House Flipping Report
Neighborhood Data
Salem, MO 65560
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 Salem, MO . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Dent 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
Dent 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 Median Sale Price
$ 114,500
even YoY Change
Latest Monthly Sales Count
7
List Price /sqft
$59
-0.03% from last quarter
Average Home Sqft
$1,322
-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 Dent 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
Dent County
15,441
0.01%
#68th in MO
65560
14,392
#35th 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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