House Flipping Report
Neighborhood Data
Tyler, TX 75701
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 Tyler, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Smith 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
Smith County
#31st in TX
#81st 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
$ 187,000
0.03% YoY Change
Latest Monthly Sales Count
List Price /sqft
$104
-2% from last quarter
Reduced Listings /Month
12
-0.5% from last quarter
Average Home Sqft
$2,356
0.12% 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 Smith 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
Smith County
230,221
1.21%
#22nd in TX
75701
34,373
#21st 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] => 38172
[country] => USA
[zip] => 75701
[city] => Tyler
[state] => Texas
[state_abbr] => TX
[county] => Smith
[dma] => 709
[latitude] => 32.3215
[longitude] => -95.2915
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 75701
[zip_name] => tyler, tx
[flag] =>
[median_listing_price] => 219950
[median_listing_price_mm] => 0.0041
[median_listing_price_yy] => 0.1
[active_listing_count] => 84
[active_listing_count_mm] => -0.0968
[active_listing_count_yy] => -0.16
[median_days_on_market] => 69.5
[median_days_on_market_mm] => 0.3113
[median_days_on_market_yy] => -0.1824
[new_listing_count] => 24
[new_listing_count_mm] => 0.2
[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] => -0.5
[price_reduced_count_yy] => 0
[pending_listing_count] => 38
[pending_listing_count_mm] => -0.1739
[pending_listing_count_yy] => -0.1556
[median_listing_price_per_square_feet] => 104
[median_listing_price_per_square_feet_mm] => -2.00E-0
[median_listing_price_per_square_feet_yy] => -0.0092
[median_square_feet] => 2356
[median_square_feet_mm] => 0.0151
[median_square_feet_yy] => 0.1219
[average_listing_price] => 341093
[average_listing_price_mm] => -0.0105
[average_listing_price_yy] => 0.289
[total_listing_count] => 122
[total_listing_count_mm] => -0.1223
[total_listing_count_yy] => 0.4524
[pending_ratio_mm] => -0.0422
[pending_ratio_yy] => 0.0024
[RegionID] => 91044
[RegionName] => 75701
[State] => TX
[Metro] => Tyler
[County] => Smith County
[City] => Tyler
[SizeRank] => 233
[Zhvi] => 133500
[MoM] => 0.0206422
[QoQ] => 0.0300926
[YoY] => 0.0253456
[5Year] => 0.0565466
[10Year] => 0.0269766
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 133500
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 19102
[purchase_price] => 179358
[resale_price] => 214954
[gross_margin] => 35596
[flipcount_rank] => 3
[flipmargin_rank] => 49
[counties] => 254
[zip_population] => 34373
[zip_rank] => 221
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => "139900,140750,142000,144900,148200,145450,148750,147250,142900,139250,138950,138950,139500,133500,139000,139500,139997.5,142800,139900,139900,139900,135000,138000,139500,139999,139900,139900,139900,139900,136450,133900,135000,139500,139900,139500,142000,147500,145000,144700,148000,149500,144900,148900,145000,149900,149900,147500,147500,144700,147500,149900,149900,152900,151000,149700.5,145900,147000,145450,147250,145000,149950,149450,149000,159900,164500,159900,155450,152500,149950,152300,146950,139900,139900,143700,144950,149000,149900,151250,155950,159900,159900,159900,154950,153950,152000,154450,159900,165000,165800,165000,165000,167000,179000,182000,180000,179950,179900,179200,174900,175450,172750,175000,185000,185700,185000,186900,192400,197900,188000,184450,184950,189900,192000,187000,183900,179900,184000,189900,189450,187000"
[list_prices_exploded] => Array
(
[0] => 139900
[1] => 140750
[2] => 142000
[3] => 144900
[4] => 148200
[5] => 145450
[6] => 148750
[7] => 147250
[8] => 142900
[9] => 139250
[10] => 138950
[11] => 138950
[12] => 139500
[13] => 133500
[14] => 139000
[15] => 139500
[16] => 139997.5
[17] => 142800
[18] => 139900
[19] => 139900
[20] => 139900
[21] => 135000
[22] => 138000
[23] => 139500
[24] => 139999
[25] => 139900
[26] => 139900
[27] => 139900
[28] => 139900
[29] => 136450
[30] => 133900
[31] => 135000
[32] => 139500
[33] => 139900
[34] => 139500
[35] => 142000
[36] => 147500
[37] => 145000
[38] => 144700
