House Flipping Report
Neighborhood Data
Grand Prairie, TX 75054
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 Grand Prairie, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Dallas County , we've been able to rank it against its peer counties within Texas. To provide an even fuller picture, we also ranked Texas against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Texas
#3rd in US
#49th in US
Dallas County
#2nd in TX
#48th in TX
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
$ 347,700
even YoY Change
Latest Monthly Sales Count
List Price /sqft
$119
0.01% from last quarter
Reduced Listings /Month
12
-0.4% from last quarter
Average Home Sqft
$3,183
-0.03% 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 Dallas County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Texas
28,701,845
1.34%
#2nd in US
Dallas County
2,637,772
0.57%
#2nd in TX
75054
5,053
#85th in TX
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] => 36478
[country] => USA
[zip] => 75054
[city] => Grand Prairie
[state] => Texas
[state_abbr] => TX
[county] => Dallas
[dma] => 623
[latitude] => 32.5952
[longitude] => -97.0474
[timezone] => -6
[timezone_dst] => 1
[dttm] =>
[postal_code] => 75054
[zip_name] => grand prairie, tx
[flag] =>
[median_listing_price] => 367532
[median_listing_price_mm] => -0.0067
[median_listing_price_yy] => -0.0317
[active_listing_count] => 51
[active_listing_count_mm] => -0.1356
[active_listing_count_yy] => -0.2917
[median_days_on_market] => 58
[median_days_on_market_mm] => 0.1373
[median_days_on_market_yy] => 0.2083
[new_listing_count] => 12
[new_listing_count_mm] => -0.4
[new_listing_count_yy] => -0.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.4
[price_reduced_count_yy] => 0
[pending_listing_count] => 28
[pending_listing_count_mm] => -0.0667
[pending_listing_count_yy] => 0.037
[median_listing_price_per_square_feet] => 119
[median_listing_price_per_square_feet_mm] => 0.0089
[median_listing_price_per_square_feet_yy] => -0.0411
[median_square_feet] => 3183
[median_square_feet_mm] => -0.0014
[median_square_feet_yy] => -0.0265
[average_listing_price] => 381460
[average_listing_price_mm] => -0.0109
[average_listing_price_yy] => -0.0104
[total_listing_count] => 79
[total_listing_count_mm] => -0.1124
[total_listing_count_yy] => 0.549
[pending_ratio_mm] => 0.0405
[pending_ratio_yy] => 0.174
[RegionID] =>
[RegionName] =>
[State] =>
[Metro] =>
[County] =>
[City] =>
[SizeRank] =>
[Zhvi] =>
[MoM] =>
[QoQ] =>
[YoY] =>
[5Year] =>
[10Year] =>
[PeakMonth] =>
[PeakQuarter] =>
[PeakZHVI] =>
[PctFallFromPeak] =>
[LastTimeAtCurrZHVI] =>
[flips] => 19102
[purchase_price] => 179358
[resale_price] => 214954
[gross_margin] => 35596
[flipcount_rank] => 3
[flipmargin_rank] => 49
[counties] => 254
[zip_population] => 5053
[zip_rank] => 985
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => "247000,239945,234500,245631,235000,239250,249900,250000,244925,242780,239970,244445,245990,244900,245945,248464,247758,247468,247990,240900,241900,242801,255900,249450,250000,249000,247990,242878,240000,239900,249900,243495,247990,245000,245995,249499.5,252945,251495,257990,268678,274490,268445,275000,280445,283490,278370,280370,279995,277000,264900,267206,274838.5,279750,276667,283438,273890,274843.5,284443.5,283886,299990,286990,295990,297745,294900,3.00E+05,294445,297990,299900,318956,321995,330990,335200,328771,342963,327543.5,346034,337700,312156,310000,310000,318057.5,314900,310033,312532,332500,335000,330507.5,327420,335000,349311,339345,340000,340000,337922.5,329500,335000,323882,340000,367450,369900,379000,364999,375000,334310.5,334568.5,330423,350000,361616.5,376990,378500,377249,379900,379990,385000,390000,387000,389000,375000,354000,347700"
[list_prices_exploded] => Array
(
[0] => 247000
[1] => 239945
[2] => 234500
[3] => 245631
[4] => 235000
[5] => 239250
[6] => 249900
[7] => 250000
[8] => 244925
[9] => 242780
[10] => 239970
[11] => 244445
[12] => 245990
[13] => 244900
[14] => 245945
[15] => 248464
[16] => 247758
[17] => 247468
[18] => 247990
[19] => 240900
[20] => 241900
[21] => 242801
[22] => 255900
[23] => 249450
[24] => 250000
[25] => 249000
[26] => 247990
[27] => 242878
[28] => 240000
[29] => 239900
[30] => 249900
[31] => 243495
[32] => 247990
[33] => 245000
[34] => 245995
[35] => 249499.5
[36] => 252945
[37] => 251495
[38] => 257990
[39] => 268678
[40] => 274490
[41] => 268445
[42] => 275000
