House Flipping Report
Neighborhood Data
Houston, TX 77062
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 Houston, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Harris 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
Harris County
#1st in TX
#63rd 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
$ 243,900
0.05% YoY Change
Latest Monthly Sales Count
5,205
List Price /sqft
$117
0.02% from last quarter
Reduced Listings /Month
8
-0.75% from last quarter
Average Home Sqft
$2,175
-0.02% 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 Harris 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
Harris County
4,698,619
0.74%
#1st in TX
77062
25,152
#89th 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] => 37180
[country] => USA
[zip] => 77062
[city] => Houston
[state] => Texas
[state_abbr] => TX
[county] => Harris
[dma] => 618
[latitude] => 29.5727
[longitude] => -95.1363
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 77062
[zip_name] => houston, tx
[flag] =>
[median_listing_price] => 252500
[median_listing_price_mm] => 0.0139
[median_listing_price_yy] => 0.0139
[active_listing_count] => 53
[active_listing_count_mm] => 0.0192
[active_listing_count_yy] => -0.1719
[median_days_on_market] => 54
[median_days_on_market_mm] => 0.102
[median_days_on_market_yy] => -0.069
[new_listing_count] => 20
[new_listing_count_mm] => -0.1667
[new_listing_count_yy] => -0.2857
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.75
[price_reduced_count_yy] => -0.6667
[pending_listing_count] => 24
[pending_listing_count_mm] => -0.3846
[pending_listing_count_yy] => -0.2
[median_listing_price_per_square_feet] => 117
[median_listing_price_per_square_feet_mm] => 0.0159
[median_listing_price_per_square_feet_yy] => 0.0234
[median_square_feet] => 2175
[median_square_feet_mm] => -0.0082
[median_square_feet_yy] => -0.0229
[average_listing_price] => 276932
[average_listing_price_mm] => 0.0131
[average_listing_price_yy] => -0.0212
[total_listing_count] => 77
[total_listing_count_mm] => -0.1538
[total_listing_count_yy] => 0.4528
[pending_ratio_mm] => -0.2972
[pending_ratio_yy] => -0.0159
[RegionID] => 91711
[RegionName] => 77062
[State] => TX
[Metro] => Houston-The Woodlands-Sugar Land
[County] => Harris County
[City] => Houston
[SizeRank] => 468
[Zhvi] => 240900
[MoM] => 0.00375
[QoQ] => 0.0130362
[YoY] => 0.0478469
[5Year] => 0.0672287
[10Year] => 0.045759
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 240900
[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] => 25152
[zip_rank] => 389
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => "165000,169450,172000,170000,169900,169500,165000,164900,159900,159900,159900,159500,159000,159000,159900,159900,159000,158200,157200,157900,154900,154250,149500,153900,149900,153777,150500,150000,154500,154600,157700,159250,159900,159900,159900,159900,159900,159900,160000,164700,165000,168900,169500,165000,165250,164975,161950,157000,155000,164900,171350,174500,179000,180000,186000,185500,185000,188450,184350,187900,183000,183000,189900,190950,194950,199450,215000,215500,215500,216250,217500,218000,199950,212000,218000,219500,219500,229900,229900,225000,224950,224850,223900,219700,221250,223750,229000,228000,229900,229900,229000,229900,234750,234500,230498.5,235000,239900,239900,239000,239500,238000,235000,235000,235000,235000,236950,235000,234900,235000,229900,235000,239900,240000,245000,241999.5,244400,239900,239500,240000,243900"
[list_prices_exploded] => Array
(
[0] => 165000
[1] => 169450
[2] => 172000
[3] => 170000
[4] => 169900
[5] => 169500
[6] => 165000
[7] => 164900
[8] => 159900
[9] => 159900
[10] => 159900
[11] => 159500
[12] => 159000
[13] => 159000
[14] => 159900
[15] => 159900
[16] => 159000
[17] => 158200
[18] => 157200
[19] => 157900
[20] => 154900
[21] => 154250
[22] => 149500
[23] => 153900
[24] => 149900
[25] => 153777
[26] => 150500
[27] => 150000
[28] => 154500
[29] => 154600
[30] => 157700
[31] => 159250
[32] => 159900
[33] => 159900
[34] => 159900
[35] => 159900
[36] => 159900
[37] => 159900
[38] => 160000
[39] => 164700
[40] => 165000
[41] => 168900
[42] => 169500
[43] => 165000
[44] => 165250
[45] => 164975
[46] => 161950
[47] => 157000
[48] => 155000
[49] => 164900
[50] => 171350
[51] => 174500
