House Flipping Report
Neighborhood Data
Omaha, NE 68134
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 Omaha, NE . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Douglas County , we've been able to rank it against its peer counties within Nebraska. To provide an even fuller picture, we also ranked Nebraska against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Nebraska
#33rd in US
#7th in US
Douglas County
#1st in NE
#6th in NE
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
$ 179,900
0.07% YoY Change
Latest Monthly Sales Count
812
List Price /sqft
$107
-0.01% from last quarter
Reduced Listings /Month
12
even from last quarter
Average Home Sqft
$1,626
-0.01% 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 Douglas County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Nebraska
1,929,268
0.61%
#37th in US
Douglas County
566,880
1.13%
#1st in NE
68134
28,257
#9th in NE
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] => 24542
[country] => USA
[zip] => 68134
[city] => Omaha
[state] => Nebraska
[state_abbr] => NE
[county] => Douglas
[dma] => 652
[latitude] => 41.3
[longitude] => -96.0527
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 68134
[zip_name] => omaha, ne
[flag] =>
[median_listing_price] => 182050
[median_listing_price_mm] => 0.0111
[median_listing_price_yy] => 0.0706
[active_listing_count] => 36
[active_listing_count_mm] => -0.2174
[active_listing_count_yy] => 0.3333
[median_days_on_market] => 47.5
[median_days_on_market_mm] => 0.6964
[median_days_on_market_yy] => 0.6964
[new_listing_count] => 16
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => 0
[price_reduced_count_yy] => 2
[pending_listing_count] => 39
[pending_listing_count_mm] => 0
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 107
[median_listing_price_per_square_feet_mm] => -0.0124
[median_listing_price_per_square_feet_yy] => 0.0553
[median_square_feet] => 1626
[median_square_feet_mm] => -0.004
[median_square_feet_yy] => -0.01
[average_listing_price] => 195659
[average_listing_price_mm] => 0.0098
[average_listing_price_yy] => 0.0732
[total_listing_count] => 75
[total_listing_count_mm] => -0.1176
[total_listing_count_yy] => 1.0833
[pending_ratio_mm] => 0.2355
[pending_ratio_yy] => 1.0833
[RegionID] => 87880
[RegionName] => 68134
[State] => NE
[Metro] => Omaha-Council Bluffs
[County] => Douglas County
[City] => Omaha
[SizeRank] => 282
[Zhvi] => 163500
[MoM] => 0.00491703
[QoQ] => 0.0180573
[YoY] => 0.0679295
[5Year] => 0.0641729
[10Year] => 0.0300503
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 163500
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 1804
[purchase_price] => 83191
[resale_price] => 201366
[gross_margin] => 118174
[flipcount_rank] => 33
[flipmargin_rank] => 7
[counties] => 93
[zip_population] => 28257
[zip_rank] => 9
[state_population] => 1929268
[state_rank] => 37
[state_difference] => 0.609780
[list_prices] => "124000,124450,125000,125000,124925,122500,122000,124900,123000,120500,120000,119900,119940,119700,119915,119900,120000,119925,123450,121000,123450,120000,118500,119950,120000,115000,119825,120000,120000,121500,120000,118500,116500,116500,115000,114700,115000,115000,118500,120000,119900,120000,119000,119900,120000,118500,120000,120000,118500,118750,117450,121000,120000,126500,129900,127000,126900,120000,119900,121250,119725,122500,120000,129950,129900,129900,130000,134000,131250,138700,138700,136750,129900,132500,136000,140000,140500,139900,139950,138950,136900,136000,135000,129900,134900,135000,140000,148750,152500,145000,149900,149900,152750,150000,145000,147000,154000,164250,159900,158000,159900,159500,164200,162000,165000,160000,167500,172500,173000,170000,165000,170000,172500,175000,170000,174900,175000,175000,177650,179900"
[list_prices_exploded] => Array
(
[0] => 124000
[1] => 124450
[2] => 125000
[3] => 125000
[4] => 124925
[5] => 122500
[6] => 122000
[7] => 124900
[8] => 123000
[9] => 120500
[10] => 120000
[11] => 119900
[12] => 119940
[13] => 119700
[14] => 119915
[15] => 119900
[16] => 120000
[17] => 119925
[18] => 123450
[19] => 121000
[20] => 123450
[21] => 120000
[22] => 118500
[23] => 119950
[24] => 120000
[25] => 115000
[26] => 119825
[27] => 120000
[28] => 120000
[29] => 121500
[30] => 120000
[31] => 118500
