House Flipping Report
Neighborhood Data
Grand Island, NE 68801
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 Grand Island, NE . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Hall 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
Hall County
#4th in NE
#15th 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
$ 162,000
0.09% YoY Change
Latest Monthly Sales Count
List Price /sqft
$129
0.03% from last quarter
Reduced Listings /Month
8
-0.6% from last quarter
Average Home Sqft
$1,307
-0.11% 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 Hall 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
Hall County
61,607
0.37%
#4th in NE
68801
30,005
#6th 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] => 24622
[country] => USA
[zip] => 68801
[city] => Grand Island
[state] => Nebraska
[state_abbr] => NE
[county] => Hall
[dma] => 722
[latitude] => 40.9419
[longitude] => -98.2749
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 68801
[zip_name] => grand island, ne
[flag] =>
[median_listing_price] => 175050
[median_listing_price_mm] => 0
[median_listing_price_yy] => -0.0535
[active_listing_count] => 69
[active_listing_count_mm] => -0.0548
[active_listing_count_yy] => 0.1311
[median_days_on_market] => 74
[median_days_on_market_mm] => 0.4231
[median_days_on_market_yy] => -0.0263
[new_listing_count] => 8
[new_listing_count_mm] => -0.6
[new_listing_count_yy] => -0.3333
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.6
[price_reduced_count_yy] => 0
[pending_listing_count] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 129
[median_listing_price_per_square_feet_mm] => 0.028
[median_listing_price_per_square_feet_yy] => 0.0133
[median_square_feet] => 1307
[median_square_feet_mm] => -0.0235
[median_square_feet_yy] => -0.1106
[average_listing_price] => 226727
[average_listing_price_mm] => 0.0267
[average_listing_price_yy] => 0.056
[total_listing_count] => 69
[total_listing_count_mm] => -0.0548
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => 0
[RegionID] => 88177
[RegionName] => 68801
[State] => NE
[Metro] => Grand Island
[County] => Hall County
[City] => Grand Island
[SizeRank] => 379
[Zhvi] => 137700
[MoM] => 0.0102715
[QoQ] => 0.0260805
[YoY] => 0.0876777
[5Year] => 0.0610279
[10Year] => 0.043444
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 137700
[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] => 30005
[zip_rank] => 6
[state_population] => 1929268
[state_rank] => 37
[state_difference] => 0.609780
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,99900,115500,110000,115000,120000,107000,120000,129900,129900,129950,132400,135700,136850,138000,132450,126250,134200,134000,121994,129450,129000,129900,129900,129900,135000,143500,139450,137500,131750,134900,135000,139950,140000,152450,142900,155000,159900,153900,148000,152900,156900,146250,137000,135000,156900,162500,149900,155000,164000,159900,161250,159900,159700,162500,159900,159900,157500,159900,161250,159900,155000,155000,152000,145000,143000,147500,139900,149450,150000,153500,154900,150000,152500,155000,173000,161950,155000,149900,142700,151500,165000,169900,166700,165000,165000,161000,159900,159450,162000"
[list_prices_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] =>
[28] =>
[29] =>
[30] =>
[31] => 99900
[32] => 115500
[33] => 110000
[34] => 115000
[35] => 120000
[36] => 107000
[37] => 120000
[38] => 129900
[39] => 129900
[40] => 129950
[41] => 132400
[42] => 135700
[43] => 136850
[44] => 138000
[45] => 132450
[46] => 126250
[47] => 134200
[48] => 134000
[49] => 121994
[50] => 129450
[51] => 129000
[52] => 129900
[53] => 129900
