House Flipping Report
Neighborhood Data
Villa Park, IL 60181
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 Villa Park, IL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in DuPage County , we've been able to rank it against its peer counties within Illinois. To provide an even fuller picture, we also ranked Illinois against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Illinois
#15th in US
#18th in US
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
$ 244,000
0.03% YoY Change
List Price /sqft
$179
-0.02% from last quarter
Reduced Listings /Month
12
-0.63% from last quarter
Average Home Sqft
$1,281
0.02% from last year
In order to successfully flip houses, you need the population of the area to be trending northward for either the individual zip code or the county as a whole. As more people come into an area, they will need quality housing to keep up with the influx of people.
Region
Population
Change YoY
Rank
Illinois
12,741,080
-0.35%
#6th in US
60181
28,836
#53rd in IL
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] => 11459
[country] => USA
[zip] => 60181
[city] => Villa Park
[state] => Illinois
[state_abbr] => IL
[county] => DuPage
[dma] => 602
[latitude] => 41.879
[longitude] => -87.9742
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 60181
[zip_name] => villa park, il
[flag] =>
[median_listing_price] => 242500
[median_listing_price_mm] => -0.0298
[median_listing_price_yy] => 0.0106
[active_listing_count] => 54
[active_listing_count_mm] => -0.2059
[active_listing_count_yy] => -0.1818
[median_days_on_market] => 60.5
[median_days_on_market_mm] => 0.1863
[median_days_on_market_yy] => -0.0833
[new_listing_count] => 12
[new_listing_count_mm] => -0.5714
[new_listing_count_yy] => 0.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.625
[price_reduced_count_yy] => 0.5
[pending_listing_count] => 27
[pending_listing_count_mm] => -0.25
[pending_listing_count_yy] => -0.3415
[median_listing_price_per_square_feet] => 179
[median_listing_price_per_square_feet_mm] => -0.0219
[median_listing_price_per_square_feet_yy] => 0.0695
[median_square_feet] => 1281
[median_square_feet_mm] => -0.0487
[median_square_feet_yy] => 0.0163
[average_listing_price] => 257933
[average_listing_price_mm] => -0.0483
[average_listing_price_yy] => 0.0497
[total_listing_count] => 81
[total_listing_count_mm] => -0.2212
[total_listing_count_yy] => 0.5
[pending_ratio_mm] => -0.0294
[pending_ratio_yy] => -0.1212
[RegionID] => 84427
[RegionName] => 60181
[State] => IL
[Metro] => Chicago-Naperville-Elgin
[County] => DuPage County
[City] => Villa Park
[SizeRank] => 366
[Zhvi] => 239000
[MoM] => 0.00251678
[QoQ] => 0.00293747
[YoY] => 0.0292851
[5Year] => 0.0471776
[10Year] => 0.0136489
[PeakMonth] => 2007-01
[PeakQuarter] => 2007-Q1
[PeakZHVI] => 267100
[PctFallFromPeak] => -0.105204
[LastTimeAtCurrZHVI] => 2005-01
[flips] => 6968
[purchase_price] => 111282
[resale_price] => 193723
[gross_margin] => 82442
[flipcount_rank] => 15
[flipmargin_rank] => 18
[counties] => 102
[zip_population] => 28836
[zip_rank] => 153
[state_population] => 12741080
[state_rank] => 6
[state_difference] => -0.35284
[list_prices] => "238700,239900,235000,230000,229900,229000,229000,224900,220000,219000,214900,204900,199000,189777,189838.5,189900,189900,189900,184900,184900,183950,184900,179900,179900,179900,179900,179900,171400,163900,174000,174450,168500,169000,167500,159900,169000,164900,164950,165450,173900,189900,189900,203950,192900,199450,210000,219900,209450,209000,204450,217900,224900,219900,222500,214900,209888,214000,215000,214900,214999,214900,214000,211500,199999,209900,216900,219900,224900,221250,219000,214950,205000,219000,224900,219500,225000,224400,224900,228950,224400,221500,222000,219900,214999,216000,222000,229000,239900,239990,249000,249900,244950,239900,229900,229950,229900,229900,242900,242400,249900,249900,250000,250000,250000,249995,239900,230000,229900,228500,229949.5,239500,240000,239900,246000,252511,249900,239945,239900,244900,244000"
[list_prices_exploded] => Array
(
[0] => 238700
[1] => 239900
[2] => 235000
[3] => 230000
[4] => 229900
[5] => 229000
[6] => 229000
[7] => 224900
[8] => 220000
[9] => 219000
[10] => 214900
[11] => 204900
[12] => 199000
[13] => 189777
[14] => 189838.5
[15] => 189900
[16] => 189900
[17] => 189900
[18] => 184900
[19] => 184900
[20] => 183950
[21] => 184900
[22] => 179900
[23] => 179900
[24] => 179900
[25] => 179900
[26] => 179900
[27] => 171400
[28] => 163900
[29] => 174000
[30] => 174450
[31] => 168500
[32] => 169000
[33] => 167500
[34] => 159900
[35] => 169000
[36] => 164900
[37] => 164950
[38] => 165450
[39] => 173900
[40] => 189900
[41] => 189900
[42] => 203950
[43] => 192900
[44] => 199450
[45] => 210000
[46] => 219900
[47] => 209450
[48] => 209000
[49] => 204450
[50] => 217900
[51] => 224900
[52] => 219900
[53] => 222500
[54] => 214900
[55] => 209888
[56] => 214000
[57] => 215000
[58] => 214900
[59] => 214999
[60] => 214900
[61] => 214000
[62] => 211500
[63] => 199999
[64] => 209900
[65] => 216900
[66] => 219900
[67] => 224900
[68] => 221250
[69] => 219000
[70] => 214950
[71] => 205000
[72] => 219000
[73] => 224900
[74] => 219500
[75] => 225000
[76] => 224400
[77] => 224900
[78] => 228950
[79] => 224400
[80] => 221500
[81] => 222000
[82] => 219900
[83] => 214999
[84] => 216000
[85] => 222000
[86] => 229000
[87] => 239900
[88] => 239990
[89] => 249000
[90] => 249900
[91] => 244950
[92] => 239900
[93] => 229900
[94] => 229950
[95] => 229900
[96] => 229900
[97] => 242900
[98] => 242400
[99] => 249900
[100] => 249900
[101] => 250000
[102] => 250000
[103] => 250000
[104] => 249995
[105] => 239900
[106] => 230000
[107] => 229900
[108] => 228500
[109] => 229949.5
[110] => 239500
[111] => 240000
[112] => 239900
[113] => 246000
[114] => 252511
[115] => 249900
[116] => 239945
[117] => 239900
[118] => 244900
[119] => 244000
)
)
Array
(
[sale_counts_exploded] => Array
(
[0] =>
)
)