House Flipping Report
Neighborhood Data
Conroe, TX 77302
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
$ 276,490
0.04% YoY Change
Latest Monthly Sales Count
927
List Price /sqft
$113
0.05% from last quarter
Reduced Listings /Month
16
-0.6% from last quarter
Average Home Sqft
$2,657
0.06% 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
77302
18,118
#39th 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] => 37847
[country] => USA
[zip] => 77302
[city] => Conroe
[state] => Texas
[state_abbr] => TX
[county] => Montgomery
[dma] => 618
[latitude] => 30.2241
[longitude] => -95.3654
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 77302
[zip_name] => conroe, tx
[flag] => *
[median_listing_price] => 293340
[median_listing_price_mm] => 0.0665
[median_listing_price_yy] =>
[active_listing_count] => 109
[active_listing_count_mm] => 0.0481
[active_listing_count_yy] => 0.2824
[median_days_on_market] => 73
[median_days_on_market_mm] => -0.0519
[median_days_on_market_yy] => 0.1967
[new_listing_count] => 32
[new_listing_count_mm] => 0
[new_listing_count_yy] => 1.6667
[price_increased_count] => 4
[price_increased_count_mm] => 0
[price_increased_count_yy] =>
[price_reduced_count] => 16
[price_reduced_count_mm] => -0.6
[price_reduced_count_yy] => -0.3333
[pending_listing_count] => 25
[pending_listing_count_mm] => -0.2647
[pending_listing_count_yy] => 0.3158
[median_listing_price_per_square_feet] => 113
[median_listing_price_per_square_feet_mm] => 0.0458
[median_listing_price_per_square_feet_yy] => 0.2568
[median_square_feet] => 2657
[median_square_feet_mm] => 0.0428
[median_square_feet_yy] => 0.0577
[average_listing_price] => 329900
[average_listing_price_mm] => 0.0455
[average_listing_price_yy] => 0.2836
[total_listing_count] => 134
[total_listing_count_mm] => -0.029
[total_listing_count_yy] => 0.2294
[pending_ratio_mm] => -0.0976
[pending_ratio_yy] => 0.0058
[RegionID] => 91832
[RegionName] => 77302
[State] => TX
[Metro] => Houston-The Woodlands-Sugar Land
[County] => Montgomery County
[City] => Conroe
[SizeRank] => 652
[Zhvi] => 212500
[MoM] => 0.00141376
[QoQ] => 0.00758653
[YoY] => 0.0426889
[5Year] => 0.0579986
[10Year] => 0.0386031
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 212500
[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] => 18118
[zip_rank] => 539
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => ",,,,,,,,,,,,,209000,199925,182450,195000,197000,182400,179900,169900,169975,169900,169700,169700,174450,180375,198250,197000,169900,174900,168500,175000,175000,185500,185000,215000,225000,223900,229900,219900,209495,207445,186950,214450,201900,199950,2.00E+05,207900,225000,225000,250000,229500,224700,239900,227500,265727,271863.5,284999,284249,265672.5,268003.5,265000,266708,268304,249900,231000,238000,249900,252500,263000,259500,249950,249000,237000,237000,230000,239450,241400,249450,254000,239750,239250,244900,247450,249000,239950,264900,259500,262450,260000,265000,275000,275000,249945,237000,239700,230000,245945,250000,254500,257000,250000,247950,245000,239000,230500,235000,229900,229900,229900,229900,239990,239990,239900,252995,271990,271990,270495,276490"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] => 209000
[14] => 199925
[15] => 182450
[16] => 195000
[17] => 197000
[18] => 182400
[19] => 179900
[20] => 169900
[21] => 169975
[22] => 169900
[23] => 169700
[24] => 169700
[25] => 174450
[26] => 180375
[27] => 198250
[28] => 197000
[29] => 169900
[30] => 174900
[31] => 168500
[32] => 175000
[33] => 175000
[34] => 185500
[35] => 185000
[36] => 215000
[37] => 225000
[38] => 223900
[39] => 229900
[40] => 219900
[41] => 209495
[42] => 207445
[43] => 186950
[44] => 214450
[45] => 201900
[46] => 199950
[47] => 2.00E+05
[48] => 207900
[49] => 225000
[50] => 225000
[51] => 250000
[52] => 229500
[53] => 224700
[54] => 239900
[55] => 227500
[56] => 265727
[57] => 271863.5
[58] => 284999
[59] => 284249
[60] => 265672.5
[61] => 268003.5
[62] => 265000
[63] => 266708
[64] => 268304
[65] => 249900
[66] => 231000
[67] => 238000
[68] => 249900
[69] => 252500
[70] => 263000
[71] => 259500
[72] => 249950
[73] => 249000
[74] => 237000
[75] => 237000
[76] => 230000
[77] => 239450
[78] => 241400
[79] => 249450
[80] => 254000
[81] => 239750
[82] => 239250
[83] => 244900
[84] => 247450
[85] => 249000
[86] => 239950
[87] => 264900
[88] => 259500
[89] => 262450
[90] => 260000
[91] => 265000
[92] => 275000
[93] => 275000
[94] => 249945
[95] => 237000
[96] => 239700
[97] => 230000
[98] => 245945
[99] => 250000
[100] => 254500
[101] => 257000
[102] => 250000
[103] => 247950
[104] => 245000
[105] => 239000
[106] => 230500
[107] => 235000
[108] => 229900
[109] => 229900
[110] => 229900
[111] => 229900
[112] => 239990
[113] => 239990
[114] => 239900
[115] => 252995
[116] => 271990
[117] => 271990
[118] => 270495
[119] => 276490
)
)
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
)
)