House Flipping Report
Neighborhood Data
Belle Plaine, MN 56011
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 Belle Plaine, MN . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Scott 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
Scott County
#7th in MN
#42nd 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
$ 275,000
0.05% YoY Change
Latest Monthly Sales Count
268
List Price /sqft
$148
0.06% from last quarter
Average Home Sqft
$1,963
-0.08% 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 Scott 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
Scott County
147,381
1.23%
#9th in MN
56011
8,925
#74th 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] => 20379
[country] => USA
[zip] => 56011
[city] => Belle Plaine
[state] => Minnesota
[state_abbr] => MN
[county] => Scott
[dma] => 613
[latitude] => 44.6193
[longitude] => -93.7819
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 56011
[zip_name] => belle plaine, mn
[flag] =>
[median_listing_price] => 277500
[median_listing_price_mm] => 0.0089
[median_listing_price_yy] => -0.0296
[active_listing_count] => 42
[active_listing_count_mm] => -0.0455
[active_listing_count_yy] => 0.3125
[median_days_on_market] => 79.5
[median_days_on_market_mm] => 0.1197
[median_days_on_market_yy] => 0.0743
[new_listing_count] => 8
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] => -1
[price_reduced_count_yy] =>
[pending_listing_count] => 10
[pending_listing_count_mm] => -0.3333
[pending_listing_count_yy] => -0.1667
[median_listing_price_per_square_feet] => 148
[median_listing_price_per_square_feet_mm] => 0.0585
[median_listing_price_per_square_feet_yy] => 0.1107
[median_square_feet] => 1963
[median_square_feet_mm] => -0.0483
[median_square_feet_yy] => -0.0812
[average_listing_price] => 311694
[average_listing_price_mm] => -0.0384
[average_listing_price_yy] => -0.0154
[total_listing_count] => 52
[total_listing_count_mm] => -0.1186
[total_listing_count_yy] => 0.2381
[pending_ratio_mm] => -0.1028
[pending_ratio_yy] => -0.1369
[RegionID] => 82554
[RegionName] => 56011
[State] => MN
[Metro] => Minneapolis-St. Paul-Bloomington
[County] => Scott County
[City] => Belle Plaine
[SizeRank] => 921
[Zhvi] => 241200
[MoM] => 0.0029106
[QoQ] => 0.0066778
[YoY] => 0.0464208
[5Year] => 0.0654206
[10Year] => 0.0416391
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 241200
[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] => 8925
[zip_rank] => 174
[state_population] => 5611179
[state_rank] => 22
[state_difference] => 0.772679
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,245900,245900,259950,255000,240000,250000,259900,269900,263900,259900,274949.5,279000,269999,269900,264900,254368,250000,257450,259900,274900,269900,265099,275000"
[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] => 245900
[98] => 245900
[99] => 259950
[100] => 255000
[101] => 240000
[102] => 250000
[103] => 259900
[104] => 269900
[105] => 263900
[106] => 259900
[107] => 274949.5
[108] => 279000
[109] => 269999
[110] => 269900
[111] => 264900
[112] => 254368
[113] => 250000
[114] => 257450
[115] => 259900
[116] => 274900
[117] => 269900
[118] => 265099
[119] => 275000
)
)
Array
(
[county_name] => Scott
[state] => Minnesota
[state_fips] => 27
[county_fips] => 27139
[dma] => 613
[metro_name] => Minneapolis, MN
[cbsa_name] => Minneapolis-St. Paul-Bloomington, MN-WI
[county_region_id_zillow] => 711
[metro_region_id_zillow] => 394865
[fips] => 27139
[cbsa_code] => 33460
[population_prior] => 145595
[population] => 147381
[rank] => 9
[difference] => 1.226690477
[region_id] => 711
[sale_counts] => "184,174,138,135,133,127,138,144,149,141,142,171,184,184,149,141,146,158,177,183,193,185,171,179,182,188,171,155,141,125,109,96,111,135,153,178,189,200,175,159,152,146,147,146,157,177,195,231,236,234,201,184,180,170,171,169,181,190,239,279,282,256,218,212,200,214,217,215,211,210,211,225,231,228,202,195,208,215,216,208,204,215,220,263,276,300,273,271,259,259,256,241,226,223,234,270,270,266,252,258,257,257,258,247,239,229,247,272,262,251,229,253,253,252,238,246,243,240,241,259,261,245,235,236,246,247,240,245,245,242,249,263,259,250,236,246,250,238,237,229,259,268"
[county] => Scott
[flips] => 126
[purchase_price] => 242453
[resale_price] => 272405
[gross_margin] => 29952
[flipcount_rank] => 7
[flipmargin_rank] => 42
[sale_counts_exploded] => Array
(
[0] => 184
[1] => 174
[2] => 138
[3] => 135
[4] => 133
[5] => 127
[6] => 138
[7] => 144
[8] => 149
[9] => 141
[10] => 142
[11] => 171
[12] => 184
[13] => 184
[14] => 149
[15] => 141
[16] => 146
[17] => 158
[18] => 177
[19] => 183
[20] => 193
[21] => 185
[22] => 171
[23] => 179
[24] => 182
[25] => 188
[26] => 171
[27] => 155
[28] => 141
[29] => 125
[30] => 109
[31] => 96
[32] => 111
[33] => 135
[34] => 153
[35] => 178
[36] => 189
[37] => 200
[38] => 175
[39] => 159
[40] => 152
[41] => 146
[42] => 147
[43] => 146
[44] => 157
[45] => 177
[46] => 195
[47] => 231
[48] => 236
[49] => 234
[50] => 201
[51] => 184
[52] => 180
[53] => 170
[54] => 171
[55] => 169
[56] => 181
[57] => 190
[58] => 239
[59] => 279
[60] => 282
[61] => 256
[62] => 218
[63] => 212
[64] => 200
[65] => 214
[66] => 217
[67] => 215
[68] => 211
[69] => 210
[70] => 211
[71] => 225
[72] => 231
[73] => 228
[74] => 202
[75] => 195
[76] => 208
[77] => 215
[78] => 216
[79] => 208
[80] => 204
[81] => 215
[82] => 220
[83] => 263
[84] => 276
[85] => 300
[86] => 273
[87] => 271
[88] => 259
[89] => 259
[90] => 256
[91] => 241
[92] => 226
[93] => 223
[94] => 234
[95] => 270
[96] => 270
[97] => 266
[98] => 252
[99] => 258
[100] => 257
[101] => 257
[102] => 258
[103] => 247
[104] => 239
[105] => 229
[106] => 247
[107] => 272
[108] => 262
[109] => 251
[110] => 229
[111] => 253
[112] => 253
[113] => 252
[114] => 238
[115] => 246
[116] => 243
[117] => 240
[118] => 241
[119] => 259
[120] => 261
[121] => 245
[122] => 235
[123] => 236
[124] => 246
[125] => 247
[126] => 240
[127] => 245
[128] => 245
[129] => 242
[130] => 249
[131] => 263
[132] => 259
[133] => 250
[134] => 236
[135] => 246
[136] => 250
[137] => 238
[138] => 237
[139] => 229
[140] => 259
[141] => 268
)
)