Red Lodge, MT 59068

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 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.

59068 Historical Monthly Listing Prices

Latest Median Sale Price

$ 395,000

0.05% YoY Change
Carbon Historical Monthly Home Sales

Latest Monthly Sales Count

8

List Price /sqft

$222

0.07% from last quarter

Reduced Listings /Month

4

even from last quarter

Avg. Days on Market

147

-0.15% from last year

Average Home Sqft

$2,094

0.03% from last year

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 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
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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