House Flipping Report
Neighborhood Data
Clearwater, MN 55320
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 Clearwater, MN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Wright 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
Wright County
#8th in MN
#8th 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
$ 259,900
0.04% YoY Change
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Wright 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
Wright County
136,349
1.56%
#10th in MN
55320
4,973
#47th 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] => 20522
[country] => USA
[zip] => 55320
[city] => Clearwater
[state] => Minnesota
[state_abbr] => MN
[county] => Wright
[dma] => 613
[latitude] => 45.3933
[longitude] => -94.0607
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] =>
[zip_name] =>
[flag] =>
[median_listing_price] =>
[median_listing_price_mm] =>
[median_listing_price_yy] =>
[active_listing_count] =>
[active_listing_count_mm] =>
[active_listing_count_yy] =>
[median_days_on_market] =>
[median_days_on_market_mm] =>
[median_days_on_market_yy] =>
[new_listing_count] =>
[new_listing_count_mm] =>
[new_listing_count_yy] =>
[price_increased_count] =>
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] =>
[price_reduced_count_mm] =>
[price_reduced_count_yy] =>
[pending_listing_count] =>
[pending_listing_count_mm] =>
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] =>
[median_listing_price_per_square_feet_mm] =>
[median_listing_price_per_square_feet_yy] =>
[median_square_feet] =>
[median_square_feet_mm] =>
[median_square_feet_yy] =>
[average_listing_price] =>
[average_listing_price_mm] =>
[average_listing_price_yy] =>
[total_listing_count] =>
[total_listing_count_mm] =>
[total_listing_count_yy] =>
[pending_ratio_mm] =>
[pending_ratio_yy] =>
[RegionID] => 82173
[RegionName] => 55320
[State] => MN
[Metro] => Minneapolis-St. Paul-Bloomington
[County] => Wright County
[City] => Clearwater
[SizeRank] => 113
[Zhvi] => 231900
[MoM] => 0.00738488
[QoQ] => 0.0233892
[YoY] => 0.0436544
[5Year] => 0.0617077
[10Year] => 0.0390511
[PeakMonth] => 2006-02
[PeakQuarter] => 2006-Q1
[PeakZHVI] => 253200
[PctFallFromPeak] => -0.0841232
[LastTimeAtCurrZHVI] => 2005-04
[flips] => 3652
[purchase_price] => 166187
[resale_price] => 237044
[gross_margin] => 70857
[flipcount_rank] => 24
[flipmargin_rank] => 24
[counties] => 87
[zip_population] => 4973
[zip_rank] => 247
[state_population] => 5611179
[state_rank] => 22
[state_difference] => 0.772679
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,217900,214900,244900,245400,249500,227400,215000,217450,226950,224900,234900,234900,229000,241950,248845,236950,249949,250000,229900,240000,254900,259900"
[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] => 217900
[99] => 214900
[100] => 244900
[101] => 245400
[102] => 249500
[103] => 227400
[104] => 215000
[105] => 217450
[106] => 226950
[107] => 224900
[108] => 234900
[109] => 234900
[110] => 229000
[111] => 241950
[112] => 248845
[113] => 236950
[114] => 249949
[115] => 250000
[116] => 229900
[117] => 240000
[118] => 254900
[119] => 259900
)
)
Array
(
[county_name] => Wright
[state] => Minnesota
[state_fips] => 27
[county_fips] => 27171
[dma] => 613
[metro_name] => Minneapolis, MN
[cbsa_name] => Minneapolis-St. Paul-Bloomington, MN-WI
[county_region_id_zillow] => 1500
[metro_region_id_zillow] => 394865
[fips] => 27171
[cbsa_code] => 33460
[population_prior] => 134255
[population] => 136349
[rank] => 10
[difference] => 1.559718446
[region_id] =>
[sale_counts] =>
[county] => Wright
[flips] => 122
[purchase_price] => 149964
[resale_price] => 263000
[gross_margin] => 113036
[flipcount_rank] => 8
[flipmargin_rank] => 8
[sale_counts_exploded] => Array
(
[0] =>
)
)