House Flipping Report
Neighborhood Data
Olathe, KS 66061
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 Olathe, KS . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Johnson County , we've been able to rank it against its peer counties within Kansas. To provide an even fuller picture, we also ranked Kansas against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Kansas
#36th in US
#40th in US
Johnson County
#1st in KS
#3rd in KS
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
$ 380,810
0.03% YoY Change
Latest Monthly Sales Count
List Price /sqft
$161
0.01% from last quarter
Reduced Listings /Month
40
-0.33% from last quarter
Average Home Sqft
$2,628
-0.03% 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 Johnson County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Kansas
2,911,505
0.03%
#35th in US
Johnson County
597,555
1.06%
#1st in KS
66061
55,805
#2nd in KS
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] => 13948
[country] => USA
[zip] => 66061
[city] => Olathe
[state] => Kansas
[state_abbr] => KS
[county] => Johnson
[dma] => 616
[latitude] => 38.8843
[longitude] => -94.902
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 66061
[zip_name] => olathe, ks
[flag] => *
[median_listing_price] => 421500
[median_listing_price_mm] => -0.0035
[median_listing_price_yy] => -0.0013
[active_listing_count] => 235
[active_listing_count_mm] => -0.082
[active_listing_count_yy] =>
[median_days_on_market] => 100
[median_days_on_market_mm] => 0.1765
[median_days_on_market_yy] => 0.0204
[new_listing_count] => 56
[new_listing_count_mm] => 0.4
[new_listing_count_yy] => 0.5556
[price_increased_count] => 20
[price_increased_count_mm] => 0.6667
[price_increased_count_yy] => 4
[price_reduced_count] => 40
[price_reduced_count_mm] => -0.3333
[price_reduced_count_yy] => 0.6667
[pending_listing_count] => 155
[pending_listing_count_mm] => -0.1341
[pending_listing_count_yy] => 4.1667
[median_listing_price_per_square_feet] => 161
[median_listing_price_per_square_feet_mm] => 0.0127
[median_listing_price_per_square_feet_yy] => 0.06
[median_square_feet] => 2628
[median_square_feet_mm] => -0.0181
[median_square_feet_yy] => -0.0319
[average_listing_price] => 461857
[average_listing_price_mm] => 0.0026
[average_listing_price_yy] => -0.0061
[total_listing_count] => 390
[total_listing_count_mm] => -0.1034
[total_listing_count_yy] => 0.6596
[pending_ratio_mm] => -0.0396
[pending_ratio_yy] => 0.5489
[RegionID] => 87073
[RegionName] => 66061
[State] => KS
[Metro] => Kansas City
[County] => Johnson County
[City] => Olathe
[SizeRank] => 348
[Zhvi] => 257000
[MoM] => 0.00823853
[QoQ] => 0.011811
[YoY] => 0.0304731
[5Year] => 0.0622724
[10Year] => 0.0307203
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 257000
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 1184
[purchase_price] => 175880
[resale_price] => 226500
[gross_margin] => 50620
[flipcount_rank] => 36
[flipmargin_rank] => 40
[counties] => 105
[zip_population] => 55805
[zip_rank] => 2
[state_population] => 2911505
[state_rank] => 35
[state_difference] => 0.028034
[list_prices] => "199000,199845,209950,209900,215000,214900,205000,207000,204950,207000,204925,199950,199225,199950,214900,212250,214900,210000,208250,205000,205975,209200,209975,205000,205000,205000,204900,209425,214925,214450,198950,199950,194900,199950,2.00E+05,199450,199550,199700,199950,2.00E+05,201750,199900,197750,199800,205000,208950,2.00E+05,199900,181000,199900,210000,217450,230000,235000,245500,239950,235000,229975,235000,252500,252500,249950,245000,249177,258475,260000,265000,266450,274950,276000,287500,288950,292843,299975,297450,308725,292475,301950,289950,296975,305740,305000,319990,326772.5,343610,331815,342500,330000,324095,314950,319950,327780,342300,346632.5,346340,352700,364980,371650,371805,372780,378182.5,365517.5,370000,365000,376522.5,369950,379995,393717.5,387500,395000,388325,385500,379950,375000,369995,359999.5,369950,368925,378990,380810"
[list_prices_exploded] => Array
(
[0] => 199000
[1] => 199845
[2] => 209950
[3] => 209900
[4] => 215000
[5] => 214900
[6] => 205000
[7] => 207000
[8] => 204950
[9] => 207000
[10] => 204925
[11] => 199950
[12] => 199225
[13] => 199950
[14] => 214900
