House Flipping Report
Neighborhood Data
Red Lodge, MT 59068
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 Red Lodge, MT . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Carbon County , we've been able to rank it against its peer counties within Montana. To provide an even fuller picture, we also ranked Montana against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Montana
#43rd in US
#48th in US
Carbon County
#16th in MT
#14th in MT
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
$ 395,000
0.05% YoY Change
Latest Monthly Sales Count
8
List Price /sqft
$222
0.07% from last quarter
Avg. Days on Market
147
-0.15% from last year
Average Home Sqft
$2,094
0.03% 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 Carbon County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Montana
1,062,305
0.88%
#43rd in US
Carbon County
10,714
0.22%
#21st in MT
59068
3,580
#55th in MT
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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