House Flipping Report
Neighborhood Data
Billings, MT 59105
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
$ 251,500
0.07% YoY Change
Latest Monthly Sales Count
List Price /sqft
$123
0.02% from last quarter
Reduced Listings /Month
12
-0.57% from last quarter
Average Home Sqft
$2,128
-0.05% 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
59105
29,624
#8th 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.
Array
(
[zip_id] => 22773
[country] => USA
[zip] => 59105
[city] => Billings
[state] => Montana
[state_abbr] => MT
[county] => Yellowstone
[dma] => 756
[latitude] => 45.8704
[longitude] => -108.492
[timezone] => -7
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 59105
[zip_name] => billings, mt
[flag] => *
[median_listing_price] => 268950
[median_listing_price_mm] => 0.0151
[median_listing_price_yy] =>
[active_listing_count] => 101
[active_listing_count_mm] => -0.1368
[active_listing_count_yy] => -0.1583
[median_days_on_market] => 68
[median_days_on_market_mm] => 0.1724
[median_days_on_market_yy] => -0.1905
[new_listing_count] => 20
[new_listing_count_mm] => -0.4444
[new_listing_count_yy] => -0.1667
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.5714
[price_reduced_count_yy] => -0.5714
[pending_listing_count] => 51
[pending_listing_count_mm] => -0.1207
[pending_listing_count_yy] => 0.0625
[median_listing_price_per_square_feet] => 123
[median_listing_price_per_square_feet_mm] => 0.0171
[median_listing_price_per_square_feet_yy] => 0.1058
[median_square_feet] => 2128
[median_square_feet_mm] => 0.0028
[median_square_feet_yy] => -0.0492
[average_listing_price] => 285551
[average_listing_price_mm] => 0.0024
[average_listing_price_yy] => 0.0605
[total_listing_count] => 152
[total_listing_count_mm] => -0.1314
[total_listing_count_yy] => 0.505
[pending_ratio_mm] => 0.0092
[pending_ratio_yy] => 0.105
[RegionID] => 83945
[RegionName] => 59105
[State] => MT
[Metro] => Billings
[County] => Yellowstone County
[City] => Billings
[SizeRank] => 274
[Zhvi] => 258900
[MoM] => 0.00700117
[QoQ] => 0.0253465
[YoY] => 0.071606
[5Year] => 0.0314166
[10Year] => 0.0254839
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 258900
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 404
[purchase_price] => 249461
[resale_price] => 285661
[gross_margin] => 36200
[flipcount_rank] => 43
[flipmargin_rank] => 48
[counties] => 56
[zip_population] => 29624
[zip_rank] => 8
[state_population] => 1062305
[state_rank] => 43
[state_difference] => 0.875043
[list_prices] => "204900,206900,199900,201900,209900,214800,2.00E+05,199900,198700,197500,199000,198900,197500,197500,194900,189900,194500,189900,189900,189900,192450,193500,192000,189900,189900,189900,184900,179900,188000,194000,196950,198000,199925,203000,199999,203900,204400,205000,209200,215000,214950,209900,209900,205000,214900,209500,208900,207950,209900,212900,214400,219900,229900,226900,226900,224900,224900,224500,228750,224900,232000,235000,235000,236000,235000,235000,239000,239000,239900,234500,240000,242900,244900,239900,233575,232000,239000,239900,239900,239900,239900,239900,237150,235000,240900,239900,244400,243400,249000,249000,248500,245000,249900,245900,249900,245450,244900,244900,244900,246400,246900,249900,249900,249000,244950,244900,246500,242450,249000,244900,244900,245000,249900,250000,254950,249950,242000,244900,244900,251500"
[list_prices_exploded] => Array
(
[0] => 204900
[1] => 206900
[2] => 199900
[3] => 201900
[4] => 209900
[5] => 214800
[6] => 2.00E+05
[7] => 199900
[8] => 198700
[9] => 197500
[10] => 199000
[11] => 198900
[12] => 197500
[13] => 197500
[14] => 194900
[15] => 189900
[16] => 194500
[17] => 189900
[18] => 189900
[19] => 189900
[20] => 192450
[21] => 193500
[22] => 192000
[23] => 189900
[24] => 189900
[25] => 189900
[26] => 184900
[27] => 179900
[28] => 188000
[29] => 194000
[30] => 196950
[31] => 198000
[32] => 199925
[33] => 203000
[34] => 199999
[35] => 203900
[36] => 204400
[37] => 205000
[38] => 209200
[39] => 215000
[40] => 214950
[41] => 209900
[42] => 209900
[43] => 205000
[44] => 214900
