House Flipping Report
Neighborhood Data
Bay City, TX 77414
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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 Bay City, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Matagorda 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
Matagorda County
#79th in TX
#35th 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
$ 189,900
0.03% YoY Change
List Price /sqft
$110
-0.01% from last quarter
Reduced Listings /Month
12
-0.4% from last quarter
Average Home Sqft
$1,651
0.03% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Matagorda County . This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.
Region
Population
Change YoY
Rank
Texas
28,701,845
1.34%
#2nd in US
Matagorda County
36,552
-0.7%
#84th in TX
77414
23,047
#40th 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.
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