House Flipping Report
Neighborhood Data
Conroe, TX 77301
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 Conroe, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Montgomery 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
Montgomery County
#12th in TX
#59th 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
$ 228,983
0.07% YoY Change
Latest Monthly Sales Count
927
List Price /sqft
$110
0.01% from last quarter
Reduced Listings /Month
8
-0.6% from last quarter
Average Home Sqft
$2,172
-0.1% 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 Montgomery 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
Montgomery County
590,925
3.28%
#11th in TX
77301
30,769
#75th 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] => 37846
[country] => USA
[zip] => 77301
[city] => Conroe
[state] => Texas
[state_abbr] => TX
[county] => Montgomery
[dma] => 618
[latitude] => 30.3042
[longitude] => -95.432
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 77301
[zip_name] => conroe, tx
[flag] =>
[median_listing_price] => 249795
[median_listing_price_mm] => -0.0206
[median_listing_price_yy] => 0.0406
[active_listing_count] => 70
[active_listing_count_mm] => -0.0789
[active_listing_count_yy] => -0.2473
[median_days_on_market] => 51.5
[median_days_on_market_mm] => 0.051
[median_days_on_market_yy] => -0.3642
[new_listing_count] => 20
[new_listing_count_mm] => -0.4444
[new_listing_count_yy] => 0
[price_increased_count] => 4
[price_increased_count_mm] => 0
[price_increased_count_yy] => -0.6667
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.6
[price_reduced_count_yy] => -0.5
[pending_listing_count] => 44
[pending_listing_count_mm] => -0.102
[pending_listing_count_yy] => -0.0222
[median_listing_price_per_square_feet] => 110
[median_listing_price_per_square_feet_mm] => 0.0115
[median_listing_price_per_square_feet_yy] => 0.0342
[median_square_feet] => 2172
[median_square_feet_mm] => -0.0338
[median_square_feet_yy] => -0.1021
[average_listing_price] => 256639
[average_listing_price_mm] => -0.015
[average_listing_price_yy] => -0.0078
[total_listing_count] => 114
[total_listing_count_mm] => -0.088
[total_listing_count_yy] => 0.6286
[pending_ratio_mm] => -0.0162
[pending_ratio_yy] => 0.1447
[RegionID] => 91831
[RegionName] => 77301
[State] => TX
[Metro] => Houston-The Woodlands-Sugar Land
[County] => Montgomery County
[City] => Conroe
[SizeRank] => 364
[Zhvi] => 151100
[MoM] => 0.00465426
[QoQ] => 0.0285909
[YoY] => 0.0731534
[5Year] => 0.0897884
[10Year] => 0.0428732
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 151100
[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] => 30769
[zip_rank] => 275
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => "125000,125000,125000,125000,120000,124450,120000,119000,129900,129270,134445,128226,123950,129540,130000,123000,125000,123950,131950,139900,138495,134900,131990,130145,124900,120000,118000,123000,126000,126495,129640,127990,126843,126686,129900,134900,142319.5,133990,134900,143943,146990,149000,153495,149950,158490,157245,179900,184900,187990,190297,190694,196444,195990,193990,196040,193540,193990,193990,198495,200445,204240,198540,195551,196540,195240,192443,209440,207640,196990,208945,209845,209290,209790,217600,212540,213990,199990,221750,218550,232290,223990,193000,195900,201990,212990,208490,200620,212165,218795,219990,224945,224990,226990,229990,229990,225195,234945,219432.5,219000,224500,229900,224900,224995,216340,217847.5,217995,214410,215075,219450,233902.5,235815,235000,229945,229900,229000,231940,239590,236990,232140,228982.5"
[list_prices_exploded] => Array
(
[0] => 125000
[1] => 125000
[2] => 125000
[3] => 125000
[4] => 120000
[5] => 124450
[6] => 120000
[7] => 119000
[8] => 129900
[9] => 129270
[10] => 134445
[11] => 128226
[12] => 123950
[13] => 129540
[14] => 130000
[15] => 123000
[16] => 125000
[17] => 123950
[18] => 131950
[19] => 139900
[20] => 138495
[21] => 134900
[22] => 131990
[23] => 130145
[24] => 124900
[25] => 120000
[26] => 118000
[27] => 123000
[28] => 126000
[29] => 126495
[30] => 129640
[31] => 127990
[32] => 126843
[33] => 126686
[34] => 129900
[35] => 134900
[36] => 142319.5
[37] => 133990
[38] => 134900
[39] => 143943
