Newcastle, OK 73065

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 Newcastle, OK. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in McClain County, we've been able to rank it against its peer counties within Oklahoma. To provide an even fuller picture, we also ranked Oklahoma against all other US states.

Region Rank in # of Flips Rank in Flip Profit
Oklahoma #23rd in US
#17th in US
McClain County #8th in OK
#1st in OK

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.

73065 Historical Monthly Listing Prices

Latest Median Sale Price

$ 207,900

0.06% YoY Change
McClain Historical Monthly Home Sales

Latest Monthly Sales Count

33

List Price /sqft

$126

-0.02% from last quarter

Reduced Listings /Month

4

-0.75% from last quarter

Avg. Days on Market

53

-0.34% from last year

Average Home Sqft

$1,901

-0.13% 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 McClain County. This is a good sign that flipping a house here will be successful.

Region Population Change YoY Rank
Oklahoma 3,943,079 0.27% #28th in US
McClain County 39,985 1.66% #27th in OK
73065 6,546 #59th in OK
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] => 30873
    [country] => USA
    [zip] => 73065
    [city] => Newcastle
    [state] => Oklahoma
    [state_abbr] => OK
    [county] => McClain
    [dma] => 650
    [latitude] => 35.2588
    [longitude] => -97.6011
    [timezone] => -6
    [timezone_dst] => 1
    [dttm] => 2019-09-30
    [postal_code] => 73065
    [zip_name] => newcastle, ok
    [flag] => 
    [median_listing_price] => 240500
    [median_listing_price_mm] => -0.0182
    [median_listing_price_yy] => -0.0401
    [active_listing_count] => 85
    [active_listing_count_mm] => -0.0449
    [active_listing_count_yy] => 0.2319
    [median_days_on_market] => 53
    [median_days_on_market_mm] => 0.0192
    [median_days_on_market_yy] => -0.3375
    [new_listing_count] => 28
    [new_listing_count_mm] => 1.3333
    [new_listing_count_yy] => 0.1667
    [price_increased_count] => 8
    [price_increased_count_mm] => 
    [price_increased_count_yy] => 
    [price_reduced_count] => 4
    [price_reduced_count_mm] => -0.75
    [price_reduced_count_yy] => -0.6667
    [pending_listing_count] => 0
    [pending_listing_count_mm] => 
    [pending_listing_count_yy] => 
    [median_listing_price_per_square_feet] => 126
    [median_listing_price_per_square_feet_mm] => -0.0165
    [median_listing_price_per_square_feet_yy] => 0.0639
    [median_square_feet] => 1901
    [median_square_feet_mm] => -0.0375
    [median_square_feet_yy] => -0.1347
    [average_listing_price] => 282928
    [average_listing_price_mm] => -0.0045
    [average_listing_price_yy] => -0.0698
    [total_listing_count] => 85
    [total_listing_count_mm] => -0.0449
    [total_listing_count_yy] => 0
    [pending_ratio_mm] => 0
    [pending_ratio_yy] => 0
    [RegionID] => 89896
    [RegionName] => 73065
    [State] => OK
    [Metro] => Oklahoma City
    [County] => McClain County
    [City] => Newcastle
    [SizeRank] => 901
    [Zhvi] => 190600
    [MoM] => 0.00105042
    [QoQ] => 0.0111406
    [YoY] => 0.055371
    [5Year] => 0.0490745
    [10Year] => 0.0284331
    [PeakMonth] => 2019-09
    [PeakQuarter] => 2019-Q3
    [PeakZHVI] => 190600
    [PctFallFromPeak] => 0
    [LastTimeAtCurrZHVI] => 2019-09
    [flips] => 3723
    [purchase_price] => 72028
    [resale_price] => 154490
    [gross_margin] => 82461
    [flipcount_rank] => 23
    [flipmargin_rank] => 17
    [counties] => 77
    [zip_population] => 6546
    [zip_rank] => 159
    [state_population] => 3943079
    [state_rank] => 28
    [state_difference] => 0.265445
    [list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,201393.5,194699,197000,191913,188988,183246.5,188399,194699,199900,199900,199900,208715,203900,202400,203900,207900"
    [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] => 201393.5
            [105] => 194699
            [106] => 197000
            [107] => 191913
            [108] => 188988
            [109] => 183246.5
            [110] => 188399
            [111] => 194699
            [112] => 199900
            [113] => 199900
            [114] => 199900
            [115] => 208715
            [116] => 203900
            [117] => 202400
            [118] => 203900
            [119] => 207900
        )