[43] => 280445
[44] => 283490
[45] => 278370
[46] => 280370
[47] => 279995
[48] => 277000
[49] => 264900
[50] => 267206
[51] => 274838.5
[52] => 279750
[53] => 276667
[54] => 283438
[55] => 273890
[56] => 274843.5
[57] => 284443.5
[58] => 283886
[59] => 299990
[60] => 286990
[61] => 295990
[62] => 297745
[63] => 294900
[64] => 3.00E+05
[65] => 294445
[66] => 297990
[67] => 299900
[68] => 318956
[69] => 321995
[70] => 330990
[71] => 335200
[72] => 328771
[73] => 342963
[74] => 327543.5
[75] => 346034
[76] => 337700
[77] => 312156
[78] => 310000
[79] => 310000
[80] => 318057.5
[81] => 314900
[82] => 310033
[83] => 312532
[84] => 332500
[85] => 335000
[86] => 330507.5
[87] => 327420
[88] => 335000
[89] => 349311
[90] => 339345
[91] => 340000
[92] => 340000
[93] => 337922.5
[94] => 329500
[95] => 335000
[96] => 323882
[97] => 340000
[98] => 367450
[99] => 369900
[100] => 379000
[101] => 364999
[102] => 375000
[103] => 334310.5
[104] => 334568.5
[105] => 330423
[106] => 350000
[107] => 361616.5
[108] => 376990
[109] => 378500
[110] => 377249
[111] => 379900
[112] => 379990
[113] => 385000
[114] => 390000
[115] => 387000
[116] => 389000
[117] => 375000
[118] => 354000
[119] => 347700
)
)
Array
(
[county_name] => Dallas
[state] => Texas
[state_fips] => 48
[county_fips] => 48113
[dma] => 623
[metro_name] => Dallas, TX
[cbsa_name] => Dallas-Fort Worth-Arlington, TX
[county_region_id_zillow] => 978
[metro_region_id_zillow] => 394514
[fips] => 48113
[cbsa_code] => 19100
[population_prior] => 2622799
[population] => 2637772
[rank] => 2
[difference] => 0.570878668
[region_id] => 978
[sale_counts] => "2854,2657,2448,2454,2437,2402,2417,2377,2285,2205,2150,2229,2155,2071,1945,1969,2011,2034,2070,2100,2323,2379,2360,2190,2135,2170,2186,2215,2034,1871,1704,1704,1799,1882,2021,1997,2008,1916,1930,1934,1905,1943,1882,1919,1924,1990,2154,2268,2237,2053,2021,2095,2194,2203,2096,2165,2212,2349,2455,2438,2476,2501,2554,2583,2562,2572,2586,2560,2509,2462,2502,2557,2561,2527,2493,2577,2616,2578,2608,2649,2681,2694,2683,2729,2718,2678,2648,2711,2768,2811,2775,2776,2802,2909,3013,3156,3138,3118,2957,2911,2730,2755,2796,2807,2889,2819,2949,2899,2903,2806,2788,2758,2704,2694,2691,2788,2851,2827,2954,2935,2983,2824,2776,2757,2748,2738,2632,2609,2552,2535,2524,2587,2599,2617,2610,2623,2660,2605,2637,2685,2773,"
[county] => Dallas
[flips] => 1980
[purchase_price] => 180000
[resale_price] => 223850
[gross_margin] => 43850
[flipcount_rank] => 2
[flipmargin_rank] => 48
[sale_counts_exploded] => Array
(
[0] => 2854
[1] => 2657
[2] => 2448
[3] => 2454
[4] => 2437
[5] => 2402
[6] => 2417
[7] => 2377
[8] => 2285
[9] => 2205
[10] => 2150
[11] => 2229
[12] => 2155
[13] => 2071
[14] => 1945
[15] => 1969
[16] => 2011
[17] => 2034
[18] => 2070
[19] => 2100
[20] => 2323
[21] => 2379
[22] => 2360
[23] => 2190
[24] => 2135
[25] => 2170
[26] => 2186
[27] => 2215
[28] => 2034
[29] => 1871
[30] => 1704
[31] => 1704
[32] => 1799
[33] => 1882
[34] => 2021
[35] => 1997
[36] => 2008
[37] => 1916
[38] => 1930
[39] => 1934
[40] => 1905
[41] => 1943
[42] => 1882
[43] => 1919
[44] => 1924
[45] => 1990
[46] => 2154
[47] => 2268
[48] => 2237
[49] => 2053
[50] => 2021
[51] => 2095
[52] => 2194
[53] => 2203
[54] => 2096
[55] => 2165
[56] => 2212
[57] => 2349
[58] => 2455
[59] => 2438
[60] => 2476
[61] => 2501
[62] => 2554
[63] => 2583
[64] => 2562
[65] => 2572
[66] => 2586
[67] => 2560
[68] => 2509
[69] => 2462
[70] => 2502
[71] => 2557
[72] => 2561
[73] => 2527
[74] => 2493
[75] => 2577
[76] => 2616
[77] => 2578
[78] => 2608
[79] => 2649
[80] => 2681
[81] => 2694
[82] => 2683
[83] => 2729
[84] => 2718
[85] => 2678
[86] => 2648
[87] => 2711
[88] => 2768
[89] => 2811
[90] => 2775
[91] => 2776
[92] => 2802
[93] => 2909
[94] => 3013
[95] => 3156
[96] => 3138
[97] => 3118
[98] => 2957
[99] => 2911
[100] => 2730
[101] => 2755
[102] => 2796
[103] => 2807
[104] => 2889
[105] => 2819
[106] => 2949
[107] => 2899
[108] => 2903
[109] => 2806
[110] => 2788
[111] => 2758
[112] => 2704
[113] => 2694
[114] => 2691
[115] => 2788
[116] => 2851
[117] => 2827
[118] => 2954
[119] => 2935
[120] => 2983
[121] => 2824
[122] => 2776
[123] => 2757
[124] => 2748
[125] => 2738
[126] => 2632
[127] => 2609
[128] => 2552
[129] => 2535
[130] => 2524
[131] => 2587
[132] => 2599
[133] => 2617
[134] => 2610
[135] => 2623
[136] => 2660
[137] => 2605
[138] => 2637
[139] => 2685
[140] => 2773
[141] =>
)
)