House Flipping Report
Neighborhood Data
Grand Island, NE 68803
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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
$ 225,000
0.07% YoY Change
Latest Monthly Sales Count
List Price /sqft
$169
0.03% from last quarter
Reduced Listings /Month
8
-0.33% from last quarter
Average Home Sqft
$1,546
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 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
68803
22,560
#24th 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.
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