House Flipping Report
Neighborhood Data
Lincoln, NE 68506
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 Lincoln, NE . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Lancaster 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
Lancaster County
#2nd in NE
#7th 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
$ 179,500
0.03% YoY Change
Latest Monthly Sales Count
438
List Price /sqft
$105
-0.02% from last quarter
Reduced Listings /Month
4
-0.86% from last quarter
Average Home Sqft
$2,104
0.44% 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 Lancaster 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
Lancaster County
317,272
1.05%
#2nd in NE
68506
27,952
#11th 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] => 24717
[country] => USA
[zip] => 68506
[city] => Lincoln
[state] => Nebraska
[state_abbr] => NE
[county] => Lancaster
[dma] => 722
[latitude] => 40.7839
[longitude] => -96.6421
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 68506
[zip_name] => lincoln, ne
[flag] => *
[median_listing_price] => 217450
[median_listing_price_mm] => -0.0338
[median_listing_price_yy] => 0.1442
[active_listing_count] => 53
[active_listing_count_mm] => -0.1719
[active_listing_count_yy] => 0.0192
[median_days_on_market] => 65.5
[median_days_on_market_mm] => 0.4239
[median_days_on_market_yy] =>
[new_listing_count] => 20
[new_listing_count_mm] => 0.25
[new_listing_count_yy] => -0.1667
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.8571
[price_reduced_count_yy] => -0.6667
[pending_listing_count] => 38
[pending_listing_count_mm] => -0.1739
[pending_listing_count_yy] => 0.1176
[median_listing_price_per_square_feet] => 105
[median_listing_price_per_square_feet_mm] => -0.0175
[median_listing_price_per_square_feet_yy] => -0.2415
[median_square_feet] => 2104
[median_square_feet_mm] => 0
[median_square_feet_yy] => 0.4431
[average_listing_price] => 253117
[average_listing_price_mm] => -0.0076
[average_listing_price_yy] => 0.1739
[total_listing_count] => 91
[total_listing_count_mm] => -0.1727
[total_listing_count_yy] => 0.717
[pending_ratio_mm] => -0.0018
[pending_ratio_yy] => 0.0631
[RegionID] => 88036
[RegionName] => 68506
[State] => NE
[Metro] => Lincoln
[County] => Lancaster County
[City] => Lincoln
[SizeRank] => 286
[Zhvi] => 181100
[MoM] => -0.00110314
[QoQ] => -0.0016538
[YoY] => 0.0307342
[5Year] => 0.0496992
[10Year] => 0.031429
[PeakMonth] => 2019-07
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 181400
[PctFallFromPeak] => -0.0016538
[LastTimeAtCurrZHVI] => 2019-04
[flips] => 1804
[purchase_price] => 83191
[resale_price] => 201366
[gross_margin] => 118174
[flipcount_rank] => 33
[flipmargin_rank] => 7
[counties] => 93
[zip_population] => 27952
[zip_rank] => 11
[state_population] => 1929268
[state_rank] => 37
[state_difference] => 0.609780
[list_prices] => "143000,134950,124000,121225,129000,129500,124950,124900,136000,129000,129500,134900,135950,130900,135000,135000,131730,132950,134900,149400,139950,139900,137200,134900,137999,129900,134999,129900,138500,132400,138500,144900,138625,148000,145000,149500,146750,131900,129900,129900,139900,138250,139900,143000,139900,139500,134900,133850,131900,130000,133500,133750,138500,136150,134900,139900,142949.5,130000,129950,134200,134900,139925,141000,141500,135250,140750,146900,144900,151900,154999.5,145425,145000,138500,138250,150500,157500,163450,162000,164900,165000,160700,159900,159900,156750,158750,159900,154900,169900,179000,191900,197000,178500,189900,175990,174900,173500,177700,195000,199000,214900,208900,206250,186000,199450,203950,214900,188925,209900,205000,213900,206400,205000,227450,214900,199900,196700,189950,189900,194900,179500"
[list_prices_exploded] => Array
(
[0] => 143000
[1] => 134950
[2] => 124000
[3] => 121225
[4] => 129000
[5] => 129500
[6] => 124950
[7] => 124900
[8] => 136000
[9] => 129000
[10] => 129500
[11] => 134900
[12] => 135950
[13] => 130900
[14] => 135000
[15] => 135000
[16] => 131730
[17] => 132950
[18] => 134900
[19] => 149400
[20] => 139950
[21] => 139900
