Topeka, KS 66606

Flip Market Report

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 Topeka, KS. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Shawnee 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
Shawnee County #4th in KS
#10th 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.

66606 Historical Monthly Listing Prices

No Data Available

Shawnee Historical Monthly Home Sales

Latest Monthly Sales Count

List Price /sqft

$64

-0.03% from last quarter

Reduced Listings /Month

8

1% from last quarter

Avg. Days on Market

41

-0.49% from last year

Average Home Sqft

$1,491

0.12% from last year

Population Rank

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 Shawnee 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
Kansas 2,911,505 0.03% #35th in US
Shawnee County 177,499 -0.38% #3rd in KS
66606 11,284 #85th in KS
Home Searches

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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    [country] => USA
    [zip] => 66606
    [city] => Topeka
    [state] => Kansas
    [state_abbr] => KS
    [county] => Shawnee
    [dma] => 605
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    [QoQ] => 0.0202276
    [YoY] => 0.0562827
    [5Year] => 0.0163894
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    [PeakMonth] => 2008-05
    [PeakQuarter] => 2008-Q2
    [PeakZHVI] => 81200
    [PctFallFromPeak] => -0.00615764
    [LastTimeAtCurrZHVI] => 2007-08
    [flips] => 1184
    [purchase_price] => 175880
    [resale_price] => 226500
    [gross_margin] => 50620
    [flipcount_rank] => 36
    [flipmargin_rank] => 40
    [counties] => 105
    [zip_population] => 11284
    [zip_rank] => 85
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    [state_rank] => 35
    [state_difference] => 0.028034
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    [state] => Kansas
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    [dma] => 605
    [metro_name] => Topeka, KS
    [cbsa_name] => Topeka, KS
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    [metro_region_id_zillow] => 395161
    [fips] => 20177
    [cbsa_code] => 45820
    [population_prior] => 178173
    [population] => 177499
    [rank] => 3
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