House Flipping Report
Neighborhood Data
Ada, OK 74820
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 Ada, OK . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Pontotoc 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
Pontotoc County
#26th in OK
#31st 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
$ 142,750
-0.07% YoY Change
List Price /sqft
$83
-0.05% from last quarter
Reduced Listings /Month
12
-0.25% from last quarter
In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Pontotoc County . This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.
Region
Population
Change YoY
Rank
Oklahoma
3,943,079
0.27%
#28th in US
Pontotoc County
38,247
-0.28%
#29th in OK
74820
30,802
#19th 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.
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