House Flipping Report
Neighborhood Data
Madisonville, LA 70447
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 Madisonville, LA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in St. Tammany County , we've been able to rank it against its peer counties within Louisiana. To provide an even fuller picture, we also ranked Louisiana against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Louisiana
#29th in US
#23rd in US
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
$ 310,000
0.04% YoY Change
List Price /sqft
$142
0% from last quarter
Reduced Listings /Month
36
0.8% from last quarter
In order to successfully flip houses, you need the population of the area to be trending northward for either the individual zip code or the county as a whole. As more people come into an area, they will need quality housing to keep up with the influx of people.
Region
Population
Change YoY
Rank
Louisiana
4,659,978
-0.23%
#25th in US
70447
10,150
#55th in LA
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] => 16258
[country] => USA
[zip] => 70447
[city] => Madisonville
[state] => Louisiana
[state_abbr] => LA
[county] => St. Tammany
[dma] => 622
[latitude] => 30.3483
[longitude] => -90.1848
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 70447
[zip_name] => madisonville, la
[flag] =>
[median_listing_price] => 314050
[median_listing_price_mm] => -0.0032
[median_listing_price_yy] => -0.0187
[active_listing_count] => 170
[active_listing_count_mm] => 0.0059
[active_listing_count_yy] => -0.0341
[median_days_on_market] => 81
[median_days_on_market_mm] => 0.0519
[median_days_on_market_yy] => -0.3017
[new_listing_count] => 32
[new_listing_count_mm] => -0.1111
[new_listing_count_yy] => 0.1429
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 36
[price_reduced_count_mm] => 0.8
[price_reduced_count_yy] => 0.125
[pending_listing_count] => 50
[pending_listing_count_mm] => -0.0385
[pending_listing_count_yy] => 0.5625
[median_listing_price_per_square_feet] => 142
[median_listing_price_per_square_feet_mm] => 0.0029
[median_listing_price_per_square_feet_yy] => -0.0177
[median_square_feet] => 2210
[median_square_feet_mm] => 9.00E-04
[median_square_feet_yy] => 0.0018
[average_listing_price] => 378599
[average_listing_price_mm] => 0.0177
[average_listing_price_yy] => 0.0151
[total_listing_count] => 220
[total_listing_count_mm] => -0.0045
[total_listing_count_yy] => 0.2941
[pending_ratio_mm] => -0.0136
[pending_ratio_yy] => 0.1123
[RegionID] => 88600
[RegionName] => 70447
[State] => LA
[Metro] => New Orleans-Metairie
[County] => Saint Tammany Parish
[City] => Madisonville
[SizeRank] => 699
[Zhvi] => 263100
[MoM] => 0.00228571
[QoQ] => -0.00416351
[YoY] => 0.0390995
[5Year] => 0.0231954
[10Year] => 0.0124412
[PeakMonth] => 2019-05
[PeakQuarter] => 2019-Q2
[PeakZHVI] => 264800
[PctFallFromPeak] => -0.00641994
[LastTimeAtCurrZHVI] => 2019-03
[flips] => 2418
[purchase_price] => 94335
[resale_price] => 166956
[gross_margin] => 72621
[flipcount_rank] => 29
[flipmargin_rank] => 23
[counties] => 64
[zip_population] => 10150
[zip_rank] => 155
[state_population] => 4659978
[state_rank] => 25
[state_difference] => -0.23207
[list_prices] => "279950,289000,289000,279950,281000,281000,289000,288900,284950,288000,292500,295000,289900,285000,279000,275000,265000,262500,249250,249250,247000,239900,240700,248500,239900,235618,235000,229000,235800,242450,249900,238250,225000,222000,229950,234300,239990,250000,242900,241900,249900,248950,248950,241900,232450,240950,237500,231450,232900,229200,266700,274300,272300,267000,264400,253700,250000,249949.5,241900,248900,249950,250000,250000,252900,258000,259900,257400,250000,269900,289450,279900,294899.5,278500,298500,315000,309900,341577.5,343500,346215,359950,349000,345075,339900,355000,327200,306000,299700,320000,324000,323430,329000,330000,320450,330000,334450,329900,329900,322450,299900,299900,299950,298950,289950,294950,296900,295000,299400,302000,299999.5,299400,305000,315000,315000,310865,307900,310050,308900,310450,308950,310000"
[list_prices_exploded] => Array
(
[0] => 279950
[1] => 289000
[2] => 289000
[3] => 279950
[4] => 281000
[5] => 281000
[6] => 289000
[7] => 288900
[8] => 284950
[9] => 288000
[10] => 292500
[11] => 295000
[12] => 289900
[13] => 285000
[14] => 279000
[15] => 275000
[16] => 265000
[17] => 262500
[18] => 249250
[19] => 249250
[20] => 247000
[21] => 239900
[22] => 240700
[23] => 248500
[24] => 239900
[25] => 235618
[26] => 235000
[27] => 229000
[28] => 235800
[29] => 242450
[30] => 249900
[31] => 238250
[32] => 225000
[33] => 222000
[34] => 229950
[35] => 234300
[36] => 239990
[37] => 250000
[38] => 242900
[39] => 241900
[40] => 249900
[41] => 248950
[42] => 248950
[43] => 241900
[44] => 232450
[45] => 240950
[46] => 237500
[47] => 231450
[48] => 232900
[49] => 229200
[50] => 266700
[51] => 274300
[52] => 272300
[53] => 267000
[54] => 264400
[55] => 253700
[56] => 250000
[57] => 249949.5
[58] => 241900
[59] => 248900
[60] => 249950
[61] => 250000
[62] => 250000
[63] => 252900
[64] => 258000
[65] => 259900
[66] => 257400
[67] => 250000
[68] => 269900
[69] => 289450
[70] => 279900
[71] => 294899.5
[72] => 278500
[73] => 298500
[74] => 315000
[75] => 309900
[76] => 341577.5
[77] => 343500
[78] => 346215
[79] => 359950
[80] => 349000
[81] => 345075
[82] => 339900
[83] => 355000
[84] => 327200
[85] => 306000
[86] => 299700
[87] => 320000
[88] => 324000
[89] => 323430
[90] => 329000
[91] => 330000
[92] => 320450
[93] => 330000
[94] => 334450
[95] => 329900
[96] => 329900
[97] => 322450
[98] => 299900
[99] => 299900
[100] => 299950
[101] => 298950
[102] => 289950
[103] => 294950
[104] => 296900
[105] => 295000
[106] => 299400
[107] => 302000
[108] => 299999.5
[109] => 299400
[110] => 305000
[111] => 315000
[112] => 315000
[113] => 310865
[114] => 307900
[115] => 310050
[116] => 308900
[117] => 310450
[118] => 308950
[119] => 310000
)
)
Array
(
[sale_counts_exploded] => Array
(
[0] =>
)
)