House Flipping Report
Neighborhood Data
Oak Grove, LA 71263
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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 Oak Grove, LA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in West Carroll 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
West Carroll County
#43rd in LA
#33rd 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.
Latest Monthly Sales Count
List Price /sqft
$54
0.14% from last quarter
Avg. Days on Market
110
-0.51% from last year
Average Home Sqft
$1,528
-0.21% 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 West Carroll 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
West Carroll County
10,982
0.06%
#57th in LA
71263
8,275
#71st 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.
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