House Flipping Report
Neighborhood Data
Houston, TX 77088
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
$ 170,000
0.1% YoY Change
Latest Monthly Sales Count
5,205
List Price /sqft
$122
-0% from last quarter
Reduced Listings /Month
12
-0.25% from last quarter
Average Home Sqft
$1,715
-0.07% 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
77088
49,660
#77th 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] => 37206
[country] => USA
[zip] => 77088
[city] => Houston
[state] => Texas
[state_abbr] => TX
[county] => Harris
[dma] => 618
[latitude] => 29.8816
[longitude] => -95.455
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 77088
[zip_name] => houston, tx
[flag] =>
[median_listing_price] => 189050
[median_listing_price_mm] => 0
[median_listing_price_yy] => 0.0925
[active_listing_count] => 93
[active_listing_count_mm] => -0.0882
[active_listing_count_yy] => 0.0941
[median_days_on_market] => 73
[median_days_on_market_mm] => 0.0429
[median_days_on_market_yy] => 0.1406
[new_listing_count] => 20
[new_listing_count_mm] => -0.1667
[new_listing_count_yy] => -0.2857
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.25
[price_reduced_count_yy] => -0.25
[pending_listing_count] => 39
[pending_listing_count_mm] => 0.0541
[pending_listing_count_yy] => -0.0488
[median_listing_price_per_square_feet] => 122
[median_listing_price_per_square_feet_mm] => -0.0011
[median_listing_price_per_square_feet_yy] => 0.3103
[median_square_feet] => 1715
[median_square_feet_mm] => -0.0069
[median_square_feet_yy] => -0.072
[average_listing_price] => 193376
[average_listing_price_mm] => 0.0086
[average_listing_price_yy] => 0.1161
[total_listing_count] => 132
[total_listing_count_mm] => -0.0504
[total_listing_count_yy] => 0.4194
[pending_ratio_mm] => 0.0566
[pending_ratio_yy] => -0.063
[RegionID] => 91737
[RegionName] => 77088
[State] => TX
[Metro] => Houston-The Woodlands-Sugar Land
[County] => Harris County
[City] => Houston
[SizeRank] => 131
[Zhvi] => 145000
[MoM] => 0.00694444
[QoQ] => 0.0401722
[YoY] => 0.0951662
[5Year] => 0.0947814
[10Year] => 0.0449659
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 145000
[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] => 49660
[zip_rank] => 77
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => "104900,100900,103500,104950,1.00E+05,99990,99625,99900,99900,99900,99000,95500,94200,90000,89900,89900,89900,89900,88900,89900,89900,89950,89950,92900,94500,95000,89900,90000,90000,97700,97450,92000,94900,85750,94950,90000,93250,1.00E+05,98000,1.00E+05,109900,110000,110000,110000,109995,115900,109250,110000,110000,110000,119900,114900,112950,119950,119000,120000,122500,120000,120000,119900,119000,124900,120000,125000,125000,125000,125000,128500,126450,120000,122700,124900,125000,124000,125000,125000,125000,127000,129250,135000,135000,138450,130000,127000,125500,129900,135000,133000,135892.5,135450,139900,135225,145000,145000,145000,149000,159900,159900,159000,159900,163900,165000,169000,163250,165000,165000,165000,160000,164950,160000,160000,168500,169900,169900,174950,170990,169950,169500,169500,170000"
[list_prices_exploded] => Array
(
[0] => 104900
[1] => 100900
[2] => 103500
[3] => 104950
[4] => 1.00E+05
[5] => 99990
[6] => 99625
[7] => 99900
[8] => 99900
[9] => 99900
[10] => 99000
[11] => 95500
[12] => 94200
[13] => 90000
[14] => 89900
[15] => 89900
[16] => 89900
[17] => 89900
[18] => 88900
[19] => 89900
[20] => 89900
[21] => 89950
[22] => 89950
[23] => 92900
[24] => 94500
[25] => 95000
[26] => 89900
[27] => 90000
[28] => 90000
[29] => 97700
[30] => 97450
[31] => 92000
[32] => 94900
[33] => 85750
[34] => 94950
[35] => 90000
[36] => 93250
[37] => 1.00E+05
[38] => 98000
[39] => 1.00E+05
[40] => 109900
[41] => 110000
[42] => 110000
[43] => 110000
[44] => 109995
[45] => 115900
[46] => 109250
[47] => 110000
[48] => 110000
[49] => 110000
[50] => 119900
[51] => 114900
[52] => 112950
[53] => 119950
[54] => 119000
[55] => 120000
[56] => 122500
[57] => 120000
[58] => 120000
[59] => 119900
[60] => 119000
[61] => 124900
[62] => 120000
[63] => 125000
[64] => 125000
[65] => 125000
[66] => 125000
[67] => 128500
[68] => 126450
[69] => 120000
[70] => 122700
[71] => 124900
[72] => 125000
[73] => 124000
[74] => 125000
[75] => 125000
[76] => 125000
[77] => 127000
[78] => 129250
[79] => 135000
[80] => 135000
[81] => 138450
[82] => 130000
[83] => 127000
[84] => 125500
[85] => 129900
[86] => 135000
[87] => 133000
[88] => 135892.5
[89] => 135450
[90] => 139900
[91] => 135225
[92] => 145000
[93] => 145000
[94] => 145000
[95] => 149000
[96] => 159900
[97] => 159900
[98] => 159000
[99] => 159900
[100] => 163900
[101] => 165000
[102] => 169000
[103] => 163250
[104] => 165000
[105] => 165000
[106] => 165000
[107] => 160000
[108] => 164950
[109] => 160000
[110] => 160000
[111] => 168500
[112] => 169900
[113] => 169900
[114] => 174950
[115] => 170990
[116] => 169950
[117] => 169500
[118] => 169500
[119] => 170000
)
)
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
)
)