House Flipping Report
Neighborhood Data
Montgomery, TX 77316
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 Montgomery, 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
$ 339,450
-0.01% YoY Change
Latest Monthly Sales Count
927
List Price /sqft
$132
-0.01% from last quarter
Reduced Listings /Month
60
-0.29% from last quarter
Average Home Sqft
$2,682
-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
77316
16,036
#2nd 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] => 37852
[country] => USA
[zip] => 77316
[city] => Montgomery
[state] => Texas
[state_abbr] => TX
[county] => Montgomery
[dma] => 618
[latitude] => 30.312
[longitude] => -95.6753
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 77316
[zip_name] => montgomery, tx
[flag] =>
[median_listing_price] => 362899
[median_listing_price_mm] => 0.0082
[median_listing_price_yy] => -0.0575
[active_listing_count] => 281
[active_listing_count_mm] => -0.0106
[active_listing_count_yy] => 0.1063
[median_days_on_market] => 73.5
[median_days_on_market_mm] => -0.0455
[median_days_on_market_yy] => -0.1648
[new_listing_count] => 80
[new_listing_count_mm] => 0.4286
[new_listing_count_yy] => 0.5385
[price_increased_count] => 8
[price_increased_count_mm] => -0.3333
[price_increased_count_yy] => 1
[price_reduced_count] => 60
[price_reduced_count_mm] => -0.2857
[price_reduced_count_yy] => 1.1429
[pending_listing_count] => 81
[pending_listing_count_mm] => -0.1818
[pending_listing_count_yy] => 0.1408
[median_listing_price_per_square_feet] => 132
[median_listing_price_per_square_feet_mm] => -0.0077
[median_listing_price_per_square_feet_yy] => 0.0084
[median_square_feet] => 2682
[median_square_feet_mm] => 4.00E-04
[median_square_feet_yy] => -0.0961
[average_listing_price] => 462984
[average_listing_price_mm] => -4.00E-0
[average_listing_price_yy] => 0.0058
[total_listing_count] => 362
[total_listing_count_mm] => -0.0548
[total_listing_count_yy] => 0.2883
[pending_ratio_mm] => -0.0603
[pending_ratio_yy] => 0.0087
[RegionID] => 91838
[RegionName] => 77316
[State] => TX
[Metro] => Houston-The Woodlands-Sugar Land
[County] => Montgomery County
[City] => Montgomery
[SizeRank] => 418
[Zhvi] => 328300
[MoM] => -0.00424628
[QoQ] => -0.0167715
[YoY] => -0.0126316
[5Year] => 0.0414231
[10Year] => 0.031653
[PeakMonth] => 2019-02
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 336900
[PctFallFromPeak] => -0.0255269
[LastTimeAtCurrZHVI] => 2018-08
[flips] => 19102
[purchase_price] => 179358
[resale_price] => 214954
[gross_margin] => 35596
[flipcount_rank] => 3
[flipmargin_rank] => 49
[counties] => 254
[zip_population] => 16036
[zip_rank] => 602
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => ",,,,,,,,,,,,,,,,180000,197990,199500,199900,186990,214990,212990,194945,189445,207490,209445,217490,215990,201900,207990,225990,224945,224870,225990,241990,249990,255990,259900,262480,271990,280990,288558,289146,286990,288990,286955,292490,300945,310990,321990,326290,339500,359449.5,358495,353400,369445,366350,365350,384990,380539,390800,389990,399900,398482,389945,395381,394078,399991.5,403905,403990,415990,404776,399900,399900,399900,395082,399900,389990,388888,372990,375000,359900,359900,350000,358838.5,375000,370907,375000,377495,378950,372495,362237,364790,350000,367990,371348,371348,369949.5,354990,375000,361242,359000,350000,358490,356000,355000,359450,339900,349995,349000,349900,354950,345000,349900,340000,341900,339000,342250,339450"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] => 180000
[17] => 197990
[18] => 199500
[19] => 199900
[20] => 186990
[21] => 214990
[22] => 212990
[23] => 194945
[24] => 189445
[25] => 207490
[26] => 209445
[27] => 217490
[28] => 215990
[29] => 201900
[30] => 207990
[31] => 225990
[32] => 224945
[33] => 224870
[34] => 225990
[35] => 241990
[36] => 249990
[37] => 255990
[38] => 259900
[39] => 262480
[40] => 271990
[41] => 280990
[42] => 288558
[43] => 289146
[44] => 286990
[45] => 288990
[46] => 286955
[47] => 292490
[48] => 300945
[49] => 310990
[50] => 321990
[51] => 326290
[52] => 339500
[53] => 359449.5
[54] => 358495
[55] => 353400
[56] => 369445
[57] => 366350
[58] => 365350
[59] => 384990
[60] => 380539
[61] => 390800
[62] => 389990
[63] => 399900
[64] => 398482
[65] => 389945
[66] => 395381
[67] => 394078
[68] => 399991.5
[69] => 403905
[70] => 403990
[71] => 415990
[72] => 404776
[73] => 399900
[74] => 399900
[75] => 399900
[76] => 395082
[77] => 399900
[78] => 389990
[79] => 388888
[80] => 372990
[81] => 375000
[82] => 359900
[83] => 359900
[84] => 350000
[85] => 358838.5
[86] => 375000
[87] => 370907
[88] => 375000
[89] => 377495
[90] => 378950
[91] => 372495
[92] => 362237
[93] => 364790
[94] => 350000
[95] => 367990
[96] => 371348
[97] => 371348
[98] => 369949.5
[99] => 354990
[100] => 375000
[101] => 361242
[102] => 359000
[103] => 350000
[104] => 358490
[105] => 356000
[106] => 355000
[107] => 359450
[108] => 339900
[109] => 349995
[110] => 349000
[111] => 349900
[112] => 354950
[113] => 345000
[114] => 349900
[115] => 340000
[116] => 341900
[117] => 339000
[118] => 342250
[119] => 339450
)
)
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
)
)