House Flipping Report
Neighborhood Data
Gallatin, MO 64640
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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 Gallatin, MO . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Daviess 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
Daviess County
#58th in MO
#44th 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 Monthly Sales Count
7
List Price /sqft
$66
0.1% from last quarter
Avg. Days on Market
111
-0.32% from last year
Average Home Sqft
$1,666
0.01% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Daviess County . This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.
Region
Population
Change YoY
Rank
Missouri
6,126,452
0.29%
#18th in US
Daviess County
8,313
-0.55%
#98th in MO
64640
3,140
#68th 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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