House Flipping Report
Neighborhood Data
Norman, OK 73069
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 Norman, OK . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Cleveland 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
Cleveland County
#4th in OK
#8th 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
$ 264,800
0.03% YoY Change
Latest Monthly Sales Count
580
List Price /sqft
$132
0.04% from last quarter
Reduced Listings /Month
12
-0.25% from last quarter
Average Home Sqft
$2,150
0.09% 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 Cleveland 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
Cleveland County
281,669
0.62%
#3rd in OK
73069
23,912
#40th 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] => 30629
[country] => USA
[zip] => 73069
[city] => Norman
[state] => Oklahoma
[state_abbr] => OK
[county] => Cleveland
[dma] => 650
[latitude] => 35.2488
[longitude] => -97.4596
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 73069
[zip_name] => norman, ok
[flag] =>
[median_listing_price] => 268300
[median_listing_price_mm] => 0.0548
[median_listing_price_yy] => 0.1419
[active_listing_count] => 81
[active_listing_count_mm] => -0.0899
[active_listing_count_yy] => -0.0795
[median_days_on_market] => 65.5
[median_days_on_market_mm] => -0.0224
[median_days_on_market_yy] => -0.2471
[new_listing_count] => 16
[new_listing_count_mm] => -0.2
[new_listing_count_yy] => 0.3333
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.25
[price_reduced_count_yy] => -0.4
[pending_listing_count] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 132
[median_listing_price_per_square_feet_mm] => 0.0444
[median_listing_price_per_square_feet_yy] => 0.0858
[median_square_feet] => 2150
[median_square_feet_mm] => 0.047
[median_square_feet_yy] => 0.0933
[average_listing_price] => 308838
[average_listing_price_mm] => 0.0249
[average_listing_price_yy] => 0.0721
[total_listing_count] => 81
[total_listing_count_mm] => -0.0899
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => 0
[RegionID] => 89900
[RegionName] => 73069
[State] => OK
[Metro] => Oklahoma City
[County] => Cleveland County
[City] => Norman
[SizeRank] => 359
[Zhvi] => 145000
[MoM] => 0.00138122
[QoQ] => 0.00694444
[YoY] => 0.0320285
[5Year] => 0.0489152
[10Year] => 0.0227417
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 145000
[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] => 23912
[zip_rank] => 40
[state_population] => 3943079
[state_rank] => 28
[state_difference] => 0.265445
[list_prices] => "148541,147720.5,153916.5,149546.5,152500,149900,147488,149900,147876,145315,149135,149875,148950,142621.5,144103,144500,141275,132587.5,134118,138139.5,148500,148064,148064,142675,145000,145000,142650,141684.5,142111,139950,135123,143961,144600,145276.5,147739,147739,146010.5,151297,152869,159945,163070.5,156942,155590,156000,157000,158250,156000,157186,162282,157499.5,157499.5,160772,161900,169500,167931.5,168481.5,166700,160772,165000,170000,165000,162579,167900,170797.5,175398,171817,173570.5,176000,178900,173200,178180,184118,183114,179000,179800,175538,175289,178181,179900,184900,187675,184900,189900,194570,206451,206668,207796,199700,2.00E+05,195633.5,189900,189887.5,198500,199900,209000,216135,222714,229669.5,239900,235997,236747,238000,264052,266526,250000,254856.5,258650,266526,267900,254884,250000,240000,233717.5,237468.5,239900,242450,254501.5,252488,254768,264800"
[list_prices_exploded] => Array
(
[0] => 148541
[1] => 147720.5
[2] => 153916.5
[3] => 149546.5
[4] => 152500
[5] => 149900
[6] => 147488
[7] => 149900
[8] => 147876
[9] => 145315
[10] => 149135
[11] => 149875
[12] => 148950
[13] => 142621.5
[14] => 144103
[15] => 144500
[16] => 141275
[17] => 132587.5
[18] => 134118
[19] => 138139.5
[20] => 148500
[21] => 148064
[22] => 148064
[23] => 142675
[24] => 145000
[25] => 145000
[26] => 142650
[27] => 141684.5
[28] => 142111
[29] => 139950
[30] => 135123
[31] => 143961
[32] => 144600
[33] => 145276.5
[34] => 147739
[35] => 147739
[36] => 146010.5
[37] => 151297
[38] => 152869
[39] => 159945
[40] => 163070.5
[41] => 156942
[42] => 155590
