Jennings, LA 70546

Flip Market Report

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 Jennings, LA. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Jefferson Davis 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
Jefferson Davis County #25th in LA
#18th in LA

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.

70546 Historical Monthly Listing Prices

Latest Median Sale Price

$ 129,900

0.1% YoY Change
Jefferson Davis Historical Monthly Home Sales

Latest Monthly Sales Count

List Price /sqft

$90

0% from last quarter

Reduced Listings /Month

4

-0.67% from last quarter

Avg. Days on Market

103

0.51% from last year

Average Home Sqft

$1,787

-0.11% from last year

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Jefferson Davis County. This is a good sign that flipping a house here will be successful.

Region Population Change YoY Rank
Louisiana 4,659,978 -0.23% #25th in US
Jefferson Davis County 31,582 0.29% #34th in LA
70546 16,425 #6th in LA
Home Searches

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] => 15952
    [country] => USA
    [zip] => 70546
    [city] => Jennings
    [state] => Louisiana
    [state_abbr] => LA
    [county] => Jefferson Davis
    [dma] => 642
    [latitude] => 30.2407
    [longitude] => -92.6721
    [timezone] => -6
    [timezone_dst] => 1
    [dttm] => 2019-09-30
    [postal_code] => 70546
    [zip_name] => jennings, la
    [flag] => *
    [median_listing_price] => 139800
    [median_listing_price_mm] => -0.0652
    [median_listing_price_yy] => 0.0758
    [active_listing_count] => 55
    [active_listing_count_mm] => -0.0351
    [active_listing_count_yy] => 
    [median_days_on_market] => 102.5
    [median_days_on_market_mm] => 0.1919
    [median_days_on_market_yy] => 0.5074
    [new_listing_count] => 8
    [new_listing_count_mm] => 0
    [new_listing_count_yy] => 1
    [price_increased_count] => 0
    [price_increased_count_mm] => 
    [price_increased_count_yy] => 
    [price_reduced_count] => 4
    [price_reduced_count_mm] => -0.6667
    [price_reduced_count_yy] => -0.5
    [pending_listing_count] => 14
    [pending_listing_count_mm] => 2.5
    [pending_listing_count_yy] => 3.6667
    [median_listing_price_per_square_feet] => 90
    [median_listing_price_per_square_feet_mm] => 0.0044
    [median_listing_price_per_square_feet_yy] => 0.577
    [median_square_feet] => 1787
    [median_square_feet_mm] => -0.0719
    [median_square_feet_yy] => -0.1068
    [average_listing_price] => 163414
    [average_listing_price_mm] => -0.2212
    [average_listing_price_yy] => 0.0371
    [total_listing_count] => 69
    [total_listing_count_mm] => 0.1311
    [total_listing_count_yy] => 0.2545
    [pending_ratio_mm] => 0.1844
    [pending_ratio_yy] => 0.1957
    [RegionID] => 88665
    [RegionName] => 70546
    [State] => LA
    [Metro] => Jennings
    [County] => Jefferson Davis Parish
    [City] => Jennings
    [SizeRank] => 647
    [Zhvi] => 82500
    [MoM] => 0.0110294
    [QoQ] => 0.0482846
    [YoY] => 0.102941
    [5Year] => 0.0462744
    [10Year] => 0.0241276
    [PeakMonth] => 2019-09
    [PeakQuarter] => 2019-Q3
    [PeakZHVI] => 82500
    [PctFallFromPeak] => 0
    [LastTimeAtCurrZHVI] => 2019-09
    [flips] => 2418
    [purchase_price] => 94335
    [resale_price] => 166956
    [gross_margin] => 72621
    [flipcount_rank] => 29
    [flipmargin_rank] => 23
    [counties] => 64
    [zip_population] => 16425
    [zip_rank] => 106
    [state_population] => 4659978
    [state_rank] => 25
    [state_difference] => -0.23207
    [list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,161000,140250,132000,124750,117150,128750,128500,129500,138000,129500,138000,138000,137200,130000,130000,129900"
    [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] => 
            [32] => 
            [33] => 
            [34] => 
            [35] => 
            [36] => 
            [37] => 
            [38] => 
            [39] => 
            [40] => 
            [41] => 
            [42] => 
            [43] => 
            [44] => 
            [45] => 
            [46] => 
            [47] => 
            [48] => 
            [49] => 
            [50] => 
            [51] => 
            [52] => 
            [53] => 
            [54] => 
            [55] => 
            [56] => 
            [57] => 
            [58] => 
            [59] => 
            [60] => 
            [61] => 
            [62] => 
            [63] => 
            [64] => 
            [65] => 
            [66] => 
            [67] => 
            [68] => 
            [69] => 
            [70] => 
            [71] => 
            [72] => 
            [73] => 
            [74] => 
            [75] => 
            [76] => 
            [77] => 
            [78] => 
            [79] => 
            [80] => 
            [81] => 
            [82] => 
            [83] => 
            [84] => 
            [85] => 
            [86] => 
            [87] => 
            [88] => 
            [89] => 
            [90] => 
            [91] => 
            [92] => 
            [93] => 
            [94] => 
            [95] => 
            [96] => 
            [97] => 
            [98] => 
            [99] => 
            [100] => 
            [101] => 
            [102] => 
            [103] => 
            [104] => 161000
            [105] => 140250
            [106] => 132000
            [107] => 124750
            [108] => 117150
            [109] => 128750
            [110] => 128500
            [111] => 129500
            [112] => 138000
            [113] => 129500
            [114] => 138000
            [115] => 138000
            [116] => 137200
            [117] => 130000
            [118] => 130000
            [119] => 129900
        )