[54] => 129900
[55] => 135000
[56] => 143500
[57] => 139450
[58] => 137500
[59] => 131750
[60] => 134900
[61] => 135000
[62] => 139950
[63] => 140000
[64] => 152450
[65] => 142900
[66] => 155000
[67] => 159900
[68] => 153900
[69] => 148000
[70] => 152900
[71] => 156900
[72] => 146250
[73] => 137000
[74] => 135000
[75] => 156900
[76] => 162500
[77] => 149900
[78] => 155000
[79] => 164000
[80] => 159900
[81] => 161250
[82] => 159900
[83] => 159700
[84] => 162500
[85] => 159900
[86] => 159900
[87] => 157500
[88] => 159900
[89] => 161250
[90] => 159900
[91] => 155000
[92] => 155000
[93] => 152000
[94] => 145000
[95] => 143000
[96] => 147500
[97] => 139900
[98] => 149450
[99] => 150000
[100] => 153500
[101] => 154900
[102] => 150000
[103] => 152500
[104] => 155000
[105] => 173000
[106] => 161950
[107] => 155000
[108] => 149900
[109] => 142700
[110] => 151500
[111] => 165000
[112] => 169900
[113] => 166700
[114] => 165000
[115] => 165000
[116] => 161000
[117] => 159900
[118] => 159450
[119] => 162000
)
)
Array
(
[county_name] => Hall
[state] => Nebraska
[state_fips] => 31
[county_fips] => 31079
[dma] => 722
[metro_name] => Grand Island, NE
[cbsa_name] => Grand Island, NE
[county_region_id_zillow] => 173
[metro_region_id_zillow] => 394638
[fips] => 31079
[cbsa_code] => 24260
[population_prior] => 61377
[population] => 61607
[rank] => 4
[difference] => 0.374733206
[region_id] => 173
[sale_counts] => "70,68,62,62,66,58,58,54,55,48,50,61,61,60,45,50,53,53,47,45,48,49,56,60,69,62,56,55,50,45,31,26,25,29,39,43,52,43,44,44,46,45,40,38,38,37,42,43,50,53,54,54,59,54,44,34,38,43,52,58,57,53,44,49,55,64,64,57,53,45,50,56,61,55,48,48,60,59,61,53,53,52,53,56,56,55,55,53,52,49,52,51,47,49,53,58,58,58,60,61,58,58,57,50,53,56,71,76,75,69,63,61,58,55,55,57,64,62,72,65,76,65,65,60,61,66,65,69,63,60,66,74,77,63,50,48,57,65,63,55,52,"
[county] => Hall
[flips] => 33
[purchase_price] => 77818
[resale_price] => 120606
[gross_margin] => 42788
[flipcount_rank] => 4
[flipmargin_rank] => 15
[sale_counts_exploded] => Array
(
[0] => 70
[1] => 68
[2] => 62
[3] => 62
[4] => 66
[5] => 58
[6] => 58
[7] => 54
[8] => 55
[9] => 48
[10] => 50
[11] => 61
[12] => 61
[13] => 60
[14] => 45
[15] => 50
[16] => 53
[17] => 53
[18] => 47
[19] => 45
[20] => 48
[21] => 49
[22] => 56
[23] => 60
[24] => 69
[25] => 62
[26] => 56
[27] => 55
[28] => 50
[29] => 45
[30] => 31
[31] => 26
[32] => 25
[33] => 29
[34] => 39
[35] => 43
[36] => 52
[37] => 43
[38] => 44
[39] => 44
[40] => 46
[41] => 45
[42] => 40
[43] => 38
[44] => 38
[45] => 37
[46] => 42
[47] => 43
[48] => 50
[49] => 53
[50] => 54
[51] => 54
[52] => 59
[53] => 54
[54] => 44
[55] => 34
[56] => 38
[57] => 43
[58] => 52
[59] => 58
[60] => 57
[61] => 53
[62] => 44
[63] => 49
[64] => 55
[65] => 64
[66] => 64
[67] => 57
[68] => 53
[69] => 45
[70] => 50
[71] => 56
[72] => 61
[73] => 55
[74] => 48
[75] => 48
[76] => 60
[77] => 59
[78] => 61
[79] => 53
[80] => 53
[81] => 52
[82] => 53
[83] => 56
[84] => 56
[85] => 55
[86] => 55
[87] => 53
[88] => 52
[89] => 49
[90] => 52
[91] => 51
[92] => 47
[93] => 49
[94] => 53
[95] => 58
[96] => 58
[97] => 58
[98] => 60
[99] => 61
[100] => 58
[101] => 58
[102] => 57
[103] => 50
[104] => 53
[105] => 56
[106] => 71
[107] => 76
[108] => 75
[109] => 69
[110] => 63
[111] => 61
[112] => 58
[113] => 55
[114] => 55
[115] => 57
[116] => 64
[117] => 62
[118] => 72
[119] => 65
[120] => 76
[121] => 65
[122] => 65
[123] => 60
[124] => 61
[125] => 66
[126] => 65
[127] => 69
[128] => 63
[129] => 60
[130] => 66
[131] => 74
[132] => 77
[133] => 63
[134] => 50
[135] => 48
[136] => 57
[137] => 65
[138] => 63
[139] => 55
[140] => 52
[141] =>
)
)