House Flipping Report
Neighborhood Data
Hazen, ND 58545
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 Hazen, ND . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Mercer County , we've been able to rank it against its peer counties within North Dakota. To provide an even fuller picture, we also ranked North Dakota against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
North Dakota
#49th in US
#10th in US
Mercer County
#10th in ND
#9th in ND
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
$ 159,900
even YoY Change
Latest Monthly Sales Count
List Price /sqft
$80
even from last quarter
Avg. Days on Market
132
-0.19% from last year
Average Home Sqft
$1,920
0.05% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Mercer County . This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.
Region
Population
Change YoY
Rank
North Dakota
760,077
0.65%
#47th in US
Mercer County
8,267
-2.35%
#17th in ND
58545
3,461
#27th in ND
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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