House Flipping Report
Neighborhood Data
Billings, MT 59102
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 Billings, MT . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Yellowstone 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
Yellowstone County
#3rd in MT
#10th 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
$ 234,900
0.08% YoY Change
Latest Monthly Sales Count
List Price /sqft
$113
-0.02% from last quarter
Reduced Listings /Month
28
-0.46% from last quarter
Average Home Sqft
$2,276
0.02% 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 Yellowstone 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
Yellowstone County
160,137
0.57%
#1st in MT
59102
46,564
#2nd 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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