House Flipping Report
Neighborhood Data
Jonesboro, AR 72404
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 Jonesboro, AR . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Craighead 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
Craighead County
#10th in AR
#23rd 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
$ 247,400
0.04% YoY Change
Latest Monthly Sales Count
List Price /sqft
$108
-0.01% from last quarter
Reduced Listings /Month
20
-0.5% from last quarter
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Craighead 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
Craighead County
108,558
1.42%
#7th in AR
72404
23,482
#32nd 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.
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