[52] => 179000
[53] => 180000
[54] => 186000
[55] => 185500
[56] => 185000
[57] => 188450
[58] => 184350
[59] => 187900
[60] => 183000
[61] => 183000
[62] => 189900
[63] => 190950
[64] => 194950
[65] => 199450
[66] => 215000
[67] => 215500
[68] => 215500
[69] => 216250
[70] => 217500
[71] => 218000
[72] => 199950
[73] => 212000
[74] => 218000
[75] => 219500
[76] => 219500
[77] => 229900
[78] => 229900
[79] => 225000
[80] => 224950
[81] => 224850
[82] => 223900
[83] => 219700
[84] => 221250
[85] => 223750
[86] => 229000
[87] => 228000
[88] => 229900
[89] => 229900
[90] => 229000
[91] => 229900
[92] => 234750
[93] => 234500
[94] => 230498.5
[95] => 235000
[96] => 239900
[97] => 239900
[98] => 239000
[99] => 239500
[100] => 238000
[101] => 235000
[102] => 235000
[103] => 235000
[104] => 235000
[105] => 236950
[106] => 235000
[107] => 234900
[108] => 235000
[109] => 229900
[110] => 235000
[111] => 239900
[112] => 240000
[113] => 245000
[114] => 241999.5
[115] => 244400
[116] => 239900
[117] => 239500
[118] => 240000
[119] => 243900
)
)
Array
(
[county_name] => Harris
[state] => Texas
[state_fips] => 48
[county_fips] => 48201
[dma] => 618
[metro_name] => Houston, TX
[cbsa_name] => Houston-The Woodlands-Sugar Land, TX
[county_region_id_zillow] => 1090
[metro_region_id_zillow] => 394692
[fips] => 48201
[cbsa_code] => 26420
[population_prior] => 4664159
[population] => 4698619
[rank] => 1
[difference] => 0.738825585
[region_id] => 1090
[sale_counts] => "4754,4558,4364,4309,4234,4073,3653,3519,3370,3567,3536,3686,3747,3641,3471,3464,3616,3682,3705,3731,4090,4098,3912,3594,3666,3902,4034,4063,3708,3398,3088,3077,3240,3226,3556,3543,3814,3676,3724,3598,3491,3543,3512,3528,3480,3512,3780,3905,4035,3825,3881,3823,4083,3894,3946,3836,4256,4155,4386,4409,4621,4904,4972,5078,4969,4936,5069,4995,4969,4869,4926,4729,4782,4761,4906,4894,5135,4618,4857,4783,5364,5289,5191,5148,5091,5034,4974,5063,5150,5212,5171,5035,4936,4861,4923,5181,5210,5041,4890,4891,4923,5087,5048,5129,5142,5179,5393,5416,5590,5387,5373,5293,5235,4879,4667,4726,5207,5371,5705,5735,5717,5550,5477,5571,5512,5436,5281,5348,5377,5351,5212,5051,5113,5284,5390,5261,5134,5065,5099,5075,5105,5205"
[county] => Harris
[flips] => 2976
[purchase_price] => 168927
[resale_price] => 206031
[gross_margin] => 37103
[flipcount_rank] => 1
[flipmargin_rank] => 63
[sale_counts_exploded] => Array
(
[0] => 4754
[1] => 4558
[2] => 4364
[3] => 4309
[4] => 4234
[5] => 4073
[6] => 3653
[7] => 3519
[8] => 3370
[9] => 3567
[10] => 3536
[11] => 3686
[12] => 3747
[13] => 3641
[14] => 3471
[15] => 3464
[16] => 3616
[17] => 3682
[18] => 3705
[19] => 3731
[20] => 4090
[21] => 4098
[22] => 3912
[23] => 3594
[24] => 3666
[25] => 3902
[26] => 4034
[27] => 4063
[28] => 3708
[29] => 3398
[30] => 3088
[31] => 3077
[32] => 3240
[33] => 3226
[34] => 3556
[35] => 3543
[36] => 3814
[37] => 3676
[38] => 3724
[39] => 3598
[40] => 3491
[41] => 3543
[42] => 3512
[43] => 3528
[44] => 3480
[45] => 3512
[46] => 3780
[47] => 3905
[48] => 4035
[49] => 3825
[50] => 3881
[51] => 3823
[52] => 4083
[53] => 3894
[54] => 3946
[55] => 3836
[56] => 4256
[57] => 4155
[58] => 4386
[59] => 4409
[60] => 4621
[61] => 4904
[62] => 4972
[63] => 5078
[64] => 4969
[65] => 4936
[66] => 5069
[67] => 4995
[68] => 4969
[69] => 4869
[70] => 4926
[71] => 4729
[72] => 4782
[73] => 4761
[74] => 4906
[75] => 4894
[76] => 5135
[77] => 4618
[78] => 4857
[79] => 4783
[80] => 5364
[81] => 5289
[82] => 5191
[83] => 5148
[84] => 5091
[85] => 5034
[86] => 4974
[87] => 5063
[88] => 5150
[89] => 5212
[90] => 5171
[91] => 5035
[92] => 4936
[93] => 4861
[94] => 4923
[95] => 5181
[96] => 5210
[97] => 5041
[98] => 4890
[99] => 4891
[100] => 4923
[101] => 5087
[102] => 5048
[103] => 5129
[104] => 5142
[105] => 5179
[106] => 5393
[107] => 5416
[108] => 5590
[109] => 5387
[110] => 5373
[111] => 5293
[112] => 5235
[113] => 4879
[114] => 4667
[115] => 4726
[116] => 5207
[117] => 5371
[118] => 5705
[119] => 5735
[120] => 5717
[121] => 5550
[122] => 5477
[123] => 5571
[124] => 5512
[125] => 5436
[126] => 5281
[127] => 5348
[128] => 5377
[129] => 5351
[130] => 5212
[131] => 5051
[132] => 5113
[133] => 5284
[134] => 5390
[135] => 5261
[136] => 5134
[137] => 5065
[138] => 5099
[139] => 5075
[140] => 5105
[141] => 5205
)
)