)
Array
(
    [county_name] => McClain
    [state] => Oklahoma
    [state_fips] => 40
    [county_fips] => 40087
    [dma] => 650
    [metro_name] => Oklahoma City, OK
    [cbsa_name] => Oklahoma City, OK
    [county_region_id_zillow] => 1921
    [metro_region_id_zillow] => 394935
    [fips] => 40087
    [cbsa_code] => 36420
    [population_prior] => 39334
    [population] => 39985
    [rank] => 27
    [difference] => 1.655056694
    [region_id] => 1921
    [sale_counts] => "48,47,37,31,27,26,23,24,27,30,28,36,37,38,28,27,28,26,26,27,36,38,34,37,33,37,27,31,30,29,26,23,24,26,29,38,37,35,28,29,25,25,25,28,32,36,37,35,31,33,37,34,34,31,29,29,25,31,37,47,45,41,33,32,34,35,36,32,25,20,15,20,21,24,22,23,22,23,22,24,24,30,31,37,34,35,32,35,39,38,39,36,33,31,30,34,35,37,35,30,32,36,38,39,39,40,40,48,49,49,41,44,41,42,39,39,40,41,49,51,50,45,44,43,42,37,38,41,44,46,54,62,62,55,49,47,43,43,48,47,43,33"
    [county] => McClain
    [flips] => 47
    [purchase_price] => 39100
    [resale_price] => 250500
    [gross_margin] => 211400
    [flipcount_rank] => 8
    [flipmargin_rank] => 1
    [sale_counts_exploded] => Array
        (
            [0] => 48
            [1] => 47
            [2] => 37
            [3] => 31
            [4] => 27
            [5] => 26
            [6] => 23
            [7] => 24
            [8] => 27
            [9] => 30
            [10] => 28
            [11] => 36
            [12] => 37
            [13] => 38
            [14] => 28
            [15] => 27
            [16] => 28
            [17] => 26
            [18] => 26
            [19] => 27
            [20] => 36
            [21] => 38
            [22] => 34
            [23] => 37
            [24] => 33
            [25] => 37
            [26] => 27
            [27] => 31
            [28] => 30
            [29] => 29
            [30] => 26
            [31] => 23
            [32] => 24
            [33] => 26
            [34] => 29
            [35] => 38
            [36] => 37
            [37] => 35
            [38] => 28
            [39] => 29
            [40] => 25
            [41] => 25
            [42] => 25
            [43] => 28
            [44] => 32
            [45] => 36
            [46] => 37
            [47] => 35
            [48] => 31
            [49] => 33
            [50] => 37
            [51] => 34
            [52] => 34
            [53] => 31
            [54] => 29
            [55] => 29
            [56] => 25
            [57] => 31
            [58] => 37
            [59] => 47
            [60] => 45
            [61] => 41
            [62] => 33
            [63] => 32
            [64] => 34
            [65] => 35
            [66] => 36
            [67] => 32
            [68] => 25
            [69] => 20
            [70] => 15
            [71] => 20
            [72] => 21
            [73] => 24
            [74] => 22
            [75] => 23
            [76] => 22
            [77] => 23
            [78] => 22
            [79] => 24
            [80] => 24
            [81] => 30
            [82] => 31
            [83] => 37
            [84] => 34
            [85] => 35
            [86] => 32
            [87] => 35
            [88] => 39
            [89] => 38
            [90] => 39
            [91] => 36
            [92] => 33
            [93] => 31
            [94] => 30
            [95] => 34
            [96] => 35
            [97] => 37
            [98] => 35
            [99] => 30
            [100] => 32
            [101] => 36
            [102] => 38
            [103] => 39
            [104] => 39
            [105] => 40
            [106] => 40
            [107] => 48
            [108] => 49
            [109] => 49
            [110] => 41
            [111] => 44
            [112] => 41
            [113] => 42
            [114] => 39
            [115] => 39
            [116] => 40
            [117] => 41
            [118] => 49
            [119] => 51
            [120] => 50
            [121] => 45
            [122] => 44
            [123] => 43
            [124] => 42
            [125] => 37
            [126] => 38
            [127] => 41
            [128] => 44
            [129] => 46
            [130] => 54
            [131] => 62
            [132] => 62
            [133] => 55
            [134] => 49
            [135] => 47
            [136] => 43
            [137] => 43
            [138] => 48
            [139] => 47
            [140] => 43
            [141] => 33
        )

)

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

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