House Flipping Report
Neighborhood Data
Platte City, MO 64079
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 Platte City, MO . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Platte 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
Platte County
#14th in MO
#16th 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
$ 273,425
-0.02% YoY Change
Latest Monthly Sales Count
165
List Price /sqft
$130
0.01% from last quarter
Reduced Listings /Month
8
-0.67% from last quarter
Average Home Sqft
$2,428
0.06% 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 Platte 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
Platte County
102,985
1.74%
#12th in MO
64079
12,485
#60th 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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