[32] => 116500
[33] => 116500
[34] => 115000
[35] => 114700
[36] => 115000
[37] => 115000
[38] => 118500
[39] => 120000
[40] => 119900
[41] => 120000
[42] => 119000
[43] => 119900
[44] => 120000
[45] => 118500
[46] => 120000
[47] => 120000
[48] => 118500
[49] => 118750
[50] => 117450
[51] => 121000
[52] => 120000
[53] => 126500
[54] => 129900
[55] => 127000
[56] => 126900
[57] => 120000
[58] => 119900
[59] => 121250
[60] => 119725
[61] => 122500
[62] => 120000
[63] => 129950
[64] => 129900
[65] => 129900
[66] => 130000
[67] => 134000
[68] => 131250
[69] => 138700
[70] => 138700
[71] => 136750
[72] => 129900
[73] => 132500
[74] => 136000
[75] => 140000
[76] => 140500
[77] => 139900
[78] => 139950
[79] => 138950
[80] => 136900
[81] => 136000
[82] => 135000
[83] => 129900
[84] => 134900
[85] => 135000
[86] => 140000
[87] => 148750
[88] => 152500
[89] => 145000
[90] => 149900
[91] => 149900
[92] => 152750
[93] => 150000
[94] => 145000
[95] => 147000
[96] => 154000
[97] => 164250
[98] => 159900
[99] => 158000
[100] => 159900
[101] => 159500
[102] => 164200
[103] => 162000
[104] => 165000
[105] => 160000
[106] => 167500
[107] => 172500
[108] => 173000
[109] => 170000
[110] => 165000
[111] => 170000
[112] => 172500
[113] => 175000
[114] => 170000
[115] => 174900
[116] => 175000
[117] => 175000
[118] => 177650
[119] => 179900
)
)
Array
(
[county_name] => Douglas
[state] => Nebraska
[state_fips] => 31
[county_fips] => 31055
[dma] => 652
[metro_name] => Omaha, NE
[cbsa_name] => Omaha-Council Bluffs, NE-IA
[county_region_id_zillow] => 1676
[metro_region_id_zillow] => 394938
[fips] => 31055
[cbsa_code] => 36540
[population_prior] => 560573
[population] => 566880
[rank] => 1
[difference] => 1.125098783
[region_id] => 1676
[sale_counts] => "507,524,458,452,437,411,407,411,383,357,335,404,424,433,422,470,548,592,607,646,676,643,525,496,529,671,591,603,469,481,414,428,447,459,484,526,539,545,512,524,510,525,505,510,522,523,583,640,667,639,592,584,572,570,586,616,623,626,623,635,650,645,637,619,646,667,684,679,663,662,665,726,725,716,641,662,668,695,727,723,712,680,681,725,743,780,762,794,809,803,779,752,753,769,786,857,848,840,785,821,810,818,787,793,831,835,893,902,905,856,833,833,847,829,830,825,852,853,913,981,971,915,850,878,899,899,903,928,934,917,907,977,926,868,767,794,807,806,799,842,827,812"
[county] => Douglas
[flips] => 868
[purchase_price] => 80000
[resale_price] => 183000
[gross_margin] => 103000
[flipcount_rank] => 1
[flipmargin_rank] => 6
[sale_counts_exploded] => Array
(
[0] => 507
[1] => 524
[2] => 458
[3] => 452
[4] => 437
[5] => 411
[6] => 407
[7] => 411
[8] => 383
[9] => 357
[10] => 335
[11] => 404
[12] => 424
[13] => 433
[14] => 422
[15] => 470
[16] => 548
[17] => 592
[18] => 607
[19] => 646
[20] => 676
[21] => 643
[22] => 525
[23] => 496
[24] => 529
[25] => 671
[26] => 591
[27] => 603
[28] => 469
[29] => 481
[30] => 414
[31] => 428
[32] => 447
[33] => 459
[34] => 484
[35] => 526
[36] => 539
[37] => 545
[38] => 512
[39] => 524
[40] => 510
[41] => 525
[42] => 505
[43] => 510
[44] => 522
[45] => 523
[46] => 583
[47] => 640
[48] => 667
[49] => 639
[50] => 592
[51] => 584
[52] => 572
[53] => 570
[54] => 586
[55] => 616
[56] => 623
[57] => 626
[58] => 623
[59] => 635
[60] => 650
[61] => 645
[62] => 637
[63] => 619
[64] => 646
[65] => 667
[66] => 684
[67] => 679
[68] => 663
[69] => 662
[70] => 665
[71] => 726
[72] => 725
[73] => 716
[74] => 641
[75] => 662
[76] => 668
[77] => 695
[78] => 727
[79] => 723
[80] => 712
[81] => 680
[82] => 681
[83] => 725
[84] => 743
[85] => 780
[86] => 762
[87] => 794
[88] => 809
[89] => 803
[90] => 779
[91] => 752
[92] => 753
[93] => 769
[94] => 786
[95] => 857
[96] => 848
[97] => 840
[98] => 785
[99] => 821
[100] => 810
[101] => 818
[102] => 787
[103] => 793
[104] => 831
[105] => 835
[106] => 893
[107] => 902
[108] => 905
[109] => 856
[110] => 833
[111] => 833
[112] => 847
[113] => 829
[114] => 830
[115] => 825
[116] => 852
[117] => 853
[118] => 913
[119] => 981
[120] => 971
[121] => 915
[122] => 850
[123] => 878
[124] => 899
[125] => 899
[126] => 903
[127] => 928
[128] => 934
[129] => 917
[130] => 907
[131] => 977
[132] => 926
[133] => 868
[134] => 767
[135] => 794
[136] => 807
[137] => 806
[138] => 799
[139] => 842
[140] => 827
[141] => 812
)
)