Sioux Falls, SD 57197

Flip Market Report

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 Sioux Falls, SD. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Minnehaha County, we've been able to rank it against its peer counties within South Dakota. To provide an even fuller picture, we also ranked South Dakota against all other US states.

Region Rank in # of Flips Rank in Flip Profit
South Dakota #51st in US
#1st in US
Minnehaha County #1st in SD
#3rd in SD

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.

57197 Historical Monthly Listing Prices

No Data Available

Minnehaha Historical Monthly Home Sales

No Data Available

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Minnehaha County. This is a good sign that flipping a house here will be successful.

Region Population Change YoY Rank
South Dakota 882,235 1.02% #46th in US
Minnehaha County 192,876 1.5% #1st in SD
57197 959 #38th in SD
Home Searches

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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