[22] => 137200
[23] => 134900
[24] => 137999
[25] => 129900
[26] => 134999
[27] => 129900
[28] => 138500
[29] => 132400
[30] => 138500
[31] => 144900
[32] => 138625
[33] => 148000
[34] => 145000
[35] => 149500
[36] => 146750
[37] => 131900
[38] => 129900
[39] => 129900
[40] => 139900
[41] => 138250
[42] => 139900
[43] => 143000
[44] => 139900
[45] => 139500
[46] => 134900
[47] => 133850
[48] => 131900
[49] => 130000
[50] => 133500
[51] => 133750
[52] => 138500
[53] => 136150
[54] => 134900
[55] => 139900
[56] => 142949.5
[57] => 130000
[58] => 129950
[59] => 134200
[60] => 134900
[61] => 139925
[62] => 141000
[63] => 141500
[64] => 135250
[65] => 140750
[66] => 146900
[67] => 144900
[68] => 151900
[69] => 154999.5
[70] => 145425
[71] => 145000
[72] => 138500
[73] => 138250
[74] => 150500
[75] => 157500
[76] => 163450
[77] => 162000
[78] => 164900
[79] => 165000
[80] => 160700
[81] => 159900
[82] => 159900
[83] => 156750
[84] => 158750
[85] => 159900
[86] => 154900
[87] => 169900
[88] => 179000
[89] => 191900
[90] => 197000
[91] => 178500
[92] => 189900
[93] => 175990
[94] => 174900
[95] => 173500
[96] => 177700
[97] => 195000
[98] => 199000
[99] => 214900
[100] => 208900
[101] => 206250
[102] => 186000
[103] => 199450
[104] => 203950
[105] => 214900
[106] => 188925
[107] => 209900
[108] => 205000
[109] => 213900
[110] => 206400
[111] => 205000
[112] => 227450
[113] => 214900
[114] => 199900
[115] => 196700
[116] => 189950
[117] => 189900
[118] => 194900
[119] => 179500
)
)
Array
(
[county_name] => Lancaster
[state] => Nebraska
[state_fips] => 31
[county_fips] => 31109
[dma] => 722
[metro_name] => Lincoln, NE
[cbsa_name] => Lincoln, NE
[county_region_id_zillow] => 2775
[metro_region_id_zillow] => 394796
[fips] => 31109
[cbsa_code] => 30700
[population_prior] => 313977
[population] => 317272
[rank] => 2
[difference] => 1.049439927
[region_id] => 2775
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,386,322,263,203,222,243,240,259,272,290,277,265,265,275,286,285,267,285,299,331,340,346,343,331,340,346,349,334,337,325,329,338,352,357,353,341,353,361,399,393,383,360,359,363,384,370,371,349,364,374,375,372,372,372,379,403,441,446,442,427,447,438,423,421,422,406,396,407,452,469,450,431,419,389,398,388,409,411,423,478,484,487,430,421,425,426,416,408,411,413,421,439,460,448,425,394,397,409,414,416,423,424,398,393,423,431,420,385,396,411,430,435,420,431,438"
[county] => Lancaster
[flips] => 426
[purchase_price] => 94045
[resale_price] => 185258
[gross_margin] => 91214
[flipcount_rank] => 2
[flipmargin_rank] => 7
[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] => 386
[28] => 322
[29] => 263
[30] => 203
[31] => 222
[32] => 243
[33] => 240
[34] => 259
[35] => 272
[36] => 290
[37] => 277
[38] => 265
[39] => 265
[40] => 275
[41] => 286
[42] => 285
[43] => 267
[44] => 285
[45] => 299
[46] => 331
[47] => 340
[48] => 346
[49] => 343
[50] => 331
[51] => 340
[52] => 346
[53] => 349
[54] => 334
[55] => 337
[56] => 325
[57] => 329
[58] => 338
[59] => 352
[60] => 357
[61] => 353
[62] => 341
[63] => 353
[64] => 361
[65] => 399
[66] => 393
[67] => 383
[68] => 360
[69] => 359
[70] => 363
[71] => 384
[72] => 370
[73] => 371
[74] => 349
[75] => 364
[76] => 374
[77] => 375
[78] => 372
[79] => 372
[80] => 372
[81] => 379
[82] => 403
[83] => 441
[84] => 446
[85] => 442
[86] => 427
[87] => 447
[88] => 438
[89] => 423
[90] => 421
[91] => 422
[92] => 406
[93] => 396
[94] => 407
[95] => 452
[96] => 469
[97] => 450
[98] => 431
[99] => 419
[100] => 389
[101] => 398
[102] => 388
[103] => 409
[104] => 411
[105] => 423
[106] => 478
[107] => 484
[108] => 487
[109] => 430
[110] => 421
[111] => 425
[112] => 426
[113] => 416
[114] => 408
[115] => 411
[116] => 413
[117] => 421
[118] => 439
[119] => 460
[120] => 448
[121] => 425
[122] => 394
[123] => 397
[124] => 409
[125] => 414
[126] => 416
[127] => 423
[128] => 424
[129] => 398
[130] => 393
[131] => 423
[132] => 431
[133] => 420
[134] => 385
[135] => 396
[136] => 411
[137] => 430
[138] => 435
[139] => 420
[140] => 431
[141] => 438
)
)