143
[median_square_feet_yy] => -0.1163
[average_listing_price] => 513194
[average_listing_price_mm] => 0.0595
[average_listing_price_yy] => -0.0636
[total_listing_count] => 94
[total_listing_count_mm] => -0.2769
[total_listing_count_yy] => 0.4921
[pending_ratio_mm] => 0.0635
[pending_ratio_yy] => -0.2111
[RegionID] => 82171
[RegionName] => 55318
[State] => MN
[Metro] => Minneapolis-St. Paul-Bloomington
[County] => Carver County
[City] => Chaska
[SizeRank] => 397
[Zhvi] => 308800
[MoM] => 0.000648088
[QoQ] => 0.00586319
[YoY] => 0.0524881
[5Year] => 0.0465222
[10Year] => 0.0317082
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 308800
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 3652
[purchase_price] => 166187
[resale_price] => 237044
[gross_margin] => 70857
[flipcount_rank] => 24
[flipmargin_rank] => 24
[counties] => 87
[zip_population] => 25493
[zip_rank] => 65
[state_population] => 5611179
[state_rank] => 22
[state_difference] => 0.772679
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,274900,299900,333995,320000,319900,319900,319900,324995,294900,304950,329900,329900,315000,339450,339500,339900,337450,349900,359990,360445,369990,369990,374990,370990,359900,347000,349950,349900,350950,345900,344950,357400,371400,373990,380000,379950,379900,378500,373950,375000,342995,339950,359000,378500,387500,417995,425000,418990,386250,385000,411990,386200,372990,389445,371945,389445,424900,438900,444490,424900,427450,424900,400990,362000,378950,397499.5,388700,414465,424950"
[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] => 274900
[52] => 299900
[53] => 333995
[54] => 320000
[55] => 319900
[56] => 319900
[57] => 319900
[58] => 324995
[59] => 294900
[60] => 304950
[61] => 329900
[62] => 329900
[63] => 315000
[64] => 339450
[65] => 339500
[66] => 339900
[67] => 337450
[68] => 349900
[69] => 359990
[70] => 360445
[71] => 369990
[72] => 369990
[73] => 374990
[74] => 370990
[75] => 359900
[76] => 347000
[77] => 349950
[78] => 349900
[79] => 350950
[80] => 345900
[81] => 344950
[82] => 357400
[83] => 371400
[84] => 373990
[85] => 380000
[86] => 379950
[87] => 379900
[88] => 378500
[89] => 373950
[90] => 375000
[91] => 342995
[92] => 339950
[93] => 359000
[94] => 378500
[95] => 387500
[96] => 417995
[97] => 425000
[98] => 418990
[99] => 386250
[100] => 385000
[101] => 411990
[102] => 386200
[103] => 372990
[104] => 389445
[105] => 371945
[106] => 389445
[107] => 424900
[108] => 438900
[109] => 444490
[110] => 424900
[111] => 427450
[112] => 424900
[113] => 400990
[114] => 362000
[115] => 378950
[116] => 397499.5
[117] => 388700
[118] => 414465
[119] => 424950
)
)
Array
(
[county_name] => Carver
[state] => Minnesota
[state_fips] => 27
[county_fips] => 27019
[dma] => 613
[metro_name] => Minneapolis, MN
[cbsa_name] => Minneapolis-St. Paul-Bloomington, MN-WI
[county_region_id_zillow] => 924
[metro_region_id_zillow] => 394865
[fips] => 27019
[cbsa_code] => 33460
[population_prior] => 102150
[population] => 103551
[rank] => 11
[difference] => 1.371512482
[region_id] => 924
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,153,156,159,165,163,161,163,155,168,167,184,169,171,178,175,160,158,157,"
[county] => Carver
[flips] => 58
[purchase_price] => 215750
[resale_price] => 262450
[gross_margin] => 46700
[flipcount_rank] => 12
[flipmargin_rank] => 32
[sale_counts_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] =>
[103] =>
[104] =>
[105] =>
[106] =>
[107] =>
[108] =>
[109] =>
[110] =>
[111] =>
[112] =>
[113] =>
[114] =>
[115] =>
[116] =>
[117] =>
[118] =>
[119] =>
[120] =>
[121] =>
[122] =>
[123] => 153
[124] => 156
[125] => 159
[126] => 165
[127] => 163
[128] => 161
[129] => 163
[130] => 155
[131] => 168
[132] => 167
[133] => 184
[134] => 169
[135] => 171
[136] => 178
[137] => 175
[138] => 160
[139] => 158
[140] => 157
[141] =>
)
)