House Flipping Report
Neighborhood Data
Hot Springs National Park, AR 71901
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 Hot Springs National Park, AR . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Garland County , we've been able to rank it against its peer counties within Arkansas. To provide an even fuller picture, we also ranked Arkansas against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Arkansas
#27th in US
#39th in US
Garland County
#5th in AR
#18th in AR
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
$ 254,900
0.07% YoY Change
Latest Monthly Sales Count
148
List Price /sqft
$106
0.03% from last quarter
Reduced Listings /Month
24
-0.4% from last quarter
Average Home Sqft
$2,301
0.19% 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 Garland County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Arkansas
3,013,825
0.36%
#33rd in US
Garland County
99,154
0.72%
#8th in AR
71901
29,491
#23rd in AR
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] => 1379
[country] => USA
[zip] => 71901
[city] => Hot Springs National Park
[state] => Arkansas
[state_abbr] => AR
[county] => Garland
[dma] => 693
[latitude] => 34.5332
[longitude] => -92.9751
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 71901
[zip_name] => hot springs national park, ar
[flag] =>
[median_listing_price] => 254950
[median_listing_price_mm] => -0.0196
[median_listing_price_yy] => 0.2751
[active_listing_count] => 252
[active_listing_count_mm] => -0.0382
[active_listing_count_yy] => 0.0202
[median_days_on_market] => 90
[median_days_on_market_mm] => 0.2
[median_days_on_market_yy] => -0.0323
[new_listing_count] => 48
[new_listing_count_mm] => 0.0909
[new_listing_count_yy] => 0.3333
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] => -1
[price_reduced_count] => 24
[price_reduced_count_mm] => -0.4
[price_reduced_count_yy] => -0.3333
[pending_listing_count] => 12
[pending_listing_count_mm] => 0.3333
[pending_listing_count_yy] => 0.0909
[median_listing_price_per_square_feet] => 106
[median_listing_price_per_square_feet_mm] => 0.0302
[median_listing_price_per_square_feet_yy] => 0.1705
[median_square_feet] => 2301
[median_square_feet_mm] => -0.0246
[median_square_feet_yy] => 0.1891
[average_listing_price] => 289481
[average_listing_price_mm] => -0.0374
[average_listing_price_yy] => 0.0867
[total_listing_count] => 264
[total_listing_count_mm] => -0.0258
[total_listing_count_yy] => 0.0476
[pending_ratio_mm] => 0.0133
[pending_ratio_yy] => 0.0031
[RegionID] => 89244
[RegionName] => 71901
[State] => AR
[Metro] => Hot Springs
[County] => Garland County
[City] => Hot Springs
[SizeRank] => 269
[Zhvi] => 134900
[MoM] => 0.00897532
[QoQ] => 0.0235205
[YoY] => 0.0731901
[5Year] => 0.0509916
[10Year] => 0.0155596
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 134900
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 2847
[purchase_price] => 87704
[resale_price] => 140625
[gross_margin] => 52921
[flipcount_rank] => 27
[flipmargin_rank] => 39
[counties] => 75
[zip_population] => 29491
[zip_rank] => 23
[state_population] => 3013825
[state_rank] => 33
[state_difference] => 0.360573
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,181950,169900,165000,165000,162450,165000,164900,154900,166823,172450,178950,179900,189900,209750,206000,199900,192000,185000,192450,205000,216500,219250,197500,197500,199900,219250,220000,219500,225000,229900,229900,224900,220500,217000,209700,219000,204950,192000,192000,187000,197500,190000,192250,209950,226768,230950,220000,227200,240000,249450,254900"
[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] => 181950
[70] => 169900