[40] => 146990
[41] => 149000
[42] => 153495
[43] => 149950
[44] => 158490
[45] => 157245
[46] => 179900
[47] => 184900
[48] => 187990
[49] => 190297
[50] => 190694
[51] => 196444
[52] => 195990
[53] => 193990
[54] => 196040
[55] => 193540
[56] => 193990
[57] => 193990
[58] => 198495
[59] => 200445
[60] => 204240
[61] => 198540
[62] => 195551
[63] => 196540
[64] => 195240
[65] => 192443
[66] => 209440
[67] => 207640
[68] => 196990
[69] => 208945
[70] => 209845
[71] => 209290
[72] => 209790
[73] => 217600
[74] => 212540
[75] => 213990
[76] => 199990
[77] => 221750
[78] => 218550
[79] => 232290
[80] => 223990
[81] => 193000
[82] => 195900
[83] => 201990
[84] => 212990
[85] => 208490
[86] => 200620
[87] => 212165
[88] => 218795
[89] => 219990
[90] => 224945
[91] => 224990
[92] => 226990
[93] => 229990
[94] => 229990
[95] => 225195
[96] => 234945
[97] => 219432.5
[98] => 219000
[99] => 224500
[100] => 229900
[101] => 224900
[102] => 224995
[103] => 216340
[104] => 217847.5
[105] => 217995
[106] => 214410
[107] => 215075
[108] => 219450
[109] => 233902.5
[110] => 235815
[111] => 235000
[112] => 229945
[113] => 229900
[114] => 229000
[115] => 231940
[116] => 239590
[117] => 236990
[118] => 232140
[119] => 228982.5
)
)
Array
(
[county_name] => Montgomery
[state] => Texas
[state_fips] => 48
[county_fips] => 48339
[dma] => 618
[metro_name] => Houston, TX
[cbsa_name] => Houston-The Woodlands-Sugar Land, TX
[county_region_id_zillow] => 2983
[metro_region_id_zillow] => 394692
[fips] => 48339
[cbsa_code] => 26420
[population_prior] => 572146
[population] => 590925
[rank] => 11
[difference] => 3.282204193
[region_id] => 2983
[sale_counts] => "666,623,575,559,540,533,491,471,431,438,472,504,525,493,484,489,521,518,518,499,548,554,553,522,545,571,566,555,512,514,484,496,521,542,579,570,582,553,539,532,525,556,556,554,529,512,548,571,584,571,604,636,657,655,667,696,706,687,721,735,780,767,788,789,808,807,800,788,777,784,795,800,804,789,788,777,784,786,835,852,851,854,887,895,862,816,788,807,815,747,743,726,801,794,803,833,830,803,779,801,808,831,820,822,852,851,899,929,968,948,911,913,927,896,873,877,932,945,1035,1081,1103,1071,1074,1122,1154,1180,1183,1193,1227,1253,1288,1236,1226,1189,1135,1020,937,927,920,893,875,927"
[county] => Montgomery
[flips] => 348
[purchase_price] => 201335
[resale_price] => 240625
[gross_margin] => 39290
[flipcount_rank] => 12
[flipmargin_rank] => 59
[sale_counts_exploded] => Array
(
[0] => 666
[1] => 623
[2] => 575
[3] => 559
[4] => 540
[5] => 533
[6] => 491
[7] => 471
[8] => 431
[9] => 438
[10] => 472
[11] => 504
[12] => 525
[13] => 493
[14] => 484
[15] => 489
[16] => 521
[17] => 518
[18] => 518
[19] => 499
[20] => 548
[21] => 554
[22] => 553
[23] => 522
[24] => 545
[25] => 571
[26] => 566
[27] => 555
[28] => 512
[29] => 514
[30] => 484
[31] => 496
[32] => 521
[33] => 542
[34] => 579
[35] => 570
[36] => 582
[37] => 553
[38] => 539
[39] => 532
[40] => 525
[41] => 556
[42] => 556
[43] => 554
[44] => 529
[45] => 512
[46] => 548
[47] => 571
[48] => 584
[49] => 571
[50] => 604
[51] => 636
[52] => 657
[53] => 655
[54] => 667
[55] => 696
[56] => 706
[57] => 687
[58] => 721
[59] => 735
[60] => 780
[61] => 767
[62] => 788
[63] => 789
[64] => 808
[65] => 807
[66] => 800
[67] => 788
[68] => 777
[69] => 784
[70] => 795
[71] => 800
[72] => 804
[73] => 789
[74] => 788
[75] => 777
[76] => 784
[77] => 786
[78] => 835
[79] => 852
[80] => 851
[81] => 854
[82] => 887
[83] => 895
[84] => 862
[85] => 816
[86] => 788
[87] => 807
[88] => 815
[89] => 747
[90] => 743
[91] => 726
[92] => 801
[93] => 794
[94] => 803
[95] => 833
[96] => 830
[97] => 803
[98] => 779
[99] => 801
[100] => 808
[101] => 831
[102] => 820
[103] => 822
[104] => 852
[105] => 851
[106] => 899
[107] => 929
[108] => 968
[109] => 948
[110] => 911
[111] => 913
[112] => 927
[113] => 896
[114] => 873
[115] => 877
[116] => 932
[117] => 945
[118] => 1035
[119] => 1081
[120] => 1103
[121] => 1071
[122] => 1074
[123] => 1122
[124] => 1154
[125] => 1180
[126] => 1183
[127] => 1193
[128] => 1227
[129] => 1253
[130] => 1288
[131] => 1236
[132] => 1226
[133] => 1189
[134] => 1135
[135] => 1020
[136] => 937
[137] => 927
[138] => 920
[139] => 893
[140] => 875
[141] => 927
)
)