[43] => 156000
[44] => 157000
[45] => 158250
[46] => 156000
[47] => 157186
[48] => 162282
[49] => 157499.5
[50] => 157499.5
[51] => 160772
[52] => 161900
[53] => 169500
[54] => 167931.5
[55] => 168481.5
[56] => 166700
[57] => 160772
[58] => 165000
[59] => 170000
[60] => 165000
[61] => 162579
[62] => 167900
[63] => 170797.5
[64] => 175398
[65] => 171817
[66] => 173570.5
[67] => 176000
[68] => 178900
[69] => 173200
[70] => 178180
[71] => 184118
[72] => 183114
[73] => 179000
[74] => 179800
[75] => 175538
[76] => 175289
[77] => 178181
[78] => 179900
[79] => 184900
[80] => 187675
[81] => 184900
[82] => 189900
[83] => 194570
[84] => 206451
[85] => 206668
[86] => 207796
[87] => 199700
[88] => 2.00E+05
[89] => 195633.5
[90] => 189900
[91] => 189887.5
[92] => 198500
[93] => 199900
[94] => 209000
[95] => 216135
[96] => 222714
[97] => 229669.5
[98] => 239900
[99] => 235997
[100] => 236747
[101] => 238000
[102] => 264052
[103] => 266526
[104] => 250000
[105] => 254856.5
[106] => 258650
[107] => 266526
[108] => 267900
[109] => 254884
[110] => 250000
[111] => 240000
[112] => 233717.5
[113] => 237468.5
[114] => 239900
[115] => 242450
[116] => 254501.5
[117] => 252488
[118] => 254768
[119] => 264800
)
)
Array
(
[county_name] => Cleveland
[state] => Oklahoma
[state_fips] => 40
[county_fips] => 40027
[dma] => 650
[metro_name] => Oklahoma City, OK
[cbsa_name] => Oklahoma City, OK
[county_region_id_zillow] => 2668
[metro_region_id_zillow] => 394935
[fips] => 40027
[cbsa_code] => 36420
[population_prior] => 279928
[population] => 281669
[rank] => 3
[difference] => 0.621945643
[region_id] => 2668
[sale_counts] => "286,315,321,357,376,377,378,361,321,290,245,273,286,311,304,322,345,357,359,352,384,350,296,237,237,279,309,332,289,235,199,219,249,268,268,273,268,274,269,264,280,290,296,285,273,287,295,339,322,323,294,320,334,320,330,339,369,348,344,338,343,352,343,345,388,432,465,438,417,395,375,375,375,383,401,418,419,404,396,404,407,424,428,429,403,377,363,367,389,397,432,413,406,377,406,430,428,420,424,437,420,396,389,392,399,396,404,418,444,445,479,460,472,443,435,422,424,416,431,445,482,483,472,470,487,509,522,541,548,519,519,534,551,534,515,507,515,497,525,565,577,580"
[county] => Cleveland
[flips] => 332
[purchase_price] => 88349
[resale_price] => 170437
[gross_margin] => 82087
[flipcount_rank] => 4
[flipmargin_rank] => 8
[sale_counts_exploded] => Array
(
[0] => 286
[1] => 315
[2] => 321
[3] => 357
[4] => 376
[5] => 377
[6] => 378
[7] => 361
[8] => 321
[9] => 290
[10] => 245
[11] => 273
[12] => 286
[13] => 311
[14] => 304
[15] => 322
[16] => 345
[17] => 357
[18] => 359
[19] => 352
[20] => 384
[21] => 350
[22] => 296
[23] => 237
[24] => 237
[25] => 279
[26] => 309
[27] => 332
[28] => 289
[29] => 235
[30] => 199
[31] => 219
[32] => 249
[33] => 268
[34] => 268
[35] => 273
[36] => 268
[37] => 274
[38] => 269
[39] => 264
[40] => 280
[41] => 290
[42] => 296
[43] => 285
[44] => 273
[45] => 287
[46] => 295
[47] => 339
[48] => 322
[49] => 323
[50] => 294
[51] => 320
[52] => 334
[53] => 320
[54] => 330
[55] => 339
[56] => 369
[57] => 348
[58] => 344
[59] => 338
[60] => 343
[61] => 352
[62] => 343
[63] => 345
[64] => 388
[65] => 432
[66] => 465
[67] => 438
[68] => 417
[69] => 395
[70] => 375
[71] => 375
[72] => 375
[73] => 383
[74] => 401
[75] => 418
[76] => 419
[77] => 404
[78] => 396
[79] => 404
[80] => 407
[81] => 424
[82] => 428
[83] => 429
[84] => 403
[85] => 377
[86] => 363
[87] => 367
[88] => 389
[89] => 397
[90] => 432
[91] => 413
[92] => 406
[93] => 377
[94] => 406
[95] => 430
[96] => 428
[97] => 420
[98] => 424
[99] => 437
[100] => 420
[101] => 396
[102] => 389
[103] => 392
[104] => 399
[105] => 396
[106] => 404
[107] => 418
[108] => 444
[109] => 445
[110] => 479
[111] => 460
[112] => 472
[113] => 443
[114] => 435
[115] => 422
[116] => 424
[117] => 416
[118] => 431
[119] => 445
[120] => 482
[121] => 483
[122] => 472
[123] => 470
[124] => 487
[125] => 509
[126] => 522
[127] => 541
[128] => 548
[129] => 519
[130] => 519
[131] => 534
[132] => 551
[133] => 534
[134] => 515
[135] => 507
[136] => 515
[137] => 497
[138] => 525
[139] => 565
[140] => 577
[141] => 580
)
)