[15] => 212250
[16] => 214900
[17] => 210000
[18] => 208250
[19] => 205000
[20] => 205975
[21] => 209200
[22] => 209975
[23] => 205000
[24] => 205000
[25] => 205000
[26] => 204900
[27] => 209425
[28] => 214925
[29] => 214450
[30] => 198950
[31] => 199950
[32] => 194900
[33] => 199950
[34] => 2.00E+05
[35] => 199450
[36] => 199550
[37] => 199700
[38] => 199950
[39] => 2.00E+05
[40] => 201750
[41] => 199900
[42] => 197750
[43] => 199800
[44] => 205000
[45] => 208950
[46] => 2.00E+05
[47] => 199900
[48] => 181000
[49] => 199900
[50] => 210000
[51] => 217450
[52] => 230000
[53] => 235000
[54] => 245500
[55] => 239950
[56] => 235000
[57] => 229975
[58] => 235000
[59] => 252500
[60] => 252500
[61] => 249950
[62] => 245000
[63] => 249177
[64] => 258475
[65] => 260000
[66] => 265000
[67] => 266450
[68] => 274950
[69] => 276000
[70] => 287500
[71] => 288950
[72] => 292843
[73] => 299975
[74] => 297450
[75] => 308725
[76] => 292475
[77] => 301950
[78] => 289950
[79] => 296975
[80] => 305740
[81] => 305000
[82] => 319990
[83] => 326772.5
[84] => 343610
[85] => 331815
[86] => 342500
[87] => 330000
[88] => 324095
[89] => 314950
[90] => 319950
[91] => 327780
[92] => 342300
[93] => 346632.5
[94] => 346340
[95] => 352700
[96] => 364980
[97] => 371650
[98] => 371805
[99] => 372780
[100] => 378182.5
[101] => 365517.5
[102] => 370000
[103] => 365000
[104] => 376522.5
[105] => 369950
[106] => 379995
[107] => 393717.5
[108] => 387500
[109] => 395000
[110] => 388325
[111] => 385500
[112] => 379950
[113] => 375000
[114] => 369995
[115] => 359999.5
[116] => 369950
[117] => 368925
[118] => 378990
[119] => 380810
)
)
Array
(
[county_name] => Johnson
[state] => Kansas
[state_fips] => 20
[county_fips] => 20091
[dma] => 616
[metro_name] => Kansas City, MO
[cbsa_name] => Kansas City, MO-KS
[county_region_id_zillow] => 1822
[metro_region_id_zillow] => 394735
[fips] => 20091
[cbsa_code] => 28140
[population_prior] => 591284
[population] => 597555
[rank] => 1
[difference] => 1.060573261
[region_id] => 1822
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,725,593,484,417,425,468,510,593,630,607,579,531,541,518,531,523,528,527,570,623,731,713,732,635,647,623,659,625,642,650,706,772,827,827,764,742,772,810,809,816,796,764,760,826,879,836,770,737,783,800,801,788,786,781,794,816,895,916,931,871,905,898,903,867,839,824,817,870,999,1045,1039,948,954,952,979,947,921,947,953,1039,1059,1090,1008,976,984,1048,1051,1057,1043,1091,1112,1172,1220,1176,1109,1026,1046,1047,1028,964,999,1017,1064,1083,1148,1105,1010,909,943,945,921,882,897,895,"
[county] => Johnson
[flips] => 377
[purchase_price] => 279500
[resale_price] => 342954
[gross_margin] => 63454
[flipcount_rank] => 1
[flipmargin_rank] => 3
[sale_counts_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] => 725
[28] => 593
[29] => 484
[30] => 417
[31] => 425
[32] => 468
[33] => 510
[34] => 593
[35] => 630
[36] => 607
[37] => 579
[38] => 531
[39] => 541
[40] => 518
[41] => 531
[42] => 523
[43] => 528
[44] => 527
[45] => 570
[46] => 623
[47] => 731
[48] => 713
[49] => 732
[50] => 635
[51] => 647
[52] => 623
[53] => 659
[54] => 625
[55] => 642
[56] => 650
[57] => 706
[58] => 772
[59] => 827
[60] => 827
[61] => 764
[62] => 742
[63] => 772
[64] => 810
[65] => 809
[66] => 816
[67] => 796
[68] => 764
[69] => 760
[70] => 826
[71] => 879
[72] => 836
[73] => 770
[74] => 737
[75] => 783
[76] => 800
[77] => 801
[78] => 788
[79] => 786
[80] => 781
[81] => 794
[82] => 816
[83] => 895
[84] => 916
[85] => 931
[86] => 871
[87] => 905
[88] => 898
[89] => 903
[90] => 867
[91] => 839
[92] => 824
[93] => 817
[94] => 870
[95] => 999
[96] => 1045
[97] => 1039
[98] => 948
[99] => 954
[100] => 952
[101] => 979
[102] => 947
[103] => 921
[104] => 947
[105] => 953
[106] => 1039
[107] => 1059
[108] => 1090
[109] => 1008
[110] => 976
[111] => 984
[112] => 1048
[113] => 1051
[114] => 1057
[115] => 1043
[116] => 1091
[117] => 1112
[118] => 1172
[119] => 1220
[120] => 1176
[121] => 1109
[122] => 1026
[123] => 1046
[124] => 1047
[125] => 1028
[126] => 964
[127] => 999
[128] => 1017
[129] => 1064
[130] => 1083
[131] => 1148
[132] => 1105
[133] => 1010
[134] => 909
[135] => 943
[136] => 945
[137] => 921
[138] => 882
[139] => 897
[140] => 895
[141] =>
)
)