House Flipping Report
Neighborhood Data
Newcastle, OK 73065
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 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.
Latest Median Sale Price
$ 207,900
0.06% YoY Change
Latest Monthly Sales Count
33
List Price /sqft
$126
-0.02% from last quarter
Reduced Listings /Month
4
-0.75% from last quarter
Average Home Sqft
$1,901
-0.13% 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 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
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
)
)