House Flipping Report
Neighborhood Data
Karnack, TX 75661
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 Karnack, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Harrison 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
Harrison County
#78th in TX
#55th 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 Monthly Sales Count
List Price /sqft
$131
even from last quarter
Avg. Days on Market
172
-0.25% from last year
Average Home Sqft
$2,607
0.05% 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 Harrison 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
Harrison County
66,726
0.28%
#53rd in TX
75661
2,807
#73rd 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] => 37358
[country] => USA
[zip] => 75661
[city] => Karnack
[state] => Texas
[state_abbr] => TX
[county] => Harrison
[dma] => 612
[latitude] => 32.6398
[longitude] => -94.1682
[timezone] => -6
[timezone_dst] => 1
[dttm] =>
[postal_code] => 75661
[zip_name] => karnack, tx
[flag] => *
[median_listing_price] => 294500
[median_listing_price_mm] => -0.0769
[median_listing_price_yy] => -0.144
[active_listing_count] => 21
[active_listing_count_mm] => -0.16
[active_listing_count_yy] =>
[median_days_on_market] => 171.5
[median_days_on_market_mm] => 0.0924
[median_days_on_market_yy] => -0.2511
[new_listing_count] => 0
[new_listing_count_mm] =>
[new_listing_count_yy] =>
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] => -1
[price_reduced_count_yy] =>
[pending_listing_count] => 2
[pending_listing_count_mm] =>
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 131
[median_listing_price_per_square_feet_mm] => 0
[median_listing_price_per_square_feet_yy] => -0.2603
[median_square_feet] => 2607
[median_square_feet_mm] => 0
[median_square_feet_yy] => 0.0504
[average_listing_price] => 317788
[average_listing_price_mm] => -0.0276
[average_listing_price_yy] => -0.0687
[total_listing_count] => 23
[total_listing_count_mm] => -0.08
[total_listing_count_yy] => 0.0952
[pending_ratio_mm] => 0.0952
[pending_ratio_yy] => 0.0952
[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] => 2807
[zip_rank] => 1173
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] =>
[list_prices_exploded] => Array
(
[0] =>
)
)
Array
(
[county_name] => Harrison
[state] => Texas
[state_fips] => 48
[county_fips] => 48203
[dma] => 612
[metro_name] => Marshall, TX
[cbsa_name] => Marshall, TX
[county_region_id_zillow] => 2335
[metro_region_id_zillow] => 394832
[fips] => 48203
[cbsa_code] => 32220
[population_prior] => 66540
[population] => 66726
[rank] => 53
[difference] => 0.279531109
[region_id] => 2335
[sale_counts] => "26,28,33,37,39,40,41,42,42,40,41,39,37,39,38,41,41,41,45,46,52,48,44,47,50,57,55,52,48,45,48,49,52,50,44,45,46,50,42,47,44,49,43,47,52,53,51,55,56,58,51,49,49,45,46,50,53,53,57,59,60,62,62,61,55,58,63,60,55,49,50,57,62,60,54,52,52,50,52,56,61,62,62,65,69,69,66,66,71,75,80,79,78,71,72,67,71,70,76,79,79,77,72,74,76,82,75,76,72,77,77,73,71,63,61,60,65,70,79,77,73,71,71,80,87,94,88,87,81,78,60,50,44,40,35,,,,,,,"
[county] => Harrison
[flips] => 21
[purchase_price] => 90000
[resale_price] => 130625
[gross_margin] => 40625
[flipcount_rank] => 78
[flipmargin_rank] => 55
[sale_counts_exploded] => Array
(
[0] => 26
[1] => 28
[2] => 33
[3] => 37
[4] => 39
[5] => 40
[6] => 41
[7] => 42
[8] => 42
[9] => 40
[10] => 41
[11] => 39
[12] => 37
[13] => 39
[14] => 38
[15] => 41
[16] => 41
[17] => 41
[18] => 45
[19] => 46
[20] => 52
[21] => 48
[22] => 44
[23] => 47
[24] => 50
[25] => 57
[26] => 55
[27] => 52
[28] => 48
[29] => 45
[30] => 48
[31] => 49
[32] => 52
[33] => 50
[34] => 44
[35] => 45
[36] => 46
[37] => 50
[38] => 42
[39] => 47
[40] => 44
[41] => 49
[42] => 43
[43] => 47
[44] => 52
[45] => 53
[46] => 51
[47] => 55
[48] => 56
[49] => 58
[50] => 51
[51] => 49
[52] => 49
[53] => 45
[54] => 46
[55] => 50
[56] => 53
[57] => 53
[58] => 57
[59] => 59
[60] => 60
[61] => 62
[62] => 62
[63] => 61
[64] => 55
[65] => 58
[66] => 63
[67] => 60
[68] => 55
[69] => 49
[70] => 50
[71] => 57
[72] => 62
[73] => 60
[74] => 54
[75] => 52
[76] => 52
[77] => 50
[78] => 52
[79] => 56
[80] => 61
[81] => 62
[82] => 62
[83] => 65
[84] => 69
[85] => 69
[86] => 66
[87] => 66
[88] => 71
[89] => 75
[90] => 80
[91] => 79
[92] => 78
[93] => 71
[94] => 72
[95] => 67
[96] => 71
[97] => 70
[98] => 76
[99] => 79
[100] => 79
[101] => 77
[102] => 72
[103] => 74
[104] => 76
[105] => 82
[106] => 75
[107] => 76
[108] => 72
[109] => 77
[110] => 77
[111] => 73
[112] => 71
[113] => 63
[114] => 61
[115] => 60
[116] => 65
[117] => 70
[118] => 79
[119] => 77
[120] => 73
[121] => 71
[122] => 71
[123] => 80
[124] => 87
[125] => 94
[126] => 88
[127] => 87
[128] => 81
[129] => 78
[130] => 60
[131] => 50
[132] => 44
[133] => 40
[134] => 35
[135] =>
[136] =>
[137] =>
[138] =>
[139] =>
[140] =>
[141] =>
)
)