[71] => 165000
[72] => 165000
[73] => 162450
[74] => 165000
[75] => 164900
[76] => 154900
[77] => 166823
[78] => 172450
[79] => 178950
[80] => 179900
[81] => 189900
[82] => 209750
[83] => 206000
[84] => 199900
[85] => 192000
[86] => 185000
[87] => 192450
[88] => 205000
[89] => 216500
[90] => 219250
[91] => 197500
[92] => 197500
[93] => 199900
[94] => 219250
[95] => 220000
[96] => 219500
[97] => 225000
[98] => 229900
[99] => 229900
[100] => 224900
[101] => 220500
[102] => 217000
[103] => 209700
[104] => 219000
[105] => 204950
[106] => 192000
[107] => 192000
[108] => 187000
[109] => 197500
[110] => 190000
[111] => 192250
[112] => 209950
[113] => 226768
[114] => 230950
[115] => 220000
[116] => 227200
[117] => 240000
[118] => 249450
[119] => 254900
)
)
Array
(
[county_name] => Garland
[state] => Arkansas
[state_fips] => 5
[county_fips] => 5051
[dma] => 693
[metro_name] => Hot Springs, AR
[cbsa_name] => Hot Springs, AR
[county_region_id_zillow] => 1718
[metro_region_id_zillow] => 394689
[fips] => 5051
[cbsa_code] => 26300
[population_prior] => 98444
[population] => 99154
[rank] => 8
[difference] => 0.721222218
[region_id] => 1718
[sale_counts] => "140,135,142,147,143,137,138,131,112,94,85,99,111,125,117,106,94,86,85,90,104,105,104,108,108,111,108,112,109,102,102,104,110,125,130,124,105,102,107,106,111,102,107,99,108,101,106,108,105,97,91,95,93,92,91,101,112,114,116,118,122,123,123,122,122,132,140,138,122,118,123,127,130,130,134,139,144,130,138,142,140,124,110,124,125,129,134,136,144,139,143,148,159,177,179,189,185,185,166,155,148,168,174,169,152,158,181,189,188,174,177,183,184,180,167,180,195,196,202,200,203,198,191,198,199,198,189,178,186,183,195,190,202,212,209,195,168,160,149,150,142,148"
[county] => Garland
[flips] => 170
[purchase_price] => 94550
[resale_price] => 150441
[gross_margin] => 55891
[flipcount_rank] => 5
[flipmargin_rank] => 18
[sale_counts_exploded] => Array
(
[0] => 140
[1] => 135
[2] => 142
[3] => 147
[4] => 143
[5] => 137
[6] => 138
[7] => 131
[8] => 112
[9] => 94
[10] => 85
[11] => 99
[12] => 111
[13] => 125
[14] => 117
[15] => 106
[16] => 94
[17] => 86
[18] => 85
[19] => 90
[20] => 104
[21] => 105
[22] => 104
[23] => 108
[24] => 108
[25] => 111
[26] => 108
[27] => 112
[28] => 109
[29] => 102
[30] => 102
[31] => 104
[32] => 110
[33] => 125
[34] => 130
[35] => 124
[36] => 105
[37] => 102
[38] => 107
[39] => 106
[40] => 111
[41] => 102
[42] => 107
[43] => 99
[44] => 108
[45] => 101
[46] => 106
[47] => 108
[48] => 105
[49] => 97
[50] => 91
[51] => 95
[52] => 93
[53] => 92
[54] => 91
[55] => 101
[56] => 112
[57] => 114
[58] => 116
[59] => 118
[60] => 122
[61] => 123
[62] => 123
[63] => 122
[64] => 122
[65] => 132
[66] => 140
[67] => 138
[68] => 122
[69] => 118
[70] => 123
[71] => 127
[72] => 130
[73] => 130
[74] => 134
[75] => 139
[76] => 144
[77] => 130
[78] => 138
[79] => 142
[80] => 140
[81] => 124
[82] => 110
[83] => 124
[84] => 125
[85] => 129
[86] => 134
[87] => 136
[88] => 144
[89] => 139
[90] => 143
[91] => 148
[92] => 159
[93] => 177
[94] => 179
[95] => 189
[96] => 185
[97] => 185
[98] => 166
[99] => 155
[100] => 148
[101] => 168
[102] => 174
[103] => 169
[104] => 152
[105] => 158
[106] => 181
[107] => 189
[108] => 188
[109] => 174
[110] => 177
[111] => 183
[112] => 184
[113] => 180
[114] => 167
[115] => 180
[116] => 195
[117] => 196
[118] => 202
[119] => 200
[120] => 203
[121] => 198
[122] => 191
[123] => 198
[124] => 199
[125] => 198
[126] => 189
[127] => 178
[128] => 186
[129] => 183
[130] => 195
[131] => 190
[132] => 202
[133] => 212
[134] => 209
[135] => 195
[136] => 168
[137] => 160
[138] => 149
[139] => 150
[140] => 142
[141] => 148
)
)