[45] => 209500
[46] => 208900
[47] => 207950
[48] => 209900
[49] => 212900
[50] => 214400
[51] => 219900
[52] => 229900
[53] => 226900
[54] => 226900
[55] => 224900
[56] => 224900
[57] => 224500
[58] => 228750
[59] => 224900
[60] => 232000
[61] => 235000
[62] => 235000
[63] => 236000
[64] => 235000
[65] => 235000
[66] => 239000
[67] => 239000
[68] => 239900
[69] => 234500
[70] => 240000
[71] => 242900
[72] => 244900
[73] => 239900
[74] => 233575
[75] => 232000
[76] => 239000
[77] => 239900
[78] => 239900
[79] => 239900
[80] => 239900
[81] => 239900
[82] => 237150
[83] => 235000
[84] => 240900
[85] => 239900
[86] => 244400
[87] => 243400
[88] => 249000
[89] => 249000
[90] => 248500
[91] => 245000
[92] => 249900
[93] => 245900
[94] => 249900
[95] => 245450
[96] => 244900
[97] => 244900
[98] => 244900
[99] => 246400
[100] => 246900
[101] => 249900
[102] => 249900
[103] => 249000
[104] => 244950
[105] => 244900
[106] => 246500
[107] => 242450
[108] => 249000
[109] => 244900
[110] => 244900
[111] => 245000
[112] => 249900
[113] => 250000
[114] => 254950
[115] => 249950
[116] => 242000
[117] => 244900
[118] => 244900
[119] => 251500
)
)
Array
(
[county_name] => Yellowstone
[state] => Montana
[state_fips] => 30
[county_fips] => 30111
[dma] => 756
[metro_name] => Billings, MT
[cbsa_name] => Billings, MT
[county_region_id_zillow] => 3149
[metro_region_id_zillow] => 394386
[fips] => 30111
[cbsa_code] => 13740
[population_prior] => 159229
[population] => 160137
[rank] => 1
[difference] => 0.570247882
[region_id] => 3149
[sale_counts] => "202,200,170,176,156,155,136,140,121,119,109,123,138,143,143,139,155,155,165,169,184,168,157,135,141,156,174,169,137,114,111,113,121,120,129,128,132,126,124,123,130,134,142,135,141,137,150,155,159,159,156,159,156,152,152,157,169,154,166,175,199,186,174,173,178,177,171,167,168,165,170,181,172,161,150,162,168,174,173,158,141,149,175,194,194,187,182,184,194,191,195,186,187,181,192,200,192,182,180,188,182,179,173,169,184,192,202,191,186,187,183,194,184,185,180,191,197,187,197,196,208,176,167,163,186,190,193,190,186,168,175,180,190,170,177,179,197,184,179,170,172,"
[county] => Yellowstone
[flips] => 81
[purchase_price] => 220991
[resale_price] => 251714
[gross_margin] => 30723
[flipcount_rank] => 3
[flipmargin_rank] => 10
[sale_counts_exploded] => Array
(
[0] => 202
[1] => 200
[2] => 170
[3] => 176
[4] => 156
[5] => 155
[6] => 136
[7] => 140
[8] => 121
[9] => 119
[10] => 109
[11] => 123
[12] => 138
[13] => 143
[14] => 143
[15] => 139
[16] => 155
[17] => 155
[18] => 165
[19] => 169
[20] => 184
[21] => 168
[22] => 157
[23] => 135
[24] => 141
[25] => 156
[26] => 174
[27] => 169
[28] => 137
[29] => 114
[30] => 111
[31] => 113
[32] => 121
[33] => 120
[34] => 129
[35] => 128
[36] => 132
[37] => 126
[38] => 124
[39] => 123
[40] => 130
[41] => 134
[42] => 142
[43] => 135
[44] => 141
[45] => 137
[46] => 150
[47] => 155
[48] => 159
[49] => 159
[50] => 156
[51] => 159
[52] => 156
[53] => 152
[54] => 152
[55] => 157
[56] => 169
[57] => 154
[58] => 166
[59] => 175
[60] => 199
[61] => 186
[62] => 174
[63] => 173
[64] => 178
[65] => 177
[66] => 171
[67] => 167
[68] => 168
[69] => 165
[70] => 170
[71] => 181
[72] => 172
[73] => 161
[74] => 150
[75] => 162
[76] => 168
[77] => 174
[78] => 173
[79] => 158
[80] => 141
[81] => 149
[82] => 175
[83] => 194
[84] => 194
[85] => 187
[86] => 182
[87] => 184
[88] => 194
[89] => 191
[90] => 195
[91] => 186
[92] => 187
[93] => 181
[94] => 192
[95] => 200
[96] => 192
[97] => 182
[98] => 180
[99] => 188
[100] => 182
[101] => 179
[102] => 173
[103] => 169
[104] => 184
[105] => 192
[106] => 202
[107] => 191
[108] => 186
[109] => 187
[110] => 183
[111] => 194
[112] => 184
[113] => 185
[114] => 180
[115] => 191
[116] => 197
[117] => 187
[118] => 197
[119] => 196
[120] => 208
[121] => 176
[122] => 167
[123] => 163
[124] => 186
[125] => 190
[126] => 193
[127] => 190
[128] => 186
[129] => 168
[130] => 175
[131] => 180
[132] => 190
[133] => 170
[134] => 177
[135] => 179
[136] => 197
[137] => 184
[138] => 179
[139] => 170
[140] => 172
[141] =>
)
)