House Flipping Report
Neighborhood Data
Lees Summit, MO 64064
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 Lees Summit, MO . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Jackson County , we've been able to rank it against its peer counties within Missouri. To provide an even fuller picture, we also ranked Missouri against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Missouri
#19th in US
#41st in US
Jackson County
#2nd in MO
#25th in MO
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
$ 350,000
0.03% YoY Change
Latest Monthly Sales Count
1,360
List Price /sqft
$151
0.09% from last quarter
Reduced Listings /Month
16
-0.56% from last quarter
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Jackson County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Missouri
6,126,452
0.29%
#18th in US
Jackson County
700,307
0.37%
#2nd in MO
64064
16,223
#17th in MO
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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