)
Array
(
    [county_name] => Jefferson Davis
    [state] => Louisiana
    [state_fips] => 22
    [county_fips] => 22053
    [dma] => 642
    [metro_name] => 
    [cbsa_name] => 
    [county_region_id_zillow] => 3255
    [metro_region_id_zillow] => 
    [fips] => 22053
    [cbsa_code] => 
    [population_prior] => 31491
    [population] => 31582
    [rank] => 34
    [difference] => 0.288971452
    [region_id] => 3255
    [sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,24,25,23,23,21,22,23,24,22,21,21,22,25,26,23,22,21,26,30,33,32,25,26,26,27,19,"
    [county] => Jefferson Davis
    [flips] => 5
    [purchase_price] => 50000
    [resale_price] => 100875
    [gross_margin] => 50875
    [flipcount_rank] => 25
    [flipmargin_rank] => 18
    [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] => 
            [28] => 
            [29] => 
            [30] => 
            [31] => 
            [32] => 
            [33] => 
            [34] => 
            [35] => 
            [36] => 
            [37] => 
            [38] => 
            [39] => 
            [40] => 
            [41] => 
            [42] => 
            [43] => 
            [44] => 
            [45] => 
            [46] => 
            [47] => 
            [48] => 
            [49] => 
            [50] => 
            [51] => 
            [52] => 
            [53] => 
            [54] => 
            [55] => 
            [56] => 
            [57] => 
            [58] => 
            [59] => 
            [60] => 
            [61] => 
            [62] => 
            [63] => 
            [64] => 
            [65] => 
            [66] => 
            [67] => 
            [68] => 
            [69] => 
            [70] => 
            [71] => 
            [72] => 
            [73] => 
            [74] => 
            [75] => 
            [76] => 
            [77] => 
            [78] => 
            [79] => 
            [80] => 
            [81] => 
            [82] => 
            [83] => 
            [84] => 
            [85] => 
            [86] => 
            [87] => 
            [88] => 
            [89] => 
            [90] => 
            [91] => 
            [92] => 
            [93] => 
            [94] => 
            [95] => 
            [96] => 
            [97] => 
            [98] => 
            [99] => 
            [100] => 
            [101] => 
            [102] => 
            [103] => 
            [104] => 
            [105] => 
            [106] => 
            [107] => 
            [108] => 
            [109] => 
            [110] => 
            [111] => 
            [112] => 
            [113] => 
            [114] => 
            [115] => 24
            [116] => 25
            [117] => 23
            [118] => 23
            [119] => 21
            [120] => 22
            [121] => 23
            [122] => 24
            [123] => 22
            [124] => 21
            [125] => 21
            [126] => 22
            [127] => 25
            [128] => 26
            [129] => 23
            [130] => 22
            [131] => 21
            [132] => 26
            [133] => 30
            [134] => 33
            [135] => 32
            [136] => 25
            [137] => 26
            [138] => 26
            [139] => 27
            [140] => 19
            [141] => 
        )

)

Flip Market uses data engineering + AI to help businesses and individuals successfully flip homes.

© 2024 Flip Market  •  Our Methodology  •  Contact  •  Privacy Policy