[39] => 148000
[40] => 149500
[41] => 144900
[42] => 148900
[43] => 145000
[44] => 149900
[45] => 149900
[46] => 147500
[47] => 147500
[48] => 144700
[49] => 147500
[50] => 149900
[51] => 149900
[52] => 152900
[53] => 151000
[54] => 149700.5
[55] => 145900
[56] => 147000
[57] => 145450
[58] => 147250
[59] => 145000
[60] => 149950
[61] => 149450
[62] => 149000
[63] => 159900
[64] => 164500
[65] => 159900
[66] => 155450
[67] => 152500
[68] => 149950
[69] => 152300
[70] => 146950
[71] => 139900
[72] => 139900
[73] => 143700
[74] => 144950
[75] => 149000
[76] => 149900
[77] => 151250
[78] => 155950
[79] => 159900
[80] => 159900
[81] => 159900
[82] => 154950
[83] => 153950
[84] => 152000
[85] => 154450
[86] => 159900
[87] => 165000
[88] => 165800
[89] => 165000
[90] => 165000
[91] => 167000
[92] => 179000
[93] => 182000
[94] => 180000
[95] => 179950
[96] => 179900
[97] => 179200
[98] => 174900
[99] => 175450
[100] => 172750
[101] => 175000
[102] => 185000
[103] => 185700
[104] => 185000
[105] => 186900
[106] => 192400
[107] => 197900
[108] => 188000
[109] => 184450
[110] => 184950
[111] => 189900
[112] => 192000
[113] => 187000
[114] => 183900
[115] => 179900
[116] => 184000
[117] => 189900
[118] => 189450
[119] => 187000
)
)
Array
(
[county_name] => Smith
[state] => Texas
[state_fips] => 48
[county_fips] => 48423
[dma] => 709
[metro_name] => Tyler, TX
[cbsa_name] => Tyler, TX
[county_region_id_zillow] => 725
[metro_region_id_zillow] => 395174
[fips] => 48423
[cbsa_code] => 46340
[population_prior] => 227460
[population] => 230221
[rank] => 22
[difference] => 1.213839796
[region_id] => 725
[sale_counts] => "203,200,194,196,199,199,196,185,170,165,156,182,186,199,177,185,192,192,187,185,200,198,198,188,195,212,219,216,184,169,158,172,168,176,172,182,182,179,179,186,188,187,188,190,196,190,199,215,221,212,198,187,197,204,216,230,218,206,213,238,250,238,220,213,211,213,225,219,219,208,224,227,232,222,222,231,232,230,239,231,233,218,224,214,221,219,230,247,262,275,257,254,228,237,232,263,256,253,243,249,243,245,233,244,238,241,251,275,283,276,270,268,258,266,268,283,278,284,284,273,264,274,294,290,295,271,267,260,274,267,256,245,263,262,265,268,266,251,240,236,228,"
[county] => Smith
[flips] => 119
[purchase_price] => 152757
[resale_price] => 184063
[gross_margin] => 31306
[flipcount_rank] => 31
[flipmargin_rank] => 81
[sale_counts_exploded] => Array
(
[0] => 203
[1] => 200
[2] => 194
[3] => 196
[4] => 199
[5] => 199
[6] => 196
[7] => 185
[8] => 170
[9] => 165
[10] => 156
[11] => 182
[12] => 186
[13] => 199
[14] => 177
[15] => 185
[16] => 192
[17] => 192
[18] => 187
[19] => 185
[20] => 200
[21] => 198
[22] => 198
[23] => 188
[24] => 195
[25] => 212
[26] => 219
[27] => 216
[28] => 184
[29] => 169
[30] => 158
[31] => 172
[32] => 168
[33] => 176
[34] => 172
[35] => 182
[36] => 182
[37] => 179
[38] => 179
[39] => 186
[40] => 188
[41] => 187
[42] => 188
[43] => 190
[44] => 196
[45] => 190
[46] => 199
[47] => 215
[48] => 221
[49] => 212
[50] => 198
[51] => 187
[52] => 197
[53] => 204
[54] => 216
[55] => 230
[56] => 218
[57] => 206
[58] => 213
[59] => 238
[60] => 250
[61] => 238
[62] => 220
[63] => 213
[64] => 211
[65] => 213
[66] => 225
[67] => 219
[68] => 219
[69] => 208
[70] => 224
[71] => 227
[72] => 232
[73] => 222
[74] => 222
[75] => 231
[76] => 232
[77] => 230
[78] => 239
[79] => 231
[80] => 233
[81] => 218
[82] => 224
[83] => 214
[84] => 221
[85] => 219
[86] => 230
[87] => 247
[88] => 262
[89] => 275
[90] => 257
[91] => 254
[92] => 228
[93] => 237
[94] => 232
[95] => 263
[96] => 256
[97] => 253
[98] => 243
[99] => 249
[100] => 243
[101] => 245
[102] => 233
[103] => 244
[104] => 238
[105] => 241
[106] => 251
[107] => 275
[108] => 283
[109] => 276
[110] => 270
[111] => 268
[112] => 258
[113] => 266
[114] => 268
[115] => 283
[116] => 278
[117] => 284
[118] => 284
[119] => 273
[120] => 264
[121] => 274
[122] => 294
[123] => 290
[124] => 295
[125] => 271
[126] => 267
[127] => 260
[128] => 274
[129] => 267
[130] => 256
[131] => 245
[132] => 263
[133] => 262
[134] => 265
[135] => 268
[136] => 266
[137] => 251
[138] => 240
[139] => 236
[140] => 228
[141] =>
)
)